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  • Stanley Reed

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Oil Prices Projected Higher on Supply Cuts by Saudi Arabia and Russia

Prices have been creeping higher, despite uncertainty about the strength of the global economy.

Oil Prices Rise on Saudi and Russian Production Cuts

The major exporters announced production cuts amid concerns about weaker demand’s effects on prices.

A Giant Wind Farm Is Taking Root Off Massachusetts

The offshore energy project will have turbines taller than any building in Boston, but they will be barely visible from Martha’s Vineyard.

North Sea Sees Potential Shift from Oil and Gas to Renewable Energies

The offshore wind industry continues to grow as nations look to change Europe’s oil and gas hub into a major source of renewable energy.

Global Oil Demand Is Set to Slow

The International Energy Agency said oil consumption will hit a peak in a few years, with shrinking gasoline use after 2026.

Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices

OPEC Plus, the group of major oil producers, said it would continue its recent cuts in output, but Saudi Arabia said it would cut further…

OPEC Plus May Consider Cuts in Oil Production

The group of major oil producers and Russia will meet this weekend to discuss a swoon in oil prices.

Vary Energy Leans on Manure to Provide a Greener Future

Varo Energy, a Swiss provider of gasoline and diesel, is charting a path to lower carbon energy by relying on farm waste and used cooking oil.

An Automaker Has a Stark Warning for the U.K. Car Industry

Stellantis said post-Brexit export rules and the lack of a domestic battery manufacturer could force it to close its plants in Britain.

Falling Oil Prices Cause Saudi Aramco’s Profit to Slip 19 Percent

But at nearly $32 billion, the oil giant’s quarterly earnings still far exceeded those of Western rivals, and it announced an increase in dividend payments.