Global energy firms are carefully developing new oil and gas projects—mostly outside the United States.
Brazil posted its strongest trade surplus for January in 17 years, according to data from the Development, Industry, Trade and Services Ministry on Wednesday, leveraged by increased exports. This was the best result for January since 2006's trade surplus of $2.730 billion. Brazil expects a higher trade surplus in 2023 on the back of a drop in imports, while exports should remain at a similar level from 2022, said the director of Foreign Trade Intelligence and Statistics, Herlon Brandão.
(Bloomberg) -- The Biden administration telegraphed it could support a scaled-back drilling plan at ConocoPhillips’s proposed Willow project in northwest Alaska, even as it cited “substantial concerns” with the oil development and warned of further restrictions to limit its impact on wildlife and the climate.Most Read from Bloomberg8,000 Layoffs Don’t Exactly Scream Family ValuesNational Archives Releases Records Tied to Trump Classified DocumentsAdani Stock Crash at $92 Billion as Collateral Wo