Following a rally in energy…
The U.S. government has multiple…
Researchers at the University of Exeter and the Australian National University published a study…
Despite some uptick in consumption in recent months, the world’s demand for natural gas is still set to see its biggest drop on record in 2020, the International Energy Agency…
Oil and gas companies operating in the Gulf of Mexico are beginning to return evacuated staff to offshore platforms after Hurricane Delta, Reuters reported, citing updates from Chevron, Shell,…
Just after global oil demand crashed by 20 percent in April, analysts predicted that consumption would recover in the second half of 2020 and, supported by the OPEC+…
Waymo just announced its plans to deploy vehicles without backup safety drivers, making a major milestone in a sector that has…
Installed geothermal capacity is forecast to expand in the next five years as energy companies diversify into alternative markets, driven by the accelerating energy transition. Global geothermal power…
Oil prices are on course to climb 10 percent this week as Hurricane Delta shuts in over 90 percent of production in the Gulf of Mexico, leading some analysts to…
Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 4 to 193—a gain that may push prices down further. The total number…
U.S. West Texas Intermediate is trading lower on Friday after giving back earlier gains. Some traders are saying the markets are taking a breather from the nearly 10% run-up this…
1. DVN and EOG exposed to federal lands drilling ban- With Joe Biden leading in…
COVID Market Update For oil suffering under a pandemic, it’s been another week of layoffs and bankruptcies … - Sable Permian Resources LLC was the first shale patch bankruptcy of…
A few weeks ago, when it was announced that Exxon Mobil (XOM) was being unceremoniously dumped from the Dow Jones Industrial Average, that news was bound to usher in another…
The Other National Emergency The U.S. has another national emergency, and this time it’s in the mining sector, where presidential action is better late than never. China controls the bulk…
The massive US$75-billion annual dividend of Saudi Aramco cannot fund the widening budget gap of Saudi Arabia if oil prices remain low beyond 2021, Moody’s said in a report…
Activist investor Carl Icahn is optimistic about the oil industry, expecting it to recover from the effects of the coronavirus pandemic, but not very quickly. Investors should have patience, he…
It is no coincidence that just over a month after Israel and the United Arab Emirates declared that they would normalise relations and Israel and Bahrain did the same, Iraq…
Many people who have increasingly despaired at the adverse effects of changing climate have probably mused: Why can’t we go completely green? Why are fossil fuels so hard…
A drive to reduce emissions that is spreading faster than the coronavirus in the energy industry could see assets worth up to $17 billion put up for sale…
If Joe Biden becomes the next president of the United States, the energy industry will feel the pinch, with onshore gas and offshore oil being the most vulnerable industry segments,…
The oil market has already priced in the slowing global demand recovery and the growing uncertainties about the economy amid resurging coronavirus cases in many parts of the…