News

Jul 23, 2015 at 16:52 | Andy Tully

Environmental activists are furious that the Obama administration is allowing Royal Dutch Shell to begin its much-debated drilling in the Arctic Ocean this summer, even with…

Jul 23, 2015 at 16:43 | Andy Tully

Fossil fuels may release plenty of carbon dioxide, but they alone aren’t responsible for all of the greenhouse gases blamed for global climate change. What causes…

Jul 22, 2015 at 16:16 | Andy Tully

The promise of renewable energy sources such as solar and wind is that they’re increasingly cheaper, cleaner and easier to harvest. But they’re also fickle, so that a period of…

Jul 22, 2015 at 16:11 | Andy Tully

The Cuban oil company Cubapetroleo, or Cupet, is close to a deal with Angola’s state-run Sonangol to get Cuba’s deepwater energy exploration program up and running three years after work…

Jul 21, 2015 at 16:41 | Andy Tully

Germany is moving cautiously but steadily toward resuming its once-close trade relationship with Iran, but with an important condition: Tehran must be open to improving its relations with Israel.

Jul 21, 2015 at 16:35 | Andy Tully

The second quarter of 2015 was a grim period for the oilfield-services industry, and Halliburton Co. was no exception. The Houston-based company said its earnings plummeted…

Jul 20, 2015 at 15:30 | Andy Tully

While many observers believe the deal Iran struck with six world powers over its nuclear program may depress oil prices even further, Russia’s energy minister says…

Jul 17, 2015 at 16:58 | Andy Tully

If oil can maintain a fairly low price of $60 per barrel, Russian energy companies can survive a drawn-out depression in the global industry, according to…

Jul 17, 2015 at 16:39 | Andy Tully

Ben van Beurden, the CEO of Royal Dutch Shell, and one of his senior executives envision low oil prices for some time unless energy producers cut…

Jul 16, 2015 at 16:08 | Andy Tully

For years Ukraine has had to walk a tightrope in its relations with Russia to ensure a steady supply of gas to keep it warm during…

Jul 16, 2015 at 16:01 | Matt Smith

It appears to be a conundrum worthy of the attention of Fred, Daphne, and Velma (complete with Shaggy and Scooby to solve it), as contrasting signals…

Jul 15, 2015 at 16:26 | Andy Tully

Thanks to increased production of North American gas and new regulations limiting the use of coal, electric power generation in the United States now relies more…

Jul 15, 2015 at 16:21 | Andy Tully

British Columbia's Legislature is debating whether to accede to the provincial government and allow a C$36 billion deal to build a liquid natural gas (LNG) terminal on Canada’s Pacific coast…

Jul 14, 2015 at 16:48 | Andy Tully

Wind power is often criticized for its intermittency: since the wind does not always blow, how can it power a modern industrial economy? One country has…

Jul 14, 2015 at 16:42 | Ron Patterson

The July OPEC Monthly Oil Market Report is out with all OPEC Crude Only production data for June 2015.

Jul 13, 2015 at 15:57 | Andy Tully

Whatever negotiators come up with in the talks with Iran over its nuclear program, a consensus seems developing that any lifting of sanctions would mean a…

Jul 13, 2015 at 15:48 | Andy Tully

A judge in New Jersey is considering whether to allow environmentalists and a state legislator to take part in deciding how much Exxon Mobil Corp. should…

Jul 13, 2015 at 15:35 | Soberlook.com

The Governor of the Bank of Canada (BOC), Stephen Poloz, was not kidding when he warned that the first quarter of 2015 would be “atrocious.” After…

Jul 10, 2015 at 16:17 | Andy Tully

Gazprom’s decision to back out of $2.6 billion contract with the Italian oilfield services company Saipem to build a section of the proposed Turkish Stream pipeline…

Jul 10, 2015 at 16:11 | Andy Tully

The decision by Rosneft, Russia’s largest oil producer, to buy 49 percent of India’s Essar Oil demonstrates Moscow’s determination to fight Saudi Arabia for market share…