News

Mar 25, 2015 at 18:14 | ZeroHedge

In the same week as Japan unveils its Pacific-Rim-esque anti-tsunami wall public works project, and Japanese government auditors say the operator of the Fukushima Dai-ichi…

Mar 24, 2015 at 17:48 | Andy Tully

This week started badly for oil prices, and the chief culprit seems to be Saudi Arabia and its drive to produce more and more oil. Brent…

Mar 24, 2015 at 17:42 | ZeroHedge

Having been exuberantly chased briefly after announcing it was looking for a buyer - fueling further excitement about a low-oil-price-driven Shale firm M&A boom - Whiting…

Mar 23, 2015 at 18:13 | ZeroHedge

Less than two weeks ago we warned that based on the current oil production trend, the US may run out of storage for crude as soon…

Mar 23, 2015 at 17:37 | Ron Patterson

The Texas Rail Road Commission has released its latest stats with production numbers through January. There is always a delay in these numbers and that…

Mar 22, 2015 at 18:47 | Andy Tully

The Center for Policy Studies (CPS), a free-market British think tank, says the UK’s effort to comply with European Union rules for lowering carbon emissions is…

Mar 22, 2015 at 18:42 | Andy Tully

Russian Finance Minister Anton Siluanov says his country is beginning to shake off the damage that Western sanctions and plummeting oil prices have done to its…

Mar 19, 2015 at 16:51 | Andy Tully

Saudi crude exports rallied in January to their highest levels in nine months, ending a disappointing slump in demand throughout much of 2014. Oil exports from…

Mar 19, 2015 at 16:44 | Andy Tully

Europe may have found a way to dramatically reduce its reliance on Russian gas by getting the fuel from Azerbaijan through a pipeline in Turkey. On…

Mar 18, 2015 at 16:26 | Andy Tully

Algerian President Abdelaziz Bouteflika’s government has begun a series of talks with oil producing countries, whether they’re members of OPEC or not, to find ways to…

Mar 18, 2015 at 16:21 | Andy Tully

Kuwait and the International Monetary Fund (IMF) are discussing how the oil-rich country might begin imposing taxes on local companies in an effort to diversify sources…

Mar 17, 2015 at 17:17 | Andy Tully

OPEC says the rate of growth in US crude output may be reduced by half this year primarily because of a decline in drilling by cash-strapped…

Mar 17, 2015 at 17:11 | James Hamilton

The EIA released a new drilling productivity report last week, allowing us to update our graph of the drilling rig count in the four major…

Mar 17, 2015 at 17:02 | Andy Tully

SolarCity, which specializes in rooftop solar energy panels, has long accused utility industries of monopolistic practices that discourage the change necessary to expand power options. Until…

Mar 16, 2015 at 14:11 | Andy Tully

US international security officials said Washington’s embassy in Riyadh has suspended all consular services in three major Saudi cities because of concerns that an unnamed “terrorist organization” may be intent…

Mar 16, 2015 at 14:08 | Charles Kennedy

The relationship between the U.S. and Venezuela – which has been an icy one for years – took a hit after the Obama administration passed sanctions on individuals high up…

Mar 13, 2015 at 17:30 | Andy Tully

Royal Dutch Shell and the United Steelworkers (USW) have reached a tentative agreement on a new contract covering pay, worker safety and other matters to end…

Mar 13, 2015 at 17:25 | Andy Tully

Florida Power & Light Co. (FPL), the state’s largest utility, is asking the Florida Public Service Commission to let it buy a coal-fired power plant just…

Mar 12, 2015 at 17:44 | Andy Tully

When it comes to surviving the plunge in oil prices, timing is everything. While many oil companies large and small are reducing, postponing or outright abandoning costly future projects to…

Mar 12, 2015 at 17:35 | Andy Tully

The European Commission (EC) plans to tighten its relations with several nations, including Turkey, as a part of the Continent’s effort to lessen its dependence on…