Nick Cunningham is an independent journalist, covering oil and gas, energy and environmental policy, and international politics. He is based in Portland, Oregon.
Shale drillers are bringing some shuttered oil production back online as the glut eases. The total amount of shut-in production in the Bakken stood at…
OPEC+ is set to bring forward its meeting to Thursday, with a short extension of the current production cuts as the most likely outcome. Originally…
At the start of the global pandemic in March, refineries around the world had to cut back on processing amid collapsing demand. However, there is…
Global investment in energy will fall by $400 billion in 2020, the largest single-year decline in history. U.S. shale will be hit particularly hard, with…
Oil prices are back at levels last seen in mid-March, and while fundamentals for crude have improved somewhat, markets have become too optimistic Market euphoria…
U.S. natural gas exports are starting to run into trouble, with dozens of shipments canceled because of weak demand. Roughly 45 LNG cargoes scheduled for…
The rebound of WTI from below zero back into the $30s led to a wave of bullish trading, with energy stocks rallying in response. One…
Oil prices have climbed nearly uninterrupted since late April, but the gains could be coming to an end. On Friday, oil prices fell sharply, hitting…
The European Union is set to launch a down payment on a Green New Deal. As the world slips into a deep economic recession –…
The coronavirus is spreading like wildfire in Brazil, and the country’s oil industry could get dragged down with it. “Brazil has the worst COVID growth…
U.S. shale production is set to fall to a two-year low in the coming weeks, with the Permian basin leading the way down. In the…
Oil prices have surged to two-month highs on growing signs of a rebound in oil demand, as the easing of lockdowns spread worldwide. At its…
The Texas economy has suffered a double blow from COVID-19 crisis and the collapse of the oil industry. U.S. shale drillers had already planned on…
Oil prices have stabilized due to a rebound in demand and the “spectacular” drop in supply, according to a new report from the International Energy…
The Trump administration claims that the U.S. is “transitioning to greatness,” and that energy companies are going to see “massive gains.” U.S. Secretary of Energy…
Oil prices continue to rise on the prospect of a rebound in fuel demand as economies begin to reopen. But there is a large difference…
There is a growing acceptance that the prospect of a V-shaped recovery is unrealistic. “A couple months ago I was optimistic, I was hopeful, that…
A bipartisan group of two dozen U.S. Senators sent a letter to President Trump, urging him to reject the demands of the oil refining industry,…
Oil prices have rallied as traders believe the depths of demand destruction may be coming to an end with economies beginning to reopen. But some…
The glut of natural gas could lead to more cancelled LNG exports in the next few months. “It is clear that yes we face today…