Nick Cunningham is an independent journalist, covering oil and gas, energy and environmental policy, and international politics. He is based in Portland, Oregon.
The IEA struck a more bullish note in its latest monthly report, pointing to “signs that prices might have bottomed out.” The Paris-based energy agency…
Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina…
The state-owned oil company in Peru is responsible for multiple oil spills over the past few weeks, sparking anger from indigenous tribes in the area.…
A bombed pipeline could cut into oil exports from Nigeria for the next few months. The Trans Forcados pipeline was struck by a bomb in…
The largest oil companies are struggling to balance competing objectives with dramatically lower revenues compared to previous years. Nearly all have taken the axe to…
Crude oil prices have rallied by more than 30 percent since early February and investors are growing more confident that a rebound is in order.…
Natural gas prices in the United States dropped their lowest levels since 1998 on March 1, with Henry Hub spot prices falling to $1.57 per…
Kurdistan offers some of the cheapest oil in the entire world, with production costs as low as $1 per barrel. Extracting oil is almost like…
Canada has been particularly hit hard during the downturn in oil prices. A major oil-producing country, Canada rode the commodity wave upwards over the past…
“Pemex is facing short-term financial difficulties,” Pemex’s new CEO José González Anaya told investors in a conference call on Monday. The Mexican state-owned oil company…
Brazilian state-owned oil company Petrobras, the most indebted oil company in the world, could soon lose its status as the top operator in some of…
Electric cars could upend oil markets much sooner than everyone thinks. According to a new report from Bloomberg New Energy Finance (BNEF), the rapid decline…
Investment in U.S. shale continues to dwindle, with several large companies raising eyebrows with plans to slow drilling plans much further than expected. Continental Resources,…
Oil production from the North Sea could plummet over the next decade, an outcome that will largely result from the inability of oil companies to…
The oil and gas industry is suffering through its worst cycle in a generation, with most companies losing money at today’s prices. Debt is piling…
Oilprice.com wanted to check in with Dr. John C. Edmunds, a Professor of Finance at Babson College, to get his thoughts on the OPEC deal,…
In a televised-address on February 17, Venezuelan President Nicolas Maduro delivered some crushing news to his country. To address the fiscal crisis facing the country,…
Demand for thermal coal is declining, a trend that appears to be “irreversible.” That is the conclusion from Goldman Sachs, which published a new report…
Several top OPEC producers made headlines with Russia on Tuesday, revealing that a secret meeting between their respective energy ministers led to a deal to…
Now that solar power is reaching prime time, the fossil fuel industry is doing all that it can to stop its growth. For many years…