Nick Cunningham is an independent journalist, covering oil and gas, energy and environmental policy, and international politics. He is based in Portland, Oregon.
U.S. oil production has peaked…at least for now. That is the conclusion from a new government report that concludes that U.S. oil production is on…
The latest fall in oil prices is once again putting pressure on indebted shale companies. After falling from over $100 per barrel down to $43…
Brazil’s Petrobras is staggering under the weight of its debt, the corruption scandal is not yet over, and it was recently forced to slash spending…
U.S. shale has offered the oil industry a business model that is different from conventional drilling of the past. High initial decline rates, especially compared…
With Greece’s debt situation spiraling downwards, the European project is showing some cracks. The July 5 referendum could amount to a vote on whether or…
Oil hit its lowest point in two months on July 1, falling on a combination of market turmoil and bearish oil figures. WTI dipped below…
Oil markets face a lot of downside risk – high crude oil inventories in both the U.S. and Europe, resilient production from U.S. shale, increasing…
The deadline for the negotiations over Iran’s nuclear program is finally here, raising the possibility that the OPEC member could finally see sanctions removed from…
Low oil prices and a massive scandal in Brazil threaten the country’s ability to fulfill its expected role as a source of future oil growth.…
The recent spike in earthquakes in Oklahoma could present a “game changer” for regulators. That is how regulators themselves described the spate of earthquakes that…
Oil prices have leveled off in recent weeks, but with the negotiations over Iran’s nuclear program bumping up against a deadline, that could change. After…
After years of anticipation, the renewable energy revolution is finally here. Solar energy is poised to become the dominant player in electricity markets worldwide moving…
In its ongoing effort to squeeze out carbon pollution from the U.S. economy, the Obama administration’s latest target is the trucking industry. On June 19,…
Just last week I wrote on the possibility of a renewed downturn in oil prices, owing to the fact that huge volumes of supplies could…
Russia’s state-owned oil company may provide its Venezuelan counterpart a much needed loan of $5 billion. Venezuela’s oil company, PDVSA, is in desperate need of…
Low oil prices have been less of a drag on the big integrated oil companies than it has for smaller producers. Diversified portfolios have allowed…
The oil markets could be about to enter another round of soft prices.The OPEC decision on June 5 to leave its collective target unchanged was…
Renewable energy could surpass coal, nuclear power, and natural gas as the world’s largest source of electricity within only 15 years, according to a new…
The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows.Oil production…
Canada’s oil industry has had a rough couple of months with production and exports taking a hit.Low oil prices are cutting into the profits of…