China’s LNG imports rose 3.47% year on year in November to 1.8 million mt, the highest level since July, General Administration of Customs data for the month showed. The November Continue Reading
Douglas-Westwood, an energy business strategy, research and commercial due diligence services company, provided Monday an outlook for the offshore oil and gas industry in 2016 following a year-long downturn. This Continue Reading
The number of rigs actively exploring for or producing oil or natural gas in North Dakota is at a historic low, state data for Monday show. Data from the North Continue Reading
There’s a dark side to those delightfully low gas prices: Housing markets are slumping in communities that were recently flush from the U.S. shale oil fracking boom. Home sales are Continue Reading
Oil prices will remain under pressure in the near term as Iran seeks to boost crude shipments, said Meg McClellan, global head of consultant and client strategies at JPMorgan Asset Continue Reading
Chesapeake Energy Corp. is having its worst year since 1998 after halting dividend payouts, slashing drilling budgets and cutting one of every six employees failed to rescue the energy explorer Continue Reading
A snowstorm dumped around two feet (60 cm) of snow in parts of the Permian Basin in West Texas and New Mexico over the weekend, crimping some crude output and Continue Reading
Russia’s economy shrank for the first time in five months as declines in oil prices rippled through consumption and industrial output, highlighting the risks to a recovery from the country’s Continue Reading
The euro was trading at 79.55, which is its highest level against the ruble since August 26. During Monday trading at the Intercontinental Exchange (ICE), Brent crude prices fell to Continue Reading
Bicyclists had free rein of Milan’s streets Monday during a six-hour ban on private cars in a bid to alleviate persistent smog. Pollution levels in Italy’s business capital have exceeded Continue Reading
