ConocoPhillips will supply the first cargo of U.S. shale oil to be exported since a 40-year ban on such shipments was lifted earlier this month. ConocoPhillips said the cargo will Continue Reading
Energy companies and oil trading firms that teamed up to build several mini-refineries that convert a swelling surplus of ultra-light U.S. crude into fuels for export seemed like a pretty Continue Reading
The plunge in oil prices may jeopardize almost $125 million of securitized loans backed by real estate in North Dakota, as drillers in the state scale back operations, Morningstar Credit Continue Reading
Global warming or hot air? Democratic politicians say climate change is a grave threat to the US. Their Republican counterparts accuse them of alarmism over a non-issue. A close study Continue Reading
Shell and its partners this week began piping gas from the offshore Corrib field to an inland terminal after gaining final consent on Tuesday from Ireland’s Department of Communications, Energy Continue Reading
The rouble fell to its lowest level in more than a year on Wednesday as Russians faced the prospect of a second successive year of recession in 2016 amid continued Continue Reading
Six years after its first export shipment, Russian crude ESPO Blend is as far from becoming a regional benchmark as it was then. It remains an also-ran in Asia-Pacific despite Continue Reading
The ruble weakened on its last trading day of 2015, extending its third annual slide as the plunging price of oil dimmed the outlook for a recovery in the Russian Continue Reading
Russia may cut its oil-price estimate for the 2016 budget next year, possibly following other crude-exporting nations as the commodity, which makes up about 40 percent of the country’s budget Continue Reading
This storm in the far North Atlantic is the same storm that caused two tornado outbreaks and widespread flooding in the United States. Now, it’s pushing temperatures at the North Continue Reading
