Wall Street analysts have slashed expectations for US earnings in the first quarter as companies grapple with plummeting oil prices and slow economic growth. The growing pessimism comes amid a Continue Reading
Coal fell to just 27.6% of US utility-scale power generation in December, and the spread between it and natural gas-fired generation widened to 616 basis points, the largest yet seen, Continue Reading
The collapse of U.S. oil and gas investment could have… In a basement lab of a North Dakota research center, Beth Kurz and an assistant are peering through a scanning Continue Reading
The U.S. shale oil business is drawing closer to a precipice, and energy executives worry it could be years before the industry can revive the major investment and engine for Continue Reading
Oil rose to $37 a barrel on Friday for the first time in eight weeks as supply disruptions affecting northern Iraq and Nigeria helped prices stabilise above recent lows. A Continue Reading
Oil prices fell on Friday as investors cashed out big weekly profits after a rally driven by disruptions to crude supplies and Wall Street’s gains from U.S. economic data. Prices Continue Reading
Oil prices fell Friday as traders weighed the near-term oversupply of crude against expectations of lower production around the world. Light, sweet crude for April delivery settled down 29 cents, Continue Reading
Germany’s BASF, owner of oil and gas producer Wintershall, said Friday it expects gas prices to remain depressed throughout 2016 as it struggles to compensate for the loss of sales Continue Reading
Every week, the EIA proclaims a new record for natural gas production. But their own forecasts show that the U.S. will be short on supply by October of this year. Continue Reading
Britain’s Labour Party adopted the song “Things can only get better” as its campaign anthem for the 1997 general election, expressing the party’s ambitions for governing after 18 years in Continue Reading
