Petroleos Mexicanos’ woes are hitting home for suppliers that less than two years back were preparing for an oil boom. Cotemar, one of Mexico’s largest oil service providers, will lay Continue Reading
US gas drillers, battered by the lowest prices in 17 years, find another release valve for their output: Canada. (Bloomberg) — U.S. gas drillers battered by the lowest prices in Continue Reading
The eventual peak in World fossil fuel output is a potentially serious problem for human civilization. Many people have studied this problem, including Jean Laherrere , Steve Mohr , Paul Continue Reading
North Dakota on Friday said crude-oil production fell 2.65% in January to the lowest level in 18 months, reflecting a sharp drop in prices, as the number of drilling rigs Continue Reading
A Venezuelan court sentenced the publisher of a prominent provincial newspaper to four years in prison for defamation in the coverage of corruption at a state mining company, sparking concern Continue Reading
A federal judge has ruled BP does not have to pay for economic losses other businesses suffered when the federal government shut down deep-water drilling in the wake of BP’s Continue Reading
The suggestion was startling: Maybe VW should give up on selling cars to America’s masses. It was late January, at the Detroit auto show, and Herbert Diess, the global chief Continue Reading
With all good technologies, there comes a time when buying the alternative no longer makes sense. Think smartphones in the past decade, color TVs in the 1970s, or even gasoline Continue Reading
The number of rigs drilling for oil and natural gas in the United States has fallen to the lowest level since at least 1940, oil services company Baker Hughes Inc Continue Reading
Developing cheap energy storage is a critical step in moving to renewables and away from fossil fuels as the primary source of electricity: it’s the only way such intermittent sources Continue Reading
