Experts don’t know how exactly much money utilities have lost nationwide on natural-gas hedges. Natural-gas prices have plunged 74% in the past 10 years, but some U.S. utilities haven’t reaped Continue Reading
One by one, the descendants of John D Rockefeller, the Gilded Age oil baron, are repudiating the fossil fuels that made the family rich. On the heels of the Rockefeller Continue Reading
The US oil rig count dropped by double-digits for a second consecutive week, Baker Hughes said on Friday, as analysts scrambled to revise projections of how low the figure could Continue Reading
Welcome to the Real News Network. I’m Jessica Desvarieux in Baltimore. Folks are lining up to reserve electric car automaker Tesla’s Model 3. It’s considered to be one of the Continue Reading
Oil prices are tumbling after comments from a Saudi royal family member cast more doubt on a deal for major global exporters to cap output. Saudi Arabia’s deputy crown prince, Continue Reading
Oil prices took one of their biggest hits of the year Friday as pressure from Riyadh’s response to a production freeze was doubled by weak U.S. labor figures. Mohammed bin Continue Reading
The global oil price rout has left many oil producers reeling across the world. From Canada to Norway, Saudi Arabia to Russia, none of the world’s largest oil exporters have Continue Reading
Iraq Oil Report is now offering a new subscription service: the Iraq Oil and Financial Dataset . Click here for a free sample of the spreadsheets and data-driven analysis that Continue Reading
A top Saudi prince has announced new elements of a plan to reduce the kingdom’s heavy dependence on oil, amid a drop in world prices that has sent shock waves Continue Reading
Saudi Arabia is getting ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most prized assets. Over a five-hour conversation, Continue Reading
