Last week, an independent review committee delivered a report that was supposed to show that ITER, the troubled international fusion experiment under construction in Cadarache, France, finally has a reliable Continue Reading
Oil prices fell on Friday as investors cashed in on a 20-percent rise over the past month, outweighing the impact of crude production cuts in Canada where a huge wildfire Continue Reading
Oil prices jumped on Thursday as surprise outages came from Canada and Libya, reversing several days of losses. WTI and Brent surged by more than 4 percent in early trading Continue Reading
Oil headed for its first weekly decline in more than a month as rising U.S. stockpiles and OPEC production cushioned the impact of declines in North American output. Futures slid Continue Reading
If the oil market needed a theme song for now, it might turn to the one where Taylor Swift nervously sings: “Are we out of the woods yet?” A slump Continue Reading
An increase in Russian oil production and price expectations balanced against shortages in Canada sparked by wildfires, pushing oil higher early Wednesday. Oil exports from Russia in April increased to Continue Reading
The United States has an important role to play in adding diversity to a European energy sector that depends heavily on Russia, a joint regional committee said. European Energy Commissioner Continue Reading
As OPEC officials gathered this week to formulate a long-term strategy, few in the room expected the discussions would end without a clash. But even the most jaded delegates got Continue Reading
Wildfires in Canada. Pipeline sabotage in Colombia. Instability in Venezuela. U.S. frackers at a standstill. Drops in oil output are happening so fast that it looks as if the Americas Continue Reading
Ten oil companies including Royal Dutch Shell ( RDSa.L ), Chevron ( CVX.N ) and BP ( BP.L ) are working together to develop standard production equipment, a rare cooperation Continue Reading
