Tumbling crude and natural gas prices have weakened the energy industry’s influence in Washington as cutbacks in the oilfield have spread to the nation’s capital. Casualties include the army of Continue Reading
At this point, Bakken barely remembers what a drill bit looks like, and the shale boom that once dug at its landscape is now a fleeting memory. Almost no new Continue Reading
Luck was in abundance on Friday in Mosier, Oregon where the latest Bakken oil train derailed and erupted into flames near a 50-home residential area and a school. As Mosier Continue Reading
No matter how much Canadian oil sands producers cut costs, John Stephenson argues it can never be enough. While the CEO of Stephenson & Co. noted some players in the Continue Reading
Russian President Vladimir Putin said on June 7 that Moscow has not definitely canceled the South Stream or TurkStream natural gas export pipeline projects, Reuters reported. Russian officials froze discussions Continue Reading
Royal Dutch Shell PLC increased the cost savings target from its roughly $50 billion acquisition of BG Group PLC as it set out its priorities for the new combined company Continue Reading
Royal Dutch Shell announced this morning that it could be vacating up to 10 countries this year, as it moves to divest up to 10 percent of its oil and Continue Reading
North Sea spot differentials for Brent blend, Forties and Ekofisk — together with Brent CFDs — are expected to continue their recent slide as French strikes that have brought several Continue Reading
One day after signing a European commitment on offshore wind, the Irish government said it can only realize its true potential through regional collaboration. “Ireland has the best offshore energy Continue Reading
The concept of the “ Seneca Cliff ” seems to have gone mainstream. Below, it is mentioned in a recent post by Dennis Coyne on “peakoilbarrell” as an obvious concept. Continue Reading
