Oil Near ‘Sweet Spot’ Puts U.S. Rig Count Back in Focus: Chart
The more the pound is rattled by public opinion, the more attention it gets from the rest of the world. Brexit Watch: The pound, the polls, and the probability of Continue Reading
Hercules Offshore to sell assets in bankruptcy
U.S. rig company Hercules Offshore said Monday it was returning to Chapter 11 bankruptcy and now planning to sell off all of its assets. Crude oil prices are up more Continue Reading
North Dakota lost four rigs from last week
North Dakota energy trajectory shifted direction, losing rigs after showing a dramatic increase during the last week in May, state data for Monday show. North Dakota reports 25 rigs in Continue Reading
Four tremors recorded near Oklahoma shale
Four minor earthquakes were reported in and around the shale reserve basins in Oklahoma in the last 24 hours, the U.S. Geological Survey found. The USGS recorded three minor tremors, Continue Reading
Yellen Says Latest Jobs Report Raises Questions About Economic Outlook
Janet Yellen speaks at a World Affairs Council of Philadelphia event on Monday. Federal Reserve Chairwoman Janet Yellen affirmed Monday that the central bank won’t be raising short-term interest rates Continue Reading
U.S. Crude Exports Hit 96 Year High
Mid Continent Well U.S. crude oil exports rose to 591,000 barrels per day in April, up 83,000 barrels from March, according to new data from the U.S. Census Bureau on Continue Reading
U.S. Supreme Court Backs Chevron in Treaty Dispute with Ecuador
Chevron offices The United States Supreme Court declined to hear an appeal lodged by the government of Ecuador that contested a $96 million arbitration settlement awarded to the American oil Continue Reading
Regulators Fear $1 Billion Coal Cleanup Bill
Photo An idled West Virginia coal facility. Officials fear bankrupt coal companies are not setting aside enough to clean up Appalachia’s polluted rivers and mountains. Regulators are wrangling with bankrupt Continue Reading
Russia: Carmaker Asks Workers To Retire Early
Russian carmaker AvtoVAZ is asking employees to voluntarily retire in exchange for a generous retirement package, Vedomosti reported June 6. The company, which is one of Russia’s biggest employers outside Continue Reading
No, Norway isn’t banning diesel and petrol cars – yet
When Dagens Næringsliv (DN) reported on Friday that the government coalition and its two support parties had reached a deal to stop the sale of petrol and diesel vehicles in Continue Reading