A political breakthrough in Libya could potentially contribute to the return of some of the country’s disrupted oil production. Libya has been torn apart by civil war, political gridlock, and Continue Reading
The investment in the expansion of the field known as Tengiz—one of the world’s largest—comes on top of around $37 billion already spent by Chevron, the operator, and its partners: Continue Reading
Shale producers are tapping their crown jewel assets in response to the latest oil price rally, according to Morgan Stanley. The recovery in crude to close to $50 per barrel Continue Reading
Hot weather will lead to boost in demand from power plants Drillers are refilling storage at half the 2015 pace A blistering start to summer is helping put U.S. natural Continue Reading
The fallout from the commodities price rout may prove to be more lasting than that of the 2008 global financial crisis. Economies dependent on oil and minerals have borne the Continue Reading
Oil Sands Factory Oil sands extraction evokes dark scenes of toxic trailing ponds and apocalyptic wastelands—but that’s Alberta. Welcome to Utah, where extraction leaves no trace as MCW Energy positions Continue Reading
A Canadian Energy Research Institute survey has found that the country’s natural gas exports will continue to slide over the coming years, with their market share eaten up increasingly by Continue Reading
In recent weeks, the number of earthquakes felt in Oklahoma has decreased compared with this time last year, which might reflect measures state officials took earlier this year to severely Continue Reading
Stronger ruble hampers economic rebound as recession persists Government says growth will resume next year as oil stabilizes Russia is finding the flip side of a flexible currency less and Continue Reading
Cabinet may drain one wealth fund, tap another, officials say Finance Ministry proposal calls for greater domestic borrowing Russia won’t spare one of its two sovereign wealth funds and plans Continue Reading
