Niger Delta Avengers consider de-escalating conflict
A group calling itself the Niger Delta Avengers said it’s ready to consider some form of negotiation with the government in Abuja. The Niger Delta Avengers are blamed in part Continue Reading
Economy of energy-hungry India may face headwinds
The economy of energy-hungry India is on pace for steady growth that outpaces the global economy, though gains are moderating, Moody’s Investors Service said. “Moody’s Investors Service says that India’s Continue Reading
Venezuela’s decline prompts exodus
Even without money and a stable job since his arrival in Colombia in early July, Eduardo — not his real name — has regained most of the weight he had Continue Reading
China’s surging fuel exports less worrisome than costly crude for refiners – Russell
A surge in China’s diesel exports last month to record levels is probably the last thing refiners in the rest of Asia wanted to hear, but they should probably worry Continue Reading
Dark Clouds Loom for Oil as China Chases Blue Skies for G-20
Factories asked to cut activity before G-20 meet in Hangzhou Activity curbs and last month’s flooding seen reducing demand China is throwing the world’s leaders a party, and oil bulls Continue Reading
A New Measure for China’s Economy: The ‘Repression Index’
As the Chinese economy slows, the regime is ramping up an assault on dissidents and others it brands as troublemakers. Call it the repression index. One of the best indicators Continue Reading
North Dakota rig count lower for third straight week
For the third week in a row, state data show the number of rigs actively exploring for or producing oil and natural gas in North Dakota declined. A metric that Continue Reading
Three tremors in 24 hours near Oklahoma shale country
Three minor seismic events were recorded near the shale reserve areas in Oklahoma in the past 24 hours, data for the U.S. Geological Survey show. USGS data show the strongest Continue Reading
America’s First Offshore Wind Farm May Power Up a New Industry
The towering machines stand a few miles from shore, in a precise line across the seafloor, as rigid in the ocean breeze as sailors reporting for duty. The blades are Continue Reading
U.S. Gasoline Consumption On Target For A Record Year
In last month’s Short Term Energy Outlook (STEO), the Energy Information Administration (EIA) projected that it now expects record U.S. gasoline consumption this year: Motor gasoline consumption is forecast to Continue Reading