Decoupling the U.S. economy from the renewable energy sector might not work as designed, a column in China’s official Xinhua News Agency read. U.S. President Donald Trump put the fossil Continue Reading
The Texas oil and gas industry stabilized during the latter half of last year, though there are secondary pressures remaining, an economist said. Energy executives responding to a survey from Continue Reading
Canada’s PM Justin Trudeau sparked outrage earlier this month by saying the Alberta oil sands need to be “phased out”. Because the oil sands industry is the third-biggest employer in Continue Reading
BP plc made another step towards its goal of adding 800,000 barrels of new production by 2020 with the start of production in December from the Thunder Horse South Expansion Continue Reading
Halliburton Co, the world’s No. 2 oilfield services provider, said its revenue growth this year would meet or outpace the increase in the number of drilling rigs in North America. Continue Reading
Natural gas prices averaged a little more than $2.50 per mmBtu (million British Thermal Units) in 2016. Those days are over. Prices will average at least $3.50 to $4.00 in Continue Reading
Despite oil prices nestled in the $50s for the last few weeks, it’s not enough to stop the cratering of the oilfield services sector this year, some analysts forecast. Editor’s Continue Reading
Russia overtook Saudi Arabia in 2016 to became China’s biggest crude oil supplier for the first year ever, customs data showed on Monday, boosted by robust demand from independent Chinese Continue Reading
Gazprom PJSC, the world’s biggest natural gas producer, is considering asset sales, freezing dividends and increasing its borrowing as export earnings wane, according to its three-year budget. The state-controlled company Continue Reading
Untethering the ruble helped Russia ride out the biggest oil downturn in a generation. But it’s left the world’s biggest energy exporter vulnerable to greater volatility in crude prices as Continue Reading
