On Tuesday in Davos, all eyes were on Xi Jinping, the first Chinese president to attend the World Economic Forum’s annual meeting. His appearance came at an important moment for Continue Reading
China’s plans to create a new crude futures contract to compete with global pricing benchmarks have been shelved due to market resistance, five sources with knowledge of the matter said, Continue Reading
The U.S. gas market has tightened significantly over the last nine months as low prices have spurred strong consumption and exports while slashing drilling of new wells. The market has Continue Reading
U.S. energy companies this week added the most oil rigs in nearly four years, extending an eight-month recovery as drillers take advantage of a deal by OPEC to cut supplies Continue Reading
Last fall, the general consensus among weather forecasters was that most of the Central and Eastern United States would likely endure a colder, snowier winter than it is used to. Continue Reading
Schlumberger Ltd. is waiting for the rest of the world’s oil producers to catch up to the North American crude recovery. The world’s largest oilfield service provider sees international spending Continue Reading
U.S. oil producers, optimistic that higher crude prices are here to stay, have issued 2017 budgets that call for dramatically greater spending to tap new wells. Preliminary capital-spending plans released Continue Reading
Schlumberger Ltd. posted a loss in its latest quarter on lower revenue, but the company said energy prices and production were both poised to increase. Schlumberger and other companies in Continue Reading
U.S. President Donald Trump’s pledge to make America independent from OPEC isn’t a new refrain in Washington. His “America First Energy Plan” posted on the White House website Friday doesn’t Continue Reading
Trump campaigned on rolling back oil, gas regulations Pipelines, LNG terminals could get quicker permitting reviews Critics of biofuel mandate buoyed by Cabinet picks President Donald Trump’s inauguration Friday may Continue Reading
