Republican border adjustment tax: how it could work
The Trump administration is promising sweeping reforms to the corporate tax system, in a move that could have big consequences far outside the US. A main point of reference is Continue Reading
Shell To Sell Another $5B In Assets, Misses Profit Expectations
Royal Dutch Shell ( NYSE:RDS.A ) is making “significant progress” on selling another US$5 billion worth of assets, chief financial officer Simon Henry said on Thursday after the oil supermajor Continue Reading
A Primed Pump: Can the Mighty Permian Basin Live Up To The Hype?
Supermajors and independents alike scramble for acreage in the prolific Permian Basin as rigs counts increase and crude oil prices stabilize. During the oil and gas industry’s last two dismal Continue Reading
Tillerson Vow to Keep Away From Exxon Runs Into World of Oil
ExxonMobil’s global reach will pose a wealth of conflict-of-interest questions for former CEO Rex Tillerson now that he’s the US secretary of state. (Bloomberg) — Exxon Mobil Corp. boasts that Continue Reading
How Trump Could Kill His Pipeline
Donald Trump is convinced the Keystone XL oil pipeline he revived with an executive order on Jan. 24 will gush money. “I want it built, but I want a piece Continue Reading
Why The Electric Car Boom Could Cause Another Oil Price Crash
A 2014-style oil price meltdown could occur again. Only this time, instead of a sudden surge of supply, the culprit will be the fast adoption of electric vehicles, which will Continue Reading
The 150,000 Oil Jobs That May Never Come Back
The political discourse last year has largely been dominated by the absence of jobs and wage growth in the blue collar space. For many blue collar workers, the energy sector Continue Reading
Russia could move quicker on oil production declines
Russia could move quicker than expected on trimming oil production under the terms of an OPEC-led agreement, the country’s energy minister said Thursday. Russia joined other oil producers in an Continue Reading
An unconventional approach to fusion
There’s no easy road to fusion. Whether one travels the large route forged by six decades of research on hundreds of machines, or whether one tries to open a way Continue Reading
U.S. oil prices fall after sharp rise in stockpiles
Oil prices fell on Thursday after official data showed U.S. crude and gasoline stockpiles rose sharply, although signs that OPEC and other producers are holding the line on output cuts Continue Reading