The Trump administration is seeking to slash the budget of one of the government’s premier climate science agencies by 17 percent, delivering steep cuts to research funding and satellite programs, Continue Reading
The Keystone XL oil pipeline does not need to be made from U.S. steel, despite an executive order by President Donald Trump days after he took office requiring domestic steel Continue Reading
Norway’s government pushed forward on expanding oil and gas exploration on the continental shelf Friday with new permits for the North and Norwegian Seas. The Petroleum Safety Authority said Friday Continue Reading
After a budget shortfall in February, Russia’s finance minister said the country expected to receive more than $1 billion in oil and natural gas revenue this month. The Russian government Continue Reading
Despite capital investments coming in at an all-time high, a British survey of oil and gas activity found few projects were delivered on time and under budget. The official British Continue Reading
Oil markets rose on Friday as the dollar edged away from a multi-week high, but prices are being held in check by unchanged Russian output for February, a sign of Continue Reading
Oil prices fell for the third straight session on Thursday, with bearish sentiment fueled by the latest increase in U.S. crude stockpiles and production in addition to the strength of Continue Reading
When is 60 percent compliance a good thing? When it’s not 40 percent… That is the latest status on the non-OPEC nations who agreed to November’s production cut, as discussed Continue Reading
At the outset of the 2014 oil collapse, slacking oil demand growth was often cited as a major contributor to the sharp decline in oil prices. In September 2014, the Continue Reading
Suppose the rapture happened. Not the kind followed by the Second Coming of Jesus as promised by Paul, but a rapture of oil. Imagine that one night, just after the Continue Reading
