The Trump administration’s expected move to roll back President Obama’s signature climate-change policy may extend the life of some aging coal-fired power plants, but companies and energy experts say it Continue Reading
Offshore drilling contractor Ocean Rig UDW Inc. filed for bankruptcy protection in the U.S. to block distressed debt investors from interfering with a debt restructuring that will slash $3.7 billion Continue Reading
President Trump, flanked by company executives and miners, signed a long-promised executive order on Tuesday to nullify President Barack Obama’s climate change efforts and revive the coal industry, effectively ceding Continue Reading
During his first two months in office, President Donald J. Trump has rolled back key Obama-era greenhouse gas regulations. Without these rules in place, the United States is set to Continue Reading
Danish plans to build one of the larger wind farms in European territorial waters are in line with competition and environmental goals there, a governing body said. Denmark in February Continue Reading
Russia can wait for a sustained recovery in oil prices before drilling again in Arctic waters, relying for now on less costly regions even as rival producer Norway accelerates development Continue Reading
Notwithstanding that oil demand has increased for over 150 years, it will eventually stop increasing. If oil demand were to reach an actual peak, then the top might be easier Continue Reading
The prospect of a further increase in record U.S. crude stockpiles that have undercut OPEC’s output curbs kept oil investors anxious, with prices stuck near $48 a barrel. Futures in Continue Reading
Oil prices rose on Tuesday, supported by a weaker dollar, but crude continued to be weighed down by surging U.S. production and uncertainty over whether an OPEC-led supply cut is Continue Reading
Crude oil prices lost traction early Monday after parties to an OPEC-led production deal delayed action on a possible extension until next month. Crude oil prices got support Friday as Continue Reading
