OPEC isn’t the only decades-old energy hegemony being turned on its head by U.S. shale. Liquefied natural gas sellers from Qatar to Malaysia that dominated gas sales to Asia for Continue Reading
Oil production in the Permian Basin is rising so quickly that drillers may find themselves without enough pipeline capacity to move their product. Shale drillers large and small are rushing Continue Reading
It may be more than a year before US Gulf of Mexico oil exploration begins to ramp up in any noticeable way, but several new deepwater fields are adding to Continue Reading
Automobiles are shown for sale at a car dealership in Carlsbad, California, U.S. May 2, 2016. U.S. sales of new vehicles in March at major automakers came in below market Continue Reading
A coalition of U.S. states and municipalities has begun legal action against President Donald Trump’s administration, accusing it of violating federal law by delaying energy efficiency standards for several consumer Continue Reading
Days after opposition to a pipeline expansion project fell, Russian energy company Gazprom said its natural gas sales to foreign countries are up 15 percent. Russia is one of the Continue Reading
Oil is holding near $50 a barrel as optimism spurred by OPEC’s output cuts confronts pessimism over rising U.S. supply. Futures in New York were little changed after rising 5.5 Continue Reading
Crude stockpiles are starting to decline in a sign that the production cuts implemented this year are bringing the market to balance, according to OPEC’s Secretary-General Mohammad Barkindo. “I remain Continue Reading
FILE PHOTO: Flames emerge from flare stacks at the oil fields in Basra, Iraq, January 17, 2017. Iraq has assured OPEC it will fully comply with an agreement to cut Continue Reading
A territorial dispute in northern Iraq threatens to disrupt oil output at a field containing as much crude as Norway, even as U.S.-backed forces prepare what could be a decisive Continue Reading
