SEOUL—South Korea, one of the world’s largest producers of nuclear electricity, is shifting away from the industry. President Moon Jae-in said Monday the country would scrap plans to build additional Continue Reading
In the boreal forests and on the remote prairies of Alberta, a handful of firms are running pilot projects they hope will end a two-decade drought in innovation and stem Continue Reading
Daniel Yergin says the boom in shale in concentrated areas like the Permian Basin, Texas and New Mexico is changing the global energy position of the U.S. “You go to Continue Reading
Canada’s Mordor, as environmentalists like to call the oil sands, is notorious for how “dirty” oil extraction is there. It’s also notorious for how expensive it is to extract. The Continue Reading
As Tesla prepares to jump into the electric truck market, Daimler is poised and ready to take on the competition. Daimler, the parent company of Mercedes-Benz, has been investing heavily Continue Reading
Russia’s largest oil producer Rosneft said on Sunday it had found an oilfield in the Laptev Sea in the eastern Arctic. “The result of the drilling at the Khatanga license Continue Reading
The fledgling production cut strategy of OPEC (Saudi Arabia) and non-OPEC (Russia and the FSU) shows that a new strategy is needed to counter the ongoing doubts in the markets. Continue Reading
After oil prices hit the lowest in seven months earlier this week, they were tentatively rising early on Friday, but were still on course to post the fourth consecutive week Continue Reading
Oil prices inched up Friday, but still fell hard for the week, holding near its lowest levels of the year because of the lingering glut. Light, sweet crude for July Continue Reading
U.S. supplies remain 100 million barrels above 5-year average Libya sees its output reaching 1 million b/d by end of July Oil headed for the longest run of weekly losses Continue Reading
