New York City announced on Wednesday that it filed a multibillion-dollar lawsuit against five top oil companies, citing their “contributions to global warming,” as it said it would divest fossil Continue Reading
U.S. crude oil stocks fell last week while gasoline and distillate inventories rose more than anticipated, the Energy Information Administration said on Wednesday. Crude inventories USOILC=ECI fell 4.9 million barrels Continue Reading
It has been a good month for American energy development. The tax reform signed by President Trump contained a provision allowing for oil exploration in the Arctic National Wildlife Refuge. Continue Reading
Seeking to position himself as a national leader against climate change, Mayor Bill de Blasio on Wednesday announced a two-pronged attack against the fossil-fuel industry, including a vow that city Continue Reading
In many ways, the energy sector has been slow to adopt this new tech, but things are finally beginning to change. As ‘Big Energy’ begins to catch up, many market Continue Reading
This time last year, the oilfield service sector started showing the first signs of hope and optimism after the OPEC/Russia deal to cut crude oil production by 1.8 million bpd Continue Reading
The Federal Energy Regulatory Commission (FERC), which regulates the U.S. electricity market, shot down a proposal from the Department of Energy that would have essentially subsidized aging coal and nuclear Continue Reading
Air pollution trapped along the Wasatch Front by winter inversions is estimated to send more than 200 people to the emergency room with pneumonia each year, according to a study Continue Reading
The shale division of British business group INEOS said it was petitioning for a judicial review of a Scottish decision to sideline onshore oil and gas work. Scotland has one Continue Reading
An Aberdeen City Council document highlights that 5,500 further jobs are expected to be lost in the city’s energy sector by 2027. An Aberdeen City Council document has highlighted that Continue Reading
