Top oil exporter Saudi Arabia is expected to keep the February price for Arab Light crude steady, close to the highest in more than three years, while lowering prices for Continue Reading
In early December, short bets on natural gas by money managers, hedge funds and other speculative investors outnumbered long ones—indicating investors were expecting natural-gas prices to drop further. Investors wagered Continue Reading
Two offshore oil platform rigs are under construction in Port Fourchon, La. The Trump administration’s proposed changes to offshore oil drilling rules are raising fundamental questions over whether safety regulators Continue Reading
The U.S. shale resurgence has been one of the main themes in oil markets this year, while OPEC’s production cut deal to deplete the oil overhang and boost oil prices Continue Reading
As turbulent as Donald Trump’s political career has been thus far, he has always been consistent about two things: First, that the U.S. should aggressively pursue energy independence; second, that Continue Reading
Gazprom shipped 190 billion cubic meters of natural gas to Europe in 2017—a record high, according to Bloomberg . In 2018, that figure is expected to dip slightly to 180 Continue Reading
New project to China’s Daqing city runs smoothly, Xinhua says Two parallel lines can transmit 30 million tons of oil a year A second Sino-Russian oil pipeline began operations on Continue Reading
It was a record year for powering the country using renewables in the UK, National Grid has revealed, making 2017 the “greenest year ever”. The year saw 13 clean energy Continue Reading
U.S rate hikes, tax cuts and trade tensions may darken outlook A slowdown in construction is seen as ‘the biggest fault line’ China’s economy begins 2018 facing what its own Continue Reading
The global economy is set to grow by almost 4% in 2018 in purchasing power parity (PPP) terms, adding an extra $5 trillion to global output at current values, according Continue Reading
