The oldest stories of human lore have to do with cutting trees and with the disasters that followed as a consequence. Above, Legendary Sumerian heroes Gilgamesh and Enkidu kill the Continue Reading
Source: U.S. Energy Information Administration, based on Digest of U.K. Energy Statistics and National Statistics: Energy Trends Note: 2017 values are estimates based on data through September. In the United Continue Reading
U.S. conglomerate General Electric will test the world’s largest wind turbine in a facility in northeast England, it said on Tuesday. GE Renewable Energy, the renewable arm of the U.S. Continue Reading
BP Chief Executive Bob Dudley on Tuesday urged Cambridge University not to yield to pressure from hundreds of students and academics to cut its investments in fossil fuels and pointed Continue Reading
Norwegian state-controlled Statoil on Wednesday posted a strong operational first quarter, lifted by record overseas production and higher oil and gas prices, and predicted that total petroleum output for the Continue Reading
Oil rose on Tuesday above $75 a barrel to its highest since November 2014, supported by OPEC-led production cuts, strong demand and the prospect of renewed U.S. sanctions on Iran. Continue Reading
Global benchmark Brent crude turned positive in volatile trade on Monday as it jockeyed between downward pressure after Iran dashed hopes that OPEC would extend its production cap pact and Continue Reading
Last week, oil prices hit their highest level since late 2014 on the back of continued global and U.S. stockpile drawdowns and expectations that oil demand growth will stay strong Continue Reading
Money managers have amassed close to record long positions in the six-major oil-linked futures and option contracts, and the ratio of longs to shorts is even higher than when it Continue Reading
Oil prices may be “artificially Very High,” as Donald Trump alleged last week, but that hasn’t boosted an industry that should be a key beneficiary. On Monday morning Halliburton HAL Continue Reading
