Saudi companies are prepared to invest billions in petrochemicals production in Texas, taking advantage of the abundance of cheap natural gas in the Permian and elsewhere in the shale patch, Continue Reading
Oklahoma regulators forced an oil and gas producer to reduce operations on a well used for disposing of saltwater following a large earthquake over the weekend that set off a Continue Reading
Battery electric vehicles (BEVs) can be economically attractive as commuter cars in city traffic. Attractiveness fades for longer-distance traveling due to larger battery packs, a smaller efficiency advantage, and more Continue Reading
The Canadian government on Monday said it was considering all its options on the Trans Mountain pipeline expansion, including a possible investment of public funds to ensure construction goes ahead Continue Reading
U.S. natural gas prices could rise in 2018 after utilities pulled the second biggest amount of gas from storage on record over the winter, even though the season was slightly Continue Reading
The price differential between the two most important crude oil benchmarks is widening again, a reflection of a divergence in the supply fundamentals between the U.S. and the rest of Continue Reading
An escalation in U.S. sanctions against Moscow risks derailing a fragile recovery in Russia’s economy, which had just begun to take hold after the Kremlin’s last confrontation with the West Continue Reading
Russia is considering replacing the U.S. dollar in crude oil payments on deals with Turkey and Iran, Energy Minister Alexander Novak said as quoted by RT. According to Novak, “There Continue Reading
The UK government could be on its way on agreeing a massive support package—dubbed a sector deal—with the North Sea oil and gas industry, the Scottish Secretary of State David Continue Reading
Investors of the world’s biggest oil-servicer providers are so far looking past the most punitive round of U.S. sanctions on Russia. Schlumberger Ltd., the biggest of the hired guns who Continue Reading
