China invested a total of US$126.6 billion in renewable energy in 2017, the highest figure ever and accounting for 45 percent of global green energy investment, the ‘Global Trends in Continue Reading
Texas’s energy regulator issued fewer new drilling permits in March than a year ago, but well completions rose, according to data released on Friday by the state. A total of Continue Reading
U.S. energy companies added oil rigs for the third time in four weeks as crude prices drifted from a three-year high hit earlier this year amid concerns of a trade Continue Reading
A legal battle over a small oil-drilling company is testing Mexico’s promises of greater transparency and competition made five years ago when the country opened its oil industry. The company, Continue Reading
While most fossil fuels in the United States are burned or combusted, to produce heat and power, EIA estimates that the equivalent of about 5.5 quadrillion British thermal units of Continue Reading
The shale boom in the Permian where companies are intensively drilling while keeping costs low has led to an unprecedented electricity demand in West Texas, straining the grid as local Continue Reading
The oil and gas industry continues to add jobs as industry optimism increases. Coming off the heels of a strong start for the oil and gas industry in 2018, industry Continue Reading
The Permian basin in Texas is leading the way as U.S. oil production has reached an all-time high, but the prolific output is causing bottlenecks as pipelines transporting the crude Continue Reading
Two energy companies are cleared for two separate drilling operations in the Norwegian waters of the Barents Sea, a national safety regulator said. The Petroleum Safety Authority of Norway gave Continue Reading
Retaliation is not out of the question when considering economic pressures used by the United States and European countries, Russia’s energy minister said. “Undoubtedly, if certain measures are taken against Continue Reading
