Shale drillers face new test as oil tops $70 a barrel
For the oil industry, $70 offers a test of wills. With benchmark U.S. crude prices crossing the $70 a barrel threshold on Monday, the shale drillers who helped upend global Continue Reading
Shale Drillers Face New Test of Will as Crude Tops $70 Mark
For the oil industry, $70 offers a test of wills. With benchmark U.S. crude prices crossing the $70 a barrel threshold on Monday, the shale drillers who helped upend global Continue Reading
U.S. crude inventories, refined products likely fell last week
U.S. crude stockpiles were seen declining last week after rising for two straight weeks, and refined product inventories also likely fell, a preliminary Reuters poll showed on Monday. Five analysts Continue Reading
Foreign appetite for U.S. oil growing, IEA finds
Most of the oil coming from U.S. shale basins will find its way out of the domestic market and into the Asian and European economies, analysis finds. The U.S. federal Continue Reading
Natural gas and renewables make up most of 2018 electric capacity additions
Preliminary Monthly Electric Generator Inventory EIA expects nearly 32 gigawatts (GW) of new electric generating capacity will come online in the United States in 2018, more than in any year Continue Reading
Maryland to Other States: Stop Sending Us Your Dirty Air
From a grassy hilltop in western Maryland, a high-tech spying operation tracks the source of pollution and ozone coming into the state. State regulators use such automated air-monitoring stations to Continue Reading
The Future Of U.S. Oil Relies On A Single Play
U.S. oil production recently broke another record, jumping to 10.619 million barrels per day (mb/d) in the last week in April, and the sky seems to be the limit for Continue Reading
Putin: We survived the oil price collapse
With higher oil prices, the Russian economy is more stable and spinning value into real incomes for its people, President Vladimir Putin told government employees. Putin spoke to government employees Continue Reading
Germany’s E.ON wants even bigger wind footprint
German utility E.ON said it will build up its wind energy portfolio by taking over the domestic activities of wind-power company Vortex Energy. E.ON said it’s targeting a takeover of Continue Reading
As Putin Starts Fourth Term, Higher Oil Prices Give Him Some Security
Russian President Vladimir Putin began his fourth term on Monday with an unexpected weapon in his arsenal against Western sanctions: higher oil prices. The price of oil is the highest Continue Reading