Venezuela has begun to proactively shut in oil production to shut-in nearly replete terminal storage, further accelerating an output decline and bringing the Opec country closer to the psychological barrier of Continue Reading
Chevron has completed construction of two massive liquefied natural gas plants in Australia at an eye-watering cost of $88bn — and is wasting no time in trying to change how such Continue Reading
China’s threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per Continue Reading
The Permian has been getting most of the headlines on U.S. shale, but there is another play in the vicinity that has been attracting more industry attention than media attention. Continue Reading
The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand Continue Reading
Despite tariffs that President Trump imposed on imported panels, the U.S. installed more solar energy than any other source of electricity in the first quarter. Developers installed 2.5 gigawatts of Continue Reading
Rosneft PJSC’s said crude at $70 to 80 a barrel was a “comfortable level” and expressed satisfaction with the results of Russia’s joint supply cuts with OPEC, just a week Continue Reading
Volvo Cars announced its ambition that from 2025, at least 25% of the plastics used in every newly launched Volvo car will be made from recycled material. Volvo Cars also Continue Reading
Oil prices fell Friday as traders braced for higher crude production and disruption to global trade. West Texas Intermediate futures fell 2.7% to $65.06 a barrel at the New York Continue Reading
Oil prices fell more than $2 a barrel Friday after two of the world’s biggest producers indicated they might increase output at next week’s OPEC meeting, while U.S. exports were Continue Reading
