Stiff new U.S. sanctions against Russia would only have a limited impact on its oil industry because it has drastically reduced its reliance on Western funding and foreign partnerships and Continue Reading
Can the global climate be stabilized before runaway change creates conditions that are too hot for human civilization and deadly for most species? Leading Earth System scientists warn: “The Earth Continue Reading
Crude oil futures remained steady Thursday during the European morning trading session following the release of bearish Energy Information Administration data Wednesday and news that the US and China will Continue Reading
Oil prices steadied Thursday after commodities prices, led by metals, fell as investors worried that an economic slowdown in emerging markets and China could harm demand. Brent crude, the global Continue Reading
Oil edged higher as global markets steadied on Thursday, recouping some of the previous day’s 2 percent slide, though a weakening outlook for crude demand kept prices in check. The Continue Reading
Oil futures fell more than $2 a barrel on Wednesday after data showed U.S. crude stockpiles jumped last week, compounding worries about a weaker global economic growth outlook. Brent crude Continue Reading
While the oil market and analysts are trying to guesstimate how much Iranian oil the U.S. sanctions will stifle later this year, they all agree that the return of the Continue Reading
The oil and gas industry has been in recovery mode for at least a year now, and although the improvement in performance is clearly there, the pace of the recovery Continue Reading
Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refueling facilities Continue Reading
Libya’s crude oil production has exceeded 1 million bpd for the first time since June, when port blockades and a kidnapping caused production outages that within a month brought production Continue Reading
