US energy independence is not the shining prize it seems
It is a common sensation at this time of year: waiting for something in eager anticipation, only to find it disappointing when it eventually arrives. For decades, the US has Continue Reading
Shale Drillers Cut Budgets as Oil Prices Drop
Producers Diamondback Energy Inc., FANG -1.07% Parsley Energy Inc. PE -2.18% and Centennial Resource Development Inc. CDEV -1.63% either plan to operate fewer drilling rigs in 2019 or recently lowered Continue Reading
Combustion engine car sales to hit peak demand in 2018, say analysts
Sales of internal combustion engine cars in 2018 are unlikely to be surpassed in any future year, as demand in the world’s three largest markets stalls and carmakers seek to Continue Reading
The energy industry must engage with climate change
When I started my career in the oil industry more than 50 years ago, nearly three-quarters of people around the world lived in extreme poverty. Today, that figure stands at Continue Reading
Airlines prepare for blizzard of climate challenges
Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose the Continue Reading
Crude oil futures recover on bullish equity markets; ICE Brent up at $52.97/b, NYMEX WTI $45.56/b
Crude oil futures recovered during European trading Friday morning following the overnight plunge, getting a lift from rising equity markets, analysts said. At 1052 GMT, ICE February Brent crude futures Continue Reading
Oil prices steady near year-and-a-half lows ahead of New Year
Oil prices steadied on Friday after a week of volatile trading ahead of the New Year holiday, supported by a rise in U.S. equity markets but pressured by worries about Continue Reading
Oil Prices Set To Rebound In 2019
Crude prices finished off the year with a small rally, and analysts are suggesting oil could climb even higher in the coming months. (Click to enlarge) (Click to enlarge) (Click Continue Reading
LNG Project Sanctions Set to Surge in 2019
Uncontracted demand by the world’s seven largest LNG buyers could quadruple to 80 mtpa by 2030. Uncontracted demand by the world’s seven largest liquefied natural gas (LNG) buyers could increase Continue Reading
Mexican army takes control of refineries to fight rampant fuel theft
The Mexican army took control of state oil company Pemex refineries where some unionized workers were preventing access to strategic areas. Mexican President Andres Manuel Lopez Obrador said that at Continue Reading