Opposition leader Juan Guaidó staged a dramatic return to Venezuela on Monday despite government threats to arrest him, energizing the country’s opposition and raising the stakes in the political showdown Continue Reading
Even if you just casually follow global energy news, you can’t help but notice that liquefied natural gas prices (LNG) in Asia keep dropping. Last week, prices for the super-cooled Continue Reading
China will cut billions of dollars in taxes and fees, increase infrastructure investment, and step up lending to small firms as the government boosts stimulus to shore up an economy Continue Reading
China lowered its economic growth target this year to between 6% and 6.5%, bowing to a deepening slowdown that can’t be quickly arrested without aggravating debt levels that are already Continue Reading
Alberta government’s decision to respond to the very low Canadian heavy oil prices with mandatory production cuts of 325,000 bpd has created a division among Canada’s oil industry. The government Continue Reading
U.S. shale drillers are facing a serious problem: Their wells are not producing as much oil and gas as they had anticipated. When facing shareholder scrutiny, shale drillers have countlessly Continue Reading
The U.S. government received bids for about 70 percent of the land it offered at a large oil and gas lease sale in Wyoming last week, held over the protests Continue Reading
Russia plans to speed up oil output cuts this month and by the end of the month it will bring the combined oil production cut level to 228,000 barrels per Continue Reading
Germany will be looking to regulate the controversial Russia-led Nord Stream 2 natural gas pipeline project using its national sovereignty, a senior German energy official said on Monday in comments Continue Reading
Russia will speed up its oil production cuts this month and plans to reach its share of the OPEC/non-OPEC output reduction by end-March or early April, Russian Energy Minister Alexander Continue Reading
