U.S. Oil Rig Count Falls As Prices Slide
The the number of active oil and gas rigs fell in the United States again this week according to Baker Hughes, despite record-breaking production for the week ending February 22—the Continue Reading
U.S. Approves $3.2B Appalachian Natural Gas Pipeline
TransCanada said on Friday that the U.S. Federal Energy Regulatory Commission (FERC) had approved the full in-service of the Mountaineer XPress natural gas pipeline project, which will help link the Continue Reading
US Shale Operators Cut CAPEX, Up Production
Analysis from Rystad Energy reveals a boost in production and a decrease in capital spending for U.S. shale companies in 2019. For U.S. shale companies, 2019 will see a boost Continue Reading
A brutal Arctic air mass is about to take over the United States
Temperatures as much as 30 to 50 degrees below normal are entering the Northern Plains as we close out the workweek. Through the weekend, brutal conditions you might expect in Continue Reading
More than 80 vessels queued in and outside of the Mississippi River due to high water
High water on the Mississippi River has slammed the brakes on coal and petcoke loadings in the US Gulf, with more than 80 vessels queued, according to S&P Global Platts’ Continue Reading
U.S. oil rig counts falls to lowest since May 2018: Baker Hughes
U.S. energy firms this week cut the number of oil rigs operating to the lowest in almost nine months as some producers follow through on plans to cut spending despite Continue Reading
Russian oil output down in February, misses global deal target
Russian oil output stood at 11.34 million barrels per day (bpd) in February, down some 75,000 barrels per day from the October level, the baseline for a global deal, but Continue Reading
Oil climbs amid OPEC-led supply cuts, but economic weakness drags
Oil prices climbed on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. supply and concerns of global economic slowdown kept a lid on further Continue Reading
The World Is Losing Fish to Eat as Oceans Warm, Study Finds
Fish populations are declining as oceans warm, putting a key source of food and income at risk for millions of people around the world, according to new research published Thursday. Continue Reading
LNG Oversupply May Be Looming
Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to Continue Reading