Rumors of the economic expansion’s death appear to have been greatly exaggerated. Gross domestic product, the broadest measure of goods and services produced in the economy, rose at a 3.2 Continue Reading
President Donald Trump is considering a delay in the introduction of a plan for the expansion of oil and gas drilling in federal waters until after the 2020 elections, Bloomberg Continue Reading
Highlights Emissions reductions counted heavily in benefits Higher renewables could create uncertainty After months of environmental groups’ claims that PacifiCorp was hiding the true economic picture of its coal-fired generation, Continue Reading
Output gains in the US Permian Basin helped drive first-quarter oil production growth for ExxonMobil and Chevron, the companies said Friday. Now ExxonMobil’s first-quarter total upstream liquids production rose 5% Continue Reading
Exxon Mobil Corp.’s worst refining performance in almost two decades may revive questions from analysts about the so-called integrated model engineered by founder John D. Rockefeller and espoused by every Continue Reading
PG&E Corp. can’t prevent its power lines from sparking the kinds of wildfires that have killed scores of Californians. So instead, it plans to pull the plug on a giant Continue Reading
Russia is holding talks with Ukraine, Poland, and Belarus over a contamination of its crude oil that had Poland, Slovakia, Ukraine, and Belarus shut down their sections of the Druzhba Continue Reading
– Russia’s Rosneft does not see tougher U.S. sanctions on Iran resulting in a global oil deficit in the second and third quarters of 2019, CEO Igor Sechin said on Continue Reading
Oil prices dipped on Friday on expectations that OPEC will raise output to counter shrinking exports from Iran after sanctions imposed by the United States, where crude stocks have swelled. Continue Reading
Brent crude hit $75 per barrel on Thursday for the first time in nearly six months after quality concerns suspended some Russian crude exports to Europe while the United States Continue Reading
