U.S. crude oil production will rise 1.36 million barrels per day to 12.32 million bpd in 2019, 140,000 bpd less than previously forecast, according to a monthly Energy Department report Continue Reading
The shale revolution powered U.S. oil and gas production in 2018 to the largest annual increases ever recorded by any country, according to energy giant BP PLC. Surging global energy Continue Reading
U.S. natural gas and crude oil production increased last year at the fastest pace ever for a single country. (Bloomberg) — U.S. natural gas and crude oil production increased last Continue Reading
The House of Representatives Energy and Commerce Committee said on Tuesday it planned a June 20 hearing on the Trump administration’s proposal to freeze fuel efficiency standards at 2020 levels Continue Reading
When Alberta’s previous government, led by Rachel Notley, instituted obligatory oil production cuts to arrest a serious discount in prices to WTI, some in the industry weren’t happy. Others, however, Continue Reading
My previous article addressed the merger between PEG-Nord and PEG-TRS, and the potential implications for gas security within Southern Europe. This article revisits the topic of gas security in Southern Continue Reading
Norway’s $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue Continue Reading
Greenhouse gas emissions in the UK will be cut to almost zero by 2050, under the terms of a new government plan to tackle climate change. Prime Minister Theresa May Continue Reading
Crude oil futures were higher in mid-morning trade in Asia Tuesday on prospects of tightening supplies by OPEC, but ongoing trade disputes between the US and China could cap prices, Continue Reading
Oil prices rose on Tuesday in line with firmer financial markets and bolstered by expectations that producer group OPEC and its allies will keep withholding supply. Front-month Brent crude futures Continue Reading
