Are Asian LNG Prices About To Rally?
Some summer demand for August boosted the price of liquefied natural gas (LNG) in Asia at the end of June from three-year lows earlier in the month, providing an incentive Continue Reading
China Just Created A Huge Opportunity For The Oil & Gas Industry
China will remove the joint venture requirement for foreign companies wanting to enter its oil and gas industry as it moves to open up a range of industries as per Continue Reading
Exxon quarterly profit to feel pinch of weaker natural gas, chemical earnings
Exxon Mobil Corp ( XOM.N ) said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat profits Continue Reading
U.S. Drilling Slowdown Triggers Oil Bankruptcy
A slowdown in U.S. drilling activity is taking a toll on the oil patch as Weatherford International PLC has become one of the biggest oil-and-gas bankruptcies in years. Among the Continue Reading
U.S. Manufacturing Slips in June
The U.S. factory sector lost momentum again last month, the latest sign that anemic global growth and trade tensions are contributing to a domestic slowdown. The Institute for Supply Management Continue Reading
US manufacturing gauge slips to lowest level since October 2016
A gauge of US manufacturing activity fell less than expected in June but hit its lowest level since October 2016, signaling the fallout from Washington’s multi front trade war. The Continue Reading
A ‘volcano’ at the bottom of the gulf
Timmy Couvillion first saw the oil plume at the bottom of the Gulf of Mexico more than two months ago, but the memory still makes his skin crawl. His small Continue Reading
These 12 U.S. States Just Hiked Gasoline Taxes
Today, gasoline taxes are rising in a dozen U.S. states.The following infographic shows where gasoline taxes are going up today and it’s based on data from the Institute on Taxation Continue Reading
West Virginia officials remain hopeful about promised $84 billion Chinese investment
Highlights MOU announced in 2017 still awaits action Ongoing US-China trade war complicates investment decisions Houston — West Virginia officials are still hopeful that China Energy will eventually make good Continue Reading
Analysis: Every US storage region continues to inject natural gas at above-average pace
Natural gas in underground storage to could continue filling at an above-average pace throughout the remainder of the summer in nearly all regions, keeping prices down at multiple hubs across Continue Reading