Brazil’s massive transfer-of-rights oil auction to be held on November 7 has cleared one hurdle as the Brazilian Congress approved on Thursday one section of a larger bill that determines Continue Reading
When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico’s southern Gulf coast two years ago, it marked the first discovery by a foreign firm since the Continue Reading
When earlier this year China announced subsidies for 22.79 GW of new solar power capacity, those following the country’s renewable energy story must have started to worry. The capacity subsidized Continue Reading
Economists say the improvement in both official and private gauges of factory activity is unlikely to mark a turnaround from the deepening slowdown in the industrial sector, as the world’s Continue Reading
Unlike several years ago, when shale production fell due to a global price collapse, the slowdown this year is driven partly by core operational issues, including wells producing less than Continue Reading
Slowing global growth, fading effects from the 2017 tax cut and rising trade frictions are weighing on the U.S. economy. “The domestic economy is not immune to all these headwinds,” Continue Reading
The Appalachian Basin is one U.S. hydrocarbon prospection patch that just keeps on giving natural gas – be it via conventional or unconventional means. It’s what the U.S. Energy Information Continue Reading
The end of the age of fossil fuels is not yet in sight in Europe . As Statista’s Martin Armstrong illustrates in the following infographic, there are still a number Continue Reading
Crude oil futures fell during mid-morning trade in Asia Friday as investors adopted a risk-adverse stance while awaiting more clarity on the impeachment inquiry into US President Donald Trump. In Continue Reading
Crude oil prices fell on news that Saudi Arabia has declared a partial cease-fire in Yemen, a move that could significantly ease tensions across the region. Oil is set to Continue Reading
