New York’s Last Coal-Fired Power Plant Is Closing
It is the last coal-fired power plant in New York State. White steam trails from its smokestack like a banner flying in the wind, visible for miles across flat farm Continue Reading
Rig Count Plummets As Oil Price War Rages On
Baker Hughes reported that the number of oil and gas rigs in the US plummeted this week by 20, falling to 722, with the total oil and gas rigs clocking Continue Reading
Canada Prepares Multi-Billion Dollar Bailout For Its Oil Industry
The federal government of Canada is preparing a multibillion dollar financial aid package for the oil and gas industry and could announce it as soon as next week, the Globe Continue Reading
Texas Lawmaker Calls For Oil & Gas Royalty Cuts
As crashing oil prices hit U.S. oil and gas companies, one Texas lawmaker is asking the Department of the Interior to reduce the royalties that firms pay for oil and Continue Reading
‘Uncertainty’ describes wind and solar projects’ immediate future: CEOs
The CEOs of six wind and solar development companies speaking on a webcast Friday all agreed that “uncertain” was the best word to use in answering questions about where the Continue Reading
Shale drillers slow to scale back volumes as Texas discusses mandatory production cuts
Shale drillers continue to dramatically scale back their spending, but they’re only moderately reducing their crude production volumes as Texas discusses mandatory cutbacks in oil barrels. Receive daily email alerts, Continue Reading
Oil-Sands Workers Brace for ‘Hellish’ Outbreak in Remote Camps
As if the market crash threating their jobs wasn’t stressful enough, workers in Canada’s oil-sands are bracing for the coronavirus to upend life in the remote camps where they’re lodged. One Continue Reading
Passenger Airlines Start Shifting Idled Planes Into Freight Business
American Airlines Group Inc. is launching its first scheduled cargo flight since 1984 on Friday, with two round-trip flights over four days between Dallas-Fort Worth International Airport and Frankfurt on Continue Reading
New York Joins California as Millions More Americans Are Ordered to Stay Home
America plunged into a deeper state of disruption and paralysis on Friday as New York and Illinois announced a broad series of measures aimed at keeping tens of millions of Continue Reading
U.S. economy deteriorating faster than anticipated as 80 million Americans are forced to stay at home
The U.S. economy is deteriorating more quickly than was expected just days ago as extraordinary measures designed to curb the coronavirus keep 84 million Americans penned in their homes and Continue Reading