Some multinationals are increasingly fleeing China, having seen the coronavirus outbreak as validation of exit strategies made during the US trade war While some bemoan the lack of alternatives, others Continue Reading
Coal-fired power plants are retreating from the market in at least two big ways. One is hard to miss: Many plants are closing. The other is more subtle: Remaining plants Continue Reading
America’s nascent status as a net petroleum exporter is already at risk as plunging oil prices threaten domestic production and give a leg-up to world’s biggest producers. The U.S. only in Continue Reading
The travel, energy, manufacturing and consumer product industries are pressing the Trump administration and Congress to take decisive action to contain the economic damage from the coronavirus and plunging oil Continue Reading
In the wake of one of history’s largest oil price declines in a single day, a Rystad Energy impact analysis shows that US drilled but uncompleted wells (DUCs) will be Continue Reading
Oil stocks have suffered a lot over the past half decade. First it was the 2014 oil price crash. Just as the oil industry emerged from the collapse, the energy Continue Reading
The oil markets have been anticipating a big impact on oil demand from the coronavirus outbreak. That’s why we have seen a 30 percent drop in the price of crude Continue Reading
Weekly US coal train loadings averaged 74.5 trains/day in the week ended February 28, up 1.3 trains/day from the previous week, Surface Transportation Board data showed Monday. From the year-ago Continue Reading
The North American energy sector is nearing a tipping point that will soon decide whether to build a series of oft-delayed and heatedly debated pipelines designed to move more Canadian Continue Reading
Occidental Petroleum Corp. plans to cut capital spending after oil futures plummeted below some of its hedging levels and threatened its dividend, according to people familiar with the matter. The Continue Reading
