America’s shale producers already had a profitability problem. It just got a lot worse. At a stroke, Saudi Arabia and Russia and their battle for market share have made almost all U.S. shale Continue Reading
The coronavirus has suddenly and unexpectedly created the biggest challenge for the global airline industry since 9/11. Bookings around the world are falling sharply. U.S. carriers are following Asian and Continue Reading
The oil-price collapse wiped out tens of billions of dollars in energy-company stock market value in a moment Monday, calling into question the industry’s ability to pay a huge tab Continue Reading
It’s one for the history books. Oil opened on Monday down roughly 25 percent , the sharpest decline in decades, and broader financial markets fell so precipitously that the circuit Continue Reading
The Trump Administration will review solutions to the pain felt by US oil producers as oil prices fall to multi-year lows on Monday, according to Bloomberg . Administration officials will Continue Reading
On Friday, the oil market’s worst fears came true: OPEC+ failed to agree on how to deal with the coronavirus’ effect on oil demand, sending oil prices plunging. But with Continue Reading
The simulator control room at NuScale Power’s small modular reactor design facility in Oregon. This story was originally published by Yale Environment 360 and is reproduced here as part of Continue Reading
Unintentional increases in air pollution may arise from efforts to reach net zero emissions in the UK Marcin Rogozinski/Alamy A widespread switch to burning hydrogen to heat UK homes has Continue Reading
Russia said it could withstand low oil prices for as long as a decade, setting the stage for a prolonged battle with Saudi Arabia after talks over further production cuts Continue Reading
The Russian government Monday said the domestic economy could withstand oil prices falling to $25-$30/b and that Russia would maintain its share of the global oil market after the ruble Continue Reading
