Some drillers in the biggest North American oil field are reopening wells shut in response to the pandemic-driven price collapse, according to pipeline giant Energy Transfer LP. In the Permian Basin’s Continue Reading
At least two oil and gas firms that boosted investors’ portfolios by buying back stock in 2019 received $15.5 million this year from a program designed to rescue small businesses Continue Reading
There are now four major oil companies pledging to cut emissions to “net zero,” after Total followed Repsol, BP, and Shell in laying out its plans. And, yet, each one of them Continue Reading
Dmitry Peskov, spokesman for Russian President Vladimir Putin, has now tested positive for the virus Russia has confirmed 232,000 cases of coronavirus – the second highest toll in the world Continue Reading
In the first quarter of 2020, the electrically-chargeable vehicle segment in Europe significantly increased its market share, rising to 6.8% (from 2.5% in Q1 2019) against the backdrop of the Continue Reading
Crude oil futures traded higher in midmorning Asia trade Tuesday after Saudi Arabia announced Monday that it would cut output beyond its OPEC+ production quota. Receive daily email alerts, subscriber Continue Reading
Oil prices rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain a supply glut built up during the coronavirus Continue Reading
The world will soon bounce back from this pandemic, but the recovery will be rough and painful. The current low oil price environment will also come to an end, with Continue Reading
There is a growing acceptance that the prospect of a V-shaped recovery is unrealistic. “A couple months ago I was optimistic, I was hopeful, that maybe we would have a Continue Reading
Levels of two major air pollutants have been reduced significantly since lockdowns began in response to the COVID-19 pandemic, but a secondary pollutant—ground-level ozone—has increased in China, according to new Continue Reading
