ina is already lagging behind its promise to buy $52 billion worth of U.S. oil, gas and other energy products, and analysts warn that rising tensions between Washington and Beijing jeopardize additional Continue Reading
The U.S. economy shrank at an even faster pace than initially estimated in the first three months of this year with economists continuing to expect a far worse outcome in Continue Reading
April had a record collapse in Americans signing contracts to buy homes, a reflection of the broader shutdown of economic activity in response to the coronavirus outbreak. The National Association Continue Reading
The U.S. consumed more renewable energy than coal last year for the first time since 1885, according to the Energy Information Administration. The inflection point mainly reflects a steep drop Continue Reading
Oil companies including Chevron Corp., Exxon Mobil Corp., Royal Dutch Shell PLC and Total SA are scrambling to cope with coronavirus outbreaks among their workers that could threaten the profitability Continue Reading
US oil imports surged last week, with almost half of the extra crude arriving from Saudi Arabia, as foreign producers took market share from the struggling American shale patch. The federal Continue Reading
The multitrillion-dollar patchwork of federal and state relief programs has not kept bills from piling up or prevented long lines at food banks. But it has mitigated the damage. Now Continue Reading
The bitterly cold Arctic winter typically snuffs out the seasonal wildfires that erupt in this region. But every once in a while, a wildfire comes along that refuses to die. Continue Reading
U.S. crude oil refinery inputs averaged 13.0 million barrels per day during the week ending May 22, 2020 which was 87,000 barrels per day more than the previous week’s average. Continue Reading
Hydrogen might have a way to break through one of the barriers that keeps it from reaching mass-scale adoption for fuel cell electric cars and trucks. French fuel company Air Continue Reading
