The U.S. Shale Oil Industry is in serious trouble, even without the negative impacts of the global contagion. While it’s no secret that shale oil wells suffer high decline rates, Continue Reading
President Vladimir Putin said on Sunday that Russia was emerging from the novel coronavirus epidemic with minimal losses, having handled it better than the United States where he said party Continue Reading
Europe is taking a big step toward a new normality as many countries open borders to fellow Europeans after three months of coronavirus lockdowns — but even though Europeans love Continue Reading
It is difficult to surprise anyone in today’s world with another set of sanction-slapping. A bipartisan group of US senators has expressed its intent to put another spoke in the Continue Reading
Germany’s economic output will fall further in the second quarter than in the first but the easing of coronavirus-related restrictions and leading indicators suggest the trough has been passed, the Continue Reading
Borders opened up across Europe on Monday after three months of coronavirus closures that began chaotically in March. But many restrictions persist, it’s unclear how keen Europeans will be to Continue Reading
BP PLC is writing down up to $17.5 billion of its assets and might leave some of its oil and gas in the ground because of lower energy prices and Continue Reading
Oil prices are set for their first weekly loss in over a month as a jump in COVID-19 cases threaten the economic recovery while oil supply continues to come back Continue Reading
Clean energy has outperformed the broader market since the downturn, despite the fact that renewable energy has been hit hard. Investors increasingly eye oil and gas firms with skepticism, and Continue Reading
We who have been suggesting that a peak in world oil production was nigh almost from the beginning of this century looked like we might be right when oil prices Continue Reading
