Carbon capture, the fossil-fuel industry’s favorite weapon against climate change, has never really caught on because of the cost. That may be about to change. The Internal Revenue Service recently issued Continue Reading
Last week, the Turks were still celebrating a presumed victory in Libya after General Haftar lost territory in and around Tripoli and the National Oil Company (NOC) went as far Continue Reading
Saudi Arabia shocked the markets this week when it said it would not keep up the voluntary portion of the cuts–the extra cuts beyond the official OPEC+ agreement–past June. The Continue Reading
US gas pipeline exports to Mexico surged to a new single-day record high this week, propelled by warming summer weather and a soft opening of Mexico’s economy earlier this month. Continue Reading
Roughly 6.5% of crude oil production in the US Gulf of Mexico remained offline on June 12 from Tropical Storm Cristobal’s weekend saunter through the region, bringing the area’s output Continue Reading
A district of Beijing was on a “wartime” footing and the capital banned tourism on Saturday after a cluster of novel coronavirus infections centred around a major wholesale market sparked Continue Reading
As China’s economy began to recover from coronavirus-induced stay-at-home orders in April, Victor Li took to the sky again. The 31-year-old investment manager, who used to fly about 150 times a Continue Reading
A district in central Beijing has gone into “wartime mode” after discovering a cluster of coronavirus cases around the biggest meat and vegetable market in the city, raising the prospect of Continue Reading
Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing. The United States Continue Reading
It will go down as wildest of the shale wildcatters, the overreaching pioneer of fracking techniques that minted vast fortunes and, now, have left behind ruin. At long last, financial reality has Continue Reading
