US natural gas in storage rose 56 Bcf in the week ended July 3, according to Energy Information Administration data released July 9, as electric generation boosted demand and the Continue Reading
The US oil and natural gas rig count dropped by six rigs on the week to 279, rig data provider Enverus said, as domestic plays continued largely stabilizing without yet Continue Reading
Gas demand from US power generators continues to outperform this month as historically low prices for the fuel combine with scorching temperatures to push burns toward prior record highs set Continue Reading
Oil traded below $41 a barrel in New York as coronavirus cases continued to surge across the world and U.S. crude stockpiles grew. Nationwide inventories rose last week, with supplies at Continue Reading
Crude oil inventories in the United States swelled by 5.7 million barrels in the week to July 3, the Energy Information Administration reported , but gasoline inventories drew down. Analysts Continue Reading
Gasoline demand appears to be weakening in some parts of the United States, as the coronavirus continues to spread. The states hardest hit by the surging number of infections are Continue Reading
Hotter temperatures by 2100 could slash global GDP by more than 20%, according to new research, and the way the economic impact will be distributed threatens to turn climate change Continue Reading
It was a tough week for the North American fossil fuel industry. Over just a few days, the Atlantic Coast natural gas pipeline was canceled by developers, the Dakota Access Continue Reading
Big Oil majors have been scrambling to make the most ambitious climate commitments in the industry, planning a pivot to clean energy, talking about net-zero emission bills, solar, and wind. Continue Reading
The Middle East has taken center stage in the OPEC+ agreement to cut 9.6 million b/d through July, with Saudi Arabia leading the way and Iraq being put to the Continue Reading
