ExxonMobil has returned all but 140,000 b/d of oil production curtailed during the spring’s oil price crash, and the producer aims to increase output from the Permian Basin next year Continue Reading
Energy stocks are suffering through their worst retreat in almost a century. In the biggest drop of any sector going back to 1928, energy stocks have lost 60% more value than Continue Reading
Appalachian Basin gas production edged up to its highest on record Oct. 30, dampening recent cash and forward-market bullishness over the promise of colder weather. Receive daily email alerts, subscriber Continue Reading
Repsol SA has invested more in recent months in developing renewable power projects than searching for oil and gas, offering the latest example of how Europe’s energy giants are accelerating Continue Reading
The global travel and tourism industry is on course to lose 174 million jobs this year if current restrictions to curb the spread of the coronavirus remain in place, a Continue Reading
On paper the European economy is snapping back smartly from the pandemic, growing more in the third quarter than it ever had. But images from Paris, Madrid and Frankfurt tell Continue Reading
The giant Johan Sverdrup oilfield in Norway’s North Sea is expected to increase its oil production this quarter after the Norwegian government raised the Q4 production permits for Western Europe’s Continue Reading
Economic mobility indicators in Europe’s largest economies have fallen to more than two-month lows, according to Google data, as the growing wave of second-wave lockdowns in the region continues to Continue Reading
The UK government has invited countries to prepare announcements of stronger climate commitments ahead of a planned virtual international climate summit Dec. 12. Receive daily email alerts, subscriber notes & Continue Reading
Oil is poised for the biggest monthly slide since March on concern a resurgent pandemic in the U.S. and Europe will keep people hunkered down, crimping demand for auto and Continue Reading
