Major oil companies, under pressure from investors and environmentalists, are fleeing Canada’s oil sands, the fourth-largest oil reserve in the world and by some measures one of the most environmentally Continue Reading
Proved oil reserves in the United States slipped 19% over the course of 2020, from 44.2 billion barrels to 35.8 billion barrels, according to fresh data from the Energy Information Continue Reading
Midcontinent producing hubs trade into $4.30s/MMBtu Permian flows to Midcontinent up 70 MMcf/d in January Midcontinent, Gulf Coast hubs compete for Permian gas Strong natural gas demand across the central Continue Reading
Northeast spot gas prices soar in Jan. 13 trading Midwest spot gas prices register a tepid response Another arctic cold front was forecast to push south from Canada into the Continue Reading
A massive cyberattack warning Ukrainians to “be afraid and expect the worst” hit government websites late on Thursday, leaving some websites inaccessible on Friday morning and prompting Kyiv to open Continue Reading
The Dutch wing of environmental group Friends of the Earth, which won a landmark court case against Royal Dutch Shell (RDSa.L) last year, demanded 30 corporations publish plans for big Continue Reading
The German economy grew 2.7 percent last year but remained well below pre-pandemic levels, after growth slowed sharply in the fourth quarter due to the impact of the coronavirus crisis Continue Reading
The United States and its European allies appeared no closer to resolving a crisis with Russia over a possible renewed war in Ukraine, as Western officials flatly rejected Moscow’s call Continue Reading
Norway’s petroleum revenues reached a record-high in 2021 Stable high production from Norway’s continental shelf is expected to continue over the next few years In the fourth quarter of 2021, Continue Reading
The world may soon face a major oil supply shortage as spare capacity continues to dwindle and reserve replacement rates fall The number of new oil and gas discoveries may Continue Reading
