U.S. shale drillers are looking to boost production in the short term Industry data suggests that well depletion is advancing Drillers remain upbeat about the short term forecast for shale Continue Reading
Oil prices have yet another reason to remain elevated as cold winter weather and refiners struggle to keep up with the rising demand for heating oil and diesel. Heating oil Continue Reading
While gasoline prices continue to be a troubling political factor for the Biden Administration, the recent inclement weather in refinery country on the U.S. Gulf Coast has caused two major Continue Reading
After hitting a peak of $3.45 per gallon last week, the national average U.S. gasoline prices are expected to calm down significantly this week due to price cycling, Patrick De Continue Reading
BP’s profits hit their highest in eight years in 2021, lifted by soaring gas and oil prices, as the company boosted share repurchases and accelerated plans to cut emissions with Continue Reading
U.S. President Joe Biden said on Monday that the Nord Stream 2 gas pipeline would be halted if Russia invades Ukraine and stressed unity with German Chancellor Olaf Scholz as Continue Reading
France has enough secured gas supplies to get through this winter, French European Affairs Minister Clement Beaune told France 2 TV on Tuesday, adding this was the case in “any Continue Reading
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. European natural gas prices rose after U.S. President Joe Biden said the controversial Nord Continue Reading
French officials said Vladimir Putin had moved towards de-escalating the Ukraine crisis by promising not to undertake any new “military initiatives” and agreeing to withdraw thousands of Russian troops from Continue Reading
A wind farm has for the first time secured a deal to help balance voltage in the U.K.’s electricity grid. North Sea wind farm Dogger Bank C’s onshore converter station Continue Reading
