While lockdowns in China are causing significant demand destruction and adding downward pressure to oil prices, the EU’s threat to ban Russian oil imports has the potential to send prices Continue Reading
China’s Guangdong province will boost gas consumption by 65.5% in the five years to 2025 on the back of industrial coal-to-gas switching and new natural gas-fired power plants, the provincial Continue Reading
The Biden administration on Friday said it has resumed plans for oil and gas development on federal lands, a move that could break a pledge Joe Biden made while campaigning Continue Reading
U.S. factory production rose in March by more than forecast, marking the third straight month of gains that show steady progress for manufacturers against a backdrop of gradually improving supply Continue Reading
Photographer: Paul Ratje/AFP/Getty Images President Joe Biden’s administration is dramatically curtailing U.S. public land available for new oil and gas development as it restarts leasing with new environmental protections. The Continue Reading
Several million workers who dropped out of the U.S. workforce during the Covid-19 pandemic plan to stay out indefinitely because of persistent illness fears or physical impairments, potentially exacerbating the Continue Reading
Which is better: A four-day workweek or five? Companies and governments around the world have been debating that question recently, driven by a tight labor market along with workers seeking Continue Reading
The number of total active drilling rigs in the United States rose by 4 this week, after a sizable increase of 16 rigs in the week prior, according to new Continue Reading
Three firms involved in Britain’s oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which have caused widespread disruption this month, the government said on Continue Reading
Several buyers of Russian gas have agreed to switch to payments in roubles, Russian Deputy Prime Minister Alexander Novak said on Friday. “We expect the decision (to switch to roubles) Continue Reading
