U.S. Shale Swings From Losses To Record Cash Flows
U.S. shale focuses on returning capital to shareholders in 2022. Deloitte: the shale patch is on track for massive free cash flows of a combined $172 billion in 2022 alone. Continue Reading
NOPEC Bill Could Send Prices At The Pump Even Higher
White house cautiously weighs implications of NOPEC bill. NOPEC bill could lead to higher prices of imported crude to the U.S. The NOPEC bill could end the dominance of the Continue Reading
Southwest US hydro outlook remains below normal, with snowmelt well underway
Lake Powell water supply forecast at 59% of normal Lower Colorado River Basin ranges from 58% to 97% June on-peak power forwards reach package highs May 5 Southwestern snowpack levels Continue Reading
All-Renewable Moment In California Is A Glimpse Into The Future
California’s milestone of meeting 99.87pct of its electricity demand only via renewables was impressive but it was only for a brief spell. On the last day of April, California hit Continue Reading
G-7 Leaders Commit to Banning Imports of Oil From Russia
Leaders of the G-7 countries pledged to ban the import of Russian oil in response to Putin’s war in Ukraine. Tony Czuczka reports. Leaders of the Group of Seven most Continue Reading
Ukrainians report fierce fighting as Russia marks Soviet WW2 victory
Russian President Vladimir Putin told his armed forces they were fighting for their country at a parade of Russian firepower in Moscow while his troops stepped up their 10-week-old assault Continue Reading
Exclusive: Biden sidelined global energy partners with record emergency oil release
The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of Continue Reading
Russian attacks on rail system fail to paralyse ‘lifeline of Ukraine’
A salvo of missiles brought the Kremlin’s war on Ukraine to Fastiv, a quiet town abounding with flowering cherry trees and set in sweeping farmland hundreds of kilometres from the Continue Reading
Putin Victory Day speech claims Russian troops fighting on ‘own land’
Vladimir Putin has claimed Russia was forced to “strike back pre-emptively” against Ukraine, adding that the Kremlin’s troops were fighting “on their own land” in the conflict, just as Soviet Continue Reading
Russia-Ukraine war news:
Russian President Vladimir Putin, speaking from Moscow’s Red Square on Victory Day, did not use his speech to announce plans to intensify the war against Ukraine or order the mobilization Continue Reading