For the past year, America’s job market has run like a well-engineered machine, adding an impressive average of 540,000 workers a month despite a punishing inflation rate, Russia’s ruinous war Continue Reading
Fanned by relentless winds and fueled by abnormally warm and dry weather, a historically large siege of fires is raging in New Mexico. Yet the state’s fire season still has Continue Reading
After suffering through a wave of bankruptcies during the covid pandemic, the oilfield services sector is bouncing back in a big way as the world attempts to boost oil production. Continue Reading
Deficit to five-year average widens to 306 Bcf NYMEX Henry Hub holds above $8/MMBtu Lower temperatures to limit injections into May Chilly spring weather across much of the country curbed Continue Reading
Germany will show solidarity with European Union countries seeking alternatives to Russian gas and oil, for example helping eastern states without ports in the North or Baltic Seas access liquefied Continue Reading
Finland could become the next country to which Russia may cut off gas supplies. Finland is expected to decide within weeks whether to apply to join NATO. The Scandinavian country Continue Reading
Germany has begun construction on its first LNG import terminal, and in the meantime, has rented four mobile floating tankers as it scrambles to rid itself of the need for Continue Reading
There is no way to trace whether there is Russian crude oil or how much crude from Russia will go into the refined products market globally, Shell’s chief executive Ben Continue Reading
The European Commission has proposed changes to its planned embargo on Russian oil in a bid to win over reluctant states, three EU sources told Reuters on Friday. The tweaked Continue Reading
Extensive building renovations and the use of heat pumps could nearly halve Europe’s Russian gas use, researchers said on Friday, although industry groups said this would require a substantial increase Continue Reading
