North American oil producers will face more exposure to low prices this year as their protection disappears. Exploration and production companies have hedged only 15 percent of total production volumes Continue Reading
Iran is pushing to find new ways to extract and export its vast natural-gas reserves, including developing facilities to liquefy the commodity and ship it to Europe in two years Continue Reading
« Siemens to acquire simulation software supplier CD-adapco for $970M | Main | Northwestern researchers discover crumpled graphene balls are a promising lubricant additive » At the Volkswagen Group’s New Continue Reading
The average price of a gallon of gasoline in the United States fell 14 cents in the past two weeks to its lowest level in seven years, according to a Continue Reading
Rating agency Moody’s on Friday placed large parts of the global oil and gas sector on review for a downgrade, as a crash of more than 70 percent in oil Continue Reading
Daniel Yergin Oil is in free fall and Terry Clark couldn’t be happier. In mid-2014, when the crude price topped $100 a barrel, Clark made an offer to buy properties Continue Reading
Russia’s rouble fell more than 5 percent in the first two hours of trading on Thursday, to hit a new record low of Rbs85.97 to the dollar amid a global Continue Reading
From Science magazine’s “The Next Oil Crisis Looms Large—and Perhaps Close,” Aug. 21, 1998: This spring . . . the Paris-based International Energy Agency (IEA) of the Organization for Economic Continue Reading
Ahead of the so-called Implementation Day, a U.S. federal report found only six foreign companies were working in the Iranian energy sector last year. White House spokesman Josh Earnest told Continue Reading
Free-falling oil prices are the latest headache for the global mining giant, which is already grappling with a dam burst at a Brazilian mining venture and a collapse in prices Continue Reading
