The Biden administration is preparing sanctions targeting Russian companies it says provides goods and services for the military and intelligence services, including dual-use components used in weapons proliferation, U.S. officials Continue Reading
The U.S. is ramping up shipments of liquefied natural gas to Europe this year as the continent mounts a world-wide hunt for new supplies to phase out its reliance on Continue Reading
Frigid temperatures forecast for Midwest, Northeast Final storage pull now expected in EIA’s April 1 report NYMEX prompt-month gas futures top $5.50/MMBtu Frigid weather across the US Midwest and the Continue Reading
The US Energy Information Administration (EIA) published its Annual Energy Outlook (AEO) 2022 on March 3. figure 1 Three scenarios are shown in the chart above for a low oil Continue Reading
The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in the U.S. is increasing, according to the Dallas Fed Energy Survey. In the organization’s Continue Reading
U.S. refiners have begun snapping up fuel oil cargoes from the Middle East this month after U.S. President Joe Biden banned Russian oil imports over the country’s invasion of Ukraine, Continue Reading
The United States plans to accept up to 100,000 Ukrainians fleeing Russia’s invasion and is pledging $1 billion in new humanitarian aid, the Biden administration said on Thursday after a Continue Reading
The dollar’s share of global reserve currencies has been in steady decline over the past 20 years as central banks turn to nontraditional currencies, including the renminbi, to diversify their Continue Reading
As coronavirus infections rise in some parts of the world, experts are watching for a potential new COVID-19 surge in the U.S. — and wondering how long it will take Continue Reading
Startlingly large amounts of methane are leaking from wells and pipelines in New Mexico, according to a new analysis of aerial data, suggesting that the oil and gas industry may Continue Reading
