The volume of North Dakota’s natural gas production that is flared has fallen sharply in both absolute and percentage terms since 2014. In March 2016, 10% of North Dakota’s total Continue Reading
The way we get electricity is about to change dramatically, as the era of ever-expanding demand for fossil fuels comes to an end—in less than a decade. That’s according to Continue Reading
Harbir Chhina helped develop the game-changing steam technology that allowed companies to tap the world’s third-largest reserves in Canada’s oil sands. It was a moonshot that paid off. Now the Continue Reading
The readers of “The Doomstead Diner” are very skeptical about the possibility of a rapid transition to a 100% renewable powered world. 54% of them say that it is impossible. Continue Reading
The oil market just hit a yellow light. Crude’s more than 90 percent from a 12-year low earlier this year has U.S. shale producers starting to return to their drilling Continue Reading
The chorus of doom surrounding the financial future of the oil sector added another voice last week, the consulting firm McKinsey & Co. The firm revised earlier rosy predictions and Continue Reading
Remember peak oil theory? It was all the rage just a few years ago. Serious books were devoted to the idea that the world was running out of crude. Deep Continue Reading
Unplanned global oil supply disruptions averaged more than 3.6 million barrels per day (b/d) in May 2016, the highest monthly level recorded since EIA started tracking global disruptions in January Continue Reading
Cash-strapped U.S. oil and gas companies, including No. 2 natural gas producer Chesapeake Energy Corp, are expected to cut their debt piles this year as a long-awaited rise in the Continue Reading
Oil investors are finally buying into the notion that the biggest risk to the price now is likely to be supply falling short of demand, rather than from any stubborn Continue Reading
