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Crude Oil
OPEC+ Debates Biggest-Ever Oil cut, Awaits U.S. Efforts
Russian Energy Minister Alexander Novak told Russian state media that he understands the United States has legal restrictions on output cuts, but it should sti…
Oil Price
Oil Falls on Scepticism over Trump's Saudi-Russia Output Deal
Oil prices fell on Friday, coming off their biggest one-day gains in the previous session, after U.S. President Donald Trump said he had brokered a deal between…
Oil & Gas Trade
Saudi Arabia and Russia Signal Readiness to Cooperate on Oil
Saudi Arabia and Russia signalled on Thursday they were ready to cooperate to help stabilise the oil market after calls with U.S. President Donald Trump to disc…
Oil Shale
U.S. Shale Company Whiting Becomes First Major Bankruptcy of Oil-Price Crash
Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil pric…
Wind Farm
New Wind Farm Brings More Power to Senegal
Senegal is among the African nations trying to increase access to electricity for its population. U.S. officials estimate about 35% of the country’s 16 million…
Oil Shale
The U.S. Can’t Afford To Let Shale Fail
They have seen their market shares erode as the shale boom made the U.S. the world’s largest producer of crude oil.
Oil Price
The U.S. is About to Lose its Place as the World's Largest Oil Producer
The United States may lose its top spot among oil producers globally this year, according to economists.
Oil Price
U.S. Crude Dips Below US$20 as Lockdowns Wipe Out Demand
Oil prices fell sharply on Monday, with U.S. crude briefly dropping below US$20 and Brent hitting its lowest level in 18 years, on heightened fears that the glo…
Oil Price
Russia’s Plan To Bankrupt U.S. Shale Could Send Oil To $60
As soon as U.S. shale leaves the market, prices will rebound and could reach $60 a barrel, Rosneft’s Igor Sechin said recently.
Global Coal Capacity is Booming Thanks to China and Japan
Japan and China are becoming the drivers of new coal-fired capacity worldwide, even as the U.S.
Coal Trade
U.S. Coal Exports Declined in 2019
In 2019. U.S. coal exports declined to 93 million short tons, a 20 percent decrease from the previous year, according to the U.S.
Oil Price
The Cheapest Way For Trump To Save U.S. Oil
The President of the United States has the power, at his sole discretion without any other authority, to place a fee on imported oil or products.
U.S. EPA Considers Delaying Compliance Deadline for Biofuels Law
The U.S. Environmental Protection Agency is considering whether to delay the deadline for oil refineries to comply with the nation’s biofuel regulation past Ma…
Nuclear Power Plant
COVID-19 Threatens Outages Scheduled at 97% of U.S. Nuclear Plants in 2020
Challenged by the COVID-19 pandemic, the U.S. nuclear industry has asked the Trump administration to ensure nuclear workers, suppliers, and vendors will have ac…
Oil Price
Can The U.S. Convince Saudi Arabia To End The Oil War?
US Secretary of State Michael Pompeo is applying verbal pressure to Saudi Arabia, encouraging the Middle Eastern country who started the oil price war to “rise…
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