Economics/Statistics
News
December 06, 2021
High fossil-fuel prices may jeopardize efforts to pivot to cleaner renewable energy sources, the leader of one of Europe’s largest oil companies warned.
News
December 06, 2021
U.S. natural gas collapsed to the lowest level in more than four months as record-high temperatures kill heating demand ahead of winter.
News
December 06, 2021
The Biden administration’s efforts to lower energy costs takes a step forward Monday, with bids due for the first 32 million barrels of crude planned for release from federal stockpiles.
News
December 06, 2021
With the ink hardly dry on a landmark pledge by the finance industry to fight climate change, the world’s biggest banks are making clear they plan to stand by their fossil-fuel clients.
Article
December 2021
U.S. operators rein in spending
Article
December 2021
Gas bulls feasting, as production nears all-time high
Article
December 2021
After the debacle that 2020 was for so many companies and professionals in the global E&P industry, there was great hope that there would be recovery this year that would gain in momentum, as the months went by. Instead, what everyone got was a muted recovery, as U.S. operators and OPEC+ members exerted uncharacteristic restraint with regard to drilling and production, respectively.
Article
November 2021
You can’t have it both ways
Article
November 2021
OPEC in the energy transition: What have we learned from the pandemic?
Article
November 2021
Joe Biden: “I did that!”
Article
October 2021
President Joe Biden – clueless as ever – is using the UN COP26 summit as an opportunity to tout “green energy” while ignoring the looming threat of a global energy shortage and pretending bad actors like China and Russia are holding up their end of the bargain.
News
December 03, 2021
It’s been a roller-coaster ride for natural gas this year, with most of the time spent climbing to newer heights. The worst is far from over with frigid winter weather on the horizon for many parts of the world, while fears remain that the market may stay out of balance through much of next year.
News
December 03, 2021
Saudi Arabia raised oil prices for buyers in Asia and the U.S., signaling it sees demand staying strong despite the spread of the omicron variant of the coronavirus.
News
December 03, 2021
Oil jumped after the OPEC+ alliance left the door open to reversing its decision to boost output, with the impact of the omicron Covid-19 variant on demand remaining highly uncertain.
News
December 02, 2021
Exxon Mobil Corp. will award U.S. employees below-inflation pay increases in early 2022 despite a strong rebound in earnings over the past 12 months.
News
December 02, 2021
Petroleos Mexicanos is replacing its finance chief as President Andres Manuel Lopez Obrador tightens his grip on the struggling state oil giant.
News
December 02, 2021
Chevron Corp. boosted its planned share buyback to as much as $5 billion per year, as the oil giant uses higher commodities prices to step up returns to investors rather than investing in production growth.
News
December 01, 2021
Shale drillers’ newfound commitment to production discipline appears to be paying off as crude plunges toward a bear market.
