U.S. President Donald Trump eased his tone about a Russian natural gas pipeline to Germany after a one-on-one meeting with President Vladimir Putin, shifting from the harsh criticism he’d levied in Europe last week.
Oil is poised for the biggest weekly loss in almost five months after escalating trade tensions between the U.S. and China rattled investors while Libya’s plans to boost output allayed some fears of a supply crunch.
Oil fell below $74 a barrel after U.S. President Donald Trump raised the stakes in the trade war against China with the biggest list yet of goods it may hit with higher tariffs.
If the world’s biggest crude exporter says it’s going to ramp up production, prices usually drop. But as Saudi Arabia adds barrels before its customers get burned, prices have jumped. And Donald Trump isn’t happy.
The U.S. shale boom kicked off with natural gas a decade ago, and dry gas production is expected to keep surging by another 60 percent during the next 20 years, according to a new report Wednesday.
The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world.
President Donald Trump has ordered a rescue of the nation’s struggling coal and nuclear power industries, but that doesn’t mean utilities are reconsidering the shutdown of unprofitable plants.
Oil rebounded to trade at the highest level since 2014 as investors focused on how buyers of Iranian crude will react to U.S. sanctions aimed at cutting exports from OPEC’s third-largest producer.
Oil retreated from the highest level since 2014 as investors weighed competing views on whether the U.S. will reimpose sanctions on OPEC producer Iran and the potential consequences of such a decision.
Call it Permian, version 3.0.
Statoil said higher US production helped the Norwegian energy giant increase its first quarter profits by 12.3% to £3.25billion.
Shell said yesterday that it had taken a final investment decision on the 300million barrel Vito project in the US Gulf of Mexico.
The world’s biggest oilfield service companies have a message for investors: There’s a payoff for patience.
The federal royalty rate for offshore oil and gas production from the deepwater Gulf of Mexico will not be reduced, Interior Secretary Ryan Zinke has said.
Aberdeen Renewable Energy Group (Areg) has today announced a collaborative agreement with a national US offshore wind business network.
Saudi Arabia's premier energy companies are planning to invest billions of dollars in their Houston-area petrochemicals operations to take advantage of cheap natural gas feedstocks from West Texas shale fields.
The Trump administration is pushing ahead on getting wind turbines built off the Atlantic coastline, as interest from developers continues to heat up.
The start of spring has heralded the return of liquefied natural gas to the UK.
Russian government-linked hackers have targeted the U.S. energy industry and other sectors critical to running the economy in a new surge of online attacks since at least March 2016, federal agencies said on Thursday.
U.S. shale drillers have locked in higher prices for almost half of the oil they plan to pump this year, with oil hedges climbing above the historical average as producers take advantage of $60 a barrel oil.
Patrick Pouyanne, the pugnacious boss of Total SA, sees risks differently.
Total SA’s chief executive officer may be one of the few major oil heads who isn’t salivating over the booming Permian Basin shale oil field.
A proposal to cut the federal government's take from deepwater oil and gas fields in the Gulf of Mexico is making its way towards Interior Secretary Ryan Zinke's desk.
The world’s hottest oil field, the Permian Basin of West Texas and New Mexico, isn’t without its risks.
The US will soon beat Russia to the title of "world's biggest oil producer", the International Energy Agency (IEA) said, according to a news report.