The Latest

Business

US Oil Industry Loses Jobs While Other Sectors Gain

Political swing states are among those hardest hit as oil and gas employment continues to fall, analyst says.

July 6, 2020

Infrastructure

US Court Orders Dakota Access Oil Pipeline to be Shut Down, Emptied

DAPL is the largest oil pipeline running out of North Dakota’s Bakken shale basin and Native American tribes and environmental groups have long protested the line's construction.

July 6, 2020

International

Denmark Gives Nord Stream 2 Nod to Restart Pipeline Work

Action removes a key obstacle to bringing Russian gas to Europe.

July 6, 2020

Investment

Alberta Premier Looking for US Democratic Support of Keystone XL Pipeline

Earlier this year, Alberta had said it would invest $1.1 billion in Keystone XL and back TC Energy's $4.2 billion credit facility.

July 6, 2020

Crude Oil

Venezuela’s Oil Exports Sank in June to 77-year Low

The fall in oil exports has starved the socialist government of President Nicolas Maduro of its main source of revenue, contributing to an economic collapse.

July 2, 2020

Trade

New Trade Deal Launches Under Cloud of Disputes, Coronavirus

Tariffs against Canada and labor issues in Mexico raise concerns about USMCA.

July 2, 2020

Investment

Exxon Mobil, Princeton Energy Center Renew Collaboration to Advance Low-carbon Energy Solutions

Exxon Mobil and Princeton University’s Andlinger Center for Energy and the Environment have renewed their collaboration to research lower-emission technologies and energy solutions, the company said on July 2.

July 2, 2020

Investment

Global Oil Demand Likely Peaked in 2019, Energy Consultancy Firm Says

Norway-based consultancy DNV GL said global energy use would be 8% lower in 2050 than previously expected due to the impact of the pandemic.

July 1, 2020

Investment

DOE Report Touts Appalachia’s Coal, Petchem Future

Trump administration wants to create a petrochemical hub in the region.

July 1, 2020

Investment

Oil and Gas Investor At Closing: OPEC’s Dilemma, Shale’s Hope

Even for the leanest, meanest oil and gas producer sitting on the best assets in the land, fate hinges on the nature of the recovery.

July 1, 2020