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.
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.
International
Denmark Gives Nord Stream 2 Nod to Restart Pipeline Work
Action removes a key obstacle to bringing Russian gas to Europe.
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.
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.
Trade
New Trade Deal Launches Under Cloud of Disputes, Coronavirus
Tariffs against Canada and labor issues in Mexico raise concerns about USMCA.
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.
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.
Investment
DOE Report Touts Appalachia’s Coal, Petchem Future
Trump administration wants to create a petrochemical hub in the region.
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.