Economics/Statistics
News
April 29, 2022
Russia’s crude oil exports in the first 28 days of April jumped more than 17%, with hikes recorded for flows via all key pipelines and ports even as the nation’s production declined.
News
April 29, 2022
After driving up prices for everything from steel pipes to frac sand to labor, inflation has finally ensnared the centerpiece of oilfield equipment: the drilling rig.
News
April 20, 2022
The energy crisis triggered by Russia’s invasion of Ukraine is increasing the world’s motivation to shift to low-carbon energy, but is also creating a near-term scramble for fossil fuels that will drive billions of dollars of new investment.
News
April 08, 2022
The owners of an oil-production and storage ship had a history of financial problems before the vessel blew up in Nigerian waters two months ago.
News
April 07, 2022
Shell Plc said its withdrawal from Russia will result in $4 billion to $5 billion of impairments, while also warning investors that extreme energy price volatility in the first quarter could hit cash flow.
News
March 31, 2022
The U.S. will release roughly a million barrels of oil a day from its reserves for six months beginning in May, a historic drawdown underscoring White House concern about rising gas prices and supply shortages following Russia’s invasion of Ukraine.
News
March 24, 2022
The Chicago City Council voted to ban city investments in coal, oil and gas companies in an effort to combat climate change.
News
March 23, 2022
U.S. shale drillers are incurring record labor and equipment costs so they can cash in on the highest oil prices in 14 years.
News
March 21, 2022
The council believes new metrics and ESG disclosures should not be a government-led activity, rather it needs to be a public-private partnership to assure goals and expectations are real, achievable and predictable.
News
March 18, 2022
Soaring oil prices are padding the fortunes of U.S. shale and gas tycoons, even vaulting one into the ranks of the world’s 500 richest people for the first time.
News
March 17, 2022
Commodities trader Pierre Andurand sees a path for crude oil to get to $200 by the end of the year as historically tight markets struggle to ramp up production and replace lost supply from Russia.
News
March 03, 2022
California, already paying record prices for motor fuel, is set to shell out even more with the Golden State more exposed to surging oil prices than the rest of the country in the wake of Russia’s invasion of Ukraine.
News
March 02, 2022
The CEO of the Energy Workforce & Technology Council, said she agrees with President Biden and the need to optimize reliance on domestic resources, but that must also include energy resources.
News
February 22, 2022
After watching big banks curtail lending and asset managers pare bets, fossil fuel producers are now losing access to some of Wall Street’s deepest pockets.
News
February 17, 2022
BlackRock Inc., one of the leading advocates of sustainable investing, is on a mission to persuade Texas that it’s a strong backer of the oil and gas industry.
News
February 10, 2022
TotalEnergies SE promised to increase its dividend and buy back more shares after posting a record fourth-quarter profit.
News
February 09, 2022
New York’s $280 billion state pension fund will divest more than $238 million in shares and bonds of oil and gas companies.
News
February 09, 2022
A recent GlobalData report shows a 77% increase in contract value but a 14% decrease in the number of contacts.
News
January 28, 2022
Triple-digit oil prices are possible in the next few months as geopolitical risks and “struggling” supply hit global crude markets, said Chevron Corp.’s top executive.
News
January 27, 2022
U.S. natural gas futures suddenly spiked the most on record Thursday afternoon, a dramatic move that signaled bearish wagers being squeezed out of the market.
News
January 27, 2022
The combined shares of five of the largest oil sands companies have outpaced the broader S&P 500 Energy Index over the past three months. The 25% surge comes as U.S. crude oil prices approach $90 a barrel for the first time since 2014.
