Shale Major Sees U.S. Oil Production Peaking
Onshore crude oil production in the United States has peaked, Diamondback Energy has said, expecting output to start…
Shell Is Studying Merits of BP Deal as Rival’s Stock Slumps
(Bloomberg) — Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s…
Germany’s Red Tape Creates a Berlin-Sized Hole in Energy
(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of…
Shale Coalition leader knows the drill, advocates for it
Jim Welty, at Marcellus Shale Coalition headquarters in Robinson, is a staunch natural gas supporter. Jim Welty is…
Chevron Slashes Buybacks as Trump Trade War, OPEC Hit Oil
(Bloomberg) — Chevron Corp. will slash share buybacks this quarter after oil prices have tumbled, indicating that President…
Alaska LNG project aims to transform US energy exports to
Japan’s top power generator JERA, the world’s second-largest LNG buyer after China, may consider the $44 billion Alaska…
Woodside gives green light to massive Louisiana LNG project
Woodside Energy Group has approved the development of its Louisiana LNG facility, committing to a $17.5 billion investment…
Cheap Crude Tests U.S. Shale’s Breaking Point
Drilling in the U.S. shale patch is starting to slow down amid weaker oil prices and cost uncertainty…
Thrive or Survive? U.S. Energy Secretary Makes U-Turn on Oil Prices
In the space of ten days, U.S. Energy Secretary Chris Wright has gone from full-throttle shale hype-man to…
Japan Embraces Lab-Made Fuels Despite Costs, Climate
(Bloomberg) — For Japan’s largest utilities, lab-made fuels are a meaningful step toward greener energy that also extends…
Oil Traders Lurch From Praying for Volatility to Drowning in
(Bloomberg) — Until recently, oil traders complained that it was almost impossible to wring profits out of a…
Abu Dhabi Defies Oil Price Plunge to Keep Building Big at
(Bloomberg) — Abu Dhabi has spent the past few years funneling oil revenue into building everything from splashy…