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…
Stocks Rebound Fizzles as Trump Goes on Offensive: Markets
(Bloomberg) — A rebound in US stocks evaporated this week after Chair Jerome Powell pushed back on the…
Fracker Liberty’s Profit Falls to 3-Year Low as Oil Slumps
(Bloomberg) — Shale fracker Liberty Energy Inc. posted its worst earnings in three years amid plunging oil prices…
Trump’s Tariffs Just Torched His Own Energy Agenda
The Trump Administration insists that U.S. shale will survive lower oil prices and could work well and innovate…
US Oil Production to Peak in 2027, Natural Gas by 2032: EIA
The idea of peak oil is familiar to most readers. It refers to the point at which global…
Vista Buys Petronas’ Argentina Oil Stake in $1.5 Billion
(Bloomberg) — Vista Energy, the No. 2 crude producer in Argentina’s burgeoning Vaca Muerta shale basin, has acquired…
Woodside hires Mexico Pacific CEO Sarah Bairstow as
Australia’s largest independent oil and gas company Woodside Energy has appointed Sarah Bairstow, the CEO of Mexico Pacific,…
Did Oil Markets Overreact to Trump’s Tariffs?
Last week’s price crash, which saw Brent Crude prices dip below $60 per barre, was an excessive market…