Oil refiners slash output as fuel demand plunges
Production
The bottom has fallen out of fuel demand as airlines around the world ground flights and millions of people are
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Permian Basin output continues to rise
Production
US oil output from the Permian Basin is expected to rise next month, according to government figures, helping to push
US shale producers face uncertain future
Production
Monday’s oil-price crash could knock numerous US shale oil producers out of business, according to observers. High-cost US shale operators
Nord Stream 2 hopes rest on tiny vessel
Industry
Russia’s only pipe-laying vessel equipped with a dynamic positioning system, the tiny Akademik Cherskiy, is travelling from the Pacific coast
US fracking giant feels pain of price crash
Production
Occidental Petroleum has cut quarterly dividends to investors for the first time in 30 years after Monday’s oil price crash.
Ukraine lobbies US to block Nord Stream 2
Policy
The US and Ukraine are discussing moves to block Russia’s Nord Stream 2 pipeline to Germany. Andriy Kobolyev, CEO of
US solar sector reports 2.3% jobs boost
Environment
The US sector employed almost 250,000 people last year, a 2.3 per cent increase from 2018, the Solar Foundation reported.
Hyundai signs three hydrogen vehicle deals
Storage
Hyundai says it is set to build two hydrogen-powered trucks by 2023 and add 10 more in the following year
Delta makes $1bn carbon-neutral pledge
Industry
Delta Airlines says it will become the first carbon-neutral US airline after committing to a US$1-billion programme to mitigate all
US backs gas extraction in Cyprus
Policy
A US energy envoy has said Washington sees Cyprus as a vital player in regional energy supplies. “Cyprus has an
Pompeo offers to supply all Belarusian oil and gas
Consumption
US Secretary of State Mike Pompeo (pictured) has offered to provide Belarus with all its oil and gas needs after
US stockpiles fall but Chinese virus cuts demand
Consumption
US stockpiles of commercial crude oil fell by about 400,000 barrels last week, which analysts said could reverse this week’s
US city to consider ban on gas heating
Policy
The coastal US city of Bellingham (pictured) in Washington State is discussing a ban on all natural gas for residential
Aramco shares tumble after Soleimani killing
Production
State-owned Saudi Aramco shares closed more than 10 per cent below last month’s highs as the fallout from the assassination
Iran reprisals expected against US: analysts
Consumption
The US killing in Iraq of the Iranian military leader, General Qasem Soleimani, could boost oil prices amid serious reprisals