Trump, oil and Tariffs
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US regulatory actions to ensure oil and gas pipeline safety have plummeted to a record low for the start of a presidential administration as Donald Trump pushes to streamline the government and cut red tape.
OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its longer-term view, based on rising consumption in the developing world, and said there was no sign oil use had reached its peak.
Many groups, including the International Energy Agency, predict that the world’s peak oil production is close, and global oil demand will drop starting in the next decade as more renewables come online.
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.
The Energy Minister has written to the owners of the ill-fated Prax Lindsey Oil Refinery calling on them to "do the decent thing" and financially support affected workers after the company filed for insolvency.
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The U.S. Interior Department is taking steps to make it easier for oil and gas companies to "commingle" multiple U.S. onshore drilling lease applications.
What if, instead of treating data as something to exploit, we began to see it as something to nurture—as a living part of a broader ecosystem of innovation?
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks appeared contained.
Industry regulator The North Sea Transition Authority (NSTA) has identified a backlog of more than 500 wells that require plugging.
Americans are turning to krill oil over fish oil for omega-3s and potential heart health benefits, reduced inflammation and brain and nervous system support.