News
Energy CEOs speak their mind, laud ‘Trump euphoria’
Energy executives, after avoiding presidential politics for months, have finally begun speaking out on the nascent administration of President Donald Trump. During earnings calls over the past few weeks, several have applauded moves to strip...
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OPEC meets 91 percent of promised output cuts in January
OPEC slashed oil production last month by nearly as much as it promised in November, when the cartel struck its first deal to curb global supply in eight years, an S&P Global Platts survey released...
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Drillers send 17 oil rigs back to work, Baker Hughes says
Energy companies propped up 17 more rigs across U.S. oil patches in Oklahoma, Texas and Colorado this week, Baker Hughes said Friday, as the ongoing drilling surge raised the nation’s rig count to 729. Drillers...
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Market Currents: Venezuela still dodging a default
Happy Nonfarm Friday! Better-than-expected job creation last month is supporting sentiment on this first Friday of February, and crude is being swept along with this, being boosted as well by the announcement of sanctions on...
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Sulfur dioxide emissions from power plants decrease
Sulfur dioxide emissions in the U.S. have decreased significantly in the past decade, thanks to environmental regulations on coal-fired power plants and a rise in natural gas an energy source. Sulfur dioxide, a toxic gas emitted...
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