Tag Archives: International

Saudi Arabia and Russia. the two largest producers in the OPEC coalition. voiced concerns that falling oil demand could send prices below $40 bbl as they met in Moscow.

Oil bulls thought 2020 would be their year.

U.S. crude explorers reduced drilling to a 15-month low as oil dipped into bear-market territory.

Texas drillers may have found a solution to the stubborn natural gas glut that’s forced them to either burn it off into the air. or pay others to take it away.

After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.

South Korea said its economic growth faces prolonged downside risks as uncertainty surrounding external conditions grow more than expected.

New codes requiring electric vehicle (EV) infrastructure in commercial buildings have passed an important hurdle. paving the way for a boost in electric vehicle use that can also provide grid benefits.

Last year. the buzz term in the natural gas world was the alarmist cry of stranded assets.

A report released late last week for the nation’s capital calls for a new regulated entity known as a microgrid operator. part of the city’s far-reaching effort to modernize its electric grid.

China announced in March it was going to spin off the pipeline operating assets of the three state oil and gas majors and create a separate entity dedicated solely to this infrastructure.