With U.S. production growth for oil and natural gas out-pacing refining capacity and domestic demand, respectively, the United States is on a path to assume a position among the largest global exporters of both commodities over the next few years. These are among the findings of a new report previewed this week by DrillingInfo, a Texas-based provider of […]

While Berlin has postponed for a third time the launch of the highly anticipated coal commission, a leaked document obtained by EURACTIV.com shows that the roadmap focuses more on the restructuring coal-dependent German regions than on reducing CO2. After the latest postponement, the government is now expected to appoint the coal exit commission on Wednesday (6 […]

Shares in Sungrow Power Supply and GCL-Poly Energy Holdings led Chinese solar power stocks lower in mainland China and Hong Kong on Monday, after the government moved to rein in the expansion of the industry, by suspending the construction of new farms and cutting subsidies in a surprising decision. Sungrow Power, the country’s biggest maker […]

U.S. shale oil drillers are boosting efficiency with giant pads and walking rigs, lowering prices to a point that could soon hurt exporters like Saudi Arabia. A fracking operation in Midland, Texas. The Permian Basin recently passed 3.1 million barrels a day of output. PHOTO: JAMES DURBIN FOR THE WALL STREET JOURNAL What doesn’t kill you makes […]

European plans to tackle vehicle emissions that cause climate change are at risk of coming undone, sending car manufacturers such as Daimler and BMW back to the drawing board to avoid potential fines. A series of events over the past weeks have highlighted the region’s struggle to contain greenhouse gases and air pollution, wrong-footing automakers […]

Germany’s task force for phasing out coal was meant to launch this week, but yesterday the government quietly announced it is delaying the kick-off. It is the third time the coal exit commission’s launch has been delayed. German coal power plants, source: Stepmap The task force has become so controversial – even before it comes […]

The biggest oil stocks may be about to hit the next oil bonanza after initially missing the shale boom. Consider this: Crude prices can fall to $35 a barrel, less than half current levels, and Royal Dutch Shell (RDSA) could still profit off a deepwater oil project in the Gulf of Mexico. Shell gave the final green light […]

Germany struggles to get its highly anticipated coal exit task force on track. The government on Wednesday postponed at the last minute the official launch of the phase-out commission for the third time. The quarrels over the commission’s leadership and remit bear witness to the enormous task ahead, and also foreshadow difficult negotiations. However, the government insists […]