In trying to beat US shale oil producers, Opec has a serious fight on its hands. And it’s only going to get harder.
Last week, natural gas prices sank by 12%, the worst weekly loss in a year, on forecasts of unusually warm weather.
A multi-year glut, which has depressed natural gas prices, is nearing an end.
Industrial gas giants Linde and Praxair are set for a $60bn merger – but regulators won’t give them an easy ride.
The oil and gas-dependent Russian economy shrank by almost 4% last year – and this year isn’t shaping up any better.
The scramble for the Arctic cooled when the oil priced plunged. But the countries on its borders are still jockeying for position, says Simon Wilson.
The oil price has had a good run lately. But with the industry undergoing fundamental changes, we won’t see $100 a barrel any time soon, says John Stepek.
The nascent UK fracking industry has suffered a major setback following Cuadrilla’s failed bid to drill four exploratory wells.
Applying shale techniques to mature conventional oil fields could tap another 140 billion barrels worldwide.
Miner turned businessman, David Lenigas has people worried in England’s southeast over his plans to drill for oil.
Investment guru Jeremy Grantham believes US fracking is a red herring, and oil prices are set to rise.