Nick Cunningham is an independent journalist, covering oil and gas, energy and environmental policy, and international politics. He is based in Portland, Oregon.
Oil prices rose on Friday after the U.S. and China seemed to hammer out a trade deal that postponed tariffs. But after studying the details…
The International Energy Agency (IEA) cut its oil demand forecast yet again, citing the weakening global economy. In its latest Oil Market Report, the agency…
Halliburton announced that it would lay off 650 workers across four U.S. states due to the slowdown in shale drilling. The oilfield services giant blamed…
Facing possible impeachment, President Trump is trying to patch up his badly damaged relationship with American farmers. On Friday, the Trump administration announced its latest…
New Mexico may be starting to surpass West Texas as the main focus of shale drilling, with rigs decamping from familiar areas in the Permian…
The stakes are high for the global economy as U.S. and Chinese negotiators restart trade talks this week after months of silence and tit-for-tat tariff…
Venezuela’s oil production took another hit in recent days, as the country struggles with brimming storage tanks and no buyers. PDVSA slashed output in the…
Saudi Aramco has fully restored the damaged production from the Abqaiq and Khurais facilities from just a few weeks ago, an impressive turnaround in such…
The growth in U.S. shale production is grinding to a halt as low prices put drillers in a financial vice. The slowdown has been unfolding…
Oil prices have fallen sharply over the past week, as the swift return of disrupted Saudi oil production allowed markets to look past geopolitical risk.…
Oil prices continued to slide on Wednesday, falling on a string of worrying economic news. Markets were peppered with troubling data from September at the…
The last three years has been the worst stretch of time in seventy years for new conventional oil discoveries. A new report from IHS Markit…
U.S. oil production fell in July, another worrying sign for the shale industry. The latest EIA data shows that oil output fell sharply in July,…
Oil prices fell again on Monday on waning hopes of a breakthrough in the U.S.-China trade war. Late last week, Bloomberg reported that the Trump…
The oil majors have been piling into bets on natural gas in recent years, viewing gas as a more durable source of demand growth than…
Oil prices fell sharply on Friday on easing tensions in the Middle East after a rather surprising turn of events. Saudi Arabia is implementing a…
Despite years of burning through cash, and the deep sense of anxiety within the shale industry itself, Goldman Sachs says the current down market represents…
The oil industry came under fire from climate activists, investors and global leaders at the UN General Assembly in New York in recent days. Oil…
Oil prices fell back even more mid-week as Saudi Arabia says it’s ahead of schedule to make the necessary repairs to the Abqaiq facility. The…
The financial stress sweeping over the U.S. shale sector has led to a sharp contraction in activity. Oil and gas activity in Texas and parts…