US drillers scrambling to thwart OPEC threat

OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the U.S. one of the biggest booms in the history of the global oil industry.

Why Nigeria urgently needs to grow non-oil exports

The economy of Nigeria has had to navigate a major crisis that started with the collapse of oil prices in 2014 and was worsened by the ongoing restiveness in the oil rich Niger-Delta region.

Scholar calls for adjustments to energy forecasting

M. Granger Morgan wants to bring uncertainty back to energy forecasting. Morgan, a professor at Carnegie Mellon, has spent his career investigating climate change and the energy system and understands how difficult it is ...

Cheap oil is blocking progress on climate change

The relationship between supply and demand, a fundamental economic concept, holds that when the price of something rises, people use less of it. Similarly, when prices fall, they use more.

Shell says profit jumps on high energy prices

Energy major Royal Dutch Shell said Thursday that profits leapt by about two thirds in the first quarter of 2018, energised by resurgent crude oil and gas prices.

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