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FRACKING BOOM
Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...- Lessons learned in 70s have made US, world economies less vulnerable to oil shocksThe world economy is experiencing a significant oil price surge reminiscent of the 1970s. However, countries are now better prepared. Decad...
- 'Drill, baby, drill' is Trump's prime agenda in his second term. What is it?In his second term, drill, baby, drill is Donald Trump's one of prime agendas- to have energy independence and energy dominance. Trump's 20...
- Here’s why Donald’s Trump's ‘Drill, Baby, Drill’ plan may not be able to fix gas prices and inflationPresident-elect Donald Trump vowed to combat skyrocketing consumer prices with a straightforward plan: 'Drill, baby, drill.'
- Trump names fossil fuel executive Chris Wright as energy secretaryPresident-elect Donald Trump has chosen Chris Wright, a fossil fuel executive and campaign donor, to be his next energy secretary. Wright, ...
- Hungry for clean energy, Facebook looks to a new type of geothermalTech giants in the US, such as Meta and Google, focus on geothermal energy to power their data centers as they struggled with finding clean...
- Commodities are the cheapest asset class in the world now: Jim Rogers"If you can find the right shares that are cheap and that have not moved, you will probably make a lot of money. But commodities are the ch...
- Donald Trump intensifies fracking assault on Joe Biden in PennsylvaniaTrump's fracking play comes as polls show the president is struggling to overtake Biden in Pennsylvania and is in need of a boost from the ...
- Joe Biden calls for 'transition' from oil, GOP sees openingThe Biden campaign's climate plan calls for the U.S. to have net-zero greenhouse gas emissions by 2050. He also repeated his pledge to end ...
- Schlumberger slashes over 21,000 jobs amid coronavirus pandemic oil routThe job cuts announced on Friday, about a quarter of its entire workforce, puts the number of people employed by the world's largest oilfie...
- View: The oil age is coming to a closeReduced demand for crude will send prices plunging, cutting into profits at oil extractors and refiners.
- With China in mind, Donald Trump and PM Modi announce elevated consultationDonald Trump called Narendra Modi amid domestic political turmoil in both countrieostensibly to congratulate Indians on the country’s Indep...
- West Asian crude proving pricier than US shale oilIndian officials say that even after factoring in the distance, US oil is working out to be cheaper than Middle East oil.
- $20 billion investment in shale was a mistake: Jacques NasserAustralian wealth management group Escala and fund Tribeca Investment Partners have also campaigned for a revamp at BHP, calling for board ...
- Ferraris to Jaguars purr on US roads with fuel boost from AsiaThe U.S. imported almost 10 times as much of those gasoline components from the Asian oil-trading hub of Singapore in 2015 compared with a ...
- India must prepare for a recessionNon-Opec production has risen sharply, led by the US fracking revolution that has added four million barrels per day to world production.
- How an accounting rule is vanishing billions of barrels of oilThe US shale revolution, which brought the country closer to energy self-sufficiency, was built on money borrowed against the promises of f...
- Once-bullish fund managers start to capitulate on oil pricesThe capitulation of fund managers comes at a time when retail and professional investors are diverging when it comes to predicting the pric...
- From emu farms to guar crops: Why the desert is fertile for Ponzi schemesThe more arid the land, the more it is prone to Ponzi schemes, from cactus bugs to emu farms to guar crops. The history of busted dryland d...
- Guar: Farmers mint money from common man's foodThe reason is that the guar seed has become a lubricant for the multibillion shale oil and gas drilling where its used for the 'fracking' p...
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