U.S. energy firms this week added oil and natural gas rigs for the fifth time in six weeks although growth in the rig count over the past few months has slowed as drillers continue to […]
If the idea of environmental, social and governance (ESG) risks has been well telegraphed, they can still lurk in unexpected parts of your portfolio. That’s the message from a new Morningstar paper, which warns that […]
ENB Publishers Note: The upgrades to the United States infrastructure are mandatory. However, can we please review the bill? Normally the Disproportionally Impacted Communities get left out, and the rich get richer, and the poor […]
Source: Graph by the U.S. Energy Information Administration (EIA), based on EIA’s State Energy Data System and Electricity Data Browser and data from the U.S. Census Bureau Although many people spent more time at home during 2020 in response to the […]
Last week, ExxonMobil (NYSE:XOM) reported Q 2 2021 earnings in one of Big Oil’s most anticipated scorecards this earnings season. The United States’ largest oil and gas company posted stellar earnings that proved that the worst for the U.S. shale industry might finally be […]
Source: U.S. Energy Information Administration, Monthly Energy Review and State Energy Data System Energy intensity—calculated as total energy consumption divided by real gross domestic product (GDP)—is a common energy indicator and efficiency measure. In 2020, U.S. energy intensity reached a low […]
Source: Graph by the U.S. Energy Information Administration, based on data from Bloomberg On July 18, OPEC+, which includes most members of OPEC and several non-OPEC members (including Russia), agreed to increase monthly crude oil production starting […]
ENB Publishers Note: Weather (Pun) climate change is real or not is not the discussion we should be concerned about. But rather the total impact of manufacturing “renewable” power. The population around the world is […]
Cabot Oil & Gas Corp. and Southwestern Energy Co. were the latest Appalachian operators to report weak price realizations in the second quarter when pipeline constraints widened basis differentials in the Northeast. U.S. benchmark prices climbed during […]
A potential solution to this problem emerged this week. The Biden administration’s $1 trillion infrastructure bill passed its first hurdle. The bill sets aside $73 billion to modernize the electric grid. Out of that amount, […]
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