Home Tags Oil and Gas
Tag: Oil and Gas
The shock "transmits mainly through the loss in government revenue and exports caused by the drop in oil demand and prices," said Moody's.
These cities, where oil and gas accounts for a large percentage of GDP, could be hardest hit. And the top 5 aren't just in Texas.
Trump wants to provide emergency aid for energy companies as a historic sell-off sends prices to record lows
Trump had previously promised the federal government would help revive an embattled oil and gas sector struggling with low prices.
Power Line: A historic oil price meltdown rattles the oil and gas industry, and this week’s top clean-energy news
This week, we explain how a historic oil price collapse is reshaping the oil and gas industry and lay out the week's top clean energy news.
Oil is on track for its worst week since the financial crisis amid coronavirus panic, global price war
The coronavirus pandemic has weighed on demand as people cancel travel. In addition, a global price war has erupted between Saudi Arabia and Russia.
Climate activists accuse Jeff Bezos of hypocrisy over his $10 billion environment pledge because Amazon works with oil and gas firms
Greenpeace said Jeff Bezos was speaking out of both sides of his mouth on climate change.
Depending on how the coronavirus situation is resolved, "outright demand contraction is now on the table," Pies wrote.
President Nicolas Maduro has considered selling shares of the state-owned industry as the country faces economic crisis, Bloomberg reports.
Energy equities are set to bottom in 2020, and that could mean improved energy equity sentiment later in the year, according to Goldman Sachs.
Apple just got dethroned as the world’s largest public company after Aramco’s dizzying $1.9 trillion IPO
Aramco is worth more than the top US energy firms combined. If it were a country, it would have the world's ninth-largest GDP, ahead of Brazil and Canada.