Global Energy Industry News

U.S. oil rig count to peak soon unless WTI prices rise: Kemp

June 1, 2017
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By hellenicshippingnews.. U.S. exploration and production companies have hired an extra 400 rigs to target oil-bearing formations since the end of May 2016, according to oilfield services company Baker Hughes. The number of active oil-directed rigs has more than doubled over the last year, from […]

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Trump has little to gain and much to lose by backing out of Paris Agreement, analysts say

June 1, 2017
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President Trump would score some political points by backing out of the Paris Agreement, but would rile U.S. allies. Read full story ›

Source:: CNBC energy […]

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Ultra-light, ultra-thin solar cells offer glimpse of the future

June 1, 2017
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At MIT, researchers want to transform the way we think about solar power. Read full story ›

Source:: CNBC energy […]

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Oil futures rise on U.S. stockpile draw, doubts over climate accord

June 1, 2017
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By hellenicshippingnews.. Oil futures rose on Thursday from a three-week low touched the previous session, buoyed by expectations the United States could pull out of a global climate accord and by a report that showed U.S. crude stockpiles had fallen more than expected. Trump said he […]

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