Clifford Krauss
Posts
Why Some Countries Find It Hard to Move Away From Fossil Fuels
Trinidad and Tobago is the No. 2 exporter of liquefied natural gas in the Americas. Its output has been falling, but it remains committed to...
Climate Change Brings Warmer, Wetter Weather to Trinidad
Even as the leaders of Trinidad and Tobago double down on fossil fuels, climate change is bringing more extreme weather to the island nation.
Exxon and Chevron Report More Modest Profits as Oil Prices Ease
The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent...
In Surprise, OPEC Plus Announces Cut in Oil Production
Oil prices soared 7 percent on Sunday night after the group’s move to cut 1.2 million barrels a day.
In Surprise, OPEC Plus Announces Cut in Oil Production
The move is an apparent effort to boost prices. Still, its significance may be slight, especially if the global economy slows.
As Oil Companies Stay Lean, Workers Move to Renewable Energy
Solar, wind, geothermal, battery and other alternative-energy businesses are adding workers from fossil fuel companies, where employment has fallen.
Oil Giants, After Surge in Profits, Are Wary About Spending
Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is already fading.
China’s Oil and Gas Use Fell in 2022 for First Time in Decades
Pandemic lockdowns curbed Chinese energy demand, but the International Energy Agency expects a rebound this year.
Biden Administration to Buy Three Million Barrels of Oil
The move appears to signal an end to the government’s effort to sell oil from a strategic reserve to help tamp down energy prices, which...
Qatar Extends Its Natural Gas Dominance at Russia’s Expense
As its influence grows, the country is poised to become a big energy supplier to Europe, which has turned away from Russia after its invasion...