Panama Canal is making major play to win back lost energy trade

Panama Canal is making major play to win back lost energy trade

The Panama Canal Authority is aiming to lure back lost energy trade with changes to its booking system for LNG canal transits, and with a new LNG pipeline project offering energy and tanker companies an alternative to move the commodity across the critical global shipping gateway. Ricaurte Vásquez, administrator of …

Read more

Russia Is Wooing Western Energy Companies, but Will They Return?

Russia Is Wooing Western Energy Companies, but Will They Return?

Kremlin officials are dangling the prospect of lucrative investment deals for American energy companies, apparently seeking to convince President Trump that large economic gains could come from siding with Moscow in ending the war in Ukraine and scrapping economic sanctions on Russia. There is no doubt that Russia has vast …

Read more

U.S. Oil Production Is Booming. Oil Jobs Are Not.

U.S. Oil Production Is Booming. Oil Jobs Are Not.

For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer true. The country is pumping more oil than ever and near-record amounts of gas. But the companies that extract, transport and process these fossil fuels employ …

Read more