The US shale oil boom is officially over

Gone are the days of explosive growth in US shale oil production. US oil production is increasing, but at a much slower pace than before the 2020 crash, and at lower rates than expected a few months ago. The shale sector’s new priorities – capital discipline, focus on shareholder returns and debt repayment – have … Read more

Countries “furious” at the European Union’s reluctance to consider capping gas prices – Politico

Click play to listen to this article The European Commission has some explanation to do on Friday when the national energy ministers Meets To discuss ways to lower energy prices, several diplomats said. They want to know why Brussels has not yet clarified what the maximum price for imported natural gas might look like – … Read more