United States

Tuesday, May 5th 2015 - 06:34 UTC
Brazil pledges rule changes to make oil exploration and production concessions more dynamic

Brazil's government is discussing changes to its oil regulations but any new rules will not be in place before an October auction of exploration and production concessions, the country's energy minister Eduardo Braga said on Monday.
Monday, May 4th 2015 - 14:16 UTC
Avian flu in the US: third state declares state of emergency

State of Iowa Governor Terry Branstad declared a state of emergency due to a rapidly expanding avian flu outbreak, saying the entire state was at risk from the spread of the disease.
Saturday, May 2nd 2015 - 07:16 UTC
US environmental group petitions SEC to investigate Shell' info to investors on Arctic drilling

An environmental group and a law clinic petitioned the U.S. Securities and Exchange Commission to investigate whether Royal Dutch Shell has adequately disclosed to investors the risks of oil exploration in the harsh Arctic waters, the groups said this week.
Saturday, May 2nd 2015 - 07:09 UTC
Why the US should worry about oil sector jobs

Outside of individual's holding oil stocks, damage to the economy from the fall in oil has been pretty minimal so far. Indeed, the price cut in home heating oil and gasoline has probably outweighed the damage from lower oil prices… so far. Unfortunately, this situation may not last.
Friday, May 1st 2015 - 06:38 UTC
Time magazine front page re-edits 1968 picture to describe 2015

Time magazine used for its next issue an image covered by a regular citizen and aspiring photographer named Devin Allen where police force can be seen chasing a young black man. It would be a dated image if it weren´t for the validity that it recovered these past few months- and days- in the US.
Thursday, April 30th 2015 - 01:51 UTC
US economy slows down to 0.2% growth in the first quarter, but forecast is optimistic

The US economy “all but stagnated” in the first three months of the year, growing at an annual rate of just 0.2%, official figures show. The growth figure was far lower than expectations, which had forecast growth would be about 1%. Harsh winter weather for a second year dampened consumer spending, while energy companies struggling with low oil prices cut investment.
Thursday, April 30th 2015 - 01:24 UTC
Fed leaves interest rate at record low following two-day meeting

The US Federal Reserve has kept its target interest rate at a record low at the end of a two-day policy meeting in Washington, DC. The US central bank has indicated it will raise rates soon, as long as the US economy continued to grow, but the timing of the increase remains uncertain.
Tuesday, April 28th 2015 - 05:04 UTC
New York dims lights in high buildings to help birds' migration

The state of New York is to turn off non-essential lights in state-run buildings to help birds navigate their migratory routes in spring and autumn. Migrating birds are believed to use stars to navigate but they can be disorientated by electric lights, causing them to crash into buildings.
Tuesday, April 21st 2015 - 07:12 UTC
New York governor and a large business delegation land in Havana

Governor of New York Andrew Cuomo arrived in the Cuban capital on Monday heading a large delegation of business people interested in learning firsthand the Cuban reality and making contacts for future business endeavors. Cuomo was welcomed at the José Martí International Airport by Josefina Vidal, head of the USA desk at the Cuban Foreign Ministry.
Monday, April 20th 2015 - 06:57 UTC
Has the U.S. reached “peak oil” at current price levels?

The United States Energy Information Agency once again capitulated on the myth that rig counts don't matter and the productivity of wells would largely offset, leaving the industry on a continuous path to higher output. The current consensus of 500,000 B/D additional growth in 2015 US production now appears very much at risk.