Energy

American shale drillers, which defied expectations and upended oil markets by increasing production in the face of lower prices, are finally showing signs of slowing down.

Mexican state oil company Petróleos Mexicanos’ secured partners Wednesday to increase oil production at mature onshore oilfields in southern Mexico, while an auction to join forces with private companies in two offshore fields received no bids.

TransCanada said it would end efforts to develop two Canadian energy pipeline projects after facing regulatory delays.

Oil prices fell to a two-week low Wednesday as investors continued to cash in on last week’s bullish market and retrace crude’s upward march.

The White House said President Donald Trump has confidence in Secretary of State Rex Tillerson, a day after Mr. Trump said the chief diplomat was “wasting his time” by trying to negotiate with North Korea.

Oil prices pulled back, weighed down by a strong dollar and data pointing to rising global production.

Oil investors got a reprieve from falling oil prices in the third quarter, thanks to unexpectedly strong demand for crude and signs of ebbing U.S. production.

The Trump administration is urging independent energy regulators to change how electricity is priced, proposing new rules that would bolster revenue for coal-fired and nuclear power plants.

Oil prices moved into the red, erasing much of this week’s gains as investors took profits.

Chevron named Michael Wirth, an engineer and longtime operator of a vast network of refining and pipeline assets, as its next chief executive.

Australia’s Origin Energy Ltd. is selling its conventional oil and gas production business for $1.24 billion to slash debt and focus more on exports of chilled coal seam gas to Asia.

Australia’s government held back from imposing curbs on exports of liquefied natural gas after producers agreed to put more gas into the domestic market to ease energy shortages.

Iraqi Kurdistan’s independence referendum prompted Turkish President Recep Tayyip Erdoğan to threaten to cut off the region’s petroleum exports and Baghdad to call for a de facto boycott of Kurdish crude.

As residents of Puerto Rico grapple with power outages across all of the island, the task of turning the lights back on falls to an electrical utility beset by rickety infrastructure, workforce reductions and deep financial woes.

China said it will reduce oil exports to North Korea in accordance with United Nations sanctions, squeezing an important source of economic support as Pyongyang pushes to build up its nuclear arsenal.

President Trump’s pledge to offer American companies more aggressive protection from foreign competition got fresh ammunition Friday, when a government board cleared the way for him to deploy a long-dormant legal weapon to restrict solar panel imports.

Oil prices wobbled between small gains and losses after the Organization of the Petroleum Exporting Countries and its allies didn’t make a recommendation on whether the group should extend its oil cuts.

Rising output in strife-torn Libya and Nigeria is threatening the cartel’s bid to cut off oil supplies and balance the market.

Mark Mills says there are no big technology gains possible given the physics we know today. Yes, and in 1963 we didn’t begin to have the technology to go to the Moon.