Inauguration of a new US$55 billion gas pipeline "Power of Siberia" helps cement increasingly close Beijing-Moscow ties that are moving beyond economics into security.
"The Nordstream 2 natural gas pipeline being built by Russia's Gazprom is nearing completion. Critics of the project, including the US and Poland, fear that the EU will become too dependent on Russian gas."
"Thane Gustafson argues that fuel pipelines foster stability."
"Then there’s the rapid decline of shale-well production. In the top five shale basins, wells that came on in 2018 are declining at their fastest rates yet, according to David Ramsden-Wood, the former COO of Permian producer Franklin Mountain Energy."
"In 2019 through third quarter, 32 oil and gas drillers have filed for bankruptcy, according to Haynes and Boone."