Energy Archive

The past year has been a perfect storm for America’s shale gas companies, on both the domestic and international fronts. Record-setting levels of American gas production and consumption in 2019 masked the fact that the industry was already under siege, as years of insufficient returns pushed investors away from financing new drilling and exploration. Meanwhile, newly commissioned projects aimed at exporting liquified natural gas, or LNG, faced headwinds on international markets due to a global supply glut. The COVID-19 pandemic exacerbated these issues, as it further depressed domestic and international demand for natural gas. The collapse in oil prices as […]

Amid its struggles with the public health and economic impacts of the coronavirus pandemic, the United Arab Emirates announced a wide-ranging restructuring of federal government agencies and senior personnel last month. The UAE’s prime minister and vice president, Sheikh Mohammed bin Rashid Al Maktoum, who rules the emirate of Dubai, detailed the shake-up in a series of tweets, saying it was intended to craft an “agile government quick in solidifying the achievement of our nation.” Previous government reshuffles in the small but wealthy Gulf nation were notable for their public relations aspects, such as the creation in 2016 of two […]