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Oil heads for longest gain in a month as US supply seen lower

Bloomberg Oil advanced for a fourth day in New York, its longest run of gains in a month, on estimates that US crude inventories continued their decline from record levels seen earlier this year. Futures added as much as 1.2 percent after rising 2 percent in the previous three sessions. Inventories probably dropped by 2.25 million barrels last week, a ...

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Hackers hit 75% of oil and gas drillers

Bloomberg Three out of four oil and natural gas companies fell victim to at least one cyber attack last year as hacking efforts against the industry become more frequent and sophisticated. That’s the finding from a report released by industry consultant Deloitte LLP. Technology advances, such as Royal Dutch Shell Plc’s recent control of operations in Argentina from an operating ...

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Tariffs on solar panels seen slowing industry growth by 66%

Bloomberg A trade complaint asking the Trump administration to impose tariffs on solar panels could devastate the US industry, wiping out two-thirds of solar systems forecast to be installed over the next five years, according to a report by GTM Research. The case, filed by bankrupt panel manufacturer Suniva Inc., would cause equipment prices to spike in the US and ...

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