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US shale oil production sees cuts happening way too fast

Bloomberg In brokering the end to the global oil-price war last month, the Trump administration assured leaders that America’s shale patch would throttle back production. But few expected that the cuts would run this deep — and happen so quickly. Drillers are laying down rigs and shutting in wells at a frantic pace in response to the plunge in oil ...

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Mexico grants powers for public utility

Bloomberg Mexico has fast-tracked measures granting more authority to the state utility at the expense of clean energy companies, ignoring regulator and industry concerns over the economic and environmental impacts of the new measures. The proposal by the Energy Ministry was approved and published in Mexico’s official gazette. It comes after the National Commission for Regulatory Improvement, known as Conamer, ...

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Coronavirus isn’t the end of your career!

For the hotel chef who can’t afford his nine prescriptions, losing a job could be a matter of life and death. Even among the employed, fear of what’s around the corner is almost as paralysing. It’s enough to put the minor inconveniences of working from home — the unrealistic homeschooling curricula, the crick in your lower back, the maddeningly slow ...

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