Analysis: US to be among Japan’s top 10 oil suppliers in May
Refiners took advantage of workable arbitrage The US is set to become one of Japan’s top 10 oil suppliers in May when roughly 2 million barrels of US crude and Continue Reading
Oil and gas: Debt fears flare up
About 600 people packed on to the Machinery Auctioneers lot on the outskirts of San Antonio, Texas, last week to pick up some of the pieces shaken loose by the Continue Reading
Rockefeller Family Fund hits Exxon, divests from fossil fuels
The Rockefeller Family Fund said on Wednesday it would divest from fossil fuels as quickly as possible and “eliminate holdings” of Exxon Mobil Corp, saying the oil company associated with Continue Reading
Exxon Mobil must allow climate change vote: SEC
A sign is seen at the entrance of the Exxonmobil Port Allen Lubricants Plant in Port Allen, Louisiana, November 6, 2015. The U.S. Securities and Exchange Commission has ruled Exxon Continue Reading
Natural Gas Falls as Oversupply Cancels Out Cold Weather Forecasts
Natural gas prices took their second-biggest losses of March with stable weather reports capping a recent rally connected to expectations for strong heating demand. Futures for April delivery settled down Continue Reading
US oil shipments ease despite end to export ban
The US government abolished 40-year-old constraints on crude oil exports in December. But since then less US oil has been put on ships headed abroad. Volumes of US crude exported Continue Reading
VW BUDD-e EV concept makes US auto show debut; 233-mile range
Building on its unveiling at January’s Consumer Electronics Show (CES) in Las Vegas ( earlier post ), the Volkswagen BUDD-e electric vehicle concept is making its US auto show debut Continue Reading
Giant arch to block Chernobyl radiation for next 100 years
A general view shows a containment shelter for the damaged fourth reactor (R) and the New Safe Confinement (NSC) structure (L) at the Chernobyl Nuclear Power Plant, Ukraine, March 23, Continue Reading
Russia, Light on Cash, Weighs Risks of a Heavy Tax on Oil Giants
What’s Behind the Drop? Simple Economics The oil industry, with its history of booms and busts, is in a new downturn. OPEN Multimedia Feature There is little doubt that Russia Continue Reading
Oil search in Arctic is safe claims Statoil
Ice, extreme temperatures and a vulnerable environment are all surmountable challenges as drillers set out to hunt for oil in a new area of Norway’s Arctic Barents Sea, according to Continue Reading