Path for US shale oil supply finds disagreement at Platts summit
Roughly 4,200 miles from the heart of the Bakken Shale, the future of US shale oil became the focus of the Platts Global Crude Oil Summit in London Tuesday. There Continue Reading
Groundwater Contamination from Fracking Changes over Time: Study
A new Texas study has found that horizontal oil wells fractured by the injection of high volumes of chemicals, sand, and water contaminate nearby water wells with a variety of Continue Reading
Global Warming Cited as Wildfires Increase in Fragile Boreal Forest
Climate change is a prime suspect in a rise of wildfires in the boreal forest. Scientists have been warning for decades that climate change is a threat to the immense Continue Reading
How Suncor Has Become The King Of Canadian Oil Sands
Suncor: King of Canada’s Oil Sands Canada’s oil sands are the third largest oil deposit in the world behind Saudi Arabia and Venezuela. The largest oil sands producer in Canada, Continue Reading
Difference between Trump and Clinton as president: One million barrels of oil a day
U.S. oil production is bound for a significant shake up after the presidential election in November, says a senior editor at energy-information provider Platts. “This election is going to have Continue Reading
Total’s Peculiar Power Play
Despite what you might think, Big Oil knows its batteries. The first rechargeable lithium-ion battery to hit the market in the late 1970s came out of Exxon, of all places. Continue Reading
Maersk Oil announcing more layoffs
Danish energy company Maersk Oil announced it was trimming its payroll in an effort to cut costs in response to the pressure from lower oil prices. Crude oil prices in Continue Reading
Norway Increases Oil Wealth Spending to Ward Off Recession
Norway’s government boosted the amount of oil money it will spend this year, dipping deeper into its sovereign wealth fund to ward off a recession. The government in its revised Continue Reading
France Discusses Ban Of Imported U.S. Shale Gas
LNG Imports After French media accuses government of hypocrisy, French Energy Minister Segolene Royal is discussing with French parliament a potential ban on the import of U.S. shale gas. The Continue Reading
Speculative Investors Cut Bullish Crude Oil Price Bets
Speculative investors in oil cut their bullish bets on the price of crude for the first time in a month last week as doubts grew about the sustainability of this Continue Reading