Low Oil Prices See China’s Oil Output Shrink 7.4%
Chinese Oil Rig China produced 7.4 percent less domestic crude oil in May compared to a year ago, settling at 16.76 million tonnes. This was due to plans by state-owned Continue Reading
U.S., Canada and Mexico vow to get half their electricity from clean power by 2025
The leaders of the United States, Canada and Mexico will pledge on Wednesday that by 2025 half of their overall electricity generation will come from clean power sources, according to Continue Reading
Did new drilling techniques hasten Bakken output fall? — Fuel for Thought
Share About nine months ago, analysts at Petrologica began questioning the oil production data coming out of North Dakota. Faced with low prices, spending cuts and a rapidly falling rig Continue Reading
North Dakota one of the few states adding rigs
North Dakota gained two rigs from last week as stability in the crude oil market brought some players back to shale, state data for Monday show. State data show 30 Continue Reading
Canada oil sands output to grow 42 percent by 2025: report
Canada’s oil sands production will grow by 42 percent to 3.4 million barrels per day by 2025, most of which will come from the expansion of existing facilities rather than Continue Reading
Study Links 6.5 Million Deaths Each Year to Air Pollution
A sobering report released on Monday by the International Energy Agency says air pollution has become a major public health crisis leading to around 6.5 million deaths each year, with Continue Reading
Brexit Brings Chaos to Europe’s Clean-Energy Goals
The departure of the EU’s second-largest economy could have unsettling implications for the Paris climate accord. U.K. voters’ decision to exit the European Union sent shock waves through world markets Continue Reading
Russia, China chart new trade course
China is ready to emerge as one of the larger trading partners with Russia in a relationship that extends from military to energy, the Chinese government said. Russian President Vladimir Continue Reading
French Oil Refining Strike Fills Europe Trading Hub With Crude
French Oil Refining Strike Fills Europe Trading Hub With Crude No empty tanks left in Rotterdam as oil diverted from France Swelling stockpiles add to signs of short-term supply surplus Continue Reading
North Sea Oil Faces Worsening Investment Drought After Brexit
North Sea Oil Faces Worsening Investment Drought After Brexit Second independence poll is ‘very much on the table’ U.K. industry is already suffering a slump in spending The U.K.’s North Continue Reading