Saudi Oil Minister Shrugs At U.S. Shale Recovery
When OPEC decided not to cap output in 2014, flooding the market with oil, it was trying to drive higher-cost producers – most notably U.S. shale – out of profitability Continue Reading
Bombings halted pumping at Colombia’s Cano-Limon oil pipeline
Bomb attacks last week halted pumping operations along Colombia’s second most important oil pipeline, the Cano-Limon Covenas, state oil company Ecopetrol said on Sunday. The company did not say who Continue Reading
Russia Wrests Crown of Top China Oil Supplier From Saudi Arabia
Russia overtook Saudi Arabia as China’s top oil supplier last year for the first time ever amid the ongoing battle for market share in the world’s biggest energy market. Russia Continue Reading
Is the Closing of Indian Point a Gain or Loss?
Reading “Nuclear Power Sounds the Retreat” (Business & Finance, Jan. 10), I was reminded of Paul Valéry’s observation that a difficulty can be a light. The coming closure of Indian Continue Reading
OpEd: Even Trump’s Hands Can’t Shape All of Oil, Gas’ Issues
President Donald Trump made a lot of campaign promises about a new oil and gas renaissance in the US, but there remain factors well beyond his control that impact commodity-based Continue Reading
Arctic-Drilling Fever Roars Back as Republicans Target Preserve
Far above the Arctic Circle, one of the longest-running controversies in US oil drilling is about to reignite. (Bloomberg) — Far above the Arctic Circle, one of the longest-running controversies Continue Reading
Trump’s energy policies incur anxiety, spark criticism worldwide
Shortly after new U.S. President Donald Trump was inaugurated, the White House website published the America First Energy Plan, which has aggravated the anxiety and criticism concerning where Trump will Continue Reading
President Trump Just Told The CIA The U.S. Should Have Stolen Iraq’s Oil
President Donald Trump told the CIA on Saturday that the so-called Islamic State probably would never have existed if the United States had seized Iraq’s oilfields, a claim that flies Continue Reading
We used to worry about ‘peak oil’. Then the technological revolution happened
When you hear the words high tech, you probably imagine a smartphone, a driverless car, maybe even a spaceship. Having been in the oil and natural gas business for 36 Continue Reading
Michael Lynch: Peak Oil Demand Is Deja Vu All Over Again
The current fashionable theme in energy is ‘peak oil demand’ and the accompanying possible stranding of fossil fuel resources, with the resulting damage to the equity value of producing companies. Continue Reading