Offshore Drillers Are Still Seeking Recovery Enjoyed by Shale
While oil drillers in U.S. shale basins are starting to see business come back, their offshore brethren will have to wait for prices to surge well above $60 a barrel. Continue Reading
U.S. East Coast Has a Growing Appetite for Foreign Oil
U.S. East Coast refineries, which have thrived for a few years on a boom of production from the Bakken shale play in North Dakota and eastern Montana, are increasingly looking Continue Reading
Pipeline Companies Struggle to Contend with Reinvigorated Protests
Pipeline companies are bracing for a new round of volatile protests by environmentalists and other activists in the U.S., a sobering reality that is tempering the industry’s excitement over President Continue Reading
Electric Cars – An Existential Threat For Oil?
Nobody would have predicted ten years ago, back when everyone was talking about Who Killed the Electric Car, that oil would someday have to fear the future of General Motor’s Continue Reading
Volvo receives order for 8 all-electric buses in UK; OppCharge opportunity charging
Volvo Buses has received an order for eight electric buses, the Volvo 7900 electric, from Transdev Blazefield, the owner of the Harrogate Bus Company in the UK. Operations start in Continue Reading
BP may ‘incrementally’ increase U.S. shale portfolio: CEO
BP is looking at ways to incrementally increase its footprint in U.S. shale oil and gas production, its Chief Executive Officer Bob Dudley said on Tuesday. Dudley said the company Continue Reading
A Crack in an Antarctic Ice Shelf Grew 17 Miles in the Last Two Months
A rapidly advancing crack in Antarctica’s fourth-largest ice shelf has scientists concerned that it is getting close to a full break. The rift has accelerated this year in an area Continue Reading
Offshore Wind Moves Into Energy’s Mainstream
When engineers faced resistance from residents in Denmark over plans to build wind turbines on the Nordic country’s flat farmland, they found a better locale: the sea. The offshore wind Continue Reading
Oil Trades Near $54 as Rising U.S. Drilling Offsets Iran Tension
Oil traded near $54 a barrel as increased tension between Iran and the U.S. countered expectations of rising American production. Futures rose 0.3 percent in New York, extending a third Continue Reading
Oil prices edge up on Iran tensions, but rising U.S. drilling caps gains
Oil prices edged up on Monday on fears that new U.S. sanctions against Iran could be extended to affect crude supplies, but markets were capped by further signs of growing Continue Reading