Basra oil terminal damaged in tanker accident
An oil tanker collided with a major piece of Iraq’s offshore export infrastructure late Friday, causing extensive damage to one of the four berths that comprise the al-Basra Oil Terminal Continue Reading
Oil streak continues offshore Senegal
After going eight-for-eight in oil discoveries off the coast of Senegal, Australian energy company FAR Ltd. said it expects a revision to reserve estimates. FAR Ltd. said it confirmed an Continue Reading
Analysis: Mexico refinery output rebounds as product imports move lower
Refinery production in Mexico is showing some recovery this year after the big drop experienced in 2016, an uptick that might have contributed to lower product imports so far this Continue Reading
China’s Sinopec Says Saudi Aramco Invited It to Be Investor
China Petroleum & Chemical Corp. said it was invited to invest in Saudi Arabian Oil Co. as part of what could be the world’s biggest-ever initial public offering. Talks are Continue Reading
Exclusive: Shell and Anadarko mull clean break from Permian venture
Royal Dutch Shell Plc ( RDSa.L ) and Anadarko Petroleum Corp ( APC.N ) may let a 10-year joint venture in the oil-rich Permian Basin of Texas expire and split Continue Reading
4 Factors Driving Oil Prices This Summer
Uncertainty is dominating today’s oil markets, with production cuts, ballooning inventories and a rising rig count all adding to oil price volatility. And as the summer driving season approaches and Continue Reading
The DNA of oil wells: U.S. shale enlists genetics to boost output
A pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California January 18, 2015. A small group of U.S. oil producers has been Continue Reading
US producers build up sales hedges as oil falls
US independent oil companies have used derivatives to protect much more of their expected revenues against a fall in crude prices than they had a year ago, helping them sustain Continue Reading
EEStor Announces High Voltage High Permittivity Dielectric, Completed Million Cycle Testing and Initial Energy Density Results
Breakthrough results on CMBT permittivity at voltage Key energy density results achieved with 100 watt-hour/liter near-term target Independent verification of 1 Million cycle test results EEStor Corporation announced today that Continue Reading
Trump to Sign Executive Order to Roll Back Obama Climate-Change Policies
President Donald Trump will sign an executive order Tuesday taking steps to unravel the most contentious climate-change policies of his predecessor, the White House said. The Trump administration will formally Continue Reading