A campaign by leading Arab powers to isolate Qatar is disrupting trade in commodities from crude oil to metals and food, and deepening fears of a possible shock to the Continue Reading
Qatar’s foreign minister said on Tuesday Doha was ready for mediation efforts after the Arab world’s biggest powers severed ties with it, adding that Qatar’s ruler had delayed a speech Continue Reading
Oil pricing agency S&P Global Platts said it will not automatically include Qatari-loading crude in its Middle East benchmark after Saudi Arabia and some other Arab states cut ties with Continue Reading
Exxon Mobil Corp ( XOM.N ) said on Tuesday that production and exports of liquefied natural gas from Qatar have not been affected by rising diplomatic tensions in the Middle Continue Reading
Although crude oil theft has long been the subject of intense media attention in Nigeria, the downstream theft of hydrocarbons has remained under the radar. Despite this, downstream hydrocarbon theft Continue Reading
Nigerian stream back after 15-month halt caused by sabotage Extra barrels equate to about a fifth of OPEC supply curbs Royal Dutch Shell Plc lifted restrictions on exports of a Continue Reading
Seven more Fukushima Prefecture residents who were aged 18 or under at the time of the 2011 nuclear accident have been found to have thyroid cancer, the prefectural government said Continue Reading
US crude oil production will, for the first time in nearly 50 years, climb to 10 million b/d by March 2018, the US Energy Information Administration said Tuesday. Such a Continue Reading
While projections for higher natural gas prices are expected to reduce gas’ share in the generation mix, the subsequent increase in cash flow to gas producers is seen boosting gas Continue Reading
Warmer weather and higher natural gas prices helped to increase utility coal burn in May, the US Energy Information Administration said Tuesday. In its latest monthly Short-Term Energy Outlook, the Continue Reading
Motor fuel inventories up 4.08 million barrels last week: API Crude output forecast to rise above 10 million barrels a day Oil declined as U.S. industry data showed gasoline stockpiles Continue Reading
Since Cheniere sent America’s first LNG cargo abroad in early 2016, U.S. gas exports have reached buyers in Latin America, Europe, Asia, and even the Middle East. The shale gas Continue Reading
U.S. Secretary of State Rex Tillerson tells his counterparts in New Zealand the decision to step away from the Paris climate treaty wasn’t an isolationist move by the Trump administration. Continue Reading
The White House took another step to opening up offshore oil and gas reserves using a method that an industry critic said poses a real ecological threat. The office of Continue Reading
U.S. consumer demand isn’t strong enough to match refinery output, leaving gas prices relatively stable as summer travel season kicks in, AAA reported. The motor club reported a national average Continue Reading
With crude oil prices in May holding above the $50 mark, analysis finds the U.S. Gulf of Mexico saw gains in exploration and production activity. Platts RigData, a forecasting unit Continue Reading
The US is falling behind other countries in advanced energy technologies, threatening national security and undermining its global influence, former generals and admirals in the US military are warning the Continue Reading
Rigzone outlines how Indyref2 could shape the region’s oil and gas sector. Scottish independence from the UK could lead to fewer Scottish oil and gas jobs, according to Airswift CEO Continue Reading
Oil recovered some losses from the previous session on Tuesday, but Brent crude remained below $50 over concerns that a political rift between Qatar and several Arab states would undermine Continue Reading
Crude futures fell to near-one-month lows Monday, erasing earlier gains that were spurred by a political rift in the Middle East, before investors refocused on the supply-glut. Oil rose in Continue Reading
Oil prices fell nearly 1 percent on Monday on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a Continue Reading
Barely one tenth of renewable energy technology is ready to meet long-term climate change targets as governments have failed to adequately support large-scale deployment, a report by the International Energy Continue Reading
OPEC is working on establishing a legal relationship with its partners in the crude oil production cut agreement. This would mean a larger oil cartel controlling possibly more than half Continue Reading
OPEC and non-OPEC producers have only just agreed to extend their crude oil production cut deal through to March next year, but one of the key architects of the agreement, Continue Reading
An Eikon ship-tracking screen shows tanker traffic around Qatar over the last seven days in this June 6, 2017 illustration photo. The costs of Qatari energy and commodity exports are Continue Reading
Qatar is a big fish in the world of liquefied natural gas but a relative minnow when it comes to oil. The Middle Eastern nation, which was targeted by a Continue Reading
A sudden diplomatic crisis broke out in the Persian Gulf on June 5, as a coalition of countries moved to isolate Qatar, the tiny oil and gas-rich emirate. In a Continue Reading
An alliance of more than 20 of China’s independent oil refineries has urged its members to strictly adhere to government rules on oil quotas and taxes, according to a group Continue Reading
A map of Qatar is seen in this picture illustration June 5, 2017. Saudi Arabia and key allies on Monday cut ties with Qatar, accusing it of supporting extremism, sending Continue Reading
Will the Canadian oil producers rake in higher prices for their crude oil if they sell to Asia? Is the U.S. unfairly discounting Canada’s heavy crude oil stream – the Continue Reading
All self-respecting automakers today have an electric car project. Most are either working on or considering an autonomous vehicle, too. E-cars are hot. Self-driving ones are even hotter. And according Continue Reading
The war on coal has ended. Not because the U.S. exempted itself from the Paris Climate Accord, nor because President Obama no longer sits in the Oval Office. “King Coal” Continue Reading
Several state officials and auto makers are pillorying Volkswagen AG’s plan to sell battery juice to Americans driving electric cars, contending the project more resembles an unfair government-backed windfall than Continue Reading
A new proposal by the Trump administration will allow oil companies to use seismic air guns to search for fossil fuel deposits in the Atlantic Ocean, according to reports emerging Continue Reading
British energy company BP is putting more capital into its North Sea program with nearly $200 million in contracts, an energy services company said. Cape Industrial Services said it secured Continue Reading
Saudi Arabia, U.A.E., Egypt and Bahrain cut ties with Qatar Diplomatic spat hasn’t affected oil and gas shipments Oil advanced after a Saudi-led alliance cut diplomatic ties with Qatar and Continue Reading
A decision by a Saudi-led alliance to cut diplomatic ties with Qatar sent oil prices higher . Futures rose as much as 1.6 percent in New York. The development raises Continue Reading
LNG traders are bracing for potential trade disruptions following moves from Saudi Arabia, Bahrain, Egypt and the UAE to cut diplomatic ties with Qatar, the world’s largest LNG supplier. Saudi Continue Reading
Hours after five Arab countries broke diplomatic relations with Qatar , a crucial United States ally, Secretary of State Rex W. Tillerson offered on Monday to broker the impasse in Continue Reading
It was a dismal day for OPEC when it met in Vienna to extend its output deal. Despite an agreement to limit supply for another nine months — a move Continue Reading
Output won’t rise much above 1 million barrels a day: WoodMac OMV says security must improve before it can send expats back The rapid increase in Libya’s oil production is Continue Reading
Saudi Arabia’s de facto head of government, Deputy Crown Prince and Defense Minister Prince Mohammed bin Salman bin ‘Abd al-’Aziz al Sa’ud, has gambled the survival of the House of Continue Reading
The Trump administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela’s government, senior White House officials told Reuters, after Goldman Sachs Group Inc Continue Reading
A plywood shield in one hand, a gas mask over his face, Victor Ortega marched down the middle of the four-lane elevated highway, his eyes fixed on the front lines. Continue Reading
The Trump administration is considering possible sanctions on Venezuela’s vital energy sector, including state oil company PDVSA, senior White House officials said, in what would be a major escalation of Continue Reading
2017 could be an “above-normal” year for large hurricanes, according to the National Oceanic and Atmospheric Administration (NOAA), a potential problem for Gulf Coast oil drillers and refiners. NOAA puts Continue Reading
Cost cuts and efficiency—the two key ingredients of the U.S. shale’s recipe for surviving the worst of the downturn—have led to drillers now employing a growing number of rigs capable Continue Reading
Amid the frenetic activity of American shale oilfields recovering from a two-year recession sit a handful of oil towns that seemed impervious as many producers went into bankruptcy and the Continue Reading
Initially, trains in the Netherlands were set to run entirely on renewable energy by 2018. However, it seems officials have been able to beat that goal by an entire year. Continue Reading
This is not a joke, but neither should you worry if you are long oil, as the price will most likely hit (at least) $100 long before it heads south, Continue Reading
