Oil markets were firm on Wednesday on worries over geopolitical tensions in the Korean peninsula and the Middle East, although prices were capped as supply remains ample despite an OPEC-led Continue Reading
The most significant development in recent memory is the dramatic downfall of coal in the electricity sector, the result of cheap natural gas, stricter environmental regulation and the rise of Continue Reading
When looking at oil demand, oil market analysts focus overwhelmingly on passenger vehicles. One of the hottest debates today is over the prospect of peak oil demand : whether or Continue Reading
Fatih Birol, Executive Director of the International Energy Agency attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 17, 2017. The global oil market is expected to Continue Reading
Water is a basic necessity of life. Since access to water has been recognised as a human right, the obligation to provide clean and safe drinking water across the globe Continue Reading
We’re seeing big price declines in fossil fuels. Technology is the hero — or culprit, depending on your point of view. EVs will be the death knell for oil. The Continue Reading
Climate change poses one of the biggest long-term risks to the global economy and companies, including big oil and gas firms such as Shell, have to be open about how Continue Reading
About the only joy Fossil Fuelers have been getting lately is the sweet satisfaction that the ‘Peak Oil’ crowd got it wrong. What the Fossil Fuelers may need to start Continue Reading
Share Qatar’s announcement Tuesday that it will double the size of its proposed new development on the giant North Field to 4 Bcf/d and use the gas for LNG exports Continue Reading
Qatar Petroleum, the world’s largest producer of liquefied natural gas, said Tuesday it plans to increase natural-gas output by 30% over the next seven years, as the small emirate faces Continue Reading
Qatar announced plans for a steep rise in Liquified Natural Gas (LNG) production capacity on Tuesday that suggested it was ready for a protracted dispute with Gulf neighbors, but Doha Continue Reading
That’s because of a critical and unexpected policy change that came down over the weekend. With the world’s biggest coal-consuming nation shutting down over 150 import points for supply. The Continue Reading
Russia’s largest natural gas producer Gazprom will start supplying fuel to China through Siberia on Dec. 20, 2019, Gazprom Chief Executive Alexei Miller told reporters on Tuesday, after a meeting Continue Reading
After a prolonged recovery that culminated in two years of record sales, the American auto industry is slowing down, with fewer buyers in dealer showrooms and fewer workers on the Continue Reading
A managed decline of the tar sands isn’t a popular idea in Alberta, or in Canada for that matter. The idea of sunsetting the tar sands industry is about as Continue Reading
Operational improvements in shale and non-shale oil drilling, on top of lower expenses for oilfield services and access to pipeline capacity, have driven down the costs of producing the fossil Continue Reading
New pipeline would cut costs of shipping gas to western Europe Hearing on local objections scheduled for later this month Hidden by pine forests near the deserted site of what Continue Reading
For Volvo the internal combustion engine has run its course. In the face of competition from upstarts like Tesla Inc., which begins production this week of its new mass-market Model Continue Reading
Volvo Cars announced that every model from 2019 onwards would have an electric motor, making it the first traditional carmaker to call time on vehicles powered solely by an internal Continue Reading
An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February 2, 2015. Oil prices retreated in early Asian trade on Tuesday, halting Continue Reading
Oil prices surged to a one-month high Monday as new data caused investors to question whether U.S. oil production is as resilient as many anticipated. Oil prices have now climbed Continue Reading
FILE PHOTO: A wellhead is seen at an Occidental Petroleum Corp carbon dioxide enhanced oil recovery project in Hobbs, New Mexico, U.S. on May 3, 2017. Oil prices edged up Continue Reading
American rigs targeting crude post first drop in 24 weeks Libyan production increases to highest level in four years Oil extended the longest run of gains this year, closing above Continue Reading
Improving the efficiency of road-freight transport is critical to reducing the growth in oil demand, carbon emissions and air pollution over the next decades, according to the International Energy Agency’s Continue Reading
The oil and gas industry is facing its “last cycle,” according to consultancy Ernst & Young. What does that mean? It’s a “time when energy abundance, driven by technology, creates Continue Reading
President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are Continue Reading
Crude production rises for second straight month, survey finds Libya and Nigeria added 130,000 barrels a day last month OPEC’s crude production rose to the highest this year in June Continue Reading
Iraqi oil minister Jabar al-Luaibi said on Monday he would wait for the outcome of OPEC’s upcoming committee meeting before pronouncing on whether or not the group of producers needs Continue Reading
The logo of French oil company Total is seen at a Total gas station in Paris, France, April 19, 2016. France’s Total signed a deal with Tehran on Monday to Continue Reading
Qatar’s development of its giant North Field, which began more than 20 years ago, propelled the small Gulf state into the position as the world’s largest exporter of liquefied natural Continue Reading
After Baghdad obtained a Canadian warrant to seize a tanker of Kurdistan exports, the Neverland has sailed back into the Atlantic Ocean. A tanker loads Kirkuk crude at the Turkish Continue Reading
Qatar plans to raise its already huge LNG production capacity by 30% to 100 million mt/year, state-owned Qatar Petroleum’s CEO said Tuesday. The announcement at a media conference in Doha Continue Reading
In dollar terms, since mid-2015 Mexico has been a net importer of hydrocarbons (oil, natural gas, petroleum products and petrochemicals combined). To date it has been a relatively small and Continue Reading
There are some early signs that the shale boom is once again coming to a halt, beaten back by another bear market. The oil rig count declined by 2 last Continue Reading
The shale revolution in the U.S. has led to a boom in domestic natural gas production, to the point that America is expected to become a net exporter of natural Continue Reading
Keystone XL may have become obsolete before it was even built, at least according to some sources close to TransCanada, which has gone on a hunt for clients. A Wall Continue Reading
EPA Administrator Scott Pruitt speaks to the media during the daily briefing at the White House on June 2. A federal appeals court in Washington ruled Monday that Pruitt overstepped Continue Reading
Dealing a legal blow to the Trump administration, a federal appeals court ruled on Monday that the Environmental Protection Agency cannot suspend an Obama-era rule to restrict methane emissions from Continue Reading
General Electric Co on Monday completed its buyout of Baker Hughes Inc, merging it with its own oil and gas equipment and services operations to create the world’s second-largest oilfield Continue Reading
France-based Total S.A. is one of the elite seven “supermajor” oil companies in the world. When people talk about “Big Oil,” Total is exactly the kind of corporation they’re talking Continue Reading
If Independence Day were about feting the U.S. weaning itself from foreign oil and forging a renewables future, the man behind our call of the day probably wouldn’t be sounding Continue Reading
Recently, a Spanish group called “Ecologist in Action” asked me to give them a presentation on what kind of financial crisis we should expect. They wanted to know when it Continue Reading
Oil prices edged up on Monday, supported by the first fall in U.S. drilling activity in months, although rising output from OPEC despite a pledge to cut supplies capped gains. Continue Reading
Money managers add short positions at slower pace: CFTC data Bearish wagers on WTI reached highest level since last August Oil short-sellers have been on a roll, but their bets Continue Reading
After a couple of miserable weeks, oil traders were finally offered some good news this week as prices started ticking back up, futures improved and bullish estimates began trickling in Continue Reading
Total CEO to be in Tehran Monday for agreement: oil ministry Deal is to develop Iran’s share of world’s biggest gas field Iran plans Monday to sign a formal contract Continue Reading
World No.1 oil exporter Saudi Arabia could raise prices for the heavy crude it sells to Asia in August to the highest in more than three years, trade sources said. Continue Reading
Saudi Arabia’s King Salman has appointed his son, Mohammed bin Salman, as crown prince, replacing his nephew, Mohammed bin Nayef, as first in line to the throne. WSJ’s Niki Blasina Continue Reading
A young business executive had to cancel a $150,000 family vacation in Saudi Arabia . Another woman grumbled that deliveries of designer fashions from the internet store Net-a-Porter were taking Continue Reading
As China celebrates its success in extracting natural gas from ‘fire ice’, it’s still unclear whether Beijing has made a significant technological achievement and revolutionized the energy industry. Seeking Energy Continue Reading
