Legal action deters KRG crude sales to Canada
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 to raise LNG production by 30% to 100 million mt/year by 2024: QP CEO
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
Mexico’s Oil Reserves Fall In Spite Of Oil Major Interest
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
Is The Second Shale Boom Grinding To A Halt?
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
U.S. Shale Just Triggered A Chemical Industry Renaissance
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
Has Keystone XL Become Obsolete?
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
Federal court blocks Trump EPA on air pollution
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
Court Blocks E.P.A. Effort to Suspend Obama-Era Methane Rule
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
GE closes Baker Hughes deal, becomes No. 2 oilfield service provider
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
This Supermajor Is Leading The Charge On Renewables
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