Asian imports of Iranian oil hit highest in six months
Imports of Iranian crude by major buyers in Asia rose in September for a third straight month to their highest since March, boosted by a surge in purchases in China Continue Reading
3 Potential OPEC Deal Killers
The Middle East isn’t yet ready to agree on the future of OPEC’s output reduction deal as the bloc’s November 30 summit approaches, during which the cartel is set to Continue Reading
Oil gives short-term life to African economies, IMF says
The economies of sub-Saharan Africa get some support from oil production in Nigeria and elsewhere, though it flattens out by 2019, the IMF said Monday. The International Monetary Fund said Continue Reading
Exclusive: Chad wants to cut off Glencore’s oil supplies in debt row
Chad is on a collision course with top creditor Glencore as it wants to divert oil from the Swiss trading house to U.S. energy company ExxonMobil from the new year Continue Reading
The Return Of Deepwater Oil
In a historic auction for deepwater oil assets in Brazil, the oil majors showed up on October 27 and bought several offshore blocks, indicating a high level of interest in Continue Reading
U.S. Crude Imports Soar Amid Rising Refinery Output
I’ve been on the road – on walkabout as the Australians would say – for the last four weeks, doing a number of speaking engagements and trips across America. As Continue Reading
China’s Sinopec mulls U.S. oil projects ahead of Trump’s visit: sources
China’s state oil major Sinopec is evaluating two projects in the United States that could boost Gulf Coast crude oil exports and also expand storage facilities in the Caribbean, two Continue Reading
80 Oil Pipeline Companies Off The Hook For Wetlands Damage
Over 80 oil and gas pipeline companies will be exonerated of a lawsuit that claims damage to wetlands via the construction of canals in Louisiana after the Supreme Court decided Continue Reading
You Won’t Guess Who Just Saved America’s Biofuels
Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk management, emerging market economic development, and market risk assessment. His… And the latter has one Continue Reading
Record surge in atmospheric CO2 seen in 2016
Emissions from human activities have levelled off but concentrations in the atmosphere continue to grow Concentrations of CO2 in the Earth’s atmosphere surged to a record high in 2016, according Continue Reading