Report: LNG Project Sanction Uptick in 2018
There will be an uptick in the number and capacity of LNG projects sanctioned in 2018, according to a new report. There will be an uptick in the number and Continue Reading
More interest from Asian economies in Alaskan LNG
A Japanese company becomes the second possible Asian consumer to express interest in Alaskan LNG in less than a month. Map courtesy of Alaska Gasline Development Corp. Dec. 5 (UPI) Continue Reading
China’s Blow to Recycling Boosts U.S.’s $185 Billion Plastic Bet
Asian nation will stop accepting scrap imports as of Jan. 1 New-made material will fill the gap, benefiting U.S. producers China is upending the global plastics market. The world’s biggest Continue Reading
China Will Lead an Electric Car Future, Ford’s Chairman Says
Fords at an auto show in Guangzhou, China, last month. Ford Motor said Tuesday that it planned to introduce 15 models in China by 2025 that run at least in Continue Reading
China Set To Become More Dependent On Oil Imports
The pace of China’s oil imports growth is one of the most closely watched indicators in the industry—a gauge of the country’s huge appetite for oil and the impact it Continue Reading
While U.S. Senate pushes Alaska wildlife refuge drilling, industry looks elsewhere
Even as the U.S. Senate moves to allow oil drilling in Alaska’s Arctic National Wildlife Refuge (ANWR), the real action is 150 miles (241 km) west, where industry proponents hope Continue Reading
U.S. oil industry group launches voluntary program to cut methane
The American Petroleum Institute on Tuesday launched a voluntary program to cut emissions of the greenhouse gas methane from oil and gas operations, a move environmentalists said was not strong Continue Reading
Higher Oil Prices Widen U.S. Trade Deficit
The U.S. trade deficit increased to $48.7 billion in October from $44.9 billion in September amid rising imports and higher crude oil prices, increasing the value of U.S. oil imports, Continue Reading
When Boom is Bust: the Shale Oil Bonanza as a Symptom of Economic Crisis
The gradual climb in oil prices in recent weeks has revived hopes that US shale oil producers will return to profitability, while also renewing fevered dreams of the US becoming Continue Reading
‘Out of control’ Southern California fire explodes as growing blazes force tens of thousands to flee
A Ferocious fires tore through Southern California on Tuesday, burning massive stretches of land in a matter of hours and forcing tens of thousands of people from their homes. Firefighters in Continue Reading