Statoil owned Fagervika oil reservoirs in Trondheim, Norway in 2009. Photo by Sveter/Wikimedia Commons Nov. 30 (UPI) — Norwegian energy company Statoil said it expanded its footprint in Argentina by Continue Reading
U.S. oil major Chevron Corp will focus on studying the geology of its block in Mexico’s deepwater Gulf during the first four-year phase of its contract, rather than drilling new Continue Reading
Venezuelan authorities on Thursday arrested two once-powerful officials who had run the oil ministry and state energy company PDVSA as part of a deepening industry purge also seen as a Continue Reading
Shale drillers have successfully lowered their breakeven price over the past several years, but the industry is looking for more ways to cut costs. The oil majors are investing in Continue Reading
Just as expected: OPEC and the group of non-OPEC countries led by Russia extended their production cuts for an additional nine months through the end of 2018. “It’s been a Continue Reading
Republicans aren’t advertising it, but a pro-growth bonus in the Senate tax cut bill is that it finally opens up a small part of the Arctic National Wildlife Refuge (ANWR) Continue Reading
The U.S. Environmental Protection Agency said on Thursday it will require fuel companies to blend slightly more biofuels into the nation’s gasoline and diesel next year, angering oil refiners who Continue Reading
Tracks of all Atlantic tropical cyclones in 2017. Their lifetime peak wind speed and minimum pressure are listed on the right. The horrible hurricane season that we desperately wanted to Continue Reading
As you’d expect from the land that’s home to the city that never sleeps, now that New York has embraced wind power, it’s already making some impressive claims about wind’s Continue Reading
The cost of generating power from wind turbines is falling. The rapid rise of wind and natural gas as sources of electricity is roiling U.S. power markets, forcing more companies Continue Reading
