Gains in U.S., Canada will outweigh steep drop in Venezuela Venezuela had biggest unplanned production decline in 2017 U.S. oil output is set for “explosive” growth this year as prices Continue Reading
Surging U.S. crude oil production this year is expected to surpass output in Saudi Arabia and rival that of Russia, the world’s two largest oil producers, the International Energy Agency Continue Reading
The International Energy Agency revised higher its US oil production growth forecasts for 2018, stressing that rapidly expanding shale output is a major factor offsetting Opec-led supply cuts. The latest Continue Reading
The world in 2017 saw some of the highest average surface temperatures ever recorded, surprising scientists who had expected sharper retreat from recent record years. Scientists at NASA on Thursday Continue Reading
Navigant Research has issued a new iteration of its Leaderboard Report on Autonomous Driving (AD), reflecting the new partnerships, strategic investments and acquisitions made since the early version less than Continue Reading
2017 was among the hottest years ever recorded, government scientists reported Thursday. The year was the second-hottest in recorded history, NASA said, while scientists from the National Oceanic and Atmospheric Continue Reading
A new report from the ISO New England concludes the region’s dependence on natural gas could create serious problems in the event of a fuel shortage; as more gas-fired power Continue Reading
In the latest indication of the strength of the recovery of global oil prices, European refineries are struggling to pay their crude bills as margins decline and demand weakens for Continue Reading
Shell and ITM Power will build the world’s largest hydrogen electrolysis plant at Rhineland refinery, Germany. With a peak capacity of 10 megawatts, the hydrogen will be used for the Continue Reading
Oil held steady above $69 a barrel on Thursday, supported by falling inventories of crude and threats of an attack on Nigeria’s petroleum industry, although a reported rise in U.S. Continue Reading
