The effects of U.S. sanctions on Venezuela’s economy have caused disruptions in planned upgrades for a key refinery in Aruba. Now the island’s government has reached out to the State Continue Reading
The Aruba government said on Thursday it started talks with the United States after Houston-based firm Citgo Petroleum slowed work on an overhaul of the Caribbean island’s 235,000-barrel-per-day refinery due Continue Reading
The exaggerated attention on ‘peak demand’ for oil, a point in time when demand growth for oil peaks and has started to decline, is misplaced, the authors argue, partly because Continue Reading
Nationwide crude inventories fell by most in five weeks: EIA Cushing storage at lowest since 2014 as crude exports surge Oil surged to the highest in two weeks as American Continue Reading
China is in the midst of a radical overhaul of how many of its citizens heat their homes. The government has made an aggressive push to scrap coal burning, particularly Continue Reading
China will exceed U.S. nuclear power production “soon” due to recent initiatives taken by Beijing to accelerate adoption of the alternative fuel source, according to an International Energy Agency official Continue Reading
Even with planned sales from its strategic reserves, the United States can still meet its obligations to cover an import shortage, the government said. A section of the spending bill Continue Reading
Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 EIA’s recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that U.S. tight oil production will generally increase through the Continue Reading
Net production from the Bakken shale reservoir in North Dakota set an all-time high for the company in the fourth quarter, Continental Resources said. Continental is one of the more Continue Reading
Natural gas is the bridge fuel of the future that will carry the world until renewables take over. It is much cleaner than coal and oil, and it’s cheap. Natural Continue Reading
