Cyprus said on Wednesday it would press ahead with oil and gas exploration, signaling resolve in a standoff with Turkey over access to potential energy riches after Ankara extended military Continue Reading
A pillar of the Saudi social contract has been the allocation of oil rents to the population in exchange for loyalty and fidelity to the Saud clan. A key weakness Continue Reading
Oil was found flowing naturally for the first time ever onshore in Jamaica at two locations in what could be a door opener in the Caribbean, companies said. Two companies, Continue Reading
PDVSA, Venezuela’s state-oil company, is losing workers by the thousands, with as many as 10,000 leaving the company in just one week of January, media report, citing protests against low Continue Reading
Venezuela said it had generated US$735 million from the pre-sale of its cryptocurrency backed by crude oil. President Nicolas Maduro saw cryptocurrency sales as a way around Venezuela’s severe cash Continue Reading
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Toyota Motor Corp, Asia’s No.1 carmaker, has found a way to make electric vehicles (EVs) more affordable and less vulnerable to shortages in supply of the key elements needed to Continue Reading
Philadelphia (Reuters) – Republican Senator Ted Cruz of Texas on Wednesday urged President Donald Trump’s administration to push for an overhaul of the nation’s biofuels policy, during a rally at Continue Reading
This year begins the ninth year of cellulosic ethanol mandates in the U.S. Today I want to give a brief review of cellulosic ethanol, review the original targets, and examine Continue Reading
The Koch brothers are against a $0.25 gasoline tax hike that would pay for planned infrastructure construction, according to a new report in the Washington Post. “I urge you to Continue Reading
