As Oil Price Increases, Does Employment Follow?
Crude oil prices and rig counts are rising in the US and many are wondering how this will affect industry employment. As the oil and gas industry welcomed higher crude Continue Reading
U.S. to overtake Russia as top oil producer by 2019 at latest: IEA
The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country’s shale oil Continue Reading
Driverless cars given green light to operate in California
California has approved broad new rules allowing driverless cars that do not require a human operator to sit behind the wheel, in a long awaited win for Silicon Valley lobbyists. Continue Reading
North Pole surges above freezing in the dead of winter, stunning scientists
The temperature is above freezing at the North Pole. (University of Maine Climate Re-analyzer) The sun won’t rise at the North Pole until March 20, and it’s normally close to Continue Reading
Shale Drillers Are Supersizing Fracking
Shale drillers have squeezed more oil out of a given well over the past few years by becoming more efficient in their drilling operations. But the industry is still scaling Continue Reading
Oil Majors: New Tech Will Save The Industry
Oil and gas is not a sunset industry, and low oil prices are not such bad news at all, BP’s chief of upstream operations, Bernard Looney, said recently. Although Looney Continue Reading
U.S. Biofuels Policy Overhaul Faces Major Challenges
U.S. President Donald Trump has called a meeting to discuss possible amendments to the Renewable Fuel Standard (RFS) as the powerful oil and corn lobbies continue to clash over biofuels Continue Reading
Rome blanketed by snow as Arctic storm sets seasonal records
The Arctic storm dubbed the “Beast from the East” saw temperatures across much of Europe fall Monday to their lowest level this winter and even brought a rare snowstorm to Continue Reading
Shell: Demand for liquefied natural gas could outpace supply
Without new operations, the global market for liquefied natural gas could slip into a deficit by the middle of the next decade, Royal Dutch Shell said. The Dutch supermajor said Continue Reading
Germany cleared for greener public transit
The European Commission said Monday it was supportive of German plans to spend more than $80 million on infrastructure for greener public transportation. The commission found German plans for an Continue Reading