U.S. liquefied natural gas exports quadrupled in 2017
U.S. exports of liquefied natural gas (LNG) reached 1.94 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016. As LNG exports increased, shipments went to Continue Reading
Permian Drillers Prepare For Double-Digit Cost Jump
U.S. shale companies expect a double-digit cost increase in services across the oil patch, and the Permian in particular, as the industry recovered from the downturn and is now growing Continue Reading
Offshore Oil Closes In On Shale
Offshore crude oil extraction, including deepwater, is closing in on shale in terms of cost thanks to new production technologies, a senior Chevron executive said at an industry event, as Continue Reading
US sells 7 million barrels of crude to at least five companies
The US Department of Energy has sold 7 million barrels of sweet, government-owned crude oil to at least five different companies, according to market sources. The oil, which was sold Continue Reading
EPA deal with Philadelphia refiner would erase 2% of 2018 biofuel mandate: consultant
A deal to wipe out refiner Philadelphia Energy Solution’s biofuel credit debt would effectively shrink the 2018 US biofuel mandate by 2%, which would cut renewable fuel demand and weaken Continue Reading
For Some Wounded US Drillers, the Oil Rout Never Ended
More than a year after exiting bankruptcy, SandRidge Energy Inc. is stuck in stock-market purgatory. The oil and gas explorer has seen its stock sink 37 percent since October 2016, Continue Reading
Waymo Orders Up to 20,000 Jaguar SUVs for Driverless Fleet
As Uber Technologies Inc. reels from a fatal crash involving one of its autonomous vehicles, rival Waymo is moving ahead, buying as many as 20,000 Jaguar vehicles for its robot Continue Reading
NVIDIA introduces DRIVE Constellation simulation system for testing autonomous vehicles in the cloud
NVIDIA has introduced a cloud-based system for testing autonomous vehicles using photorealistic simulation, creating a safer, more scalable method for bringing self-driving cars to the roads. NVIDIA DRIVE Constellation is Continue Reading
In a first, EU to review emissions to heavy-duty vehicles
In a first for the bloc, the European Parliament made a provisional agreement to monitor emissions and fuel consumption from heavy-duty vehicles. The European body said it would work on Continue Reading
EU lawyers give cautious backing to bid to regulate Russian pipeline
EU lawyers gave cautious support this week to a proposal by the bloc’s executive to extend its energy market rules to regulate offshore pipelines including Russia’s planned 9.5-billion euro gas Continue Reading