Several Chinese independent oil refiners, commonly known as ‘teapots’, are getting ready to start buying ethanol and blend it with their fuel to meet China’s regulation that says by 2020, Continue Reading
A senior Exxon Mobil Corp executive said on Wednesday the company is still assessing damage to its natural gas processing plant in the mountains of Papua New Guinea, knocked out Continue Reading
This week will see a historic event: on March 26, trading will begin in yuan-denominated crude oil futures contracts on the Shanghai International Energy Exchange. The futures launch is historic Continue Reading
The U.S. Department of Interior on Tuesday will auction off more than 51,000 acres (21,000 hectares) in southeastern Utah for oil and gas development, over objections from conservationists, who say Continue Reading
With gas prices about 10 percent higher than they were at this point last year, the situation may be near the point of U.S. economic strain, an analysis found. Motor Continue Reading
The American Petroleum Institute (API) reported a surprise draw of 2.739 million barrels of United States crude oil inventories for the week ending March 16, according to the API data. Continue Reading
The Trump administration has dubbed Wednesday’s Gulf of Mexico oil and natural gas lease sale as the largest in US history and Interior Secretary Ryan Zinke has called it a Continue Reading
The Trans Mountain pipeline between Alberta and B.C. supplies a large percentage of the West Coast’s energy needs | BIV files When GasBuddy petroleum analyst Dan McTeague made predictions recently Continue Reading
Norwegian energy company Statoil takes control over the Martin Linge field in the North Sea following an agreement with French supermajor Total. Photo courtesy of Statoil March 20 (UPI) — Continue Reading
More problems are mounting for Russia’s oil and gas sector. This time it’s coming from Germany, which until recently usually gave Russia’s energy sector more lead way than the U.S. Continue Reading
