Consensus price target is about 27% higher than current level Reforms expected to unlock value for China’s top oil producer With its earnings outlook improving and massive pipeline assets expected Continue Reading
Australian energy company Woodside Petroleum said it’s cleared to take on Exxon Mobil’s 50 percent interest in the Scarborough gas field off the nation’s coast. Rival energy company BHP Billiton Continue Reading
The race for cheaper, better batteries has never been more intense and more interesting. The latest contender comes from Australia, from RMIT University. It is a hybrid between a chemical Continue Reading
Tesla’s shift to a magnetic motor using neodymium in its Model 3 Long Range carEfforts by governments around the world to cut noxious emissions produced by fossil fuel-powered cars is Continue Reading
The Trump administration’s plan to broadly expand drilling in U.S. offshore waters is moving slowly due to opposition from coastal states and indifference from oil companies that have turned their Continue Reading
U.S. crude inventories were forecast to have risen for the third straight week, while refined product stockpiles likely fell last week, a preliminary Reuters poll showed on Monday. Six analysts Continue Reading
The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil Continue Reading
Soaring Permian oil production, increased pipeline takeaway capacity, and a port expansion to accommodate larger vessels position the Texas port of Corpus Christi to become the U.S. oil export hub Continue Reading
New York-based investment and holding company Signal Capital Management said on Monday that it had launched a cryptocurrency backed by oil and gas reserves in what it says is the Continue Reading
So far this March, two nor’easters have pummeled New York and New England with high winds, storm surges and heavy, wet spring snow. As if on cue, large trees fell. Continue Reading
