BP Teams Up With Tesla In Energy Storage Project
One of the world’s biggest oil industry supermajors has teamed up with the global leader in electric cars in a new business venture and pilot project. British Petroleum (BP) has Continue Reading
Oil Cutoff Threatened as Canada Provinces Feud Over Pipeline
Canada’s internal fight over Kinder Morgan Inc.’s Trans Mountain pipeline escalates. (Bloomberg) — Canada’s internal fight over Kinder Morgan Inc.’s Trans Mountain pipeline escalated as the nation’s top two oil-producing Continue Reading
Canada’s Oil Patch To Turn Profitable In 2018
Canada’s oil patch booked three consecutive years of hefty losses after the oil prices crash in 2014. This year, the industry is set to post a very slim gross profit—the Continue Reading
A Natural Gas Giant Like No Other
A Houston-based LNG company is hoping to chart a course that hasn’t really been tried before: owning upstream natural gas assets, building the pipelines to get the gas to port, Continue Reading
No luck in latest North Sea oil and gas search
A drilling facility in the Norwegian waters of the North Sea is moving on to frontier territory after coming up empty-handed, a partner in the effort said. Regional explorer Aker Continue Reading
Shell Advises Shareholders To Reject Binding Climate Resolution
Royal Dutch Shell has recommended that its shareholders vote against a climate resolution that an activist climate group wants passed at the annual general meeting next month. Dutch climate group Continue Reading
The Bullish And Bearish Case For Oil
Geopolitical events specifically could help keep Brent above $70 through April and May, which comes on the back of a substantial decline in oil inventories. The investment bank significantly tightened Continue Reading
Oil prices rise amid risk of supply disruptions
SINGAPORE (Reuters) – Oil prices rose on Tuesday amid worries there could be a high risk of disruptions to supply, especially in the Middle East. FILE PHOTO: Oil pumping facilities Continue Reading
Oil Slips As U.S. Scales Back Confrontation With Russia
The U.S.’ declaration that the overnight missile strikes against Syria would be limited and a “one-time shot” may tamp down some of the risk to oil prices spiking when markets Continue Reading
Key oil market updates
While the oil market continues to focus on supply/demand fundamentals, these are some key updates that you need to keep a tab on, U.S. oil rig count: The United States Continue Reading