Coal Is About to Lose Face in China
Now comfortably swaddled in new tariffs , American steel firms have had a good few weeks. But U.S. President Donald Trump’s other favorite industry hasn’t fared so well. BHP, the Continue Reading
Weekly Petroleum Status Report
Summary of Weekly Petroleum Data for the Week Ending April 6, 2018 U.S. crude oil refinery inputs averaged over 17.0 million barrels per day during the week ending April 6, Continue Reading
U.S. Sees Wave Of New Cyber Attacks On Energy Infrastructure
In the past few weeks at least seven natural gas pipeline operators were the victims of hackers that targeted third-party communications system Latitude Technologies, causing service disruptions and breakdowns in Continue Reading
U.S. Oil Producers Ready To Self-Finance
A fifth of U.S. crude oil producers are planning to use their cash flow from operations to fund new production expansion, a survey from Haynes & Boone has found. Besides Continue Reading
US crude stocks build as exports fall, output rises
US crude stocks saw a larger-than-expected build last week as exports fell sharply, and domestic production topped 10.5 million b/d, Energy Information Administration data showed Wednesday. Crude exports fall 970,000 Continue Reading
Texas LNG Signs Non-Binding Deals With Chinese, Southeast Asian Buyers
Texas LNG has signed eight non-binding deals with potential buyers of liquefied natural gas (LNG) in China, southeast Asia and Europe, the company’s chief executive said on Wednesday. They include Continue Reading
What Will It Take to Keep Up With Shale Gas Boom? $170 Billion
Bottlenecks on the U.S. natural gas superhighway are starting to stack up, raising concerns about whether the infrastructure can be built fast enough to meet surging supplies. Gas output will Continue Reading
Trump administration weighs high-ethanol fuel waiver to placate farmers
NEW YORK (Reuters) – The Trump administration is considering allowing the sale of a higher ethanol fuel blend in the summer, a source familiar with the issue said, a move Continue Reading
U.S. Gulf of Mexico crude oil production to continue at record highs through 2019
U.S. Energy Information Administration, Short-Term Energy Outlook U.S. crude oil production in the Federal Gulf of Mexico (GOM) increased slightly in 2017, reaching 1.65 million b/d, the highest annual level Continue Reading
US EIA revises 2018 gasoline forecast, calls for higher prices
The US Energy Information Administration has revised its forecast for average 2018 gasoline prices up 1.6% to $2.64/gal, it said in its most recent Short Term Energy Outlook. The latest Continue Reading