Are U.S. Oil Majors Primed For A Comeback?
The two U.S. oil supermajors—ExxonMobil and Chevron—have gone through a rough patch over the past three years with the oil price crash that battered company earnings and energy stocks and Continue Reading
BP selects Tesla batteries for pilot storage project at US wind farm
BP Wind Energy, through its wholly-owned subsidiary Rolling Thunder I Power Partners LLC, has signed a purchase agreement to install a high-storage battery at its Titan 1 Wind Farm in Continue Reading
Dutch offshore wind plans to offset Groningen gas cuts, coal exit by 2030
Plans for offshore wind farms and new power cables are expected to help facilitate Dutch government plans to close coal plants and end gas production at the Groningen field by Continue Reading
Oil prices rise by more than 1 percent on hopes U.S. trade spat…
Oil markets rose by more than 1 percent on Tuesday, extending strong gains from the previous session, on hopes a trade dispute between the United States and China may be Continue Reading
Oil rises after Trump promises quick decision on Syria action
Oil prices climbed in early Tuesday trading, fuelled by President Trump’s remarks on Monday about the possibility of a US attack on Syria. At pixel time, Brent crude was up Continue Reading
Wood Mackenzie: ‘Bigger Projects Are Coming’
The industry will see a return to bigger project sanctions, Angus Rodger, Wood Mackenzie’s research director for Asia Pacific upstream oil and gas, has confirmed. The industry will see a Continue Reading
Fossil Water Depletion, Groundwater Contamination, Saltwater Intrusion, & Permanent Subsidence
Much of the modern world’s agricultural productivity, industrial activity, and high degree of urbanization is dependent upon the pumping and exploitation of limited freshwater resources. In some regions the water Continue Reading
Saudi Aramco signs deals with French companies worth $10 billion: Al Arabiya
Saudi Aramco will sign eight deals with French companies worth $10 billion, the chief executive of the state-run oil giant told Saudi-run Al Arabiya TV on Monday during an official Continue Reading
Iraq is barely committed to OPEC deal, data show
Iraq, one of the leading producers in OPEC, continues to be among those doing the least to support an agreement credited with supporting oil prices, data show. The Organization of Continue Reading
Higher Oil Prices Boost Saudi Credit Rating
After suffering from plunging global oil prices in 2015 and 2016, Saudi Arabia can take a much-deserved bow over its success, along with other OPEC and non-OPEC producers, in reigning Continue Reading