The Oil Major Accelerating Venezuela’s Decline
While the oil market is understandably on edge about the potential supply outages in Iran, there are real outages going on in Venezuela, losses that could grow significantly worse in Continue Reading
India Is The Best Bet For National Oil Companies
The prospect of peak oil demand is a threat to oil companies around the world, but a much more serious threat to national oil companies, who are responsible for keeping Continue Reading
China’s CNPC ready to take over Iran project if Total leaves: sources
China’s state-owned energy major CNPC is ready to take over Total’s stake in the giant Iranian South Pars gas project if the French company leaves amid newly announced U.S. sanctions, Continue Reading
China raises retail gasoline, diesel price: state planner
China will raise the retail price of gasoline by 170 yuan ($26.85) per tonne and that of diesel by 165 yuan per tonne from Saturday, the country’s state planner said Continue Reading
Higher gas prices could spoil Trump’s tax cuts
Americans are shelling out more money at the gas pump just as the summer driving season is about to heat up. Soaring crude oil prices have lifted national gasoline prices Continue Reading
Texas oil drilling permits rose 34 percent in April
Texas’s energy regulator issued a third more oil and gas drilling permits in April than a year ago, according to data released on Thursday, as higher prices continue to spur Continue Reading
Alaska rolls out draft climate policy
State residents should review a draft climate plan that balances the need for oil and gas revenue against environmental issues, Alaska’s governor and lieutenant governor said. Alaska Gov. Bill Walker Continue Reading
Heart of America’s Oil Boom Can’t Fetch Good Prices for Its Crude
The main U.S. oil benchmark, West Texas Intermediate, has soared to its highest level in years at $71 a barrel. Good luck getting that price in west Texas. In the Continue Reading
Trump Administration Irked With Car Makers on Fuel-Economy Policy
The leaders of the world’s biggest car companies are arriving at the White House on Friday, and it may be their last chance to stop the Trump administration from a Continue Reading
Trump White House axes Nasa research into greenhouse gas cuts
Mr Trump has repeatedly threatened funding cuts to Nasa’s climate science and missions President Donald Trump’s administration has quietly axed US space agency Nasa’s monitoring system into greenhouse gases, a Continue Reading