The Saudis Won’t Prevent The Next Oil Shock
Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike. Saudi Arabia is moving Continue Reading
Supreme Court delays crucial oil rights ruling
Iraq’s Federal Supreme Court has given lawyers until Aug. 4 to present additional documents in the federal government’s case against the Kurdistan region’s independent oil policy, and set the next Continue Reading
U.N. concerned about control of Libyan oil assets
Control over oil production in Libya and the revenues it generates need to be in the appropriate hands, the U.N. secretary-general said Thursday. Libya’s National Oil Corp. rejected a move Continue Reading
This Country Just Started Pumping Oil For The First Time Ever
Ethiopia began on Thursday its first-ever crude oil production under a test production scheme that will see initial production of 450 barrels of oil per day. Ethiopia, a rather large Continue Reading
Citgo Petroleum appoints executives to positions at Aruba refinery
Citgo Petroleum, the U.S. refining arm of Venezuela’s state-run oil company PDVSA, said on Thursday it appointed two senior executives to new positions as it works to refurbish an idled Continue Reading
TransCanada urges U.S. to help gas pipelines beat green critics
The United States should help the natural gas industry overcome environmental challenges to new pipeline projects by adjusting regulations or adopting new laws favoring infrastructure, an executive at TransCanada Corp Continue Reading
U.S. gas pipeline industry wants help beating back green groups
The United States should help the natural gas industry push back against opposition by environmental groups to pipeline projects by adopting new regulations or laws that favor infrastructure, backers of Continue Reading
Nuclear, coal bailout worth any cost ‘to keep America free’: U.S. energy chief
U.S. Energy Secretary Rick Perry said on Thursday that bailing out struggling coal and nuclear power plants is as important to national security as keeping the military strong, and that Continue Reading
EIA study examines the role of high-voltage power lines in integrating renewables
High-Voltage Direct Current Transmission Report A new study commissioned by EIA examines the role of high-voltage direct current (HVDC) lines in integrating renewables resources into the electric grid. The review Continue Reading
Can Trump Counter Soaring Gasoline Prices?
Oil prices surged to their highest level in more than three years on Thursday, as the number and volume of supply outages continues to rise. The odds of a significant Continue Reading