US-China $100bn trade war nears as talks end without deal
The world’s two largest economies remained on track to commence a $100bn trade war as early as this month, after a third round of China-US trade negotiations ended in Beijing Continue Reading
Why Justin Trudeau wants to keep Trans Mountain expansion alive
Like father, like son. In 1975, Pierre Trudeau, Canada’s then prime minister, set up Petro-Canada, a national oil company. Four decades later his son Justin, the present prime minister, is Continue Reading
Shale Bottlenecks Could Send Oil Prices Higher
Amid reports that OPEC will likely decide to start easing production quotas after June 22 and an IEA forecast that electric vehicles will displace 2.5 million bpd in crude oil Continue Reading
Why Oil Markets Should Fear Trump’s Trade War
“We’re putting the trade war on hold,” U.S. Secretary of Treasury Steven Mnuchin said on “Fox News Sunday,” nearly two weeks ago. That didn’t go down well with President Trump Continue Reading
Energy groups join together to condemn Trump’s plan to subsidize nuclear, coal plants
Today, President Trump asked the Department of Energy to take steps in preventing coal and nuclear plants from retiring. “Impending retirements of fuel-secure power facilities are leading to a rapid Continue Reading
H2Oh! Water is actually two liquids disguised as one
“WATER is very strange,” says Anders Nilsson. He should know: he has been studying the stuff for most of his working life. His claim may be hard for the rest Continue Reading
A New Energy Storage Solution Debuts In The Railway Sector
Battery technologies are all the craze these days as everyone is racing to find the perfect solution to energy storage for the growing share of solar and wind power in Continue Reading
Pope Francis To Discuss Climate Change With Big Oil
At a time when investors are piling pressure on Big Oil to take climate change seriously, top executives from some of the major global oil companies will be discussing climate Continue Reading
Oil prices shrug off positive U.S. jobs data
Multilateral trade concerns overshadowed a good U.S. jobs report for the commodities market, with crude oil prices tracking toward a loss on Friday. U.S. President Donald Trump hinted at a Continue Reading
WTI And Brent Go Their Separate Ways
Oil prices were a mixed bag this week, with Brent holding steady but WTI declining on higher U.S. output. The spread between the two benchmarks is rare, and reflects uncertainty Continue Reading