Asia Is Leading The Renewable Energy Race
As the era of fossil fuels comes to a close, it’s time to start seriously considering an all-electric future, as well as all of the costs and benefits that come Continue Reading
Chinese Refiner Stops U.S. Oil Imports, Turns To Iranian Crude
An independent Chinese refiner has suspended crude oil purchases from the United States and has now turned to Iran as one of its sources of crude, media reports , citing Continue Reading
Chinese Production Of Banned Chemical Blamed For Ozone-Depleting Emissions
Illegal Chinese production of a banned crude oil-derived chemical used for cheap home insulation is thought to be the main source of rising emissions of gas that is damaging the Continue Reading
Suncor offers timeline for Syncrude restart
Canadian energy company Suncor said its Syncrude oil sands facility, crippled by a June power outage, will be back at full capacity by September. U.S. crude oil prices were supported Continue Reading
Why Natural Gas Hasn’t Dethroned Gasoline
In some parts of the world, such as the Balkans, gasoline cars retrofitted with natural gas tanks are a common sight on roads. In others, such the United States, such Continue Reading
NYMEX August gas falls as dry gas output hits another record
The NYMEX August natural gas futures contract fell 3 cents Monday to settle at $2.828/MMBtu, a day after dry gas production in the US hit a record high and despite Continue Reading
More on LTO Economics in the Bakken
The goal for any commercial company is to make as high as possible profit and returns on invested (employed) capital, primarily the owners’ capital, equity. Light Tight Oil (LTO) extraction Continue Reading
Could U.S. Oil Become Part Of The Brent Benchmark?
Rising U.S. crude oil exports are upending global oil trade and oil flows to various regions in the world, snatching up market share in Asia and Europe from the traditional Continue Reading
Despite renewables gains, gas leads new US generation
Dive Brief: Despite the rise of renewable energy and the struggles of older plants such as coal, the United States’ energy infrastructure remains dominated by fossil fuels, according to the Continue Reading
Exclusive: France’s Total prepares sale of $1.5 billion of UK North Sea fields
France’s Total is set to sell a third of its stake in Laggan Tormore gas field along with other oil and gas assets in Britain’s North Sea that could fetch Continue Reading