Oil companies and utilities won’t dispute that electric vehicles are on the cusp of becoming mass market. Their battle will be more over which business will dominate the booming charging Continue Reading
The international majors are sharpening their UK focus on the more prospective west of Shetland area, with BP raising its stake in the Clair field and Chevron hoping to sell Continue Reading
Fully cost-competitive electric vehicles will be on European roads by 2024-25 if battery costs continue to fall at current rates, according to speakers at Oxford City Council’s EV Summit 2018 Continue Reading
French consultancy Cedigaz sees global gas demand growing by 1.4%/year between 2016 and 2040, a major reduction cumulatively from last year’s 1.8% compound annual growth rate. It does however see Continue Reading
There may be lingering disagreements among China, the European Union, India, Japan, South Korea, Russia and the United States, but there is one complex project these seven entities have in Continue Reading
UK sales of new diesel cars fell by 30 percent in the first six months of this year, as buyers shunned the once-dominant fuel in favour of higher-CO2 petrol. Diesel Continue Reading
Major states buying oil from Iran are unlikely to heed the U.S. call to drop imports; key allies want a waiver to avoid sanctions; OPEC, meanwhile, will have trouble boosting Continue Reading
Oil prices edged up on Wednesday following a report of tightening U.S. fuel inventories amid an outage at Syncrude Canada oil sands facility in Alberta, which usually supplies the United Continue Reading
Crude oil prices rose on Tuesday with the U.S. benchmark hitting a four-year high on expected drains in domestic inventories and outages in Libya. Crude oil prices fell on Monday Continue Reading
The United Arab Emirates became the latest party to an OPEC-led effort to stabilize the oil market with pledges of an increase in production on Tuesday. Members of the Organization Continue Reading
