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Month: July 2018

Category:
  • Russia

Russia Takes Outsize Role in Boosting Oil Supply

Russian oil companies are priming the pumps to significantly boost crude output this summer, taking on an unusually important role in a global effort to keep prices in check. Alongside Continue Reading

Posted On : 4 Jul 2018 Published By : Tom Whipple
Category:
  • Netherlands

The Netherlands Can’t Afford To Keep Its Natural Gas Promise

The Netherlands has been the source of cheap energy for northwest Europe for the past decades. The discovery of the Groningen gas field, the 9th largest in the world, provided Continue Reading

Posted On : 4 Jul 2018 Published By : Tom Whipple
Category:
  • Sweden

Volvo Car Mobility launches mobility brand M; market debut in 2019

Volvo Car Mobility—a wholly-owned and stand-alone entity within Volvo Car Group that aspires to deliver a better alternative to car ownership for urban and metro consumers— launched M, a new Continue Reading

Posted On : 4 Jul 2018 Published By : Tom Whipple
Category:
  • Prices

Libya force majeure pushes up oil, U.S. crude hits highest since late 2014

Oil prices rose on Tuesday after Libya declared force majeure on some of its supplies, while an ongoing Canadian outage lifted U.S. crude to levels not seen since late 2014. Continue Reading

Posted On : 3 Jul 2018 Published By : Tom Whipple
Category:
  • Prices

Here’s why oil’s surge is far from over, and $100 per barrel could be in the cards

With oil rallying 14 percent in the second quarter alone, investors might be tempted to take some profits. That would be a mistake, says one widely followed energy strategist. “What Continue Reading

Posted On : 3 Jul 2018 Published By : Tom Whipple
Category:
  • Prices

What Trump’s Tweet Actually Means For Oil

As previously reported, Saudi Arabia and Iran have been on a collision course since the recent OPEC+ Vienna meeting. Tehran has openly opposed the OPEC+ oil production increase, but was Continue Reading

Posted On : 3 Jul 2018 Published By : Tom Whipple
Category:
  • Prices

Analysts Raise Oil Price Forecast On Expectations Of Supply Deficit

OPEC and Russia’s pledge to boost oil production will not be enough to offset supply disruptions from Iran and Venezuela amid strong oil demand, according to a monthly Reuters poll Continue Reading

Posted On : 3 Jul 2018 Published By : Tom Whipple
Category:
  • Prices

Oil Rallies Towards $80

It was only a week ago that OPEC and Non-OPEC agreed to add 1 million barrels per day (mb/d) to the market, but it already feels like a distant memory Continue Reading

Posted On : 3 Jul 2018 Published By : Tom Whipple
Category:
  • Global

Have we reached Peak Sand?

Illegal sand mining in India Yet another thing we are running out of. For years on TreeHugger, we have talked about Peak Everything, having started with Peak Oil. so it Continue Reading

Posted On : 3 Jul 2018 Published By : Tom Whipple
Category:
  • p-

US reliance on Opec endures despite shale boom

Greg Abbott, governor of the state of Texas, hailed the US as an energy-independent country last week, saying on Twitter it would “NEVER AGAIN” be beholden to foreign oil producers. Yet Continue Reading

Posted On : 3 Jul 2018 Published By : Tom Whipple

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