The Permian Could Soon Have Too Much Pipeline Capacity
You could be forgiven for doing a double take on that sentence. There has been a lot of attention paid to the pipeline woes in West Texas, but because of Continue Reading
Equinor Raises Resource Estimate At Giant North Sea Oil Field
Equinor has raised the resource estimate for its giant oil field Johan Sverdrup in the North Sea and said it was able to drive development costs for the project further Continue Reading
Global Car Sales Hit Speed Bump as Demand Slows and Trade Tensions Loom
In Europe, where new-vehicle sales have benefited from the continent’s recovery, the car market is also softening as demand returns to prerecession levels. That is making profits harder to come Continue Reading
Crude oil futures slip amid mild profit-taking; market awaits fresh cues
Crude oil futures were marginally lower during mid-morning trade in Asia Monday amid some mild profit-taking following the surge during Friday’s trading session on the back of the fall in Continue Reading
Oil falls ahead of OPEC+ monitoring committee call
Oil prices fell on Monday on concerns the U.S.-China trade dispute will erode global economic growth, and ahead of a conference call between members of a committee monitoring an OPEC Continue Reading
Saudi Aramco loses its ‘in perpetuity’ oil and gas rights
Saudi Arabia has cut the length of time that its state energy company has exclusive rights to the kingdom’s vast oil and gasfields, raising questions about Saudi Aramco’s long-term production Continue Reading
Syria’s Second-Biggest Oil Field Is Operational Again
The second-largest oil field in Syria, the Tanak field in the oil-rich Deir Ezzor region, is operational again, nearly a year after U.S.-backed predominantly Kurdish forces recaptured the field from Continue Reading
India’s Coal Reliance Deepens
Despite high prices in international markets, imports continue to rise — and there’s no letting up on that front. After a dip in FY 2017, overall coal imports increased 10 Continue Reading
Venezuela’s PDVSA files appeal against Crystallex court ruling
Venezuela’s state oil firm Petroleos de Venezuela SA (PDVSA) PDVSA.UL said on Saturday it filed an appeal requesting that a Delaware court vacate a decision on Aug. 23 granting Canadian Continue Reading
Mexico’s New President To Deal Blow To Oil Industry
Mexico’s president-elect Andres Manuel Lopez Obrador (AMLO) will reportedly suspend oil auctions for at least two years, according to the Wall Street Journal , with some experts believing that his Continue Reading