China Poised To Dominate South Sudan’s Oil Industry
A Chinese state oil major that already dominates most of South Sudan’s oil production is poised to play an even larger role in the African country’s efforts to boost its Continue Reading
August production soars as Iraq grabs market share
Nationwide oil production grew steeply again in August, as the federal government continued to unlock field capacity in the wake of loosening OPEC constraints. Combined output from the federal government Continue Reading
Iran Says Oil Revenues Jump 60% In March-July
Iran’s crude oil and oil product revenues in the first four months of the Iranian year beginning March 21 until July 23 jumped by 60 percent on the year to Continue Reading
Iran’s oil output falls to 3.52 million b/d in August as US sanctions loom: EIA
Iranian crude production fell 200,000 b/d from July to 3.52 million b/d in August as US sanctions loom, and apparent hedging activity indicates some traders are preparing for a potential Continue Reading
The Air-Conditioning Debate Isn’t Really About Air-Conditioning
Jacobin recently published an article calling for a national and worldwide expansion of air-conditioning usage. In it the writer, Leigh Phillips, used the suffering of economically and ecologically stressed people Continue Reading
Nigeria Now Haven for ‘Dirty Fuels’ As Regulations Fail
Failure on the part of industry regulators in Nigeria has relegated Nigeria to the background among the comity of nations, thus making it a destination for dirty fuels. Petroleum products Continue Reading
The Qatar-China LNG Deal Is A Game Changer
PetroChina has just inked a deal to buy 3.4 million tonnes per annum (mtpa) of LNG from QatarGas in a move representing the Chinese firm’s largest ever to date LNG Continue Reading
U.S. Crude’s Discount to Global Prices Opens Taps to Exports
Cheaper U.S. crude prices make American-produced oil an easier sell in places like Asia, even with the cost of shipping, typically a few dollars a barrel. The price gap also Continue Reading
Trump’s EPA proposes weaker methane rules for oil and gas wells
The Trump administration on Tuesday proposed weakening requirements for testing and repairing methane leaks in drilling operations, among other measures, in a step toward rolling back an Obama-era policy to Continue Reading
EIA cuts forecast for 2019 U.S. crude production growth
U.S. crude oil production in 2019 is expected to grow at a slower rate than previously forecast, according to a monthly U.S. government forecast on Tuesday. U.S. crude production is Continue Reading