U.S. oil exports to Japan and South Korea will rise to record highs this month as Asian refiners take advantage of the steep discounts American sellers are offering after losing Continue Reading
The proposed changes, among other measures, would give drillers a year to do leak inspections instead of just six months, and 60 days to make repairs instead of 30, the Continue Reading
The Permian pipeline bottleneck continues to pinch the shale industry, forcing steep discounts for oil stuck in West Texas. Yet, the midstream constraints will be temporary and few in the Continue Reading
To be fair, not all shale gas drilling is slowing, but in the Permian Basin, which has seen the most incandescent growth in recent years, according to the Financial Times Continue Reading
Walmart Canada plans to power its fleet using 100% alternative power by 2028. To meet that goal, the company has announced plans to acquire an additional 30 Tesla 18-wheeler semi-trucks, Continue Reading
If you follow energy markets at all, you know that prices on the Brent global oil benchmark have traded within a robust band of $70 to $80 a barrel for Continue Reading
Native American tribes in Montana and South Dakota sued the Trump administration on Monday, claiming it approved an oil pipeline from Canada without considering potential damage to cultural sites from Continue Reading
Norway has received bids from 38 companies applying for new exploration acreage in the latest licensing round for mature areas on the Norwegian Continental Shelf, Norway’s Ministry of Petroleum said Continue Reading
Something strange happened last week: Russia’s largest independent gas producer, Novatek, surpassed in market value state behemoth Gazprom for the first time ever. Yet, as strange and possibly even unnatural Continue Reading
Russia’s energy minister Alexander Novak believes OPEC, Russia and their allies within the production cut alliance should ink an agreement on the group’s broader cooperation in December so that the Continue Reading
