The Nigerian Navy has deployed 16 newly bought ships to the Niger Delta to guard critical oil infrastructure, local media report , quoting the Chief of the Nigerian Naval Staff. Continue Reading
Hard hit by a currency crunch amid skyrocketing hyperinflation, Venezuela will raise the price of the gasoline in the coming months, President Nicolas Maduro has said, unveiling a new payment Continue Reading
Frustrated Venezuelan drivers faced lengthy lines for gasoline in border states on Tuesday as the government struggled to roll out a new payment system that President Nicolas Maduro says will Continue Reading
China’s demand for natural gas is set for another winter boom, but this time around the world’s biggest energy user will be better prepared to deal with risks of shortages, Continue Reading
A wave of contaminated fuel that has clogged and damaged engines on hundreds of oil tankers and container vessels in the past months has pushed shippers to demand stricter quality Continue Reading
Pipeline capacity constraints in the Permian are affecting not only surging oil production. There’s a shortage of natural gas pipelines as well, and operators across West Texas and New Mexico Continue Reading
The death of U.S. Energy Independence will occur when the collapse of shale oil production begins. And when U.S. shale oil production finally peaks and declines, it could fall much Continue Reading
The chief executive of the largest oilfield service provider, Schlumberger, warned on Tuesday that bottlenecks in the largest U.S. shale basin would slow oil production growth and investments in the Continue Reading
As the crude powerhouse that is Texas’ Permian Basin becomes old news, oil explorers are looking for the next big thing–and they have found it in the more-than 4000 feet Continue Reading
After nearly two decades of horizontal drilling, fracking – as it is commonly known, has “turned the energy world upside down,” according to Journalist Bethany McLean, a former Goldman Sachs Continue Reading
