China’s CNOOC Group said it aims to double its exploration projects and proven oil and gas reserves in seven years, the company said on Friday via its official Wechat account. Continue Reading
Related The debate is occurring as trade officials try to figure out the best way to pry concessions from China . It hasn’t yet reached President Trump, and the outcome Continue Reading
There is rising concern among global investors that a Chinese growth slowdown will drag down the world economy. If reported growth on Monday comes in below expectations, the news could Continue Reading
Decelerating economy single largest risk to Chinese oil sector Trade war, IMO2020 and refining overcapacity also major issues Oil demand growth slows to 3.4% in 2019 versus 4.6% in 2018: Continue Reading
The EIA projects U.S. gasoline prices will see a lower average in 2019 and 2020 compared with last year, but in both cases higher than current levels. Photo by Gary Continue Reading
While low oil prices are beginning to slow the growth of U.S. shale , in the years ahead oil and gas drilling could be curtailed by a different problem: a Continue Reading
U.S. natural gas prices continue their rollercoaster ride at the height of the heating season, after extreme volatility gripped the market in the fall amid more-than-a-decade low natural gas inventories Continue Reading
A truck leasing company has said Tesla had approached with an offer to test drive a new truck prototype whose initial version the luxury EV maker revealed last year. Electrek’s Continue Reading
The US DOI now reports that domestic crude production could surge to 14 MMbpd by 2020. U.S. crude oil exports have soared due to a combination of: rising domestic crude Continue Reading
2018 was the year the oil and gas industry promised that its darling, the shale fracking revolution, would stop focusing on endless production and instead turn a profit for its Continue Reading
