The Canadian province of Alberta’s OPEC-style decision to force production cuts is benefiting oil companies with higher prices, but it is also pushing capital elsewhere and threatens to undermine booming Continue Reading
A U.S. Environmental Protection Agency rule to allow sales of higher-ethanol blends of gasoline year-round is being delayed by a partial government shutdown, acting Administrator Andrew Wheeler said on Wednesday. Continue Reading
Rystad Energy forecasts offshore spending will outgrow spending on onshore shale activities this year. Service companies exposed to the offshore subsea market and the maintenance, modifications and operations (MMO) sector Continue Reading
When nuclear energy is still widely seen as one of the most promising solutions to climate change, as well as one of the most efficient replacements for the more traditional Continue Reading
The Energy Information Administration reported a crude oil inventory decline of 2.7 million barrels for the week to January 11 but the report failed to have any palpable effect on Continue Reading
U.S. crude oil production will average 12.1 million barrels per day in 2019, according to the EIA’s latest short-term energy outlook. U.S. crude oil production will average 12.1 million barrels Continue Reading
ANOTHER DAY, another study showing terrible news for the climate. There is a danger that scientists’ findings are coming so often and sounding so dire that even thoughtful observers will Continue Reading
The recent slide in oil prices may finally start impacting U.S. oil production forecasts. The plunge in oil prices in November and December spread gloom around the industry. Comments from Continue Reading
Continuously rising U.S. shale production will make the United States a net exporter of crude oil and petroleum products in the fourth quarter of 2020, the EIA said in its Continue Reading
Sixty percent of Canadians now feel that the country’s oil pipeline capacity has reached crisis levels, according to a new survey from the Angus Reed Institute. Pipeline takeaway capacity has Continue Reading
