China’s Gas Pivot Is Starting To Pay Off
Environmental authorities in China said on Friday that Beijing and its surrounding industrial province of Hebei cut smog emissions by at least 12 percent in 2018 after a long crackdown Continue Reading
U.S. Oil Shipments To Asia Set To Rise Soon
A combination of lower shipping costs and lower domestic demand will boost U.S. crude oil exports to Asia, Reuters reports , citing sources from the commodity trading and shipping industries. Continue Reading
China launches subsidy-free solar, wind power after project costs fall
China will launch a series of subsidy-free wind and solar projects this year to take advantage of a rapid fall in construction costs since 2012 and tackle a gaping payment Continue Reading
Dalian iron ore falls on anti-smog measures in northern China
China’s iron ore futures dipped by nearly 1 percent on Thursday, as emergency anti-pollution measures in northern China dampened demand for steelmaking raw materials. The Ministry of Ecology and Environment Continue Reading
Utilities Speed Up Closure of Coal-Fired Power Plants
Northern Indiana Public Service, part of NiSource Inc., concluded that phasing out coal sooner was worth it because it would move the company to what is becoming a cheaper source Continue Reading
Something Extraordinary Is Happening In Jet Fuel Markets
Asia and the United States are experiencing historic prices for jet fuel, yet their current circumstances couldn’t be more opposite. In Asia, jet fuel has plummeted over the past two Continue Reading
BP Unlocks One Billion Barrels In Gulf Of Mexico With New Tech
Earlier this decade, BP and the Gulf of Mexico was an awkward and uneasy collocation for the UK oil supermajor after the 2010 Deepwater Horizon disaster. Nearly a decade and Continue Reading
Tesla Warns Self Driving Option ‘Very Far Away’ Due To Regulation
Tesla has been warning its buyers who have ordered the ‘Full Self-Driving package’ that the option may not be available for a very long time because of regulations in various Continue Reading
Producers weigh DUC production at $50/b oil
Highlights Market mixed if higher or lower price needed Platts: $50/b oil enough to bring production DUC decisions also hinge on takeaway ability Houston — The volume of drilled but Continue Reading
Problems for US Producers at $50
U.S. producers can’t generate cashflow and production growth at $50 per barrel oil, according to Energy Aspects. U.S. producers can’t generate cashflow and production growth at $50 per barrel oil. Continue Reading