U.S. oil export boom sparks a battle to build Texas ports
Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new supplies expected over the next Continue Reading
The Natural Gas Crash Isn’t Over
Natural gas prices have fallen sharply after spiking to multi-year highs in late 2018, and prices could fall further still. The U.S. entered the peak winter demand season with gas Continue Reading
General Motors to collaborate with EVgo, ChargePoint and Greenlots on EV charging network
General Motors will collaborate with EVgo, ChargePoint and Greenlots—three of the US’ leading electric vehicle (EV) charging networks—to enable access to the largest collective electric vehicle charging network in the Continue Reading
Norway cuts 2019 oil and gas output forecasts
Norway’s 2019 oil and gas output will be smaller than previously forecast and reach its lowest level in three decades, the Norwegian Petroleum Directorate (NPD) said on Thursday. Western Europe’s Continue Reading
OPEC cuts, US-China trade talks empower oil bulls
Crude futures settled higher Tuesday, extending the price rally for a seventh straight session amid growing evidence that OPEC supply cuts will tighten the market this year. ICE March Brent Continue Reading
Oil rises by over 1 percent on U.S., China trade talk optimism
Oil prices rose by around 1 percent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may soon resolve trade disputes that have cast a Continue Reading
Oil prices rise over 2 percent on trade talk optimism
Oil prices rose more than 2 percent on Tuesday, supported by hopes that crude demand may rise more quickly if talks between U.S. and Chinese officials resolve the trade dispute Continue Reading
WoodMac: Demand For Oil In Transportation Sector To Peak In A Decade
Global transportation demand for crude oil is expected to peak in the late 2020s, due to the rise of electric vehicles (EVs), improved efficiency standards for internal combustion engine (ICE) Continue Reading
Why 2019 Will Be A Record Breaking Year For LNG
Last year saw a rise in the importance of environmentalism and the overall attention for cleaner energy sources. In contrast to the unilateral U.S. withdrawal from the Paris Climate Agreement, Continue Reading
Saudi Arabia Edges Toward Bet on Booming U.S. Energy Sector
Companies with projects being considered include Tellurian Inc., a Houston-based LNG developer known for its intention to ship gas from its planned Driftwood terminal in Louisiana, the people said. In Continue Reading