Analysis: China LNG demand growth to slow in 2019
Singapore — China LNG demand is expected to rise further this year in line with its industrial and residential gas use, but the pace of that growth is set to Continue Reading
Exxon, Chevron fourth-quarter profits lifted by U.S. shale gains
Exxon Mobil Corp and Chevron Corp, two of the world’s largest oil producers, on Friday posted improved quarterly earnings that benefited from double-digit percentage increases in production from the top Continue Reading
A climate problem even California can’t fix: tailpipe pollution
For three decades, California has led the fight to control tailpipe pollution, with countless policies promoting cleaner gasoline, carpooling, public transportation and its signature strategy – the electric vehicle. Californians Continue Reading
Gone in a Generation
Across America, climate change is already disrupting lives. The continental United States is 1.8 degrees Fahrenheit warmer than it was a century ago. Seas at the coasts are nine inches Continue Reading
ExxonMobil Leads In Exploration Successes In 2018
Driven by its significant investment in Guyana, ExxonMobil is leader of the pack among the top oil and gas explorers of 2018, according to Rystad Energy’s annual exploration review. “ExxonMobil Continue Reading
Australia’s rolling blackouts may provide lessons for Texas grid operator
Troubles in an Australian power grid facing record summer heat may provide a cautionary tale for the Electric Reliability Council of Texas as it faces a high probability of a Continue Reading
Alberta Amends Oil Curtailment to Pacify Companies
Alberta is gradually chipping away at its own oil curtailment program to placate energy companies that have grown unhappy with the mandated cuts. The oil-rich Canadian province amended the curtailment Continue Reading
US Drops 15 Oil Rigs
The nation’s rig count saw a decline this week of 15 oil rigs. The U.S. dropped 15 oil rigs and added one gas rig this week for a net loss Continue Reading
Permian Boosts ExxonMobil, Chevron Earnings
Soaring production in North America’s most prolific oil field helped propel Exxon Mobil Corp. and Chevron Corp. to bigger-than-expected fourth-quarter profits. Shares for both explorers were among the day’s best-performing Continue Reading
Imperial Oil Rolls Back U.S.-Bound Exports, Citing Surge in Cost
Exxon Mobil Corp.’s Canadian unit Imperial Oil Ltd. is scaling back the amount of U.S.-bound oil it ships by rail from the province of Alberta to nearly zero this month. Continue Reading