Venezuela’s state-owned oil company PDVSA now has 10.8 million barrels of crude sitting dockside without a buyer due to US sanctions, according to reports from terminals reviewed by S&P Global Continue Reading
Oil prices have been trending upward over the last two months, up around 22 percent since the start of the year. Much of this upward support on prices comes from Continue Reading
Wind power’s global growth rate slowed slightly last year, with a 3.6 percent drop in new installed capacity as compared to 2017’s growth rate. Despite this small dip, however, the Continue Reading
An oil tanker carrying U.S. crude oil is offloading its cargo at a Chinese port on Friday, marking China’s first import from the United States since late November, according to Continue Reading
U.S. crude oil production edged lower in December to 11.85 million barrels per day, posting its first decline since May, the U.S. Energy Information Administration said in a monthly report Continue Reading
The U.S. Energy Department said on Thursday it is offering up to six million barrels of sweet crude oil from the national emergency reserve in a sale mandated by a Continue Reading
The U.S. energy secretary said on Thursday the United States needs to be cautious about legislation allowing the Trump administration to sue OPEC and other oil producers oversupply cuts because Continue Reading
New efforts by President Trump and his staff to question or undermine the established science of climate change have created a widening rift between the White House on one side, Continue Reading
Summary of Weekly Petroleum Data for the week ending February 22, 2019 U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending February 22, 2019, Continue Reading
The EV battery race intensified this week with the announcement that a startup financially supported by the U.S. Department of Energy had released a lithium ion battery that stores more Continue Reading
