The average run rate at China’s state-owned refiners Sinopec, PetroChina, Sinochem and China National Offshore Oil Corp. dropped for the second-straight month due to many refineries starting maintenance in April, Continue Reading
If you think the carnage taking place in the shale oil companies is nearly over, you couldn’t be more wrong. I believe the bloodbath in the shale oil stocks has Continue Reading
A month after severe March flooding swept the Midwest, the Missouri River is still running high, complicating recovery for many communities in the region. Sections of Scott Olson’s farm near Continue Reading
A team of researchers from the University of California Los Angeles have created a unique device that can generate electricity from snowfall, science media report , citing a paper published Continue Reading
The Russian energy ministry said Sunday that problems with the deteriorating quality of crude exported to the West is technical, and will be resolved in the near future. The ministry Continue Reading
The continued slowdown of US shale production and the looming deadline for Iran sanctions waivers have put a floor under oil prices this week Friday, April 19, 2019 Oil held Continue Reading
The era of oil is coming to an end, with global oil production set to halve in the next five to six years. To avoid a global economic slump, the Continue Reading
Total OECD annual production of crude oil, natural gas liquids (NGL), and refinery feedstocks increased by 10.3% in 2018 compared to 2017, reaching a record total monthly production of over Continue Reading
US President Donald Trump’s apparent signal of support for the Libyan National Army over the UN-backed Government of National Accord was motivated by the president’s concerns over the impact another Continue Reading
Abdullah Doma/Agence France-Presse — Getty Images President Trump on Friday abruptly reversed American policy toward Libya, issuing a statement publicly endorsing an aspiring strongman in his battle to depose the Continue Reading
