Peak-Oil.org on hiatus indefinitely
Dear readers, Peak-Oil.org is on hiatus indefinitely; our erstwhile editor, Tom Whipple, has been ill but is on the mend. His daily presence is sorely missed and we are hoping Continue Reading
Oil gains on U.S. economic data, Gulf crude tanker dispute
Oil prices inched up on Friday, ending the week higher after stronger-than-expected U.S. economic data brightened the crude demand outlook and concerns over the safety of oil transport around the Continue Reading
Nigeria: Excess Output Forces China to Export Petrol to Nigeria, Mexico
A wave of new production and slowing domestic demand have forced China to export petrol cargoes to Nigeria and Mexico as the Asian country ramps up petrol exports in July Continue Reading
Is India Close To Launching Its Own Gigafactory?
India may be planning its own EV battery gigafactory, LiveMint reports, citing an unnamed government official. According to the report, the facility would cost US$4 billion to build. “We are Continue Reading
India’s Venezuelan June oil imports highest in seven quarters: trade
India’s oil imports from Venezuela surged to about 475,200 barrels per day (bpd) in June, more than double the previous month and highest in 21 months, data from shipping and Continue Reading
U.S. renews Chevron license in Venezuela for three months as Trump officials compromise
The Trump administration on Friday renewed Chevron Corp’s ( CVX.N ) license for three months to drill for oil in Venezuela despite sanctions, a compromise between officials seeking maximum pressure Continue Reading
Trump struggles to achieve 3 percent economic goal as growth slows
President Trump has touted the economy during his administration. (Jabin Botsford/The Washington Post) The U.S. economy slowed in the spring, falling to a level that most economists consider healthy but Continue Reading
U.S. oil drillers cut rigs for fourth week in a row: Baker Hughes
U.S. energy firms this week reduced the number of oil rigs operating for a fourth week in a row, putting the rig count down for an eighth consecutive month as Continue Reading
Renewable Natural Gas Close To Taking Off In U.S.
Renewable natural gas—methane collected from waste and manure—is a popular source of energy in Europe, but in the United States, it has yet to establish itself as a viable alternative Continue Reading
Rig Count Falls Falls Amid Stellar Decline In US Oil Production
The US oil and gas rig count fell by 8 this week, according to Baker Hughes, adding to months of losses, as US oil production falls to lowest levels since Continue Reading