Asia fuel oil premiums surge to record as global sulfur shift looms
High sulfur fuel oil premiums in Asia surged to a record on Thursday, one of the first signs of the impact of a shift in global ship fuel rules set Continue Reading
The Secret To Avoiding Another Nuclear Disaster
Three Mile Island, Fukushima, Chernobyl. While nuclear accidents are extremely rare, they loom large in the public conscience, making nuclear energy a hard sell for many constituents, despite its numerous Continue Reading
Shale Industry Has Destroyed 80% Of Its Value Since 2008
Recently, the former CEO of the largest shale gas producer in the United States told a roomful of conference goers what any competent financial analysis would have revealed many years Continue Reading
Governor Walz lifts transport limits to combat fuel shortages
Citing a fuel shortage in the state of Minnesota, Gov. Tim Walz has issued an emergency executive order that lifts some restrictions for drivers of commercial vehicles who are providing Continue Reading
Why Natural Gas Prices Collapsed
U.S. natural gas prices have collapsed since the end of winter, even as inventory levels remain below average levels for this time of year. Henry Hub prices spiked in the Continue Reading
Russia remains top crude supplier to China’s independent refineries in June
Russia remained as the top crude supplier to China’s independent refineries in June — the second consecutive month — with 2.32 million mt arrived, far outpacing the second supplier in Continue Reading
Oil prices fall on signs of slowing U.S. demand, economic concerns
Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy. Front-month Brent crude futures LCOc1, the international Continue Reading
Crude oil futures slide as demand concerns outweigh stocks fall
Crude oil futures were lower during mid-morning trade in Asia Thursday despite a fall reported in US crude stocks, as market participants remained focused on growth and demand related concerns. Continue Reading
Oil prices climb as U.S. equities rally, rig count drops
Oil prices edged higher on Wednesday ahead of a U.S. holiday, after falling steeply a day earlier as worries about a slowing global economy outweighed a decision by OPEC and Continue Reading
Peak Oil Demand Is Coming, Will Transform Exploration Sector
The global trend toward alternative energy sources and shifting stakeholder sentiments could mark the demise of the oil and gas exploration sector. It may also represent an opportunity to transform. Continue Reading