A leak in the Keystone Pipeline has released an estimated 383,000 gallons of oil – about the size of an Olympic swimming pool – into the North Dakota wetlands. The Continue Reading
Ford Motor’s latest offering seems like an oxymoron twice over: It’s a sport utility vehicle that’s electric … that’s a Mustang. It’s also Detroit’s biggest bet yet on a mass-market Continue Reading
Earlier this summer, it seemed that U.S. shale oil growth was beginning to slow. But then production growth picked back up headed into the fall, and is presently at 12.6 Continue Reading
On today’s Platts Capitol Crude, Lynn Helms, director of the North Dakota Department of Mineral Resources , says Bakken oil output will continue to break records into 2020, but enforcement Continue Reading
In Los Angeles, Ford unveiled the all-electric Mustang Mach-E SUV. When it arrives in late 2020, Mustang Mach-E will be available with standard (75.7 kWh Li-ion battery) and extended-range (98.8 Continue Reading
Russia expects to increase its crude oil exports by around 400,000 bpd-500,000 bpd to more than 5.6 million bpd within five years, Energy Minister Alexander Novak said in an article Continue Reading
The Veneto regional council that decides policies for Venice was struck by a flood just minutes after the majority of the council members rejected a plan for tackling climate change Continue Reading
While almost everyone in Washington is glued to impeachment developments, Europe has been quietly drifting toward a recession. This is bad news for Christine Lagarde, the former head of the Continue Reading
The BMW Group has pooled its years of experience with battery cells and extensive knowledge in the field in a new Competence Center in Munich. The purpose of the facility Continue Reading
From the glass-fronted living room of his house in Ober-Ramstadt, Gunther Schulz points towards the wooded hills that rise on the other side of the valley. It is a fine Continue Reading
Oil prices pared losses on Friday, after earlier falling more than 1% following comments from U.S. President Donald Trump that he has not agreed to roll back tariffs on China. Continue Reading
The #1 Free Tool For Energy Professionals and Investors (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) Continue Reading
African countries need to invest four times more in electricity than they are investing now in order to expand reliable supply to the whole continent, the International Energy Agency has Continue Reading
Fresh clashes between Iraqi security forces and anti-government protesters broke out in Baghdad on Friday killing one person, despite a call for calm by the country’s top Shi’ite cleric, as Continue Reading
Operations resumed at a port and an oil refinery in southern Iraq on Thursday after protesters left both areas, port officials, security and oil sources said. They did not immediately Continue Reading
Saudi Arabia is gearing up for the Aramco IPO, pulling out all the stops to boost the company’s valuation. But it’s a desperate attempt that is riddled with risk. Saudi Continue Reading
President Donald Trump on Friday said he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world’s two largest economies may end Continue Reading
“I haven’t agreed to anything,” Trump told reporters at the White House. “But we’re getting along very well with China. They want to make a deal. Frankly, they want to Continue Reading
President Trump on Friday ruled out rolling back all the tariffs he has imposed on China and indicated that he has not yet decided which levies, if any, he might Continue Reading
Refinery start-ups and stabilizing refining margins drove China’s crude oil imports to a record high in October, Chinese customs data showed on Friday. The world’s top oil importer increased its Continue Reading
The nation dropped seven oil rigs while the number of gas rigs remained flat. The U.S. dropped seven oil rigs this week, while the number of gas rigs remained flat, Continue Reading
China’s producer prices fell the most in more than three years in October, as the manufacturing sector weakened on declining demand and a knock from the Sino-U.S. tariff war, reinforcing Continue Reading
China may cut, yet again, subsidies for customers buying electric vehicles (EVs), in what could be another heavy blow to electric car sales in the world’s biggest EV market, which Continue Reading
The US oil and gas rig count fell again this week, according to Baker Hughes, continuing the downward trend with a drop of 5 rigs for the week, according to Continue Reading
The upcoming IMO 2020 sulfur emission regulation is prompting both owners and charterers to negotiate and incorporate new clauses in their charter party agreements, or CPAs, to factor in the Continue Reading
President Donald Trump on Friday said he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world’s two largest economies may end Continue Reading
Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s Continue Reading
PG&E isn’t broke. It is following the survival strategy used by other troubled companies to put a lid on damage claims. For victims, that amounts to a loss of negotiating Continue Reading
A top Federal Reserve policymaker on Friday signaled the U.S. central bank may join its international peers in incorporating climate change risk into its assessments of financial stability, and may Continue Reading
A woman was found dead in flood water on Friday after severe storms brought a month’s rainfall in less than 24 hours to parts of central and northern England. Police Continue Reading
VW has started production of lithium-ion battery systems at a factory in Braunschweig, Germany, set to produce 500,000 units per year, the automaker said Friday. VW started the production of Continue Reading
Russian Sibanthracite Group is looking to replace Australian coal as it boosts its export infrastructure to meet growing coal demand in Asia, an executive said Friday. That came as the Continue Reading
Oil prices fell on Friday, weighed down by lingering uncertainty about how close the United States and China were to a trade deal and on rising U.S. crude inventories. Benchmark Continue Reading
Crude oil futures were lower in mid-morning trade in Asia Friday as investors were cautious on how the agreement made between the US and China to roll back their respective Continue Reading
Oil rose above $62 a barrel on Thursday after China hinted at progress towards a trade deal with the United States, raising hopes for an end to a long dispute Continue Reading
“If all the ships on Earth were a single country, that country would be the sixth-largest polluter in the world.” This shocking fact comes from a recent NPR report by Continue Reading
An explosion took place in one of the production units of Syria’s Banias refinery near the Mediterranean coast during maintenance operations, Syria’s oil minister said on Thursday. One worker was Continue Reading
Turkish President Tayyip Erdogan accused the United States and Russia on Thursday of failing to fulfill their part of a deal for Kurdish militia to leave a Syrian region bordering Continue Reading
The United Nations nuclear watchdog and Western powers on Thursday strongly criticized Iran for preventing one of the agency’s inspectors from leaving the country last week. U.S. Ambassador to the Continue Reading
Iraqi security forces shot dead at least six anti-government protesters in Baghdad on Thursday, police and medical sources said, as weeks of deadly unrest showed no signs of abating. Another Continue Reading
A senior Iranian official said Tehran’s decision to increase its nuclear activity for the fourth time this year should act as a “wake-up call” for European signatories of Tehran’s 2015 atomic Continue Reading
The U.S. military near the oil fields in northern Syria has every right to defend against other forces if oil is threatened, according to Pentagon spokesman Jonathan Rath Hoffman. Proceeds Continue Reading
Saudi Arabia is hitting up its wealthy citizens to buy stock in the Saudi Aramco IPO, Bloomberg sources with knowledge of the matter said on Thursday. The citizens Saudi Arabia Continue Reading
Just days after shocking missile attacks forced half of Saudi Arabia’s crude production capacity offline in mid-September, energy minister Prince Abdulaziz bin Salman declared that state oil company Aramco would Continue Reading
Iran has held state-sponsored attacks responsible for the damage to at least three of its supertankers since April and has sought, through the International Maritime Organization , regional cooperation to Continue Reading
This year’s final oil auction in Brazil ended in a flop on Thursday, with Big Oil staying away from bidding and only one of five blocks awarded, suggesting that the Continue Reading
A slowdown in economic growth is increasingly taking a toll on India’s domestic consumption of diesel, which has witnessed negative year-on-year growth for two consecutive months, creating a problem of Continue Reading
Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up offshore blocks and forcing officials to reconsider a bidding system that gives a Continue Reading
U.S. stocks were higher late on Thursday as the latest signs of progress in U.S.-China trade relations relieved investors, though indexes pared gains after another report raised fresh worries about Continue Reading
The United States and China have agreed that an initial trade deal between the two countries would roll back a portion of the tariffs they are placing on each other’s products, officials Continue Reading
