China is scouring the world for meat to replace the millions of pigs killed by African swine fever (ASF), boosting prices, business and profits for European and South American meatpackers Continue Reading
“If the phase-one deal is signed, China and the U.S. should remove the same proportion of tariffs simultaneously based on the content of the deal,” Chinese Commerce Ministry spokesman Gao Continue Reading
China’s crude oil imports surged 17% year on year to hit a historical high of 10.76 million b/d, or 45.51 million mt in October, preliminary data from the General Administration Continue Reading
Recycling technologies for end-of-life lithium ion batteries (LIBs) are not keeping pace with the rapid rise of electric vehicles, setting up a potentially huge waste management problem for the future, Continue Reading
Frustrated with wildfires and intentional blackouts caused by Pacific Gas & Electric, more than two dozen California mayors and county leaders are calling for a customer-owned power company to replace Continue Reading
– General Motors Co confirmed on Thursday it has sold its shuttered Lordstown Assembly plant in Ohio to a start-up that has an ambitious plan to begin building electric pickup Continue Reading
Strong, dry winds play a key role in wildfires blazing out of control every fall in the state, including last week’s 77,758-acre Kincade Fire , which destroyed 374 homes and Continue Reading
Mr. Stiroh’s comments came from the text of remarks prepared for delivery at the GARP Global Risk Forum in New York on Thursday. He spoke as the central bank has Continue Reading
Looking beyond the dramatic headlines—the cliff-hanger nature of Tesla’s financial statements and the Trump administration’s efforts to re-engineer the auto industry—we need to focus on one number that determines when Continue Reading
When I worked for the oil industry, I began to see things differently from the inside. The image in my mind of “Big Oil” began to be challenged immediately through Continue Reading
The 5-percent tariffs China imposed on U.S. crude oil imports two months ago could challenge the growth prospects of overall exports, economists gathered for an industry event have warned. “China’s Continue Reading
Make no mistake: Oil and gas companies may be doing some serious cost-cutting and slimming-and-trimming to stay competitive after the shale boom binge, but when it comes to employment, it’s Continue Reading
Spain’s Repsol has agreed to buy Equinor’s equity position in US Eagle Ford shale basin for $325 million in a deal giving it 100% control and operatorship of the shale Continue Reading
U.S. President Donald Trump has formally nominated Dan Brouillette to serve as the next U.S. Secretary of Energy. U.S. President Donald Trump has formally nominated Dan Brouillette to serve as Continue Reading
The shutdown of one of Canada’s largest crude pipelines has shippers turning to rail to move their oil. (Bloomberg) — The shutdown of one of Canada’s largest crude pipelines has Continue Reading
Virginia voters gave Democrats a leadership trifecta on Nov. 5, 2019, flipping both chambers of the legislature from Republican to Democrat in a state led by Democratic Gov. Ralph Northam. Continue Reading
Europe’s biggest economy, Germany, which is also set to be one of the biggest and fastest-growing electric vehicle (EV) markets in the world, could be the ideal location for Tesla’s Continue Reading
UK police have been accused of sexually assaulting female anti-fracking protesters, including groping and exposing their their breasts while placing them under arrest, reports The Guardian . “I’ve seen women Continue Reading
Just a couple of months after it announced it will move ahead with a plan for emission reduction, Russia has abandoned the plan, under pressure from businesses that face steep Continue Reading
Norway’s energy giant Equinor has made one of this year’s biggest discoveries in the North Sea estimated to contain up to 100 million barrels of oil equivalent in the most Continue Reading
Crude oil futures were steady in mid-morning trade in Asia Thursday as investors digested news of a delay in the signing of a US-China trade deal and a bigger-than-expected increase Continue Reading
Crude oil futures were lower in mid-morning trade in Asia Wednesday, retracting from the highest settle in a more than a month, on the back of a larger-than-expected build in Continue Reading
US plans to tackle emissions have been deemed “insufficient” Paul Souders/Getty Almost three quarters of the climate pledges countries have put forward for the Paris agreement fall short of the Continue Reading
Global Warning More than 11,000 scientists in 153 nations have endorsed a newly published statement on climate change — and it’s extremely gloomy. “The climate crisis has arrived and is Continue Reading
Various Chinese state-held companies and funds are negotiating possibly investing up to US$10 billion in the initial public offering of Saudi oil giant Aramco, which is desperate to see large Continue Reading
Turkey’s state-run media is reporting the United States is planning two new military bases in Syria’s oil-rich Deir ez-Zor province, which are currently under construction, after US special forces convoys Continue Reading
Somalia is preparing for the launch of its first-ever crude oil licensing round, with details about it to be announced in December, the country’s oil minister told media. “We are Continue Reading
One of the many disasters for Saudi Arabia that has come after the accession of Crown Prince Mohammad bin Salman (MbS) as its effective leader was the ostracism of neighboring Continue Reading
Jellyfish aren’t just a menace—they may very well have the power to save the planet. The marine creatures have long been studied for their potential to help combat major diseases Continue Reading
Venezuela’s state-held oil firm PDVSA has cut its outstanding debt to the largest Russian oil producer, Rosneft, to below US$1 billion, Russia’s oil giant, one of the few companies still Continue Reading
Brazil may be able to produce in the future as much as 7 million barrels of oil per day (bpd), Mines and Energy Minister Bento Albuquerque said on Wednesday, without Continue Reading
China imposed 5% tariff on US crude oil in September US crude exports to China have averaged 169,000 b/d in 2019 Trade fight to limit access to major demand market Continue Reading
What would have been Brazil’s biggest oil auction ever has ended in a near-total flop, as oil majors steered clear of the pricey oil areas up for grabs. Brazil was Continue Reading
Financial crisis has made borrowing rates ‘unreasonable’ At least four groups are eyeing the project More pipeline capacity is needed to further develop Vaca Muerta gas Mar del Plata, Argentina Continue Reading
Summary of Weekly Petroleum Data for the week ending November 1, 2019 U.S. crude oil refinery inputs averaged 15.8 million barrels per day during the week ending November 1, 2019, Continue Reading
Welcome to the new era of moderation for shale producers. IHS Markit predicts that growth in U.S. oil production is heading for a “major slowdown,” falling from 440,000 barrels per Continue Reading
Two shale pioneers think the days of relentless production growth from US unconventional oil fields are ending. (Bloomberg) — The days of relentless production growth from U.S. shale oil fields Continue Reading
A few high-profile shale executives say the glory days of shale drilling are over. In a round of earnings calls, the financial results were mixed. A few companies beat earnings Continue Reading
There’s trouble brewing in the U.S. largest oil company while most investors remain in the dark. ExxonMobil added a record number of wells in the Permian during the first three Continue Reading
Earlier this month, France’s constitutional court upheld a law cutting palm oil from the country’s list of approved biofuels and eliminating associated tax exemptions. The court rejected an appeal by Continue Reading
Russian refineries processed 24.156 million mt of crude in October, up 2.9% year on year and up 2.7% from September as refinery maintenance draws to a close, according to energy Continue Reading
Polenergia to build 38 MW Szymankowo project Asahi Breweries signs PPA with RWE to fund expansion project Mercedes Benz signed first PPA with existing wind farm last year Warsaw — Continue Reading
Inconsistent requirements for charging stations across Europe are keeping the infrastructure for electric cars from growing as fast as it could, the CEO of ChargePoint, one of the world’s largest Continue Reading
Crude oil futures were lower in mid-morning trade in Asia Wednesday, retracting from the highest settle in a more than a month, on the back of a larger-than-expected build in Continue Reading
The American Petroleum Institute (API) has estimated a crude oil inventory build of 4.26-million barrels for the week ending October 31, compared to analyst expectations of a 1.515-million-barrel build. Last Continue Reading
Oil prices rose more than 1% on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some tariffs on Chinese imports.Brent crude futures rose Continue Reading
Comments from Iran’s Oil Minister Bijan Zanganeh yesterday pushed oil prices higher as he suggested that OPEC might agree to deeper production cuts, but the rally did not last, with Continue Reading
The Most Important Industry Of Our Lifetime : Tech leaders are betting their fortunes on a new space race, and Goldman Sachs says “this will create the world’s first trillionaire” Continue Reading
Now that it has become abundantly clear energy storage is the most important factor that can ensure the long-term success of renewable energy, the field has been brimming with potential Continue Reading
The prospects for developing nuclear fusion as a feasible source of energy have significantly improved, say experts. The UK government has recently announced an investment of £200m to deliver electricity from Continue Reading
