The United States is sending nearly 3,000 additional troops to the Middle East from the 82nd Airborne Division as a precaution amid rising threats to American forces in the region, Continue Reading
Oil companies in the Middle East are tightening security as U.S. officials say American energy infrastructure in the region is a likely target for Iranian retaliation following the killing by Continue Reading
Killing of Soleimani seen as rapid escalation of US policy Odds of military conflict double: Eurasia Group Steady prices, US shale bolstered hardline policy Washington — Just over three weeks Continue Reading
Highlights Platts Analytics sees Brent capped at $70/b without another attack Analysts see $5-$10/b risk premium from US strike in Iraq Iran might target regional oil infrastructure in retaliation Washington Continue Reading
The oil market was on tenterhooks Friday amid increased geopolitical risk in the Middle East after Iran vowed to exact “harsh revenge” for US airstrikes that killed its top military Continue Reading
Iran has pledged to avenge US air strikes that killed its top commanders, severely raising the risk of more attacks by Iran against Middle Eastern and US interests in the Continue Reading
Crude oil futures spiked in Asia Friday on news that the US had killed General Qassim Soleimani, leader of the Iranian Revolutionary Guard’s foreign wing, in a strike in Iraq. Continue Reading
The real question to ask about the American drone attack that killed Maj. Gen. Qassim Suleimani was not whether it was justified, but whether it was wise. Many pieces of Continue Reading
Rival Shi’ite political leaders on Friday called for American troops to be expelled from Iraq after a U.S. air strike in Baghdad killed a senior Iranian general, in an unusual Continue Reading
BASRA, Iraq (Reuters) – U.S. citizens working for foreign oil companies in the southern Iraqi oil city of Basra were leaving the country on Friday, the Oil Ministry said, after Continue Reading
Iraq’s oil sector is operating without disruption, despite the evacuation of some foreign oil workers in the aftermath of the U.S. assassination of Iranian Quds Force commander Qassim Soleimani and Continue Reading
An international team of researchers led by Monash University has developed an ultra-high capacity Li-S battery that has better performance and less environmental impact than current lithium-ion products. An open-access Continue Reading
Residents of Venezuela have faced widespread gasoline shortages since Monday despite the world’s largest oil reserves, as the socialist regime failed to deliver supplies to gas stations on time. In Continue Reading
The bushfires ravaging Australia are generating so much heat that they are creating their own weather systems including dry lighting storms and fire tornadoes. On Saturday, the New South Wales Continue Reading
Away from the flames, millions of Australians are breathing unhealthy air this summer as smoke from the country’s disastrous wildfires clouds skies from Sydney to Canberra to Melbourne. Australia’s capital, Canberra, Continue Reading
Tesla Inc beat Wall Street estimates for annual vehicle deliveries and met the low-end of its own target, sending shares to a record high in a vindication for Chief Executive Continue Reading
Several major car companies reported softer U.S. sales for 2019, as the auto market shows signs of easing after posting a multiyear streak of near-record results. General Motors Co.’s sales Continue Reading
The U.S. factory sector headed into 2020 on a weak footing, contracting in December for a fifth consecutive month as trade tensions continued to pressure manufacturers. The Institute for Supply Continue Reading
The US manufacturing sector contracted in December at its quickest pace since the financial crisis, undershooting Wall Street forecasts for a slight improvement in conditions. The Institute for Supply Management said Continue Reading
2020 is starting off with more rig losses, according to Baker Hughes, with the US oil and gas rig count falling by 9 rigs for the week. The total oil Continue Reading
Weekly US coal production totaled 10.4 million st in the week ended December 28, down 18.1% from a week ago, US Energy Information Administration data showed Friday. Receive daily email Continue Reading
Oil markets may be underestimating the risks to US production and export growth from the upcoming 2020 US presidential election, analysts told S&P Global Platts. Analysts expect that if a Continue Reading
Five new oil pipelines are set to open in the Permian Basin through 2021, expanding a gap between production and takeaway capacity. (Bloomberg) — It’s gone from a dearth to Continue Reading
The U.S. closed out the first week of the new year dropping a total of nine rigs, according to data from Baker Hughes Company. The number of oil rigs declined Continue Reading
If you’ve ever seen an ad featuring ExxonMobil scientists handling beakers of green goo, the algae that will supposedly fuel the future, you’ve been the target of an oil company’s Continue Reading
Federal agencies would no longer have to take climate change into account when they assess the environmental impacts of highways, pipelines and other major infrastructure projects, according to a Trump Continue Reading
Appalachian gas production last month registered its first monthly decline since May as producers in the dynamic US Northeast shale basin responded to low prices and growing pressure from the Continue Reading
Oil prices are the highest they have been in months, but that likely will not tempt most US upstream companies into spending more for 2020, according to two US shale Continue Reading
U.S. oil output continued to increase in October 2019. Production reached a new high of 12,655 kb/d. The output of all tight oil basins was 8,165 kb/d in November and Continue Reading
The CGT plans to lock all of France’s oil refineries in order to put maximum pressure on the government in what is an increasingly tense conflict over the proposed pension Continue Reading
Exxon won’t have to pay a $3-million fine the U.S. Treasury Department imposed on the supermajor for doing business with Rosneft amid a growing load of U.S. sanctions against Russia. Continue Reading
Russian crude deliveries to Belarusian refineries have been suspended since January 1, a spokesman for Russian pipeline operator Transneft said Friday, after the former Soviet republic failed to agree on Continue Reading
Earlier this month, many of the world’s leading experts and authorities on climate change and clean energy met at the United Nations’ Climate Change Conference COP25 in Madrid to discuss Continue Reading
Brent crude futures jumped nearly $3 on Friday after a U.S. air strike in Baghdad killed top Iranian and Iraqi military commanders, sparking concerns of disruption to Middle East oil Continue Reading
U.S. Marines reinforce the U.S. Embassy compound in Baghdad, Iraq, on Thursday. Crude oil prices skyrocketed and U.S. stock market futures fell on Thursday night following news that a top Continue Reading
Oil prices soared early on Friday morning after U.S. forces in Iraq assassinated Iran’s most powerful and visible military leader, Qassem Soleimani. The United States killed the Iranian general in Continue Reading
The United States embassy in Baghdad urged on Friday all citizens to depart Iraq immediately, hours after the U.S. killed Iranian Quds Force leader Qassem Soleimani and Iraqi militia commander Continue Reading
The killing of the powerful commander of Iran’s Islamic Revolutionary Guards Corps, Maj. Gen. Qassim Suleimani, in a drone strike on Friday sharply divided congressional leaders along party lines and Continue Reading
Crude oil futures spiked in Asia Friday on news that the US had killed General Qassim Soleimani, leader of the Iranian Revolutionary Guard’s foreign wing, in a strike in Iraq. Continue Reading
President Hassan Rohani made the comments while launching a railway project near Tehran on December 31. “Iran would have earned $200 billion surplus income…if the country were not involved in Continue Reading
Iran vowed harsh revenge after the United States killed Iranian Major-General Qassem Soleimani, head of the elite Quds Force and architect of Iran’s spreading military influence in the Middle East, Continue Reading
Turkey’s parliament has authorized the government to dispatch troops to Libya, highlighting Ankara’s increasingly assertive policy in the Mediterranean region. A resolution approved during an emergency parliamentary session on Thursday gives Continue Reading
Iraq’s nationwide crude exports fell by more than 3 percent to an average 3.874 million barrels per day (bpd) in December. * The decreased oil sales appeared to reflect Iraq’s Continue Reading
Donald Trump warned his Turkish counterpart that “foreign interference is complicating the situation in Libya”, after Ankara voted to send troops to the oil-rich North African state. Mr Trump spoke to Continue Reading
President Tayyip Erdogan said on Thursday up to 250,000 migrants were fleeing toward Turkey from Syria’s northwest Idlib region after weeks of renewed bombardment by Russian and Syrian government forces. Continue Reading
Algeria has appointed a new government, state television said on Thursday, as the country faces its biggest political crisis in decades and a raft of economic problems caused by falling Continue Reading
Researchers in Israel have designed a separate-cell photoelectrochemical (PEC) water-splitting system with decoupled hydrogen and oxygen cells for centralized hydrogen production. A paper describing their system is published in the Continue Reading
Indonesia will carry out cloud seeding on Friday in a bid to prevent further rainfall over the capital Jakarta, after deadly flash floods and landslides following some of the heaviest Continue Reading
Tullow’s shares took another beating Thursday after it said the volume of its latest oil discovery in Guyana was lower than forecast. Receive daily email alerts, subscriber notes & personalize Continue Reading
Guyana has just joined the ranks of oil producing nations as ExxonMobil is already commercializing its huge oil finds offshore the South American country, but London-listed Tullow Oil continues to Continue Reading
