Highlights Refinery runs set to fall as refiners pare back runs Margins rise as product glut declines US Midwest and Canada refiners are expected to keep crude runs low even Continue Reading
Lowest exports since September 2016 Year-to-date thermal exports down 26.8% on year US coal exports tumbled to a 3.5-year low 4.28 million mt in May, as metallurgical and bituminous coal Continue Reading
After consecutive weeks of single-digit declines, the US oil and gas rig count may have essentially reached its long-awaited bottom. The US oil and gas rig count fell by six Continue Reading
While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expenditures to boost production. Continue Reading
OPEC+ is not discussing or planning changes to its production cut agreement, which should see the oil producers ease the cuts in August, Russia’s Energy Minister Alexander Novak said at Continue Reading
Europe’s most powerful supranational organization, the European Commission has earmarked the energy transition as one of the most important topics for the coming years. The European Green Deal is one Continue Reading
Sales of plug-in hybrids and battery electric cars in the UK inched up to 7 percent of total sales in the first quarter of the year, Reuters’ John Kemp wrote Continue Reading
German Chancellor Angela Merkel stated it is “right” to complete the planned 55 Bcm/year Nord Stream gas pipeline from Russia in light of the threat of new US sanctions against Continue Reading
She still has her dreams: to raise a doctor, an engineer, a military general and an athlete. But as the coronavirus pandemic swept over Russia, bankrupting businesses and families, Yekaterina Gorbunova, Continue Reading
Crude oil futures were rangebound in midmorning trade in Asia July 2 after rising overnight on a draw down of US commercial crude inventories, even as a resurgence of COVID-19 Continue Reading
