When Kenya opened the Olkaria power plant four decades ago, it was considered more research project than commercial venture. Located in Hell’s Gate National Park, a barren zone of volcanic Continue Reading
Shell Petroleum Development Company, SPDC, of Nigeria Limited, yesterday, told the Federal High Court in Abuja that it would pay about N45 billion judgement debt awarded against it over oil Continue Reading
China’s oil demand is expected to be 1 million barrels per day (bpd) lower in the next two months than previously expected due to the rising number of COVID cases Continue Reading
Some Asian refiners have nominated lower than usual volumes of crude oil from Saudi Arabia in September as authorities in China and the rest of Asia have re-imposed restrictions to Continue Reading
U.S. President Joe Biden’s administration on Wednesday urged OPEC and its allies to boost oil output to tackle rising gasoline prices that they see as a threat to the global Continue Reading
Summary of Weekly Petroleum Data for the week ending August 6, 2021 U.S. crude oil refinery inputs averaged 16.2 million barrels per day during the week ending August 6, 2021 Continue Reading
A global chip shortage is continuing to wreak havoc up and down supply chains in a diverse array of industries across the world. As unprecedented amounts of work, life, shopping, Continue Reading
More than half of Canada’s crude and condensate demand is being met by the United States, despite the fact that Canada pumps two and half times more oil than its Continue Reading
U.S. oil major Exxon Mobil Corp (XOM.N) , along with Chevron Corp (CVX.N) , is seeking to bulk up in the burgeoning renewable fuels space by finding ways to make Continue Reading
Even with a battery boom underway in California, the state predicts a power supply shortfall may worsen next year in extreme weather conditions like the heat waves and drought seen Continue Reading
