Texas Oil Economist Predicts Record Output in 2018
Oil production in 2018 is set to break records, according to oil economist Karr Ingham. There were talks of record-breaking oil production in 2018 during the Texas Petro Index (TPI) Continue Reading
Heavy snow continues to hit central, eastern China – Xinhua | English.news.cn
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Germany’s Unstoppable Renewable Revolution
Once the “sick man” of Europe, Germany has emerged over the past decade as an economic powerhouse and bulwark of stability, buttressing Europe politically and economically. However, with the uncertainty Continue Reading
Resurgent Norway awards record number of licenses in latest mature round
Norway has awarded a record number of licenses in its latest mature license round, the Norwegian energy ministry said Tuesday, further evidence of improving confidence in the Norwegian offshore sector Continue Reading
U.S. oil drillers cut rigs for first week in three: Baker Hughes
U.S. energy companies this week cut oil rigs for the first week in three even though crude prices hovered near their highest level since the spring of 2015. Drillers cut Continue Reading
OGA Receives ‘Great Response’ to Latest UK Offshore Licensing Round
The Oil & Gas Authority (OGA) said it received a ‘great response’ to the United Kingdom’s latest offshore licensing round. The Oil & Gas Authority (OGA) has received a ‘great Continue Reading
Mercedes-Benz will offer electric drive on all commercial van lines; electric eVito now available to order, eSprinter in 2019
Mercedes-Benz Vans will offer electric drive options on all its commercial van model lines. This will start with the mid-size eVito, with deliveries commencing in the second half of 2018. Continue Reading
From Russia With Love: A Super-Chilled Prize for China
CNPC will be first recipient of Arctic project’s fuel Chinese investment helped defray impact of U.S. sanctions Russia’s Yamal LNG , set to be the world’s biggest Arctic producer of Continue Reading
North Sea Oil Sees Investment Rush
Hundreds of millions in decommissioning costs, field depletion, high taxes and low oil prices have been the highlights of media coverage of the UK’s North Sea oil industry. Yet the Continue Reading
Does Russia Really Need The OPEC Deal?
OPEC and Russia are coordinating the first joint OPEC/non-OPEC deal to curb oil output since 2001, but the apparent unity in the face of lower-for-longer oil prices doesn’t disguise the Continue Reading