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Oil&Gas Drilling
Brazil Just Got a Huge New Oil Field
Brazil is petitioning the United Nations to extend its territorial waters to include the new oil field, but opinions are divided as to whether the country needs…
Electric Vehicle Charging
Korean Three Large Oil Refiners Push Into EV Charging Market
Hyundai Oilbank, GS Caltex and SK Innovation -- are seeking new opportunities in electric vehicle charging infrastructure, amid slowing sales of diesel cars and…
Oil & Gas Trade
China's Sinopec Sets Up Fuel Oil Unit in Sri Lanka
China Petroleum and Chemical Corp, known as Sinopec Corp, said on Monday it has set up a fuel oil company in Sri Lanka as it looks to supply fuel to ships along…
World's Fastest Hydrogen Sensor Could Pave the Way for Clean Energy
Hydrogen is a clean and renewable energy carrier that can power vehicles, with water as the only emission. Unfortunately, hydrogen gas is highly flammable when …
Oil & Gas Trade
Iranian Tanker will be Released if Oil isn't Bound for Syria, UK Foreign Secretary Says
An Iranian oil tanker held by British forces near Gibraltar will be released if the United Kingdom is assured the oil will not be heading to Syria, London's top…
Oil&Gas Drilling
Chinese Oil Giants Fast-Track Investments to Boost Domestic Output
Will increasing capital spending by the Chinese companies be a winning bet and generate profitable returns, considering the soaring development costs in China’…
Shale Gas
OPEC has to Face New Challenges Related to Shale Oil
Has OPEC reached its limits or does it have more breath to continue functioning alone as an independent organization without the need for any outside help?
Iranian Officials have Threatened to Seize 'a British Tanker' in Response
Iranian officials have threatened to seize 'a British tanker' in response to the arrest of VLCC Grace 1 in Gibraltar last week, allegedly carrying Iranian crude…
Oil&Gas Drilling
Hurricane Barry Makes Landfall as Southeast Natural Gas Production hits 2019 Low
Hurricane Barry hit the shores of Louisiana as a Category 1 hurricane late Saturday morning as total Southeast natural gas production fell to its lowest mark of…
Crude
Tropical Storm Barry Reduces Gulf Crude oil Output By 59 Percent
Crude oil output in the U.S.-regulated areas of the Gulf of Mexico has been cut by almost 59 percent, or 1.1 million barrels per day, because of Tropical Storm …
Crude
Chevron Spills 800,000 Gallons Of Oil, Water In Central California
California authorities are preparing to start cleaning up an oil spill that dumped nearly 800,000 gallons of oil and water into a Kern County canyon.
Greenhouse Gas Emissions
Energy Efficiency is the Most Cost-effective Way to Achieve Economic Growth
What is energy efficiency? Energy efficiency, means using less energy to provide the same level of energy. It is therefore one method to reduce human greenhouse…
Nuclear Power Plant
Warsaw is Pushing Hard for New Gas and Nuclear Plants
Replacing Poland’s obsolete coal power fleet is a top political priority for the country, both for environmental and energy security reasons.
Oil & Gas Trade
Iran: The Release of the Tanker is in all Countries' Interest
"This is a dangerous game and has consequences ... the legal pretexts for the capture are not valid ... the release of the tanker is in all countries' interest,…
Oil&Gas Drilling
EU Threatens Sanctions on Turkey over Cyprus Drilling
The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey’s “illegal” drilling for gas and oil off Cyprus and…
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