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Coal Power
Germany is Renouncing Nuclear and Coal
Germany, a poster child for responsible energy, is renouncing nuclear and coal. The problem is, say many power producers and grid operators, it may struggle to …
Oil&Gas Drilling
The U.S. Offer 77.8 Million Acres Sale for Oil and Gas Exploration and Development in the Gulf of Mexico
The proposed sale will be the fifth offshore sale under the US Administration’s Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2017-2022. The US…
Oil & Gas Trade
Chinese Oil Refiners Want Changes to Tax Laws on the Consumption and Sale of Fuel Oil
Chinese oil refiners want changes to tax laws on the consumption and sale of fuel oil in order to start producing low-sulphur marine fuel when new global clean …
Oil&Gas Drilling
An Canadian Oil Platform Spilled Nearly 3,200 Gallons of an Oil-water Mix into the Atlantic Ocean
An oil platform off the Canadian island of Newfoundland spilled nearly 3,200 gallons of an oil-water mix into the Atlantic Ocean, and efforts were underway to…
Oil&Gas Drilling
US Gas in Storage Increased to 2.533 Tcf
The US Energy Information Administration on Thursday reported a 62 Bcf build to US natural gas storage for the week ending July 12, marking the first bullish re…
Shale Gas
Argentina's Surging Shale Oil Production is Feeding More Supplies
Argentina's surging shale oil production is feeding more supplies to the country's refineries, helping to increase run rates, the Neuquen government said Wednes…
Oil & Gas Trade
Gas is Not a Profitable Business and It is a Byproduct Now
Bakken producer Northern Oil and Gas chief financial officer Nick O'Grady described natural gas as "a byproduct" Wednesday, as exploration and production compan…
Oil Price
Oil Prices were Sent Crashing as the Oil Markets Fear a Resolution of Tension in the Middle East
Oil prices were sent crashing on Wednesday afternoon after a Politico report that US Senator Rand Paul may soon sit down at the negotiating table with Iranian F…
Crude
US Crude Inventories Fell 3.1 Million Barrels, the EIA Said
Oil prices steadied on Thursday after falling in the previous session when official data showed United States (US) stockpiles of products like gasoline rose sha…
Oil & Gas Trade
China Exported 1,536 Tons of Refined Oil to North Korea in May
The May figure brought China's cumulative supply of refined oil products to the North to 5,730 tons this year, the report posted on the website of the sanctions…
US Drilling Leases could Create More Climate Pollution than EU Does in a year Since Trump took office
Donald Trump’s leases of public lands and waters for oil and gas drilling could lead to the production of more climate-warming pollution than the entire Europe…
Global Biodiesel Market is Expected To Register a 3.1% CAGR Over the Period, 2018–2026
This is according to a recent study on biodiesel 'Anticipated Increase in Biodiesel Blending Ratio to Support Market Growth' published by Persistence Market Res…
Oil&Gas Drilling
Oil And Gas Activity To Recover in Gulf of Mexico After "Barry"
Oil and gas activity is beginning to return to the Gulf of Mexico this week after Hurricane Barry swept through the region and up into Louisiana.
LNG
The US and China To Be The World's Biggest LNG Exporters And Importers
The United States and China will become the world’s biggest liquefied natural gas (LNG) exporters and importers, respectively, in five years, according to proj…
Oil & Gas Trade
IEA Said “It Does Not Change the Fundamental Outlook of an Oversupplied Market”
The extension of the OPEC+ cuts through the first quarter of 2020 removes a major uncertainty, but the IEA said it “does not change the fundamental outlook of …
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