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Oil Pipeline
U.S. Tariff on South Korean Oil Pipelines Fixed at 9.33% to 15.07%
The final tariff rate is almost three times the preliminary tariff rate.
Oil & Gas Trade
Iran Prepares For Oil Export Boost
Iran is preparing to start expanding its crude oil exports ahead of Joe Biden's inauguration in January in a clear sign it expects better bilateral relations wi…
Oil & Gas Trade
Alaska’s Oil Exports Double Amid Strong Chinese Demand
While demand from U.S. West Coast refiners has been subdued, overall Chinese crude oil imports have held strong during the COVID-19 wave in China early this yea…
Coal Mine
U.S. Coal Output Capacity Has Plunged 28% Since 2009 Peak
Declining coal demand across several sectors, especially electricity generation, has led to a 28-percent slump in U.S. coal mining productive capacity since the…
Net Zero Emission
Biden Plan to End U.S. Fossil Fuel Subsidies Faces Big Challenges
Doing so could be hard, even though Biden spent 36 years in the Senate where he is known as a dealmaker.
RCEP
Video: What Changes will the RCEP Negotiations Breakthrough Bring to the world?
Trade talks between China and the U.S. appear to have been constructive during the past two weeks.
Crude Oil
U.S. Briefly Became Net Petroleum Importer This Year
The United States briefly returned to being a net importer of crude oil and petroleum products in May and June this year, as U.S. crude oil and refinery output …
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
Under the increased pressure from the United States, the companies classifying ships are asked to check if vessels have participated in shipments to Venezuela.
China
China Hits 26 per cent of 2020 Target for U.S. Energy Imports under Trade Deal
China has accelerated imports of crude oil, propane and liquefied natural gas from the United States since July.
Oil&Gas Drilling
Baker Hughes Reports US Rig Rebound
The total number of rotary drilling rigs operating in the United States rebounded this past week, Baker Hughes Co. reported Wednesday.
Crude Oil
U.S. Crude Oil Inventories Decrease by 0.8 million Barrels
U.S. commercial crude oil inventories decreased by 0.8 million barrels from the previous week.
Personnel Appointment
Biden Names Climate Statesman John Kerry as Climate Envoy
It was one of Biden’s first steps making good on campaign pledges to confront climate-damage from fossil fuel emissions more broadly and forcefully than any pr…
Hydro Generator Unit
U.S. Department of Energy Announces $35 Million in Funding for Hydrokinetic Turbine Development
SHARKS teams will develop new economically competitive Hydrokinetic Turbines (HKT) designs for tidal and riverine currents.
Hydrogen Project
Plug Power Raises $1B for US Green Hydrogen Infrastructure Build-Out
Stock sale to fund U.S. green hydrogen production facilities and fuel cell and electrolyzer gigafactory.
Oil Price
Oil Prices Reach Three Month High on Improving Demand Outlook
Oil touched its strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand o…
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