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Oil Flat As OPEC Cuts Offset By Shale

Oil Flat As OPEC Cuts Offset By Shale

Oil prices are flat on…

The Shift Towards Renewables Is Picking Up Pace

The Shift Towards Renewables Is Picking Up Pace

Despite the challenges of setting…

Energy / Energy-General

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The Discounts Are Over: U.S. Shale Is About To Get More Expensive

Feb 22, 2017 at 15:54 | Nick Cunningham

The U.S. oil rig count has surged for the better part of three quarters, rising by 281 rigs since bottoming out in May 2016, an increase of nearly 90 percent.…

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Battery Wars – China Beating Tesla In The Gigafactory Race

Feb 22, 2017 at 14:00 | MINING.com

Tesla’s Gigafactory 1 has been a center of attention for people interested in the growing momentum behind green energy, electric cars, and battery production. Therefore, it is no surprise that…

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As Haftar Moves Closer To Russia, Will Libya Become The Next Syria?

Feb 21, 2017 at 16:04 | Zainab Calcuttawala

Libya’s returning oil wealth could bring back cheap fuel, food and foreign goods in a subsidy-based system in the most optimistic scenario. But as oil prices and production rise, the…

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Oversupply Fears Grow As U.S. Oil Exports Hit Record High

Feb 21, 2017 at 14:13 | Michael McDonald

U.S. oil producers contributed a record 7 million barrels of crude oil to international markets during the Week of February 5th, 2017, approximately one million barrels per day. This…

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This Is Where Oil Majors Expects The Next Big Efficiency Jump

Feb 21, 2017 at 14:06 | Tsvetana Paraskova

The race for using high-performance computing in oil and gas reservoir simulation, management and development is on. Oil and gas supermajors are continuously pushing for higher efficiency and lower costs,…

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India’s Oil Demand Is Set To Break More Records

Feb 21, 2017 at 14:00 | Jon LeSage

India continues to look for alternatives to oil imports as its auto sector, economy, and population continue to boom. India’s oil consumption growth reached a record-level 11 percent last…

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Oil Moves Higher On Expectations Of Tighter Market

Feb 21, 2017 at 13:46 | Evan Kelly

Oil prices gained on Monday and Tuesday as both traders and analysts see crude markets tightening as a result of OPEC output cuts.

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‘’U.S. Oil Production To Soar By 3.5 Million Bpd Over The Next Five Years’’

Feb 21, 2017 at 11:49 | ZeroHedge

Two years ago, when Saudi Arabia launched an unprecedented campaign to crush high-cost oil producers, in the process effectively putting an end to the OPEC cartel (at least until last…

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Can Canada’s ‘Gas City' Replicate Qatar’s Success?

Feb 20, 2017 at 15:39 | Tsvetana Paraskova

In 1883, a railroad crew was drilling for water near Medicine Hat, Alberta, to supply their steam engines. Instead of water, they discovered shallow pools of natural gas. More than…

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Did The Bakken Fall Too Far Too Fast?

Feb 20, 2017 at 15:24 | Gregory Brew

While the Permian field has enjoyed a continued boom, with a rising rig count and an increase in investment activity, other U.S. onshore shale and tight oil fields haven’t been…

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