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India Buys More U.S. Oil

India Buys More U.S. Oil

India is set to import…

Energy / Energy-General

Trump Takes Aim At California Emissions Laws

Jan 23, 2019 at 13:33 | Tim Daiss

President Trump’s efforts to change California’s longstanding, but stringent low carbon fuel standards could get even tougher. A three-judge panel of the 9th U.S. Circuit Court of Appeals on Friday…

Syria’s New ‘Militarized’ Oil Companies

Jan 23, 2019 at 13:28 | Vanand Meliksetian

Russia’s involvement in the Syrian civil war dramatically changed the balance of power. Before the intervention, government forces were quickly losing ground to numerous rebel groups. Moscow’s…

Russia’s Wealth Fund: Oil Price War With U.S. Would Hurt Russian Economy

Jan 23, 2019 at 11:54 | Tsvetana Paraskova

Russia shouldn’t try to bring U.S. shale production down with an oil price war, because Moscow would also be hurt in such an event, according to Kirill Dmitriev, chief…

Aramco Ready To Pour Billions In U.S. Natural Gas

Jan 23, 2019 at 09:14 | Irina Slav

Aramco is looking to invest in U.S. natural gas and is prepared to spend “billions” on acquisitions in the segment, the company’s chief executive Amin Nasser told Reuters on…

Warning Signs Flash For U.S. Shale

Jan 22, 2019 at 17:27 | Nick Cunningham

The shale tidal wave may finally be starting to ebb. The largest oilfield services company in the world says that shale drilling activity is slowing, creating an uncertain outlook for…

What’s Holding Back The Global Energy Transition

Jan 22, 2019 at 16:50 | Vanand Meliksetian

The consumption of natural resources and consequentially pollution has led to increased attention for the environment in most parts of the world. While it is safe to assume that benign…

IEA Chief: EVs Are Not The End Of The Oil Era

Jan 22, 2019 at 15:46 | Tsvetana Paraskova

Electric vehicles (EVs) today are not the end of global oil demand growth, nor are they the key solution to reducing carbon emissions, Fatih Birol, the Executive Director of the…

New Tech Converts CO2 Into Electricity And Hydrogen

Jan 22, 2019 at 14:10 | Irina Slav

Amid increasingly urgent calls for more radical climate change action, a team of South Korean scientists has found a way to kill two birds with one stone by converting carbon…

What’s Driving Oil Prices Down?

Jan 22, 2019 at 13:43 | Tom Kool

Oil prices started Tuesday down on gloomy economic news, with mounting fears that economic growth will slow in 2019 (Click to enlarge)

Private Investment In Natural Resources Hits Record High

Jan 22, 2019 at 09:15 | MINING.com

Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments. Fundraising by unlisted funds for…

Energy Transition Will Upend Geopolitics

Jan 21, 2019 at 16:41 | Nick Cunningham

The rapid adoption of renewable energy will “redraw the geopolitical map of the 21st century,” according to a new report that surveys the geopolitical implications of the clean energy transition.…

Hitachi Halts Nuclear Megaproject In The UK

Jan 21, 2019 at 12:21 | Leonard Hyman & William Tilles

Japanese technology giant Hitachi on Thursday Jan 17 announced it was suspending all further work at its Wylfa Newydd nuclear project in Anglesey, north Wales. This decision by Hitachi’s Board…

French Total To Enter Saudi Downstream Business

Jan 21, 2019 at 10:21 | Cyril Widdershoven

Saudi Aramco is currently mainly in the news with regards to multibillion investment schemes in Asian markets, showing an increased appetite to lock in demand for Saudi crude in China,…

Big Oil’s Strategy For A Global Energy Transition

Jan 18, 2019 at 17:29 | Nick Cunningham

“The world is in a transition between an era dominated by fossil fuels and one focused on a low-carbon economy,” David Koranyi wrote in a report for the Atlantic…

A Logical Move From An Inconsistent Tesla

Jan 18, 2019 at 17:27 | Martin Tillier

Surprise, surprise, Tesla (TSLA) is in the news this morning! There have, to this point, been very few things about Elon Musk’s electric car company been consistent, but…

Papua New Guinea Clans Unite Against Exxon

Jan 18, 2019 at 17:26 | Irina Slav

Papuan landowners and communities in the vicinity of Exxon’s Papua New Guinea LNG project are growing increasingly disgruntled about how the company and the national government are handling royalty distribution,…

BP Bets Big On The Caspian Sea

Jan 18, 2019 at 17:16 | Eurasianet

UK oil and gas giant BP is planning to launch an ambitious two-year exploration and drilling program in Azerbaijan's sector of the Caspian Sea aimed at confirming new oil and…

Oil Prices Jump As China Seeks To End Trade War

Jan 18, 2019 at 13:52 | Tom Kool

Oil prices were relatively quiet this week, bouncing around, but closed out the week on a positive note. (Click to enlarge)

US Oil, Gas Rig Count Plummets As Oil Prices Surge

Jan 18, 2019 at 12:36 | Julianne Geiger

Baker Hughes reported a drastic reduction to the number of active oil and gas in the United States this week. The total number of active oil and gas drilling rigs…

Low Oil Prices Are Not The Only Problem For The Permian

Jan 17, 2019 at 16:51 | Nick Cunningham

While low oil prices are beginning to slow the growth of U.S. shale, in the years ahead oil and gas drilling could be curtailed by a different problem: a…

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