Europe's high natural gas storage…
Tajikistan is pushing forward with…
Saudi Arabia is expecting a reduction in crude oil exports next month, despite earlier signs that Saudi Arabia—and Russia—have started to raise production even before the June 22 meeting…
The signs don’t look favorable for carbon dioxide emissions controls in the U.S. The Trump administra-tion along with much of the Republican party clearly do not believe in climate change…
Chinese ride-hailing giant Didi Chuxing took another step forward in its strategy of being a global leader in mobility services. Booking Holdings, which runs popular online travel services like Priceline.com,…
Oil prices rallied on Wednesday afternoon despite the fact that OPEC/NOPEC’s compliance fell from 147 percent in May to around 120 in June, according to sources cited by Reuters. At…
Who would have thought wind’s transformation from subsidy-supported to self-financing power source would happen so quickly – not this publication, that’s for sure. Apart from diehard environmentalists, most consumers have…
The ‘mega-frac’ is turning the typically annoying sand of West Texas into the new gold, and the oil and gas land rush on the Permian Basin has now extended into…
Upon hearing Papua New Guinea, very few us associate it with LNG – some might recall that it is one of the most heterogenous nations of our planets with more…
Intercontinental Exchange plans to launch later this quarter a crude oil futures contract of physically delivered Permian West Texas Intermediate (WTI), deliverable in Houston, as the city has become…
Since President Trump announced the U.S. withdrawal from the JCPOA, Washington has been pressing allies to end all imports of Iranian oil by a November 4. deadline Moreover, in a…
The world’s biggest oil trader, Vitol, is setting up in partnership with Low Carbon a renewables fund that will invest in renewable energy assets across Europe, the companies said…
More than a decade ago, China overtook the U.S. as the world's biggest carbon dioxide emitter. Today, it’s going for a complete 360 with a hungry drive to beat the…
Oil prices were mostly flat at the start of trading on Tuesday, after having posted two of the worst single-day declines over the past week.
As liquefied natural gas (LNG) markets mature, trying to establish itself against decades of crude oil dominance, developments far removed from most of the action are taking unusual turns that…
Diogenes the Cynic was once asked by one of his students whether a man should buy or rent. His reply was typical Diogenes, but still unexpected, "Whichever he chooses, he…
The oil market took a beating this week, with the return of Libyan supply weighing on crude prices. (Click to enlarge)
Baker Hughes reported an increase to the number of active oil and gas rigs in the United States on Friday. Oil and gas rigs increased by 2 rigs, according…
In the first week of July, U.S. net imports of petroleum products fell to just 1.670 million barrels per day (mb/d), the lowest weekly total on record in at…
For those that follow energy markets it is often easy to lose sight of the timescale off which the major companies in the sector make their decisions. We tend to…
Friday July 13, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
U.S. LNG producers are racing to add production capacity amid forecasts for strong growth in demand, with the total—concentrated in Louisiana and Texas—set to reach 10 billion cubic feet daily…