Citigroup Says 42% of Clients Have No Energy Transition Plan
Ukrainian energy company Naftogaz said it agreed with Russian gas giant Gazprom to defer payments for winter gas supplies until early 2014. With Ukraine embroiled in protests, and Europe making…
Some 21 billion barrels of wastewater a year flows from oil and natural gas wells in the US, and while the market to recycle frack water has been slow to…
Procedural inadequacies at the Department of Revenue have reportedly cost the state of Louisiana millions of dollars in oil and gas extraction taxes between 2009 and 2012, according to the…
There is something awfully similar between black crude oil and black magic; both are equally incomprehensible to the uninitiated and only insiders understand how it really works. How…
Filling up at the local gas station yesterday I noted that prices are still below $3.00 a gallon, though at $2.99 only just below. Going back to the BBC…
I've been on this topic a lot lately. But thermal coal continues to shape up as one of the most exciting stories of 2014.Last week came more confirmation.…
The Trans-Adriatic Pipeline (TAP) cleared an important hurdle on December 2nd when the Greek Parliament ratified a host agreement to allow access through Greek territory. The move was important…
Iran says it expects a major boost in oil exports now that it has a nuclear deal in hand. In a sign the market is able to do without, however,…
The Organization of Petroleum Exporting Countries (OPEC) is preparing to convene this week in Vienna for its final quota-setting meeting of the year. Potential tension may arise from attempts to…
China's state-owned Sinopec is said to be in talks with US-based Apache Corporation to acquire a stake in a $15-billion natural gas export project in British Columbia. Chevron…
As energy costs rise, a health club in Bristol has installed new equipment to harness the power of their customers.A health club in Bristol has installed new equipment…
Right-wing candidate Juan Orlando Hernandez is set to become the next president of Honduras following 24 November elections, and the mining sector is on edge, unsure whether the regime change…
Indonesian authorities have rejected the extension of a Chevron oilfield contract, which will be handed over to state-owned oil company Pertamina, as the country moves towards curbing the influence of…
One by product of the long-delayed Keystone XL pipeline decision is that rising volumes of Canadian crude, particularly Alberta oil sands, are being refined in the Midwest rather than being…
BRATISLAVA, Slovakia -- Europe, at present the world's largest market and largest economic bloc, is in decline and living standards are in danger. That was the sober message at an…
Russia's Rosneft and Italy’s Eni have announced they will sign an agreement on mutual oil supplies to European refineries. The new agreement comes amid increased cooperation and…
Platts reported some unusual findings last week as part of a new study.Looking at oil versus natural gas drilling in the U.S.The analysts found that since…
Andrea Rossi, founder, leader, and technology driver at Leonardo Corporation has opened the ECAT LENR device’s web site where pre-orders can be made. For those concerned about the risks,…
Very odd news in the international crude markets this week.Reports confirm a first-of-a-kind event in this space. Oil consumers in India buying crude from a far-away place: Eastern…
As offshore drilling moves into deeper waters, new engineering techniques are needed to cope with temperatures that can hit 150 degrees Celsius, with crushing pressures that can exceed 25,000 pounds…