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Article Archive | Page 2

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Russian Energy Minister: Deeper Cuts Still On The Table

May 26, 2017 at 09:24

Deeper cuts to OPEC’s oil production are not out of the question, but their implementation will depend on how things unfold with the current OPEC agreement, Russia’s Energy Minister Alexander…

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Why OPEC Couldn’t Move Oil Prices Higher

May 25, 2017 at 15:50

The latest OPEC meeting was uncharacteristically tranquil, with little of the eleventh hour infighting and arm-twisting that has been so prevalent in previous meetings. The cooperative spirit has allowed OPEC…

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Trump Aims To Scrap Gulf Coast Oil Royalties

May 25, 2017 at 15:41

In a bid to increase federal income, President Trump’s FY2018 budget plan proposes to stop sharing revenue payments from Gulf Coast offshore oil and gas to Texas, Louisiana, Alabama, and…

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Is The U.S. Getting Left Behind In The Renewable Race?

May 25, 2017 at 15:13

Climate change is the cost of burning capital that cannot be replaced. The best thing about switching over to renewable energy is that the world will no longer be burning…

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Europe Joins Race For Cheaper Batteries With New Gigafactory

May 25, 2017 at 15:00

Everybody is making batteries these days, it seems. The EV revolution is coming, and as none other than Glencore’s Ivan Glasenberg said last week, it’s coming faster than we had…

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UAE Gains Edge In $165 Billion Caspian Oil & Gas Market

May 25, 2017 at 14:42

The United Arab Emirates has spearheaded the Gulf Cooperation Council (GCC) initiative to increase its presence in the Caspian Sea nations—Kazakhstan, Azerbaijan and Turkmenistan - all petrostates still suffering from…

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What Is Behind The Surge Of Russian Oil Exports To India?

May 25, 2017 at 13:11

In the first five months of 2017, Indian companies have purchased more than 1 million tons of Russian crude supplied from Black Sea ports. In and of itself, there…

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Oil Crashes To $48 Handle As Iran Says It Won’t Cut Output

May 25, 2017 at 13:08

Iran’s current crude oil output level will not be reduced under the extension of the OPEC production cuts, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Thursday. “Iran’s…

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Unveiled: Venezuela, Syria’s Secret Scheme To Bypass Oil Sanctions

May 25, 2017 at 10:45

A Bloomberg investigation has uncovered a plan by Venezuela and Syria to circumvent Western sanctions on the Middle Eastern nation and ship its crude oil to Aruba to refine it…

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Is This Top 10 Mining Destination Turning Negative For Investment?

May 25, 2017 at 10:27

Australia’s southern state of Victoria took a big step to support mining exploration this week. Handing out A$1.2 million in grants to support exploration and development at five projects…

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