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Did OPEC Need To Cut Oil Output At All?

Did OPEC Need To Cut Oil Output At All?

Global oil demand continues to…

Energy Efficiency Adds Value To Home Prices

Energy Efficiency Adds Value To Home Prices

A new study has suggested…

Energy / Energy-General

EV Makers Receive Little Support From Trump

EV Makers Receive Little Support From Trump

Jun 14, 2018 at 11:46 | Jon LeSage

Automakers are looking for states to support electric vehicle sales and charging infrastructure development — regardless of what President Donald Trump and EPA Administrator Scott Pruitt end up deciding to…

China’s Oil Demand Could Take A Big Hit

China’s Oil Demand Could Take A Big Hit

Jun 13, 2018 at 14:14 | Tsvetana Paraskova

China’s independent refiners—the so-called teapots—have enjoyed comfortable profit margins since they were allowed to directly import crude oil in 2015. But the good times for the teapots may be over…

Did OPEC Need To Cut Oil Output At All?

Did OPEC Need To Cut Oil Output At All?

Jun 12, 2018 at 16:19 | Irina Slav

“Global demand is 100.5 million b/d and supply is running around 99.5 million b/d. So you got 1 million b/d gap…which means something’s gotta give,” said Goldman Sachs’ head of…

Venezuela Won’t Have Enough Oil To Export By 2019

Venezuela Won’t Have Enough Oil To Export By 2019

Jun 12, 2018 at 16:19 | Robert Rapier

On May 21st President Donald Trump signed a new executive order prohibiting certain oil-related transactions with Venezuela. GlobalData, a leading data and analytics company, argues that the new sanctions are…

China Plans To Create A $78 Billion Natural Gas Giant

China Plans To Create A $78 Billion Natural Gas Giant

Jun 12, 2018 at 15:51 | Tsvetana Paraskova

Together with its massive push to have more and more residential and industrial customers switch from coal to gas, China is aiming to overhaul the ownership of its huge gas…

Saudi Aramco Looks To Double Refining Capacity

Saudi Aramco Looks To Double Refining Capacity

Jun 12, 2018 at 13:59 | Tsvetana Paraskova

Saudi oil giant Aramco will be heavily investing in increasing its refining capacity and chemicals business in pursuit of securing more downstream markets for its crude oil, Aramco’s Senior vice…

Oil Markets Unmoved By North Korea Summit

Oil Markets Unmoved By North Korea Summit

Jun 12, 2018 at 12:04 | Tom Kool

Oil markets largely ignored the much-anticipated meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un, though further geopolitical maneuvers should weigh on crude prices moving forward.

China Closes The Door On Vietnam’s Oil And Gas Ambitions

China Closes The Door On Vietnam’s Oil And Gas Ambitions

Jun 12, 2018 at 11:58 | Tim Daiss

As China tightens the noose over Vietnam’s ability to drill for oil and gas in its own UN-mandated 200-nautical mile Exclusive Economic Zone (EEZ), the country is turning to solar…

The Downside Of Six Figure Salaries In The Permian Boom

The Downside Of Six Figure Salaries In The Permian Boom

Jun 12, 2018 at 10:58 | ZeroHedge

A battle is playing out in Midland, TX between employee-starved local businesses and multinational energy companies who are poaching local residents left and right for high-paying jobs as the latest…

Is Russia Bailing On The OPEC Deal?

Is Russia Bailing On The OPEC Deal?

Jun 11, 2018 at 15:01 | Tim Daiss

For the first week of June, Russia, the world's largest oil producer, exceeded the amount it agreed to produce as part of the January 2017, OPEC/non-OPEC supply cut deal. For…

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