Researchers at Tohoku University have…
Tohoku University researchers have developed…
U.S. West Texas Intermediate crude oil futures are in a position to close lower for the week. Some of the selling pressure was generated by a confirmation of last week’s…
Saudi government officials like talking to the media about oil. They invariably come across as upbeat, confident that the OPEC deal will achieve its goal of shrinking the global oversupply,…
As the U.S. moves closer to pulling out of the Iran nuclear deal and re-imposing sanctions, Iran could see some of the recent progress in its energy industry being rolled…
A few years ago, Elon Musk said that Tesla could sell more cars in China than in America in the long term, because the Chinese market is just so huge.…
New oil and gas projects to be sanctioned this year will likely have a 15-percent lower breakeven level than last year’s, at US$44 per barrel of oil equivalent, Wood Mackenzie…
Canada’s oil producers had just started to slowly recover from the oil price crash when they began to face increased constraints in marketing and monetizing their heavy crude oil. Transportation…
The Trump administration seems to be leaning towards allying with the oil refining industry in its fight against Big Corn and federal rules requiring the use of corn ethanol. Reuters…
Tesla Inc. had some good news to report during its quarterly shareholder call on Tuesday, but it may not be enough to salvage the electric carmaker’s stock prices and needed…
Just as tensions between the U.S. and North Korea are finally beginning to cool (while animosity between the U.S. and Russia intensifies), a recent industry report argues the U.S. government…
Crude oil production across OPEC slumped by 170,000 bpd last month to 32.04 million bpd, a Bloomberg survey among energy analysts. This is the lowest daily production rate in…
Belt-tightening has been the policy of necessity in the oil industry over the past three years, and even the price recovery that began at the end of 2016 did not…
Until recently, oil industry analysts and executives were lamenting the slump in global investment in upstream oil, and many continue to predict a looming oil supply shortage in the early…
In a world-first, French Total is set to deploy groundbreaking autonomous robots to a North Sea oil platform to test the machines in operational inspections at the facility. The…
Oil prices remained relatively flat on Tuesday following Monday’s sell-off in what appears to have been triggered by rising Russian crude production. (Click to…
A Saudi oil tanker was targeted by the Iran-aligned Houthi movement on Tuesday afternoon local time off Yemen’s port of Hodeidah, sustaining minor damages and completing its course north, Saudi-owned…
They say not to bring your work home with you, but what about bringing your home to work? Elon Musk is doing just that, saying on Monday that he is…
Russian energy companies could spend as much as US$50 billion on oil and gas exploration in Iran, a presidential aide told media. Yuri Ushakov said companies including Rosneft, Gazprom,…
One school of thought is that future oil demand is set to decline because consumers will have better options. Many in this “peak demand” camp believe that the growth of…
What would you think about a battery that sports five times the capacity of the average lithium-ion one? And then what if this batter was cheaper, and even more environmentally…
After three months of steady output, Russia’s crude oil production increased in March to 10.97 million bpd, the highest level since April 2017, as the top two Russian companies…