Diesel fuel production has ramped…
The OPEC+ group could influence…
Delayed gratification is said to be a sign of maturity. By that standard OPEC at age 55 demonstrated its maturity this week as it left…
The connection between wastewater injection wells and an alarming increase in the frequency of earthquakes is getting a lot more scrutiny these days. First was Oklahoma,…
Unless you have been living under a rock, by now you have read that OPEC has decided to leave its production target unchanged. A widely expected move, OPEC’s decision to…
OPEC, again led by Saudi Arabia, decided to maintain its oil production limits at 30 million barrels a day rather than change a strategy that the cartel believes has been…
According to Reuters, Arcadia Petroleum Ltd, and its Parnon Energy unit have settled a $16.5 million civil suit filed against them for manipulating futures prices.…
Cheap oil can often be a double edged sword. On the one hand, it has been beneficial for the emerging global economies of India and China,…
A few weeks ago I attended a small, commercial, energy storage conference in Brussels organized by Energywise where I heard a most intriguing talk on building…
Recognizing its position as the world’s largest oil importer, China is moving to create a futures contract for crude. The new contract would be listed…
Before the November 2014 OPEC meeting in Vienna, the head of Russia’s state-owned oil company Rosneft flew to Vienna to meet with OPEC members. The…
Three recent news items remind us that energy transitions take time, a lot of time--far too much time to be shrunk down into a television special,…
With oil prices wobbling above and below $60 per barrel, US shale drillers now face a quandary. Many in Texas and North Dakota could profitably drill somewhere around this range,…
The EIA released fresh weekly data this week that solidified a trend underway in the US. Oil inventories posted their fourth weekly decline, falling by another 2.8 million barrels.…
Oft forgotten and on the periphery of the European Union, the Balkans plus Ukraine may have a plan to address the energy needs of the economic…
A scientific breakthrough in a laboratory in Seoul, South Korea could soon give Tesla, and other companies, a run for their money in the energy storage game. Scientists have developed…
Slowing productivity growth in the United States has been in the news in recent months. It has become a concern to policymakers because they believe it…
Part 2: Cold War or Competition on the New Silk Road. Note:In Part 1 of “The New Silk Road,” we examined the China’s plan for rebuilding…
The past year has been seen oil prices drop to below $50 per barrel. But now that prices seem to be stabilizing, a number of new trends and investment opportunities…
The US rig count may finally be bottoming out. Baker Hughes reported that the number of rigs pulled from the oil patch fell to just…
On May 21, the United States Senate approved fast-track legislation that has the potential to expedite several international trade negotiations, not least the Transatlantic Trade and Investment Partnership (TTIP),…
In a few short months Shell will (re)enter the Chukchi Sea. The oil and gas major still awaits approval from a number of state and federal agencies, but in early…