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Meet America’s Newest $9 Trillion Climate Change Solution

Meet America’s Newest $9 Trillion Climate Change Solution

Democratic Presidential hopeful and Washington…

Turkey: A Ticking Time Bomb In Cyprus

Turkey: A Ticking Time Bomb In Cyprus

While the Cyprus offshore oil…

Energy

Can The Bull Run In Oil Markets Continue?

Can The Bull Run In Oil Markets Continue?

May 17, 2019 at 12:23 | Jim Hyerczyk

U.S. West Texas Intermediate and international benchmark Brent crude oil futures are on track for their first weekly gains this month, while moving into a position to challenge their highs…

U.S. Oil Rig Count Dips To 14-Month Low

U.S. Oil Rig Count Dips To 14-Month Low

May 17, 2019 at 12:18 | Julianne Geiger

The the number of active oil and gas rigs fell again in the United States this week according to Baker Hughes, after a string of losses in the weeks prior,…

California Threatens Gasoline Car Ban

California Threatens Gasoline Car Ban

May 17, 2019 at 09:32 | Irina Slav

California might ban gasoline-powered cars if the federal government goes ahead with a plan to relax emission and fuel economy standards, Bloomberg reports, citing the chair of the California…

Stalemate In Libya Could Cause Next Major Oil Supply Outage

Stalemate In Libya Could Cause Next Major Oil Supply Outage

May 16, 2019 at 17:53 | Nick Cunningham

The fighting in Libya has devolved into a protracted stalemate, which does not bode well for the country’s oil production. General Khalifa Haftar and his militia, the Libyan National Army…

Peak Gasoline Vehicles Is Already Here

Peak Gasoline Vehicles Is Already Here

May 16, 2019 at 17:46 | Nick Cunningham

The internal combustion engine has already reached a peak in sales. That startling conclusion comes from a new report from Bloomberg New Energy Finance (BNEF). “Sales of internal combustion…

Russia Hints At OPEC+ Deal Exit

Russia Hints At OPEC+ Deal Exit

May 16, 2019 at 16:28 | Tsvetana Paraskova

OPEC’s key ally in all production cut agreements since 2017—Russia—appears to have somewhat reluctantly agreed to cut output in each of the OPEC/non-OPEC pacts over the past two years.   …

Meet America’s Newest $9 Trillion Climate Change Solution

Meet America’s Newest $9 Trillion Climate Change Solution

May 16, 2019 at 15:47 | Julianne Geiger

Democratic Presidential hopeful and Washington Governor Jay Inslee unveiled a plan today for combating climate change through an oft-before cited transition away from fossil fuels and towards renewable energy.…

This Fast Growing LNG Market Is Scrambling For New Supply

This Fast Growing LNG Market Is Scrambling For New Supply

May 16, 2019 at 13:07 | Tim Daiss

A senior Pakistani official said a few weeks ago that Qatar had emerged as the front runner for a long term liquefied natural gas (LNG) supply deal with the…

Mystery Tanker With Iranian Oil Unloads In China

Mystery Tanker With Iranian Oil Unloads In China

May 16, 2019 at 12:47 | Irina Slav

A tanker carrying Iranian fuel oil has reached its destination at a Chinese port and has unloaded its cargo in storage tanks, Reuters reports, citing shipping data. The shipment…

OPEC To Meet In Saudi Arabia To Discuss ‘Oil Supply Security’

OPEC To Meet In Saudi Arabia To Discuss ‘Oil Supply Security’

May 16, 2019 at 11:42 | Tsvetana Paraskova

As a panel of OPEC and Russian ministers is meeting this weekend in Saudi Arabian city of Jeddah to assess oil market conditions ahead of the full OPEC+ meeting in…

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