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Nuclear Power Becomes Critical To Arctic Dominance

Nuclear Power Becomes Critical To Arctic Dominance

Small Modular Reactors could become…

Canadian Crude Rises 70% On Unprecedented Output Cuts

Canadian Crude Rises 70% On Unprecedented Output Cuts

Canadian crude prices recovered in…

Iran: Oil To Fall To $40 If OPEC Fails To Reach Deal

Iran: Oil To Fall To $40 If OPEC Fails To Reach Deal

Iran, one of OPEC’s largest…

News

Maduro: Russia, Venezuela Sign $5B Deals To Boost Venezuelan Oil Production

Maduro: Russia, Venezuela Sign $5B Deals To Boost Venezuelan Oil Production

Dec 06, 2018 at 15:47 | Tsvetana Paraskova

Back from a visit to Moscow, Venezuelan President Nicolas Maduro tweeted a video on Thursday, in which he said that Venezuela and Russia have signed US$5-billion investment deals to…

Fractured OPEC Walks Away From The Table

Fractured OPEC Walks Away From The Table

Dec 06, 2018 at 12:55 | Tsvetana Paraskova

After six hours of discussions, OPEC didn’t agree on Thursday on any specific oil production cut agreement as members are quarrelling on how to divvy up the production cuts and…

Green Group: British Columbia’s Climate Plan Can’t Afford LNG Projects

Green Group: British Columbia’s Climate Plan Can’t Afford LNG Projects

Dec 06, 2018 at 12:18 | Tsvetana Paraskova

The province of British Columbia, which has just unveiled an ambitious emissions-cutting plan, cannot afford any more liquefied natural gas (LNG) export facilities if it is to meet its climate…

Tesla Set To Start Production At China Gigafactory In H2 2019

Tesla Set To Start Production At China Gigafactory In H2 2019

Dec 06, 2018 at 10:32 | Tsvetana Paraskova

Tesla is expected to begin partial production at its first factory in China in the second half of 2019, the Shanghai government said after a meeting with local Tesla executives. …

OPEC Production Cut Settled, But Russian Cooperation Remains Uncertain

OPEC Production Cut Settled, But Russian Cooperation Remains Uncertain

Dec 06, 2018 at 10:00 | Julianne Geiger

The oil markets exhaled early on Thursday morning as two OPEC sources announced that the oil cartel had tentatively agreed to a production cut of non-specific volumes. The announcement as…

Canada Pipeline System “Dysfunctional”: Industry Executive

Canada Pipeline System “Dysfunctional”: Industry Executive

Dec 06, 2018 at 09:14 | Irina Slav

Canada’s oil pipeline system is not just insufficient to transport the growing amounts of crude companies are producing. It is also features a “dysfunctional pipeline nomination process,” according to Canadian…

President Trump Throws Hail Mary Tweet On Eve Of OPEC Meet

President Trump Throws Hail Mary Tweet On Eve Of OPEC Meet

Dec 05, 2018 at 16:36 | Julianne Geiger

US President Donald Trump fired another shot across OPEC’s bow on Wednesday, a day before the oil cartel is set to meet in Vienna to discuss possible production cuts. “The…

Plummeting Prices Help Clear Some Of Asia’s Floating LNG Cargoes

Plummeting Prices Help Clear Some Of Asia’s Floating LNG Cargoes

Dec 05, 2018 at 16:22 | Tsvetana Paraskova

Plunging spot liquefied natural gas (LNG) prices in Asia and a flipping of the market curve have helped to clear some of the LNG cargoes off Asia’s coasts that have…

Saudi al-Falih, U.S. Iran Envoy Meet Ahead Of OPEC Summit

Saudi al-Falih, U.S. Iran Envoy Meet Ahead Of OPEC Summit

Dec 05, 2018 at 16:14 | Tsvetana Paraskova

Saudi Arabia’s Energy Minister Khalid al-Falih met with the U.S. Special Representative for Iran, Brian Hook, on Wednesday, a day before OPEC is meeting to discuss new production cuts to…

OPEC Oil Output Rises As Saudis Pump At Record While Iran Slumps

OPEC Oil Output Rises As Saudis Pump At Record While Iran Slumps

Dec 05, 2018 at 13:31 | Tsvetana Paraskova

OPEC’s crude oil production increased by 40,000 bpd from October to 33.08 million bpd in November, as Saudi Arabia pumped at record highs, more than offsetting—together with the UAE—the drop…

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