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Oil Prices Fall Despite Supply Fears

Oil Prices Fall Despite Supply Fears

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Buying The Dip In Oil And Gas

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Are The Saudis Involved In The Tesla Buyout Plan?

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News

World’s Solar Power Capacity To Hit Major Milestone By 2023

World’s Solar Power Capacity To Hit Major Milestone By 2023

Aug 09, 2018 at 17:40 | Tsvetana Paraskova

Despite the fact that China’s recent policy changes weigh on short-term forecasts, global solar capacity is expected to reach the 1 terawatt threshold by 2023, the latest quarterly report…

PetroChina Looks To Secure LNG From World’s Biggest Exporter

PetroChina Looks To Secure LNG From World’s Biggest Exporter

Aug 09, 2018 at 17:31 | Tsvetana Paraskova

As Chinese demand for liquefied natural gas (LNG) surges amid the coal-to-natural gas switch, companies are looking to secure supplies—and one of the biggest Chinese firms is turning to the…

Ford Rolls Out 10 Millionth Mustang In A Win For Gasoline Cars

Ford Rolls Out 10 Millionth Mustang In A Win For Gasoline Cars

Aug 09, 2018 at 16:55 | Tsvetana Paraskova

Fifty-four years after Ford unveiled its first Mustang, the automaker’s 10 millionth Mustang rolled off the assembly line at Flat Rock, Michigan, as one of Detroit’s Big Three continues…

Iraq Says Crude Oil Production Jumps To 13-Month High In July

Iraq Says Crude Oil Production Jumps To 13-Month High In July

Aug 09, 2018 at 15:00 | Tsvetana Paraskova

Iraq’s crude oil production rose to its highest level in 13 months in July—to 4.46 million bpd, Platts quoted the Iraqi State Oil Marketing Organization (SOMO) as saying on…

1.6M Acres In California Could Soon Be Open To Oil Drilling

1.6M Acres In California Could Soon Be Open To Oil Drilling

Aug 09, 2018 at 13:30 | Irina Slav

Following the end of a five-year moratorium on oil and gas drilling in public land in California, the Bureau of Land Management could open up 1.6 million acres in the…

Plains All American Fast-Tracks 2 Pipelines

Plains All American Fast-Tracks 2 Pipelines

Aug 09, 2018 at 11:33 | Irina Slav

Plains All American is fast-tracking two pipeline projects in West Texas in a bid to alleviate a worsening pipeline capacity shortage in the United States’ most productive oil region, Reuters…

New Round Of Sanctions Could Suspend Russian Oil, Fuels Exports To U.S.

New Round Of Sanctions Could Suspend Russian Oil, Fuels Exports To U.S.

Aug 09, 2018 at 09:39 | Irina Slav

A new round of sanctions that could come into force in three months could put an end to Russian crude oil and oil product exports to the United States, S&P…

Russia Phasing Out Crude Oil Export Duty By 2024

Russia Phasing Out Crude Oil Export Duty By 2024

Aug 08, 2018 at 15:46 | Tsvetana Paraskova

Russia’s President Vladimir Putin has signed into law a bill to phase out Russia’s crude oil export duty by 2024, which is expected to increase export netbacks for oil…

Iran: OPEC Committee Tried To Redistribute Oil Quotas

Iran: OPEC Committee Tried To Redistribute Oil Quotas

Aug 08, 2018 at 15:42 | Tsvetana Paraskova

Iran is calling out the joint OPEC/non-OPEC committee tasked with monitoring the collective production deal, saying that the committee tried to redistribute oil production quotas among some OPEC members…

Kenya, Tullow Oil Agree To Resume Oil Field Operations

Kenya, Tullow Oil Agree To Resume Oil Field Operations

Aug 08, 2018 at 15:38 | Tsvetana Paraskova

The government of Kenya and the local subsidiary of Tullow Oil have agreed to resume oilfield operations in the northern Kenyan county of Turkana, where Tullow Oil shuttered operations…

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