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Shale CEO: U.S. To Be The World’s Top Oil Producer By Fall

Shale CEO: U.S. To Be The World’s Top Oil Producer By Fall

Pioneer Natural Resources chief Scott…

What Will Follow The Age Of Oil?

What Will Follow The Age Of Oil?

Natural gas production is exploding…

News

Iran Plans 400,000 Bpd Increase In Oil Field Capacity

Iran Plans 400,000 Bpd Increase In Oil Field Capacity

Jun 19, 2018 at 13:08 | Irina Slav

Iran plans to increase the production capacity of its oil fields by 400,000 bpd, state news agency Irna reports, quoting National Iranian Oil Company’s deputy head Gholamreza Manouchehri. Russia’s…

Nigeria Struggles To Sell Its Crude

Nigeria Struggles To Sell Its Crude

Jun 19, 2018 at 11:08 | Irina Slav

Nigeria is sitting on between 20 and 34 million barrels of unsold crude, Nigerian media report, quoting a Platts survey of tenders for July loadings. This goes counter to…

Musk: Tesla Employee Sabotaged Operations

Musk: Tesla Employee Sabotaged Operations

Jun 19, 2018 at 09:49 | Irina Slav

An employee of Tesla has sabotaged the company’s operations by changing code in an internal product and sharing company data with third parties, chief executive Elon Musk wrote in an…

ExxonMobil Looks To Build LNG Import Terminal Off Australia’s East Coast

ExxonMobil Looks To Build LNG Import Terminal Off Australia’s East Coast

Jun 18, 2018 at 17:46 | Tsvetana Paraskova

ExxonMobil plans to develop a project to import liquefied natural gas (LNG) on Australia’s east coast that has been suffering from gas shortages lately. The U.S. supermajor is planning…

Egypt Raises Fuel Prices By Up To 50%

Egypt Raises Fuel Prices By Up To 50%

Jun 18, 2018 at 17:23 | Tsvetana Paraskova

Egypt is hiking gasoline prices by up to 50 percent, as it is seeking to meet reform requirements for funds extended by the International Monetary Fund (IMF), but the…

Israel Arrests, Indicts Former Energy Minister For Spying For Iran

Israel Arrests, Indicts Former Energy Minister For Spying For Iran

Jun 18, 2018 at 17:08 | Tsvetana Paraskova

Israeli police and secret services have arrested a former energy minister and charged him with spying for Iran and helping an enemy during war time, the Shin Bet security…

Teenagers Design ‘Electric Rain’ Machine To Produce Energy

Teenagers Design ‘Electric Rain’ Machine To Produce Energy

Jun 18, 2018 at 16:34 | Tsvetana Paraskova

A ninth-grade Azerbaijani student has come up with an idea to develop a device that will produce energy from rainwater, aiming to solve the problem of access to energy…

Audi CEO Takes The Fall On VW Emissions Scandal

Audi CEO Takes The Fall On VW Emissions Scandal

Jun 18, 2018 at 15:26 | Safehaven.com

Audi may be Volkswagen’s luxury arm, but it’s still part of the emissions scandal body, and the arrest Monday of the Audi CEO in Germany on fears he might try…

Goldman Sachs Affirms Bullish View On Oil Prices

Goldman Sachs Affirms Bullish View On Oil Prices

Jun 18, 2018 at 15:11 | Tsvetana Paraskova

Despite expectations that OPEC and Russia will likely decide to boost production this week, Goldman Sachs continues to have a very bullish view on oil prices, with strong demand growth…

Employee Exposed To Radiation At Idaho Nuclear Waste Site

Employee Exposed To Radiation At Idaho Nuclear Waste Site

Jun 18, 2018 at 12:24 | Irina Slav

At a time when nuclear power is on the skids in the United States, an employee of Fluor Idaho, the operator of the Radioactive Waste Management facility in the state,…

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