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Romania Poised To Ramp Up Gas Output

Romania Poised To Ramp Up Gas Output

Often overlooked, Romania has huge…

The New Natural Resources Fueling The Green Revolution

The New Natural Resources Fueling The Green Revolution

The renewable energy revolution is…

News

Florida Gets An Oil Drilling Pass

Florida Gets An Oil Drilling Pass

Jan 10, 2018 at 09:18 | Irina Slav

Florida will be exempt from the Trump administration’s new offshore drilling plans—a decision made after the state’s governor pleaded with Washington that it be excluded from future drilling leases because…

Oil Prices Rise After API Reports Staggering Crude Oil Draw

Oil Prices Rise After API Reports Staggering Crude Oil Draw

Jan 09, 2018 at 15:43 | Julianne Geiger

The American Petroleum Institute (API) reported a staggeringly large draw of 11.19 million barrels of United States crude oil inventories for the week ending January 5, marking six large draws…

Tesla Begins Mass Production Of Solar Shingles

Tesla Begins Mass Production Of Solar Shingles

Jan 09, 2018 at 14:48 | Zainab Calcuttawala

Tesla began manufacturing its solar powered shingles for mass market release, according to CEO Elon Musk’s Tuesday email reported by Bloomberg. Musk introduced the concept to industry leaders and…

EIA Boosts World Oil Demand Forecast For 2018 By 100,000 Bpd

EIA Boosts World Oil Demand Forecast For 2018 By 100,000 Bpd

Jan 09, 2018 at 14:46 | Zainab Calcuttawala

World oil demand in 2018 is set to grow by an additional 100,000 barrels per day, according to the latest revision to the figure by the U.S. Energy…

Businessman Seeks Sale Of $5.2B Stake In Kazakhstan Oil Field

Businessman Seeks Sale Of $5.2B Stake In Kazakhstan Oil Field

Jan 09, 2018 at 13:02 | Tsvetana Paraskova

Moldovan businessman Anatolie Stati will ask courts to sell US$5.2 billion worth of a stake in Kazakhstan’s biggest oil field, Kashagan, held by a Kazakh sovereign wealth fund if Kazakhstan…

Exxon Accuses California Of Climate Change Hypocrisy

Exxon Accuses California Of Climate Change Hypocrisy

Jan 09, 2018 at 12:35 | Irina Slav

Exxon has called out a deliberate discrepancy between statements made by several California municipalities and cities in lawsuits against it and more than a dozen other energy companies, and information…

Norway’s Recovering Oil Industry Resumes Hiring

Norway’s Recovering Oil Industry Resumes Hiring

Jan 09, 2018 at 12:30 | Tsvetana Paraskova

Oil companies in Norway, as well as their suppliers, will hire more employees in the coming years as the country’s oil and gas sector recovers from the downturn in the…

$2.3 Million Seized Following Singapore Oil Heist

$2.3 Million Seized Following Singapore Oil Heist

Jan 09, 2018 at 12:06 | Irina Slav

The Singapore police have arrested seventeen people and have seized millions of dollars in cash after a raid prompted by a complaint about a theft from Shell’s biggest refinery in…

China Nears 2016 Carbon Emissions Target

China Nears 2016 Carbon Emissions Target

Jan 09, 2018 at 09:30 | Irina Slav

China’s climate change watchdog said 27 of the country’s 31 regions have met the carbon emission reduction targets Beijing set in 2016. The targets include an 18-percent reduction in…

Oil Companies Respond Slow To New U.S. Lease Plan

Oil Companies Respond Slow To New U.S. Lease Plan

Jan 08, 2018 at 16:52 | Zainab Calcuttawala

Analysts are saying that the oil and gas industry’s response to the Trump administration’s announcement last week—that almost all of the U.S. continental shelf may soon be open for drilling…

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