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Can Big Oil Win Back The Younger Generations?

Can Big Oil Win Back The Younger Generations?

Big oil is struggling to…

The Firm Floor Under Oil Prices

The Firm Floor Under Oil Prices

The continued slowdown of US…

This Is A Crucial Moment For Arctic Oil

This Is A Crucial Moment For Arctic Oil

Despite the high upfront costs…

News

Defiant Musk Sends Out Other Controversial Tesla Tweet

Defiant Musk Sends Out Other Controversial Tesla Tweet

Apr 15, 2019 at 09:37 | Irina Slav

Just two months after he tweeted a production figure forecast, Tesla’s chief executive has done it again just days after he had to appear in court because the Securities and…

Indian Refiners Rush To Buy Iranian Oil Before It’s Too Late

Indian Refiners Rush To Buy Iranian Oil Before It’s Too Late

Apr 12, 2019 at 18:07 | Tsvetana Paraskova

India’s oil imports from Iran increased by some 5 percent between March 2018 and March 2019 compared to the previous fiscal year through March 2018, because Indian refiners rushed…

U.S. To Slap Even More Sanctions On Venezuela To Kill Off Oil Exports To Cuba

U.S. To Slap Even More Sanctions On Venezuela To Kill Off Oil Exports To Cuba

Apr 12, 2019 at 17:19 | Julianne Geiger

Just a week after the United States levied additional sanctions on Venezuela in an effort to curb its oil exports, the US has again hit shipping companies doing business…

Protests In Oil-Rich Algeria Continue Even After Bouteflika’s Departure

Protests In Oil-Rich Algeria Continue Even After Bouteflika’s Departure

Apr 12, 2019 at 15:41 | Tsvetana Paraskova

Protests in Algeria continued on Friday, more than a week after Algeria’s president of 20 years, Abdelaziz Bouteflika, stepped down from the top office, with protesters angered at the…

Libya Could Lose Oil Production if Fighting Continues

Libya Could Lose Oil Production if Fighting Continues

Apr 12, 2019 at 13:58 | Irina Slav

Libya’s oil production is under threat from renewed fighting between warring armed groups and the situation could become as bad as it was during the 2011 civil war, the National…

Russia Replaces Venezuelan Crude On European Markets

Russia Replaces Venezuelan Crude On European Markets

Apr 12, 2019 at 12:50 | Irina Slav

European refiners are switching to Russian sour grades as U.S. sanctions have shrunk Venezuela’s similar-grade exports, Reuters reports, adding that the Russian sour crude is getting increasingly expensive. Citing…

Exxon Complains Of Toxic U.S. Govt Crude Oil

Exxon Complains Of Toxic U.S. Govt Crude Oil

Apr 12, 2019 at 10:23 | Tsvetana Paraskova

ExxonMobil has raised concerns that part of the crude oil it bought from the U.S. Strategic Petroleum Reserve (SPR) last year contained very high levels of the toxic hydrogen sulfide—the…

Venezuela Continues Shipping Oil To Cuba

Venezuela Continues Shipping Oil To Cuba

Apr 12, 2019 at 09:39 | Irina Slav

Venezuela has sent 1 million barrels of crude to Cuba despite pressure from the United States to suspend these shipments, Reuters reports citing a PDVSA document as well as…

North Korea Goes 'Green' To Skirt UN Sanctions

North Korea Goes 'Green' To Skirt UN Sanctions

Apr 11, 2019 at 18:12 | Julianne Geiger

North Korea is making its move into the renewable and other alternative energy business, according to a CNBC report. North Korea, which has suffered under the weight of sanctions that…

Algeria’s Oil Future Looks Grim

Algeria’s Oil Future Looks Grim

Apr 11, 2019 at 17:47 | Julianne Geiger

The future of Algeria’s oil industry was called into question earlier this week as its political crisis took hold, and now its future is even more suspect, as its state-run…

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