 |
Louisiana Light • 2 days | 86.68 | -2.47 | -2.77% | ||
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Opec Basket • 2 days | 89.64 | -0.54 | -0.60% | ||
|
Mars US • 168 days | 77.67 | -1.57 | -1.98% | ||
|
Gasoline • 10 mins | 2.694 | -0.020 | -0.73% |
|
Bonny Light • 1 day | 88.73 | -1.64 | -1.81% | ||
|
Girassol • 1 day | 89.30 | -1.63 | -1.79% | ||
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Opec Basket • 2 days | 89.64 | -0.54 | -0.60% |
|
Peace Sour • 5 hours | 75.30 | -0.05 | -0.07% | ||
|
Light Sour Blend • 5 hours | 78.35 | -0.05 | -0.06% | ||
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Syncrude Sweet Premium • 5 hours | 85.30 | -0.05 | -0.06% | ||
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Central Alberta • 5 hours | 75.70 | -0.05 | -0.07% |
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Eagle Ford • 2 days | 79.17 | -2.67 | -3.26% | ||
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Oklahoma Sweet • 2 days | 79.25 | -2.50 | -3.06% | ||
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Kansas Common • 2 days | 73.00 | -2.50 | -3.31% | ||
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Buena Vista • 2 days | 86.86 | -2.40 | -2.69% |
The EU Allows Members to Ban Russian LNG as Imports Climb
The European Parliament approved rules…
Magnesium Battery Breakthrough Could Challenge Lithium-Ion Dominance
Tohoku University researchers have developed…
Geothermal Energy: A Win-Win for Democrats and Republicans?
Geothermal energy, once a niche…
News
Korean Crude Oil Imports from the North Sea to Fall by Half due to Tax Change
Over the past few years South Korea has enjoyed a good trade agreement with European Oil Producers working in the North Sea, but that is all about to change as…
Ship’s Cook Found Alive in Sunken Tug Boat off the Nigerian Coast
Two weeks ago I wrote a brief article about the tug boat that sank off the Nigerian coast on 26th May. The twelve crew members were reported missing, 10…
Petronas to Invest $20 Billion in Canadian LNG Project to Supply Asia
Petronas, the Malaysian state-owned oil and gas company, is moving quite steadily into the liquefied natural gas (LNG) industry, with the latest news being that it plans to invest $20…
Qatar to Give Egypt Five Shipments of LNG
The Egyptian Petroleum Minister has stated that Qatar will grant his country five shipments of natural gas to help them through the summer, when temperatures soar and electricity consumption rises…
Mercedes SLS Electric Drive Laps Nürburgring in Under 8 Minutes
Daimler has released a press release to announce that its Mercedes SLS AMG Coupé Electric Drive has set a world record by completing the Nürburgring Nordschleife racetrack in Germany…
Powering the World with its Own Waste
As the world continues to develop, energy demand continues to increase, yet we are finding it more difficult and more expensive to develop new sources of energy. One source of…
UK Reviews North Sea Oil Rigs to Determine How to Increase Production
Ed Davey, the secretary of state for energy and climate change, has announced that the UK’s oil rigs in the North Sea face challenges if they are to continue producing…
Sudan Shuts Oil Pipelines and Accuses South Sudan of Helping Rebels
Sudan and South Sudan are at each other throats again, threatening the tentative peace that has lasted for several months, after Sudan’s president Omar al-Bashir ordered a stoppage of all…
New Technology Charges Electric Buses in 15 Seconds
ABB Group, a global leader in power and automation technologies, has developed a new high-capacity, flash charging device that will allow cable-less electric busses and trams to travel around busy…
Brazil to Triple Funding for Renewable Energy and Biofuel Research
Brazil has one of the largest, fastest growing economies in the world, and also some of the largest offshore oil reserves in the word. However, rather than relying on that…
US to Have First Ever Commercial Small Modular Reactor by 2022
A team of engineers have begun digging and drilling holes at a site near to the banks of the Clinch River in eastern Tennessee, as they prepare for the development…
Gasoline Prices Fall Around the US, Except the Midwest
From Reuters: U.S. Midwest gasoline price spike expected to lingerGasoline prices at the pump in several U.S. Midwestern states have spiked close to record highs this week and…
Norwegian Tax Increase Forces Statoil to Delay $15.5 Billion Arctic Project
The Norwegian government has been dealt a blow by the state-owned oil company Statoil, which has announced that it plans to delay a $15.5 billion Arctic project due to tax…
World’s Largest Coal Company Invests in Solar Power to Reduce Energy Costs
The world’s largest coal company has announced that it will invest in the installation of solar PV panels in an attempt to reduce energy bills and cut costs.Coal…
Creating Artificial Geothermal Spots to Power the US
Traditional geothermal engineering generates renewable energy by tapping into naturally occurring reservoirs of water that have been heated by geothermal energy within deep within the Earth’s crust. It is clean…
How F1 can Improve Energy Efficiency in the Technology Industry
McLaren, the iconic UK motor sports team, and first ever carbon neutral F1 team, will use its nearly 50 years of experience in F1 to develop data centres that are…
Strict New EU Laws could be the End of Oil Price Reporting
Following the raids on the London office of the lead oil price publisher Platts over suspicions of manipulating oil prices in the market, the European Union has decided to introduce…
Perfect Storm of Refinery Outages Causes Gas Prices to Soar in Indiana
Summer holidays for Indiana families are delayed for the time being as motorists wait for gas prices to fall. According to the website Gasbuddy.com, the average price for a gallon…
US “Deeply Troubled” by Iran’s Refusal to Give UN New Nuclear Reactor Plans
Whether or not Iran plans to develop nuclear weapons is beside the point now, their childish attitude in handling the whole situation has gone beyond a joke.The latest…
Gabon to Seize Oil Field from Sinopec as Contract Dispute Deteriorates
As the contract dispute continues to progress with Gabon’s oil ministry, Addax Petroluem, owned by China Petrochemical Corp. (Sinopec), risks losing control of another oil field in the small, west-African…
