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Article Archive | Page 1123

Canada Pushes For Zero Emission Vehicle Strategy

Jun 01, 2017 at 14:02

On Friday, Marc Garneau, Minister of Transport and Navdeep Bains,Manage Articles Minister of Innovation, Science and Economic Development, announced that the government is now creating a national strategy…

Russia’s Economy Minister: Russia Can Live Forever At $40 Oil

Jun 01, 2017 at 12:22

The OPEC/non-OPEC deal is working, and the current underlying key assumption of Russia’s economic policies—oil prices at US$40—can allow it to live forever at that price or below, Russia’s Economy…

China Completes World’s Biggest Floating Solar Farm

Jun 01, 2017 at 11:27

Images of the Beijing smog and millions of people wearing masks to be able to breathe are among the more dramatic depictions of air pollution caused by excessive industrialization. Now…

Russia Has No Plans To Further Privatize Oil Industry

Jun 01, 2017 at 11:10

Russia does not plan to privatize its oil sector, Kremlin spokesman Dmitry Peskov told media, after former Finance Minister Alexey Kudrin insisted that the oil industry must be privatized fully…

Oil Prices Rise As EIA Confirms Strong Draw To Crude Inventories

Jun 01, 2017 at 10:22

A day after the American Petroleum Institute played the fairy godmother to oil bulls by reporting a huge draw in U.S. crude inventories, the EIA reinforced the mood by…

These Secret E-mails Signal Big Problems For South Africa Mining

Jun 01, 2017 at 10:12

I’ve been writing a lot the last several months about the new South Africa mining charter. And this week, that issue is coming to a head — just as some…

Has Permian Productivity Peaked?

May 31, 2017 at 16:36

The U.S. shale industry might have just received a huge windfall with the nine-month extension of the OPEC cuts. Shale output was already expected to come roaring back this year,…

Is History Repeating Itself In The Oil Markets?

May 31, 2017 at 16:08

It wasn’t that long ago, 19 years to be precise, when the average oil price was $11.91 per barrel (WTI). Are world conditions such that we could see that price…

Should Markets Fear Iran’s Plans To Boost Oil Output?

May 31, 2017 at 14:48

Last week’s OPEC meeting was characterized by a certain banality. The news that OPEC and non-OPEC members would agree to another nine months of production cuts elicited a collective…

Oil Theft Around The World: Cartels And Exploding Donkeys

May 31, 2017 at 14:38

Thousands of miles of oil pipelines connect the world’s oil producing hubs to their key customers’ refineries and electrical grids. By replacing trucks, the advent of the pipeline has dramatically…

Exxon Suffers Stinging Defeat On Shareholder Climate Resolution

May 31, 2017 at 14:11

ExxonMobil tried to beat back a move from shareholders to press the company to disclose its vulnerabilities to climate change and climate regulation, but it failed. At its annual meeting…

The Mysterious Rosneft Deal And Its Consequences

May 31, 2017 at 13:28

Approximately two months ago, Vladimir Putin awarded high-level state honours to a cadre of individuals in recognition of their contribution to Russia. The Order of Friendship award was given to…

Why Is The U.S. So Far Behind In The Renewable Revolution?

May 31, 2017 at 12:31

America’s prowess in renewable energy capacity is unquestioned. According to the Renewable Energy Policy Network, by the end of 2015, the seven countries with the highest capacity of renewable…

Will This Foreign Oil Giant Grab Iran's First Post-Sanctions Project?

May 31, 2017 at 10:23

Iran's newly-opened oil patch continues to gain momentum. With the UAE's Emirates National Oil Company saying this week it has paid $4 billion to Iran to settle a tab for…

Saudis, Russia Will Do “Whatever It Takes” To Bring Oil To Balance

May 31, 2017 at 10:18

OPEC and non-OPEC producers part of the production cut deal are committed to drawing the global crude oil inventories down to their five-year average, Saudi Energy Minister Khalid al-Falih

Trump Set To Pull U.S. Out Of Paris Climate Deal

May 31, 2017 at 09:10

President Donald Trump has decided to withdraw the U.S. from the Paris climate accord, and is telling people close to him that the U.S. will withdraw from the pact, according…

4 Wildly Different Oil Price Scenarios For 2020

May 30, 2017 at 15:31

After the nine-month extension of the OPEC deal, there is a growing consensus that oil might bounce around in the $50s and $60s for the rest of the year. But…

The Biggest Hoaxes In The Oil Market

May 30, 2017 at 15:31

The most traded commodity of the 21st century, oil is an essential factor to both oil-producing and oil-importing nations’ financial stature, and consequently it remains intrinsically linked to politics. Yet…

Canadian Oil Sands Brace As Oil Majors Dump Shares

May 30, 2017 at 15:20

Royal Dutch Shell and ConocoPhillips struck deals in March to sell Canadian oil assets to two Canada-based producers. In both deals, parts of the consideration for the transactions were shares…

Asia Aims For Total Dominance Of Global Solar Industry

May 30, 2017 at 14:55

This week the UK smashed its previous solar power record, powering nearly a quarter of the nation with solar energy thanks to sunny skies and relatively low demand. At…

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