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Article Archive | Page 826

Oil Sands Production To Hit 4 Million Bpd By 2030

Jun 06, 2019 at 09:06

Crude oil production from Canada’s oil sands could rise by a million barrels from today’s average daily rate to as much as 4 million bpd in 2030 despite a slowdown…

The Gas Flaring Crisis In The U.S. Oil Patch

Jun 05, 2019 at 17:41

In its relentless pursuit of oil, the shale industry continues to burn more and more gas into the air. The rate of flaring in the Permian basin reached a record…

How Oil Defeated The Nazis

Jun 05, 2019 at 17:00

General Erwin Rommel, “the Desert Fox,” was reputedly the best tactician in the entire German Army. For years, he led his panzers across multiple campaigns in North Africa. But what…

What’s Keeping The U.S. From Developing Its Cleanest Energy Source?

Jun 05, 2019 at 16:43

The United States has a renewable, 24/7 clean energy resource right beneath its feet that can be used for electricity generation and direct heating and cooling.   Geothermal energy…

Iran’s Lifeline Against U.S. Sanctions

Jun 05, 2019 at 13:59

Given that the immediate focus of U.S. sanctions on Iran is the nation’s oil sector, the Islamic Republic is concentrating on pushing its already significant petrochemicals capabilities to generate much-needed…

This Crazy Idea Could Be The Future Of Power Generation

Jun 05, 2019 at 13:48

Carbon capture and storage or reuse is gaining traction amid intensifying efforts to curb the effect of climate change on the planet. Now, a Swiss-Norwegian team of researchers has gone…

U.S. Scrambles To Find Alternatives For Chinese Rare Earth Metals

Jun 05, 2019 at 13:33

With Beijing making louder noise by the day about using rare earth metals as a "nuclear" retaliation option in trade war with the US, Washington is not sitting on its…

‘No Trade Deal’ Scenario Keeps A Hard Cap On Oil Prices

Jun 05, 2019 at 12:36

Recent financial market headlines have been dominated by stories covering the plunge in global interest rates. And for good reason. Government bond yields have been sinking like a stone lead…

The Truth Behind Syria’s Oil Tanker Attacks

Jun 05, 2019 at 12:35

Syrian Kurd Oil Deals and Tanker Attacks On Friday, Qatari and Turkish media were reporting that US-led coalition airstrikes took out three oil tankers in targeted airstrikes in eastern Syria,…

OPEC Powerless Against Global Production Growth

Jun 05, 2019 at 12:32

Despite US sanctions on Iran, Venezuela’s ongoing crisis, Libya being at risk of conflict-related oil disruption and Russian oil exports curtailed by contamination problems, oil prices have weakened considerably, plummeting…

A Case For Circumventing Oil Sanctions

Jun 05, 2019 at 12:31

With the sanctioning and tariff-slapping frenzy capturing most of media attention nowadays, we should get ready for a new epoch of geopolitics where the World Trade Organization’s standard rules are…

Bearish News Piles Up As Driving Season Kicks Off

Jun 05, 2019 at 12:29

The past week was one of the weakest for crude markets this year – virtually everything combined together to create a highly powerful downward momentum. The oil market worries about…

This Giant Oil Field Just Hit An Impressive Production Record

Jun 05, 2019 at 11:37

The giant Kashagan oil field in Kazakhstan hit a record-high oil production of 400,000 bpd on Tuesday, a few weeks after returning from planned maintenance, three sources familiar with the…

World Bank Reduces Russia 2019 Growth Outlook On Oil Cuts

Jun 05, 2019 at 10:48

The World Bank reduced its economic growth outlook for Russia for this year because of lower crude oil production, the institution said in a new report on the economy…

Oil Falls After Sharp Rise In Crude, Gasoline Inventories

Jun 05, 2019 at 09:45

Crude oil price trended lower after the Energy Information Administration reported a weekly build in crude oil inventories, at a sizeable 6.8 million barrels. This compares with a

Battery Breakthrough Solves Major Electric Car Problem

Jun 04, 2019 at 17:22

It’s no secret that batteries are the most expensive part of an electric vehicle. As such, this is the root of the industry’s problem and a roadblock to making larger…

Russia Is Silently Preparing For An OPEC+ Deal Extension

Jun 04, 2019 at 16:42

Russia’s largest oil producer Rosneft is in talks with the government for possible compensation for losses in case OPEC and its Russia-led non-OPEC partners decide to extend the production cut…

The Next Headache For Canada’s Oil Patch

Jun 04, 2019 at 13:44

Canada’s oil sands industry just can’t catch a break. Enbridge’s Line 3 pipeline is facing the prospect of more delays as it was hit with a legal setback in…

Australia Remains Dividend On Roaring LNG Sector

Jun 04, 2019 at 13:02

The consumption of natural gas has grown considerably over the years. Especially LNG is in high demand as it adds a degree of flexibility to the market. Although Australia’s gas…

Oil Is On The Brink Of A Bear Market

Jun 04, 2019 at 12:36

Oil markets are heading into bear territory as fears of a global economic slowdown grow on the back of Washington's escalating trade wars with both China and Mexico.

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