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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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
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’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…
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…
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 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.