Michael Kern

Latest articles from Michael

• North Korea Could Store Up To 1-Year Of Crude Oil Supplies

  Published 01 September 2020 | viewed 4,466 times

  North Korea could have oil storage capacity of up to 1.5 million tons or almost 11 million barrels—an amount that could last it a full…

• Apple Is Fueling A Renewable Boom In Taiwan

  Published 31 August 2020 | viewed 3,749 times

  Apple is seemingly everywhere these days. From its headline-grabbing stock split to its industry-leading carbon-neutral push, the tech giant is truly showing that it is…

• Which Is The Better Investment: Big Oil Or Renewables?

  Published 28 August 2020 | viewed 11,481 times

  The COVID-19 pandemic has shot holes in every industry on the planet, but in particular, the energy industry. It has highlighted our shortcomings and our…

• Are We Prepared For The Smart City Revolution?

  Published 27 August 2020 | viewed 2,285 times

  The COVID-19 pandemic has turned the entire world upside-down, but it has also highlighted some of our biggest shortcomings. From energy usage to infrastructure and…

• Gulf Of Mexico Oil Industry Could Get A Boost From Trump

  Published 18 August 2020 | viewed 2,373 times

  The Trump Administration is looking at the possibility of extending the limits for the length of tiebacks in the Gulf of Mexico to allow operators…

• Weak Dollar Is A Boon For Crude Importing Nations

  Published 17 August 2020 | viewed 844 times

  The recent depreciation of the U.S. dollar against other major currencies has made crude oil purchases for some oil importers cheaper, the U.S. Energy Information…

• Demand Crash Hit U.S. Refiners With Surging Biofuel Blending Costs

  Published 11 August 2020 | viewed 745 times

  U.S. refiners are feeling the pinch not only from the lower fuel demand, but also from the surging costs for complying with the biofuel requirements…

• U.S. Set To Roll Back Methane Rules For Oil & Gas Industry

  Published 10 August 2020 | viewed 1,368 times

  The U.S. Environmental Protection Agency (EPA) expects to finalize and sign this week new rules about methane emissions for the oil and gas sector, including…

• Exxon To Halt Employee Savings Plan Match To Cut Costs

  Published 05 August 2020 | viewed 32,816 times

  U.S. oil supermajor ExxonMobil will start suspending the employer match to the retirement savings plans of its employees in October, people who received the notification…

• Pandemic Sent U.S. Energy Consumption Plunging To 30-Year Low

  Published 29 July 2020 | viewed 9,080 times

  April is typically a month with relatively low energy consumption in the United States, but this year in April, the pandemic and the lockdown led…

• Another Permian Oil Producer Files For Bankruptcy 

  Published 27 July 2020 | viewed 39,642 times

  Permian oil producer Rosehill Resources said on Monday that it had filed for bankruptcy protection, becoming the latest shale casualty of the collapse in oil prices. Rosehill…

• Canadian Drillers Are In No Rush To Bring Back Oil Production

  Published 22 July 2020 | viewed 13,203 times

  Despite the fact that some Canadian oil producers have started to restore the production they had curtailed earlier this year, the pipelines carrying heavy oil…

• Crisis Fuels Qatar’s New Gas Boom

  Published 20 July 2020 | viewed 26,434 times

  The current energy market crisis could benefit Qatar and fuel a second gas boom, PwC said in a report, as cited by the Gulf Times.…

• Indebted Mexican State Oil Firm Plans $22-Billion Debt Swap

  Published 08 July 2020 | viewed 10,221 times

  Mexico’s state-owned oil firm Pemex, which has US$105 billion in debt, is planning a debt swap for a total of US$22.4 billion long-term bonds, according…

• The Cowboy State Is Hurting As Low Oil Prices Persist

  Published 13 June 2020 | viewed 61,176 times

  The Cowboy State is struggling. Low demand for oil, gas, and coal is crippling the local economy, and lawmakers are scrambling for solutions. Production has…

• Oil Prices Crash On Second Wave Of COVID-19

  Published 11 June 2020 | viewed 116,084 times

  Oil has had a turbulent year. Crude prices went negative for the first time in history, followed by one of the biggest rallies the industry…

• U.S. Lawmakers Propose A Major Clean Energy Stimulus

  Published 10 June 2020 | viewed 14,855 times

  As tens of millions of Americans remain jobless following the COVID-19 shock that took the world by storm, some United States lawmakers are calling for…

• The Big Tech Company Backing Canada's Oil Sands

  Published 01 June 2020 | viewed 19,065 times

  As uncertainty continues to wreak havoc on the global crude market, a surprising partnership between Amazon and one of Canada’s most controversial oil companies may…

• A Nightmare Scenario For Offshore Oil

  Published 30 May 2020 | viewed 81,835 times

  Between low demand, soaring inventories, depressed prices, a global pandemic, and now, hurricane season, it seems a perfect storm is forming around the offshore oil…

• America's Oil & Gas Capital Is Turning To Renewables

  Published 28 May 2020 | viewed 45,563 times

  When we think of Texas, we think of Big Oil. Even more so in its largest city, Houston. Home to some of the world’s largest…