In an article posted by The Energy Institute at Haas on April 8, 2018, James Sallee argued the Corporate Average Fuel Economy standards are the reason cars in the United States are twice as fuel [Read more]
Oil prices rose on Monday after an air strike rocked a Syrian air base this past weekend. Prices were up despite investors’ concerns over a possible trade war between the US and China. Anadarko photo. [Read more]
On Sunday, Kinder Morgan Canada announced it will be suspend most of the work on the company’s $7.4 billion expansion of the Trans Mountain pipeline. Trans Mountain photo. Trans Mountain pipeline expansion would have tripled [Read more]
Permian basin production may be slowed or even shut in this year because of limited space on pipelines to transport crude out of the oil rich region. Williams Ranch Group photo. Permian basin production is [Read more]
US oil prices fell just under 2 per cent on Friday after US President Donald Trump threatened to tariff more imports from China, reigniting fears of a trade war between the world’s two largest economies. [Read more]
Nissan Motor Co. Ltd says it aims to sell 1 million electrified vehicles by 2022, equip 20 models in 20 markets with autonomous driving technology and reach 100 per cent connectivity for all new cars [Read more]
Hedge fund managers increase their net long position in six important futures and options contracts linked to oil prices by 85 million barrels in the week ending March 27. Anadarko photo. Hedge fund managers bullish [Read more]
Russia and the Organization of Petroleum Exporting Countries are looking at forming a joint organization after the OPEC pact to curb global crude supplies expires at the end of the year. Financial Tribune photo. OPEC [Read more]
Oil prices edged up slightly on Tuesday after posting their largest one-day drop in nearly a year on Monday. Investors are concerned about rising Russian output and the blooming trade war between the US and [Read more]
Oil prices fell over 2 per cent on Monday on reports that Saudi Arabia will cut prices for its Asian customers in May and rising production in Russia. Oil prices fall over 2 per cent [Read more]
In response to Trump tariffs on steel and aluminum imports, China is immediately adding an extra 15 per cent tariff on US ethanol imports. IowaAgribusinessRadioNetwork.com photo. China responds to Trump tariffs on steel and aluminum [Read more]
China’s Sinopec group says by 2020 its goal is to more than double its receiving capacity of LNG and increase its domestic shale gas production by two-thirds. Sinopec photo. Sinopec adding new LNG terminals on [Read more]
Britain’s GHG emissions fell by 3 per cent last year from levels recorded in 2016, mostly due to a drop in coal-fired power generation. Shutterstock photo. GHG emissions down in Britain for a fifth straight [Read more]
Oil prices rose on Thursday as crude stayed in sync with Wall Street. Investors continue to weigh concerns about rising US crude stocks against effective OPEC supply cuts. Statoil photo. Oil prices are up about [Read more]
California is set to defend Obama-era vehicle efficiency standards which called for doubling of the average fleet-wide fuel efficiency to about 50 mpg by 2025. VideoBlocks photo. EPA is expected to declare that Obama-era vehicle [Read more]
China’s new crude oil futures contract has a good chance of confounding the doubters and becoming a regional benchmark where other contracts have failed. Wall Street Journal photo. China’s oil futures fulfil commercial hedging needs, [Read more]
OPEC heavyweight Saudi Arabia, led by Crown Prince Mohammed bin Salman, is in talks with Russia to extend their production output cap deal that could last up to 20 years, according to a report by [Read more]
Oil prices fell over 1 per cent on Wednesday after data from the US Energy Information Administration reported a surprise increase in US crude stocks, mostly due to increased imports. Tulsa World photo. Oil prices [Read more]
Activity in the US oil and gas industry continued to climb last quarter and was driven by gains in the oilfield services sector, however, the cost of goods and labour also rose. Anadarko photo. A [Read more]
Hedge funds have turned more bullish, but with so few speculative short positions remaining to be covered, there may be few buyers around if and when the holders of long positions decide to engage in [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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