In February, US crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the US surpassed Russia in crude oil production for the first [Read more]
Hurricane Florence made landfall on Friday and has since battered the Carolinas, dumping record breaking amounts of rain. The death toll has risen to 23, including 17 in North Carolina. AFP photo. The amount of [Read more]
Some teapot refineries located in the eastern Chinese province of Shandong are hoping to shift into petrochemicals, but analysts are concerned they will face massive challenges in logistics and funding. Teapot refineries squeezed by increased [Read more]
Upstream oil sands GHG emissions are expected to continue to fall in the coming years. According to a report by IHS Markit, by 2030, greenhouse gas emissions in the oil sands are expected to fall [Read more]
Matt Chester of Chester Energy and Policy Blog spoke with James Ellsmoor, co-founder and director of Solar Head of State, a non-profit that promotes renewable energy worldwide, with a focus on the Caribbean and Pacific [Read more]
The EV30@30 campaign aims to speed up the development of electric vehicles and has a target of at least 30 per cent of new EV sales by 2030. Shutterstock photo. EV30@30 supports market for 2-3 wheelers, [Read more]
Hengli has a quota to import about 400,000 barrels per day (b/d), the most of any independent refiner in China. It has signed contracts with Sinochem to import crude and export fuels and will work [Read more]
On Friday, India’s Prime Minister Narendra Modi (centre) said his country will soon launch policy which will help boost production and use of electric vehicles and vehicles powered by alternative fuels. Narendra Modi Twitter photo. [Read more]
Equinor’s 283 Km long pipeline travels from Mongstad oil terminal to the Johan Sverdrup field located in the North Sea. Equinor photo. 283 Km long pipeline from the Johan Sverdrup field in the North Sea [Read more]
The initial productivity rate in the Haynesville region, calculated as the initial three-month cumulative production per well, has nearly doubled from 2010 to 2017, increasing from 589 million cubic feet (MMcf) per well to 1,176 MMcf/well. Production [Read more]
Asian spot LNG prices are at a four-year seasonal high and now sit above 2014 winter peaks after a hot summer depleted storage in Japan and an earthquake in the Asian country last week disabled [Read more]
Televisions and peripheral devices often consume energy even when they are not in active use. They draw power in standby mode, allowing them to receive a signal from a remote control, perform recording functions, and [Read more]
The Appalachian, Permian Basins and the Haynesville Shale play accounted for less than 15 per cent of total U.S. natural gas production as recently as in 2007, but today they account for nearly 50 per [Read more]
On Wednesday, Reuters reported that OPEC and some non-cartel countries, including Russia, are looking to formalize their cooperation by a enacting a charter that will allow further joint action on production. Organization of Petroleum Exporting [Read more]
The Singapore-IEA Clean Energy Investment and Financing Training Programme is the second event under the Singapore-IEA Regional Training Hub initiative, which was launched in 2016 when Singapore became an Association Country of the IEA. Jürgen from [Read more]
Two representatives from the Indian government will meet with top US officials to discuss India’s position on Iran sanctions as the November deadline nears. Iran sanctions reimposed by Trump administration Reuters is reporting that a [Read more]
According to a confidential report by the International Atomic Energy Agency, Iran has remained in compliance with the 2015 nuclear deal, staying within caps on uranium enrichment levels, enriched uranium stocks and other provisions. Reuters [Read more]
The Trump administration has set a November 4 deadline for customers of Iranian crude to halt their purchases. The looming Iran sanctions, which are expected to take 1 million barrels per day out of the [Read more]
Average US gas prices are heading into the Labour Day weekend are at their highest since 2014 and 43 cents/gallon higher than this time last year. Average US gas prices hit $2.83/gallon on Aug. 27 [Read more]
According to a report by Reuters, the newly elected government in Mexico is considering suspending natural gas and oil auctions and building closer ties with OPEC. Reuters photo. Oil auctions opened up by outgoing President Enrique [Read more]
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