One by product of the long-delayed Keystone XL pipeline decision is that rising volumes of Canadian crude, particularly Alberta oil sands, are being refined in the Midwest rather than being…
BRATISLAVA, Slovakia -- Europe, at present the world's largest market and largest economic bloc, is in decline and living standards are in danger. That was the sober message at an…
Russia's Rosneft and Italy’s Eni have announced they will sign an agreement on mutual oil supplies to European refineries. The new agreement comes amid increased cooperation and…
Platts reported some unusual findings last week as part of a new study.Looking at oil versus natural gas drilling in the U.S.The analysts found that since…
Andrea Rossi, founder, leader, and technology driver at Leonardo Corporation has opened the ECAT LENR device’s web site where pre-orders can be made. For those concerned about the risks,…
Very odd news in the international crude markets this week.Reports confirm a first-of-a-kind event in this space. Oil consumers in India buying crude from a far-away place: Eastern…
As offshore drilling moves into deeper waters, new engineering techniques are needed to cope with temperatures that can hit 150 degrees Celsius, with crushing pressures that can exceed 25,000 pounds…
A major new study finds that methane emissions from the production of shale gas may in fact be higher than previously thought. The study, published in the Proceedings of…
Exxon Mobil Corp. is preparing to sell a 25% stake in an Iraqi oilfield to PetroChina as China eyes Iraq as one of its key suppliers. PetroChina will…
A push for cleaner air is driving China to become a bigger player in the global trade for liquefied natural gas (LNG). China relies on burning coal for over…
A consortium of six major car manufacturers and oil companies in Europe – Volkswagen, Daimler, Honda, Neste Oil, OMV and Shell – has today published a “biofuel roadmap” for…
U.S. oil men usually love their home turf. Especially today, with U.S. shale plays yielding some of the best production and reserves numbers on the planet.But one industry…
Why is Brent crude rallying in the face of a new Iran nuclear deal? Two words might explain it: Saudi Arabia. No one was more upset, save for…
There has been quite a sell-off in oil in the last few months. First, the deal between Iran and the West made front-page headlines and sparked speculation of an imminent…
On Sunday, 25 November, in Geneva, the US and Iran made what can only be described as a landmark move towards ending sanctions despite a flurry of activity—including the bombing…
The technical picture for January Crude Oil futures turned gloomy during this holiday week. After three weeks of consolidation, the inability to garner enough upside momentum to drive the market…
Bottom Line: How far left will Bachelet take Chile? Not as far as it might seem in the face of continual political stalemate.
Bottom Line: Energy reform in Mexico will probably happen in pieces, and more slowly than it first appeared, but it must happen.
A watchdog report said the Canadian government isn't doing enough to ensure the rail transport industry is monitored effectively. With rail one of the few viable alternatives to pipelines, the…
Russian state-owned gas giant Gazprom is eyeing late 2017 for the completion of a liquefied natural gas (LNG) terminal on the Baltic Sea coast of Kaliningrad as the company seeks…