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US crude oil exports surge to record levelsFinancial TimesThe US exported a record 1.5m barrels per day of crude oil last week, government data showed, a sum larger than the output of several Opec member countries. The data underlined the US's new prom
Admin 28.09.2017 0 190

BloombergIt's Been A Tough Week For Peak Oil TheoristsForbesIn news that is certain to upset adherents to the never-dying cult of Peak Oil, IHS Markit released a new study on September 25 indicating that, per their analysis of data from more than 440,0
Admin 28.09.2017 0 107

Forbes Africa (blog)Oil And Farming A Boon For InsurersForbes Africa (blog)John D. Rockefeller said the secret of success is to “get up early, work late and strike oil.” Uganda has struck oil; around 6.5 billion barrels are scheduled for commercial product
Admin 18.09.2017 0 71

Financial TimesBig Oil bets on a dash for gasFinancial TimesThe $14bn Prelude project, led by Royal Dutch Shell, is the latest in a surge of new LNG capacity which promises to reshape the oil and gas industry — and with it, the energy markets they serve. C
Admin 08.09.2017 0 66

Oil trades near 4-week high as refining returns after HarveyChron.comOil traded just below a four-week high as U.S. refiners returned from shutdowns caused by Hurricane Harvey, boosting demand for crude. Futures slid 0.9 percent in New York after increasin
Admin 07.09.2017 0 79

BloombergWorld's Biggest Wind Turbine Maker Waves Goodbye to Oil Industry ...BloombergIn another sign that the petroleum era is drawing to a close, Denmark is selling off its last oil company with barely a peep. Once considered a strategic asset, on&nb
Admin 29.08.2017 0 44

Financial TimesOil and the battle for Norway's soulFinancial TimesFor decades, the nation's economy and jobs market have been boosted by oil and gas. It has used the revenues from petroleum to create the world's largest sovereign wealth fund, w
Admin 27.07.2017 0 61

The Conversation USHow electric vehicles could take a bite out of the oil marketThe Conversation USEuropean demand for oil to propel its passenger vehicles has been falling for years. Many experts expect a sharper decline in the years ahead as the shift to
Admin 27.07.2017 0 45

Financial TimesOil Rises, But Saudis Face Daunting DilemmaOilPrice.comOPEC producers have reached a catch-22 in their quest to rebalance global supply fundamentals for their precious crude oil markets. While deeper cuts are necessary to bring supply and de
Admin 27.07.2017 0 52

MarketWatchOil settles at a 2-month high as US crude stockpiles drop for a fourth weekMarketWatchSome members of the Organization of the Petroleum Exporting Countries have promised to cut back exports, traders are showing concern about Venezuelan oil suppl
Admin 27.07.2017 0 52