Seized Iran supertanker was loaded to capacity with crude oil: Gibraltar government ReutersTests have shown an Iranian supertanker seized in Gibraltar last week was fully loaded with crude oil, the government of the British territory said on Mon …
Oil struggles for direction as worrisome demand picture persists MarketWatchOil futures edge lower in choppy trade to kick off a new week of trading after prices suffered their first weekly loss in three through last Friday as... Read more https …
Lloyds, Mitsubishi partner to build 1200-MW LNG merchant power hub Business MirrorENERGY Secretary Alfonso Cusi said last week that Dubai-based Lloyds Energy is partnering with Mitsubishi Corp. Energy of Japan to put up a 1200-megawatt ... Read …
Fuelling the climate crisis: why LNG is no miracle cure for Australia’s coal addiction The GuardianAngus Taylor has claimed liquified natural gas is is cutting global greenhouse pollution by 150 million tonnes a year. But does his claim stand up …
Brent crude inches up, U.S. oil falls on weak economic data Fox BusinessIn a protracted trade war between the United States and China that dampened prospects of global economic growth and oil demand. Read more https://www.foxbusiness.com/energy …
'Our biggest compliment yet': Greta Thunberg thanks OPEC for criticism CNBCSwedish teenage activist Greta Thunberg has welcomed criticism from OPEC's secretary general, describing it as the “biggest compliment yet” to a growing ... Read more htt …
Panama says it cut Iran oil tanker from boat registry after terrorism alert ReutersPANAMA CITY, July 4 (Reuters) - Panama's Maritime Authority said on Thursday that Grace 1, a giant Iranian oil tanker seized by British Royal Marines in ... Read …
US energy independence race producing tons of oil, not so much profits Fox BusinessOh sure, U.S. shale producers have been prolific with oil production, but not so much with actually making profits. Read more https://www.foxbusiness.com/energy/q …
'Don't get used to it': OPEC's free pass for US shale will be short-lived, JP Morgan says CNBCThe U.S. shale industry has expanded at such a rapid rate that it threatens to overwhelm OPEC-led efforts to mitigate demand concerns. Read more https: …
OPEC, allies waging a battle to keep oil prices supported amid trade tensions MarketWatchThe Organization of Petroleum Exporting Countries' decision to extend production curbs by another nine months shows just how concerned the group and allied …