Financial TimesPolitical upheaval in Libya threatens oil productionFinancial TimesLibya's national oil company has suspended crude loadings at two major oil terminals, which together with a separate port blockade is estimated to trigger a drop in produ …

BloombergBig Oil, Utilities are Lining Up for an Electric Vehicle War - BloombergBloombergA red-hot electric vehicle market has triggered a face-off between Big Oil and utilities. Oil majors, who've sold fossil fuels to cars for a century, are now movi …

BloombergBig Oil, Utilities are Lining Up for an Electric Vehicle WarBloombergBP Plc predicts electric vehicle sales will surge by an eye-watering 8,800 percent between 2017 and 2040, making it an attractive business for oil companies as demand for gasolin …

Seeking AlphaA Coming Wave Of Oil Demand Destruction - No, Not EVsSeeking AlphaI remain convinced that the pro cyclical effects of fossil fuel consumption subsidies, which are overwhelmingly concentrated in producer nations, are one of the less understood …

Channel NewsAsiaKuwait to spend US$500b on oil projects by 2040Channel NewsAsiaKUWAIT CITY: OPEC member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output and refining capacity, a top executive said on Wednesday …

BloombergWestern Europe's Biggest Oil Producer Is Getting Another FixBloombergNorway was hit by an economic shock in 2014 when the price of oil more than halved in less than a year, prompting central bank Governor Oystein Olsen to warn that “winter is …

Financial TimesExxon plans fivefold rise in Permian Basin shale oil productionFinancial TimesExxonMobil, the largest US energy group, plans to increase its shale oil production in the Permian Basin of Texas and New Mexico fivefold to 500,000 barrels a day …

BloombergOil Spill at Sea From Burned Ship off China Spreads 'Noticeably'Bloomberg“It is virtually certain that much of the condensate went into the sea in solution, and that toxic underwater hydrocarbon plume will injure marine life exposed to it, …

Inflection Point: Oil's Inevitable Rise (Part 1 Of 4)Seeking AlphaIn the next series of articles, we'll summarize the global oil situation as of Q3 and look ahead. The continuing stock draws in crude and petroleum products are simply unsustainable …

BloombergNorway Keeps Rates at Record Low to Back Recovery From Oil SlumpBloombergThe economy of western Europe's largest oil producer is recovering from a protracted slump in its petroleum industry. But with inflation well below target and the housing …