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President Donald Trump scoffed yet again at a source of electricity championed by his own energy secretary. saying wind power doesn’t work all that well.
Read More »Trump Says Wind Isn’t Working But His Energy Secretary Disagrees
China’s CNPC Backs out of Venezuela Oil Deal in Wake of Ramped up US Sanctions
China has imported 339.000 barrels a day of Venezuelan oil this year.
Read More »Global Stock Markets Rally as Trump Delays Key China Tariffs
Weakness in Asian stock markets had spilled first into Europe and from there into early US trading.
Read More »Number of U.S. Active Drilling Rigs Continues to Fall This Week
The outlook for oil demand growth is ".fragile.". with a greater likelihood of a downward revision than an upward one.
Read More »Oil Demand Growth at Decade Low
Despite a further cut in oil demand growth by the IEA. oil prices are trading marginally higher.
Read More »The Mideast has Oil. China has Rare Earths
China accounts for 85 percent of the world’s production of rare earths.
Read More »China Rescues Venezuela’s Run-Down Oil Refineries
China and Russia have an interest in preventing the complete collapse of Venezuela’s oil industry.
Read More »TurkStream will Strengthen Russia`s Influence in European Energy Market
Growing LNG-capacities in Europe will be a constraint for Turkey in its path to dictate terms to the EU as a regional gas hub.
Read More »Has US Shale Gas Production Peaked?
The equity in gas markets are sending a clear message to operators to cut growth to maintenance levels and someone need to go further than that.
Read More »Oil Prices Rise ahead of Expected US Interest Rate Cut
Economic growth in the US slowed less than expected in the second quarter.
Read More »