China’s first seagoing LNG bunker vessel will operate with a comprehensive and integrated package of highly efficient and environmentally sustainable solutions.
Read More »Mnuchin Confirms Trump Could Use Security Threat Huawei as Bargaining Chip in Trade War
US Treasury Secretary Steven Mnuchin admitted that while Chinese telecom giant Huawei remains a supposedly dangerous national security issue – except when it can be used to wring a better deal out of China.
Read More »Oil Woes Have Calgary Landlords Turning Empty Offices Into Apartments
When the lease on an Alberta Health Services office in Calgary came due for renegotiation two years ago. the rental market was so bad that trying to keep the tenants wasn’t worth it.
Read More »Could This Be Energy Storage’s SunShot?
Under the Better Energy Storage Technology Act. the Department of Energy would invest $60 million a year from 2020 through 2024 to complete the projects by September 2023.
Read More »Oil could Still Drop to $30 per Barrel
OPEC is close to reaching an agreement to extend the production cut deal beyond June.
Read More »India Seeks Better Oil Deal with United States
In 2018. India imported the third-highest volume of crude oil by value after China and the United States.
Read More »Russia Warns of $40 Oil Even as It Holds Out on OPEC Deal
Saudi Arabia and Russia. the two largest producers in the OPEC coalition. voiced concerns that falling oil demand could send prices below $40 bbl as they met in Moscow.
Read More »The 2020 Oil Market is Quickly Turning Ugly
Oil bulls thought 2020 would be their year.
Read More »Oil Drillers Scale Back U.S. Activity as Crude Falls Into Bear Market
U.S. crude explorers reduced drilling to a 15-month low as oil dipped into bear-market territory.
Read More »The Bearish Threat Within OPEC
After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.
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