IEA: U.S., China to the LNG Lead by 2024
The United States and China will become the world's biggest liquefied natural gas (LNG) exporters and importers, respectively, in five years, according to projections by the International Energy Agency (IEA).U.S.
Trump Rails Against Oil Prices, OPEC Pushes Back
U.S. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices, drawing rebukes from some of the world's top energy exporters."Looks like OPEC is at it again. With record amounts of Oil all over the place…
Oil Markets Brace for Possible US Sanctions on Venezuela
U.S. oil markets were readying for fallout from potential U.S. sanctions on Venezuela's vital oil sector on Monday after Sunday's election in the struggling country was deemed a "sham" by Washington. Venezuelan President…
Murky Inventory Estimates Leaves Oil Markets Guessing
Oil supplies remain plentiful despite OPEC-led cut; measuring stored oil globally is notoriously difficult. The jury is still out over whether an OPEC-led production cut aimed at tightening oil markets is working…
Rockefeller Fund hits Exxon, Sheds Fossil Fuels
The Rockefeller Family Fund said on Wednesday it would divest from fossil fuels as quickly as possible and "eliminate holdings" of Exxon Mobil Corp, saying the oil company associated with the family fortune has misled the public about climate change risks.
Saudi Execution Exposes Kingdom's Internal Conflicts
Saudi Arabia's execution of Shi'ite cleric Sheikh Nimr al-Nimr has exposed the dangerous political, religious and socio-economic fault lines which run through the kingdom and the Gulf. News of the execution sparked…
US Fracking Linked to Higher Hospitalization Rates
People who live in areas near hydraulic fracturing are more likely to be hospitalized for heart conditions, neurological illnesses and cancer, according to researchers from the University of Pennsylvania and Columbia University.
Oil Analysts, Experts Weigh In On Iran Nuclear Deal
Iran, the United States and five other major powers reached an agreement to restrain the Iranian nuclear program in exchange for relief from economic sanctions. Q: Can you outline the timeline from here? "The P5+1…
US Crude Export Would Help Europe -Czech Republic
Lifting the U.S. ban on oil exports would bolster energy security in Europe by allowing countries to find alternative sources, the Czech Republic ambassador to the United States told lawmakers considering a bill to do away with the trade restriction.
FAQ: Oil Analysts and Experts on Iran Nuclear Deal
Iran, the United States and five other major powers are trying to reach an agreement to restrain the Iranian nuclear programme in exchange for relief from economic sanctions. Q: When will financial sanctions be lifted?
Amos Hochstein Appointed to Focus on U.S. Energy Affairs
The U.S. State Department appointed Amos Hochstein as the top diplomat for energy affairs as the Obama administration tests using the power of the domestic energy boom to shape policy with foreign energy producers and consumers.
Acorn Appoints Oxman as Partner
Acorn International, an environmental and social risk management service provider, has appointed Michael Oxman as partner within its Houston office. In this role, Oxman will be the cornerstone in taking Acorn International…
Shell CEO: US Should Export Oil, Embrace Global Markets
The head of energy company Royal Dutch Shell said on Tuesday that U.S. policymakers should lift the crude oil export ban because allowing the shipments would make global energy system more stable. "Policy makers here in the U.S.
Iraqi Kurdish Oil Nears US Port Despite Concern in Washington
A tanker carrying crude oil from Iraqi Kurdistan is just one day away from arriving at a U.S. port, according to ship tracking satellites, despite Washington's long-standing concern over independent oil sales from the autonomous region.
Oil Producers Hope DC Talks Ease Export Ban
Recent meetings between U.S. oil producers and Commerce Department officials have fueled industry hopes that the Obama administration may soon begin to ease a longstanding ban on oil exports. Although it would require…