Category: Energy

December 18, 2018

Exxon Mobil Corp. (IW 500/1) has overtaken rivals to become the most active driller in the Permian Basin, showing the urgency with which the world’s biggest oil company by market value is pursuing U.S. shale. Even after a slow start […]

December 12, 2018

The U.S. government left its forecast for domestic crude production unchanged for 2019 even with prices averaging almost $11 a barrel lower than its previous estimate. Oil producers will pump an average 12.06 million barrels a day next year, up […]

November 20, 2018

WASHINGTON — Public interest groups, state pollution regulators and many automakers are wringing their hands over the Trump administration’s campaign to dilute clean-car standards for the 2021-26 model years. They can relax. This is “The Gang That Couldn’t Shoot Straight.” […]

November 20, 2018

The planned reset of the U.S. Renewable Fuel Standard is likely to set up a fresh battle between two industries, with corn growers wanting the highest possible targets to spur investment, and oil companies eyeing the smallest to reduce costs. […]

November 1, 2018

HOUSTON/BOSTON (Reuters) – Federal prosecutors have launched a criminal investigation of utility company NiSource Inc over gas explosions and fires in three Massachusetts communities that killed one person and injured at least 21 others in September, the company disclosed on […]

October 15, 2018

The Japan-based conglomerate company, Hitachi, and US-based General Electric are set to collaborate to create a new type of nuclear power plant with small modular reactors according to sources, The Japan Times reports. It is thought that the two firms […]

September 24, 2018

It has been revealed that Siemens Chief Executive, Joe Kaeser, has travelled to Iraq to finalise a memorandum of understanding with the deal also thought to involve power transmission technology. German Chancellor, Angela Merkel, has supported Siemens’ offer but it […]

September 20, 2018

Optimizing oil and gas equipment can be an impossible task when you cannot answer critical questions about health and performance: Is this well approaching the end of its life? Are we prepared to react to market changes? Why did this […]

August 16, 2018

WASHINGTON (Reuters) – Texas environment regulators should coordinate shutdowns of oil refineries and other petrochemical plants during major storms to avoid big releases of air pollution like during last year’s Hurricane Harvey, a report said on Thursday. A year ago […]

August 2, 2018

Native American tribes that tried to block the Dakota Access oil pipeline during a months-long standoff with authorities in North Dakota more than a year ago are carrying on their fight in federal court, in what they contend is a […]