Articles by tag: oil

California is in emergency mode to reign in a 25-mile oil slick, after an estimated 3,000 barrels, or 126,000 gallons, of post-production crude was spilled in the Pacific Ocean off the coast of Orange County. Though the situation is still on-going, authorities suspect a ship’s anchor may be to blame, cutting into an off-shore pipeline….

The Taliban took over Afghanistan on Sunday, as they flooded the capital, Kabul, while the U.S. worked to remove all of its foreign dignitaries. Scenes of crowded airports and Afghan citizens clinging to an American bomber flooded the internet, and news broadcasts Monday. The impact will be felt around the world, particularly on the oil…

Energy Aspects analyst Amrita Sen says that OPEC and its allies are likely to raise output by “anything up to 500,000 barrels per day” even as the cartel doesn’t have the capacity to meet potential increased summer demands. Tune in below as OPEC+ heads for a meeting that could prove crucial for oil prices.  …

Saudi Aramco has outlined plans to invest in blue hydrogen as the world shifts away from the dirtier forms of energy, but it says that it will take at least until the end of this decade before a global market for the fuel is developed. Hydrogen is seen as crucial to slowing climate change the…

Richa Yadav is a mechanical engineer and sustainability consultant with the Cities group at BuroHappold and a cross-disciplinary specialist with experience in climate change mitigation and infrastructure master planning. “When it comes to city and regional governments, they have a lot of influence in how cities are shaped, which, in turn, influences how much emission…

The Energy Exchange explores the complex and critical intersection of energy, money and technology. Experts will use their insights and forecasts to outline what energy is available to us, the costs associated with that energy production and its use, and the technological innovations changing the way we utilize Earth’s resources to power our way of…

Energy Exchange explores the complex and critical intersection of energy, money and technology. Experts will use their insights and forecasts to outline what energy is available to us, the costs associated with that energy production and its use, and the technological innovations changing the way we utilize Earth’s resources to power our way of life….

(Bloomberg) This is no time for the world’s oil producers to start adding supplies to the global market if they want to drain a glut that built up because of Covid-19. That’s the conclusion that comes out of the latest monthly forecasts published by the world’s three major oil agencies — the International Energy Agency, the…

One of the top producers in America’s shale patch doesn’t see drilling picking up significantly even after this week’s surprise Saudi pledge to curb production sent prices surging. “I really don’t see much increase in the Permian Basin or the U.S. shale over the next several years,” said Scott Sheffield, chief executive officer of Pioneer…