Rose For a Fourth Day Oil prices rose for a fourth day on Tuesday. On optimism the U.S. Federal Reserve will this week fed rate cut interest rates for the first time in more than 10 years. Boosting demand expectations in the world’s biggest oil user. Brent crude rose 35 cents to $64.06 a barrel by […]
Oil prices have settled into a temporary rut, with WTI stuck in the mid-$50s and Brent in the mid- to low-$60s. Threats of supply disruptions in the Middle East have failed to buoy prices, while ongoing production and export declines in Iran and Venezuela are also failing to push up crude. U.S. supply growth has […]
Iran seized a British tanker in the Strait of Hormuz for alleged marine violations. After that, it allowed a second one to proceed after issuing a warning. It has the label “Extraordinarily Brazen”. Read more below The actions are a dramatic intensification of already relations between the U.S. and Iran. The latest is Britain which […]
As Iran’s government starts breaking its agreed uranium enrichment limits, European leaders are floundering to keep it alive. “If war were to break out, we estimate that the price of oil would quickly surge to around $150 per barrel following the outbreak of hostilities,” Read the full article here Source: CNBC.com
Shale Gas Hydraulic The US thus will continue to win over other markets. Owing to the presence of maximum recoverable reserves of natural gas. Furthermore, frequent technological innovations particularly in the US market. For shale gas production are also said to provide this region with a major thrust. The Future Market Insights’ report forecasts a […]
Electric utilities note that power generated from natural gas is inexpensive, reliable, and clean. By the way, natural gas supplies are almost unlimited. Ready to learn more about clean electricity production? Due to the shift largely from coal to natural gas, carbon emissions from electricity production in the United States have dropped dramatically and are […]
Decline in spending on renewable energy projects during the first half. Wind and solar have yet to become fully competitive with fossil fuel power generation. Spending on solar and wind also fell in Europe, where governments and environmentalist groups are particularly vocal about their clean energy plans. Investments fell 4 percent, despite a surge in […]
There is a risk of drilling through prior underground industrial work. Potentially inadequately documented, new drilling must be all the more cautious. This is as the Marcellus and Utica Shale extraction continues to boom. It is mostly in the eastern and southeastern counties of Ohio. Read more about the extraction process details. Drilling superintendent at […]
Given that cleaner, flexible, affordable, and reliable natural gas is the go-to fuel. It is because it cut greenhouse gas emissions and back up intermittent wind and solar power. The Liquefied Natural Gas Market is the fastest-growing commodity market in the world. The reality is that there are about 100 things you need to know […]
Extra Oil Pipelines U.S. shale play will need extra oil pipelines pipeline capacity up to 500,000 bpd by the end of 2030 to ship soaring crude output to markets, Wood Mackenzie said in new research this week. Midstream operators are set to add 4 million bpd of Permian-to-Gulf Coast pipeline capacity by the end of […]
