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COLUMN-BP Must Remain British, Says Whitehall
(Monday, April 27, 2015) BP continues to have a close relationship with Britain's establishment - reaching beyond government ministers and right into the core of the permanent Whitehall bureaucracy.
Saudi Arabia’s Solution to Global Oil Glut: Pump Ever More Crude
(Friday, April 24, 2015) Saudi Arabia has a response to the global surplus of oil: Raise output to near-record levels and then pump even more.
Kinder Urges Industry to Improve Communication
(Friday, April 24, 2015) Kinder Morgan's CEO Richard Kinder said that permits are slowing necessary pipeline projects and the energy industry needs to improve its communication efforts.
U.S. Power Grid's $2 Trillion Push Needs European Efficiency
(Thursday, April 23, 2015) Even with electricity rates as much as three times higher than what the average American pays, French, Italian and German consumers still enjoy lower monthly bills.
Tillerson: Feds, Industry Must Work Together in New World of Energy
(Wednesday, April 22, 2015) ExxonMobil chief says regulators overburden the industry, but progress can be made in a way that meets world energy needs.
Ex-BP Chief Sees Oil Bull Market Sooner than Many Expect
(Wednesday, April 22, 2015) Former BP CEO Tony Hayward says low crude prices will trigger consolidation in the oil industry but a new bull market might arrive sooner than expected.
Africa's Economic Growth Tied to Downstream Investment
(Wednesday, April 22, 2015) Inadequate petroleum supply infrastructure investment could stifle Africa's future economic growth.
Natural Gas Trucks to Grow Despite Diesel Price Drop -Execs
(Wednesday, April 22, 2015) Despite a drop in diesel prices stemming from the oil price crash, vehicles fueled by natural gas will remain attractive as they offer big long-term cost savings, trucking and fuel executives said on Wednesday.
World’s Biggest Oil Trader Sees $50 Floor for Crude Prices
(Tuesday, April 21, 2015) Vitol Group, the world’s biggest independent oil trader, said crude prices won’t drop below $50 a barrel for sustained periods because that’s a level some producers need in order to invest in new supply. Gunvor Group said a rout is over.
Oilfield Slowdown Seen Sapping U.S. Diesel Demand
(Tuesday, April 21, 2015) A sharp slowdown in oilfield work in the United States will temper demand for diesel as less of the fuel is consumed, the chief economist for a top refiner said on Tuesday.
COLUMN-Asia Can Copy U.S. Coal-to-natural gas Switching
(Tuesday, April 21, 2015) Factors are at work that suggest several Asian countries may be able to use more natural gas for power generation, and at prices that are still competitive, albeit higher than sticking with coal.
COLUMN-Cheaper Fuel to Boost Container Shipping
(Tuesday, April 21, 2015) Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles.
Tackling the Skills Shortage Challenge in the Oil, Gas Industry
(Monday, April 20, 2015) Industry experts weigh in on the continuing challenge of finding skilled workers to hire in the oil and gas industry.
Millennials Embrace Cars, Defying Predictions of Sales Implosion
(Monday, April 20, 2015) Millennials are starting to find jobs and relocating to the suburbs and smaller cities, where public transport is spotty.
COLUMN-Buyer Deals, Seller Mergers Show Changing LNG Dynamics
(Monday, April 20, 2015) Nothing shows the changing nature of the global liquefied natural gas (LNG) market than the creation of super-sized producers and buyers.
Fuzzy Forecasts for the U.S. Energy-Exporting Future
(Thursday, April 16, 2015) Here's a fun juxtaposition for you.
COLUMN-U.S. Refineries Start to Absorb Surplus Crude Stocks
(Thursday, April 16, 2015) Refinery run rates normally begin to rise around now as maintenance ends and refineries come back online, but this year production is rising unusually early and fast.
Electric Cars Won't Spread Even with Rapid Chargers -Toyota Engineer
(Thursday, April 16, 2015) Battery-powered electric vehicles don't have a practical future as a long-range alternative to conventional cars even if technological breakthroughs allow them to be charged quickly, a top engineer at Toyota Motor Corp said on Thursday.
COLUMN-Iran's Tantalizing Oil Price
(Wednesday, April 15, 2015) Any easing of sanctions could have a major impact on oil and gas markets in the second half of the decade.
Canada Eager to Cooperate With U.S. on Emissions, Minister Says
(Tuesday, April 14, 2015) Canada is eager to expand cooperation with the U.S. on environmental standards for oil and natural gas and to work toward a global climate agreement, Natural Resources Minister Greg Rickford said.