Browse Other News Topics:
COLUMN-PetroChina, Sinopec Merger Makes Little Sense
(Friday, February 27, 2015) The market chatter over forming a giant Chinese oil major through merging PetroChina and Sinopec has ramped up again recently, but the motivations for such a deal struggle to stand up to scrutiny.
EU Unveils Vast Plan to Merge 28 Energy Markets
(Wednesday, February 25, 2015) The European Union's executive has unveiled a vast plan to boost coordination between the EU's 28 national energy markets to wean Europe off unstable Russian gas supplies and provide cheaper energy for consumers.
COLUMN-Keystone Shows Environmental Review Process Is Broken
(Wednesday, February 25, 2015) Keystone has become a totemic issue for both environmental campaigners and the oil industry.
Saudi's Naimi Says Oil Demand Growing as Prices Stabilise
(Wednesday, February 25, 2015) Saudi Arabia's Oil Minister Ali al-Naimi said on Wednesday that oil demand is growing and markets are calm, in some of his first public comments since the price of crude rebounded from a near six-year low.
Canada's Oil Sands Cash Flows to Fall by $23 Bln in 2 Years - Consultancy
(Tuesday, February 24, 2015) Oil sands cash flows will fall by $23 billion in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low global petroleum prices make it less economical to extract bitumen from northern Alberta.
COLUMN-Oil-by-rail Shipments Are Playing Russian Roulette
(Monday, February 23, 2015) Train derailments involving crude oil and ethanol in the U.S. will cost more than $18 billion over the next 20 years, predicts the U.S. Department of Transportation .
Asahi Kasei Eyes Electric Car Growth with $2.2 Bln Polypore Battery Deal
(Monday, February 23, 2015) Japanese chemical manufacturer Asahi Kasei Corp has agreed to buy Polypore International Inc's energy storage business for $2.2 billion, betting on growth in demand for hybrid and electric cars.
EU to 'Reframe' Russian Energy Ties When Time Is Right - Draft
(Friday, February 20, 2015) The European Union will consider "reframing" energy relations with Russia based on market conditions when the time is right and for now will focus on its strategic gas partnership with Ukraine, a draft document shows.
COLUMN-Texas Tax Collections Point to Surging Fuel Demand
(Thursday, February 19, 2015) Consumption of gasoline and diesel in Texas is growing faster than at any time since the financial crisis.
For Many in US, Cash Saved at Gas Pump Is Staying in Pockets
(Wednesday, February 18, 2015) In recent months, the stage seemed set for American consumers to do what they've traditionally done best: Spend money — and drive the economy.
ESAI: Refinery Investment Slowdown Boosts Margins by 2020
(Tuesday, February 17, 2015) In the period to 2020, reduced capital spending programs in the near term will limit oil refinery investment and produce a distillate-led recovery in refining margins by the end of the decade, ESAI Energy reports.
COLUMN-U.S. Oil Trains Are Taking High-stakes Risks with Lives
(Tuesday, February 17, 2015) Aggressive lobbying and lawyering has slowed the regulatory response to the problem in the United States. But it is a short-sighted approach which is putting the entire oil-by-rail industry in jeopardy.
Polish Refiner Lotos Sees Oil at $80/barrel at the End of 2015
(Tuesday, February 17, 2015) The chief executive of Poland's No.2 refiner Lotos expects oil prices to fluctuate this year before they arrive at $80 per barrel at the end of 2015, he said on Tuesday.
IEA's Birol Says Middle East Militancy Poses 'Major Challenge' for Oil
(Tuesday, February 17, 2015) The rise of the Islamic State (IS) in Iraq and Syria presents a major challenge for the investment necessary to prevent an oil shortage in the next decade, the International Energy Agency's (IEA's) top economist said on Tuesday.
BP's 2035 Outlook Sees OPEC Oil Gaining Ground as U.S. Shale Slows
(Tuesday, February 17, 2015) OPEC will regain ground and exceed its historic record production levels by 2030 as U.S. shale oil growth flattens out in the coming years, energy company BP said on Tuesday.
Polish Refiner PKN Sees Oil Prices Remaining Under Pressure
(Monday, February 16, 2015) Poland's biggest refiner PKN Orlen is not betting on oil prices recovering for some time, its chief economist said on Monday, adding that he expects the price only reaching about $80 per barrel in the longer term.
Total CEO Says Cheap Oil Will Prevent U.S. Energy Independence
(Friday, February 13, 2015) The chief executive of French oil major Total said the United States will not reach its aim of energy independence as the drop in oil prices will hit American shale oil producers.
COLUMN-Lindsey Oil Refinery Falls Victim to UK Policy and Shale
(Thursday, February 12, 2015) The Total refinery's problems are a microcosm of the difficulties besetting the UK refining sector, says Reuters market analyst John Kemp.
Europe's Gas Supply in Focus as Dutch Debate Giant Groningen Field
(Thursday, February 12, 2015) Gas supplies to Europe from the massive Groningen field in the Netherlands could be curtailed as Dutch lawmakers debating on Thursday face public protests over earthquakes blamed on the site ahead of elections next month.
Shell Boss Sees World Oil Supply Lagging Demand
(Thursday, February 12, 2015) The head of Royal Dutch Shell expects oil prices to remain volatile in 2015 and urges the oil sector to take the lead in the climate debate.