Fossil Fuels News


Gasoline prices in Houston and across the country fell last week alongside crude oil prices after U.S. stockpiles showed a significant increase.
World of Oil
10/22/2018

The evolution of the global natural gas market, which has been driven by the growth in liquefied natural gas (LNG) demand, continues to change the relationship between buyers and sellers, and raises new challenges for the global security of energy s
World of Oil
10/22/2018

Total and CNOOC have signed an amendment to their existing sale and purchase agreement (SPA) for liquefied natural gas (LNG) supply to further strengthen their cooperation in the LNG business.
World of Oil
10/22/2018

Iraq is fast becoming a global oil powerhouse, gaining stature in OPEC after it surpassed Canada this year as the world’s fourth-biggest producer. But the war-ravaged country has little to show for its feat.
PeakOil.com
10/22/2018

Saudi Arabia has no intention of using its oil wealth as a political tool in the controversy over the killing of journalist Jamal Khashoggi, and the kingdom plans to boost crude output again soon. “For decades we used our oil policy as a respo
PeakOil.com
10/22/2018

Saturdays, when fewer eyeballs see the paper, The New York Times likes to publish its most extreme ventures into social unreality. Last week’s prank was the story at the top of page one that declared: #WontBeErased: Transgender People and Allies Mob
PeakOil.com
10/22/2018

Many of the world’s richest seem to earnestly believe that some kind of apocalyptic “event” [3] is coming, and have prepared accordingly. You might have read about this before — such as in the New Yorker’s deep dive [4] back in January 2017 — but bi
PeakOil.com
10/22/2018

raq is seeking to produce 7 million barrels of oil per day (bpd) through its newly established National Oil Company and to export 4 million bpd in 2019, Oil Minister Jabar al-Luaibi said on Saturday. FILE PHOTO: Iraqi Oil Minister Jabar al-Luaibi sp

Brent crude oil for December remained under $80/bbl on the London market Oct. 19 while light, sweet oil for November and December delivery settled over $69/bbl in New York. All were up slightly Oct. 19 as China showed signs of increased demand, but

Imperial Oil Ltd. has restarted production at its Norman Wells operations in the Northwest Territories following the return to service of Enbridge Inc.’s Line 21 pipeline. Imperial had previously resumed limited shipments of crude oil from storage i

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