Toyota is one of the most outspoken proponents of hydrogen fuel cell vehicles, even ditching its partnership with Tesla Motors to focus on the Toyota Mirai hydrogen fuel-cell vehicle. But even with […]
Bakken fuels North Dakota’s oil production growth
North Dakota crude oil production surpassed 1.0 million barrels per day (bbl/d) in April and May (the latest data available). This record is the result of increasing crude oil production from the […]
Recent activity and growth in the Permian Basin
According to current estimates, the Permian Basin is one of the largest oilfields in the world. A recent presentation from Pioneer Natural Resources (PXD) showed the total recoverable resource potential of the […]
5 Things Ukraine Must Do To Become Energy Independent
There are exactly five things Kiev must do to become energy independent and disentangle itself from the Russian-driven geopolitical gas war: 1. Sell its pipeline system (most importantly); 2. Sell the remaining […]
Oil price volatility hits European airlines
European airline shares have fallen sharply as growing violence in Iraq marks the end of an unprecedented period of low volatility in oil prices.Brent crude hit a nine-month high of $115 a […]
China Passes the U.S. as #1 Oil Importer
Well, it’s finally happened. Last September, according to the calculations of the Energy Information Administration, China passed the United States as the world’s largest importer of oil products. The crossing of paths […]
Are Hydrogen Fuel Cell Vehicles Dead On Arrival?
The national vision by politicians, economists, industrialists and environmentalists to transition to hydrogen economy by 2030 seems deadlocked, with hydrogen fuel cells projected to represent a $3 billion market of about 5.9 […]
Kazakhstan’s largest oilfield will be shut down for at least two years
In another crisis at a giant but star-crossed oilfield, Kazakhstan’s Kashagan will be shut for at least two years while specialty pipelines are made to resist the unforeseen impact of toxic gas, according […]
Will LNG prices in Asia continue to be oil-linked?
The simple answer to that question is that there is no simple answer. Historically, LNG prices were linked to oil because LNG was displacing oil and that practice continued until US LNG […]
Shale, the Last Oil and Gas Train: Interview with Arthur Berman
How much faith can we put in our ability to decipher all the numbers out there telling us the US is closing in on its cornering of the global oil market? There’s […]
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