The US Bureau of Land Management (BLM) received only four bids on two parcels during its Sept. 25 lease sale in Wyoming, leaving industry leaders concerned about the future of drilling on public lands there. […]
U.S. rail freight transported nearly 1.8 million metric tons of materials in 2023, with energy products, including coal, oil, and natural gas, being the most common. Rail stands out for its safety record and sustainability, […]
Weekly Daily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon […]
2024 will be the first year since 1958 that the Bureau of Ocean Energy Management held no offshore oil and gas lease sales. This year will be the first year since 1958 that the Bureau […]
Gov. Newsom signed laws further restricting oil and gas facilities in Calif., aiming to close wells, penalize idle sites, and push California toward ‘green’ energy. Gov. Gavin Newsom (D) traveled to Baldwin Hills to sign […]
With VLCC earnings in solid territory, it’s no surprise that fresh sales emerge weekly in broking reports across the globe. The latest deals involve two rusty vessels. First, a 2005-built 300,000 dwt VLCC named Sake, […]
Daily Standup Top Stories Russia Ramps Up Arctic Oil Tanker Shipping to a New Record September 25, 2024 Stu Turley 15 oil tankers have crossed the Arctic waters so far this year With a month to […]
Crude oil inventories in the United States fell by 4.339 million barrels for the week ending September 20, according to The American Petroleum Institute (API). Analysts had expected a drop, but a much smaller one […]
Shockingly, energy policymakers do not understand that electricity and transportation cannot exist without products made from fossil fuels. Political bureaucrats and policymakers seem to be oblivious to humanity’s addiction to oil, as they are to […]
15 oil tankers have crossed the Arctic waters so far this year With a month to go that already exceeds last year’s total Russia has already dispatched a record amount of oil through its section […]
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