Back in September last year, Bloomberg reported that refineries around the world were struggling to keep up with demand for diesel fuel. That imbalance led to soaring diesel prices, with the fuel gaining 60% in Europe and […]
(The Center Square) – The Texas oil and natural gas industry, in the upstream sector alone, shattered jobs records in March. The upstream sector added 4,500 jobs last month, the greatest number of jobs in […]
Just a week after the Iraqi federal government announced it was repairing its own oil pipeline to Turkey, which would override a Kurdish oil pipeline that has been offline amidst a three-way diplomatic dispute between […]
HOUSTON, April 22 (Reuters) – U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider conflict in the Middle East. U.S. West Texas Intermediate crude was up 1 […]
SHANGHAI, April 22 (Reuters) – China’s state planner expects an intensified price war among automakers of electric cars and plug-in hybrids this year because of overhanging supply, among other issues, the government body said in […]
Earth Day Celebration – With the International Energy Realities Podcast David Blackmon, Irina Slav, Tammy Nemeth, and Stu Turley are having a blast discussing “Earth Day.” Get your week started with a fun, informative international […]
The United States is the largest oil producer in the world. In 2023, we pumped out a record 12.9 million barrels every day. This is a significant milestone for the American economy — but not one you will hear […]
In sunny California, solar panels are everywhere. They sit in dry, desert landscapes in the Central Valley and are scattered over rooftops in Los Angeles’s urban center. By last count, the state had nearly 47 gigawatts of […]
Shares of Schlumberger Limited (SLB) are dipping slightly on Friday as the oil drilling operator posted its first-quarter earnings, beating Wall Street revenue expectations for the quarter but disappointing on its failure to truly capitalize on […]
The Alaska House of Representatives voted Wednesday to allow companies to collect carbon dioxide and inject it deep underground. Supporters said they believe it will boost the state’s oil, coal and gas industries. Legislators passed House Bill […]
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