Blog - Main Leading Crude Oil Exporting
August 7, 2018

China Threatens 25% Import Tariff On U.S. LNG

As tensions between the United States and China escalate, Beijing has now threatened a 25 percent import tariff on U.S. liquified natural gas
August 7, 2018

This Is Why Canada Lost The LNG Race

Just recently, it seemed as though Canada’s LNG ambitions might finally come to fruition, but legal challenges and opposition of a once-promising project have sucked the life from supporters looking for a big pay day
August 7, 2018

Crackdown Looms As Maduro Survives Assassination Attempt

Maduro has survived an assassination attempt in which his attackers flew a series of drones carrying explosives towards him, an attack that is likely to cause yet another security crackdown in the country
August 7, 2018

Warship Or Oil Tanker – What Did The Houthis Hit?

  Late last month, reports emerged from Saudi Arabia and its Gulf allies that the Yemen Houthi rebels had attacked two Saudi oil tankers in the […]
August 7, 2018

A New Material That Could Create Super Batteries

  Researchers at the University of Cambridge have identified an entirely new class of materials that could allow lithium-ion batteries to charge faster and deliver higher […]
August 7, 2018

India’s Largest Refiner Plans $25B Output Boost

Indian Oil Corporation, the country’s biggest refining company, plans to invest US$25.5 billion (1.75 trillion rupee) in boosting its oil refining capacity, local media report, citing […]
August 7, 2018

The Weirdest Oil Lawsuit Of 2018

Rosneft has been rocking the Russian oil sector for quite some time already – first it acquired several domestic assets, in some cases bordering on hostile […]
August 7, 2018

Pakistan: Exxon Is Close To Making A Mega Oil Discovery

ExxonMobil is close to discovering huge oil reserves in Pakistan near the border with Iran, and those reserves could even be larger than the oil reserves […]
August 6, 2018

Russia Accused Of Illegally Selling Oil To North Korea

While most of the sanction-bypassing oil trade with North Korea is thought to be originating from China, oil sales from Russia to Kim Jong-un’s regime may […]
August 6, 2018

Goldman Sachs Expects “Very, Very Tight” Oil Market

Investment bank Goldman Sachs warns for a very, very tight oil market as demand continues to be strong and OPEC's spare capacity runs thin.
August 6, 2018

Militants Attack Iraqi Power Line Eight Times In Two Months

A high-voltage power line in Iraq has been targeted by Islamist militants eight times over the past two months.
August 6, 2018

Something Strange Is Happening In The Saudi Oil Patch

According to Bloomberg, Saudi Arabia may have started to fill its crude oil tank farms as exports and domestic consumption are stalling
August 6, 2018

Tesla Plans To Launch Mini-Car

Tesla is working on a “mini-car that can squeeze in an adult,” a new tweet from chief executive Elon Musk told the world
August 6, 2018

Locked Into Hedges, Shale Misses Out On Oil Price Rally

As oil prices rose in the second quarter of 2018, one would expect shale companies to make a killing, but many of them didn’t benefit as much as expected because of stringent production hedges
August 6, 2018

The Key Oil Price Driver By 2020

Middle distillates such as jet fuel, marine gasoil and trucking diesel are more closely linked to economic growth than other oil products and are expected to see increasing demand throughout the 2020s
August 5, 2018

Venezuela Sends More Crude To The U.S. Despite Production Woes

Despite crashing production, sanctions and domestic chaos, Venezuela has increased its crude oil exports to the U.S. where heavy crude demand is soaring
August 5, 2018

Diesel Trucks Aren’t Going Anywhere

In trucking, diesel will be the dominant fuel for years to come, and while electric, autonomous trucks are gaining some popularity, a full breakthrough could still be decades away
August 5, 2018

The Next Big Energy Standoff Will Happen Here

With incredible estimates of undiscovered oil and gas reserves, the South China Sea has been a point of geopolitical controversy for years, but a new agreement suggests some progress is being made
August 5, 2018

The U.S. Remains The Natural Gas King

The U.S. remained the global natural gas production leader in 2017, but the level of proved natural gas reserves implies that this reign could be coming to an end
August 5, 2018

Is Nigeria’s Oil Industry On The Road To Recovery?

Throughout the spring and summer of 2018, the Nigerian petroleum industry has suffered major production and export complications, exacerbated by an atmosphere of political instability
August 20, 2018

The “Weakest” EIA Report In Years

The EIA just published one of the “weakest” weekly oil reports in years, which suggests troubled waters ahead for the global oil market. The timing of […]
August 20, 2018

New Rechargeable Battery Could Accelerate EV Adoption

Researchers at the University of Michigan have developed a new rechargeable technology for batteries that could have double the power output compared to today’s most-widely used […]
August 19, 2018

U.S., China Trade War Puts A Lid On Oil

The oil market has suddenly gone south in recent weeks, with cracks in the global economy starting to drag down oil. The U.S.-China trade war is […]
August 19, 2018

Canada’s Pipeline Crisis Is A Boon For Russia

The controversy of the Trans Mountain pipeline expansion projects has so far focused more on the implications of the project’s delay for Albertan crude oil producers. […]
August 19, 2018

Iran Sanctions Could Backfire On U.S. Drillers

The United States is upping the ante in its effort to sanction Iran, and its efforts may further complicate its ongoing trade war with China and […]
August 19, 2018

Venezuela’s Key Refineries At Risk Of Seizure

In 2007, following Venezuela’s expropriation of billions of dollars of assets from U.S. companies like ExxonMobil and ConocoPhillips, I suggested a potential remedy. Since Venezuela’s state-owned oil company, […]
August 19, 2018

What Happens Next To China’s Crude Imports?

Our friends over at Ursa published a blog post yesterday discussing crude inventories at Kyaukphyu in Myanmar, highlighting the seeming political nature of recent crude flows to the storage hub.  […]
August 19, 2018

Overlooked Gas Project Could Be Biggest Winner In Trade War

After several months of what can only be only called bad PR and troubling news coming out of the ExxonMobil-led $19 bn Papua New Guinea (PNG) […]
August 18, 2018

Egypt Aims For Natural Gas Dominance In The Mediterranean

The natural market gas in the Eastern Mediterranean is in full ebullition – with Egypt determined to be the center of this regional marketplace. The country […]