GlobalData recently projected that Venezuela’s crude oil production would drop to one million barrels per day by the end of the year. At this rate of decline, the country may have no more oil for export by early 2019.
Category: Forbes
Why Did China Tap The Brakes On Its Solar Program?
China just slashed subsidies to its solar industry. Was this decision a concession in a potential trade war with the U.S.?
Who Is To Blame For Higher Gasoline Prices?
Presidents like to take credit for low gas prices and higher energy production, but the reality is a bit more complex than that.
Permian Producers Struggle To Make Money
Only a handful of oil companies generated positive cash flow in the first quarter. Notably, none of them operate primarily in the Permian Basin.
Has Norway Reached Peak Demand?
Fuel consumption in Norway declined in 2017 for the first time in several years. Have Norway’s electric vehicle policies finally resulted in peak oil demand there?
A Battery That Could Change The World
A new type of battery being commercialized by a Tufts University professor promises to address two of the most significant shortcomings of lithium-ion batteries.
Addressing Misconceptions From Senator Grassley’s Ethanol Editorial
Last week Iowa Senator Chuck Grassley penned an editorial in support of the nation’s renewable fuel program, but he advanced several misconceptions in the process.
Venezuela’s Woes Worsen
Things have gone from bad to worse in Venezuela, as ConocoPhillips moves to seize some of the Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award.
Renewable Sources Account For Most New U.S. Power Capacity
renewable power, solar power, wind power, power capacity
Russian Trolls Are Targeting U.S. Energy Production
A recent report highlights Russia’s efforts to sow discord in the U.S. energy markets.