As news of the Volkswagen scandal broke in the US, it was only a matter of time before the storm hit Europe’s shores. The news was just one more log on the blaze of bad publicity the diesel industry has received in recent times. Moreover, in cultural terms, nitrogen oxide emissions seem to have overtaken carbon dioxide as the more “evil” of the two pollutants.
Archive for the ‘oil’ Category
By Caroline Knight and Reinout Geyssens | October 6, 2015 12:01 AM Comments (0)
By Robert Perkins | October 5, 2015 12:01 AM Comments (1)
By Janet McGurty | September 30, 2015 12:01 AM Comments (0)
By Joshua Mann | September 29, 2015 12:01 AM Comments (0)
Pipelines are chasing crude-by-rail shipments out of most US markets, but the Bakken-to-Atlantic-Coast route has managed to keep a hold on its market share, making the spread between domestic and international crudes more important than ever to profitability on the rails.
Rail used to have a key advantage in the midstream market; namely, it was already there. When the US started producing massive quantities of crude oil from shale wells about six years ago, the volumes quickly overwhelmed the market’s ability to move it around with traditional infrastructure. Huge amounts of crude oil were piling up in the Bakken, hundreds or even thousands of miles from the major coastal refining regions, and no one had the space to move it.
By Rosemary Griffin | September 28, 2015 12:01 AM Comments (1)
Russia’s oil and natural gas industry is feeling the impact of low prices and financial and technological sanctions, but disagreements within the country’s own energy sector are also proving a hurdle to development, as Rosemary Griffin details in this week’s Oilgram News column, Petrodollars.
By Yen Ling Song | September 23, 2015 12:01 AM Comments (0)
Dongming, Yatong, Kenli, Lijin: A new breed of companies are emerging from China. Part of the band of independent teapot refiners, which by almost any measure are considered underdogs in the country, they are now taking their first, albeit tentative steps into international trading.
By Starr Spencer | September 22, 2015 12:01 AM Comments (0)
The recent Barclays CEO Energy-Power Conference came at a crucial time in the current lower-for-longer oil price environment and clarified upstream CEOs’ plans to weather what could be 2015 all over again for a couple of more years.
By Tim Bradner | September 21, 2015 12:10 AM Comments (0)
By Herman Wang | September 14, 2015 12:01 AM Comments (2)
By Stuart Elliott | September 11, 2015 10:10 AM Comments (2)
The past year has, without a doubt, been a momentous one for oil markets. Prices began their precipitous plunge in mid-2014, only for OPEC’s shift in strategy in November last year to send them even lower.
At the time, OPEC argued that the market should be left to balance itself, and that it should be the higher-cost oil that should be removed from the market first — not the lower-cost OPEC oil.