Archive for the ‘oil’ Category

How diesel became the new environmental “evil” in Europe

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.

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Long debate over diesel comes to a head after emissions scandal: Petrodollars

In this week’s Oilgram News column, Petrodollars, Robert Perkins looks at what the future of diesel for automobiles in Europe and beyond could be in the wake of a scandal that caused many to question whether gasoline has an opening to grab more fuel market share.

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On the road again: Why one of the US’ largest oil producers saw car traffic drop

What will get North Dakota drivers back on the road?

On Monday, the US Department of Transportation released its July 2015 Traffic Volume Trends, showing every state posting a year-over-year increase in vehicle miles traveled – except for one.

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US Atlantic Coast crucial stronghold for rail and crude

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.

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Russia’s oil industry woes also from within: Petrodollars

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.

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China’s teapot refiners are not all hot steam

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.

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Upstream oil execs agree: Low, long and living within means

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.

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Producers breathe new life into Alaska’s Prudhoe Bay: At the Wellhead

In this week’s Oilgram News column, At the Wellhead, Tim Bradner looks at how new technologies are helping producers at Alaska’s Prudhoe Bay to improve production and drilling techniques and to boost ultimate expected recovery rates.

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Has US shale rendered spare capacity irrelevant? At the Wellhead

In this week’s Oilgram News column, At the Wellhead, Herman Wang  looks at how the resilience of shale and the proliferation of US oil production has pushed the US into a new role as the world’s swing producer.

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Music to OPEC’s ears: IEA sees cartel’s oil strategy as having ‘intended effect’

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.

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