What’s The Buzz?
Russia overtook Saudi Arabia as the world’s largest crude producer in December, when both countries started restricting supplies ahead of agreed cuts with other global producers to curb the worst glut in decades.
In the land where oil jobs were once a guaranteed road to security for blue-collar workers, Eustasio Velazquez’s career has been upended by technology.
A new report by the United States Department of Energy concludes that American renewable energy firms are creating more jobs than their fossil fuel counterparts.
Recent advances in technology mean the idea of creating fuel from sources as diverse as coffee and whisky is no longer science fiction.
Production fell by 1 million barrels a day to 1.2 million a day at the peak of the attacks, Emmanuel Kachikwu, minister of state for petroleum, said
Elon Musk may think hydrogen-powered vehicles are rubbish, but Toyota Motor Corp. and a cadre of Japan’s leading manufacturers are betting otherwise — and not just on cars.
Big, gas-guzzling cars are often more profitable for automakers than are cars that drive on electricity, due in large part to the persistently high costs of batteries.
Explorers look set to drill a record number of wells in Norway’s Arctic waters this year, undeterred by oil prices apparently stuck below $60 a barrel.
The last set of CAFE standards from 2022 through 2025 have not yet been finalized by the NHTSA—so they might seem like a juicy target for an executive order or changes by Elaine Chao, the new Department of Transportation head.
OPEC mostly kept its members in line during the first month of coordinated production cuts, but the cartel faces a test of its will this spring.