Archives for 2016
Oil heads to best week since April
Oil headed for its strongest weekly increase in four months after entering a bull market amid speculation that major producers may act to freeze output as U.S. crude and fuel stockpiles decline. Futures were little...
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Exxon Mobil: New plastics technology may dramatically reduce emissions
The new system, which is still in the developmental stages, use more nanotechnology to separate molecules and less energy-intensive heating processes. Exxon said the technology is 50 times more energy efficient and could reduce carbon...
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Market Currents: Qatar economy rises as oil exports fall
Another day, another dollar (rally in oil prices). The tag-team of dollar weakness and production freeze hopes combine again to rally crude prices higher for yet another day. Hark, here are five things to consider...
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Sabal Trail natural gas pipeline faces lawsuit over environmental concerns
Environmental groups have filed a federal lawsuit to stop a 516-miles natural gas pipeline project that would travel through three Southeastern states. Groups including the Sierra Club filed the lawsuit Wednesday in the 11th U.S....
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Saudi Arabia’s oil exports at 3-month high as output climbs
Saudi Arabia, the world’s biggest crude exporter, boosted shipments to a three-month high in June as production headed for an all-time high. Exports climbed to 7.5 million barrels a day in June, the highest since...
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