Archives for March 2018
Exxon sees "line of sight" on algae biofuels
Biofuels from algae farming has long hung as a tantalizing golden ring for the energy industry, as it seeks to adapt to climate change. Now Exxon Mobil and its partner Synthetic Genomics are saying advances...
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Halliburton's fracking fleet surges as drillers bring on production
Halliburton Co., the world’s largest fracking company, has grown its fleet of pressure pumping equipment by 700,000 horsepower over the past year, a giant growth spurt that comes as U.S. drillers pump more crude from...
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Zinke says natural gas flaring is "wasteful"
Interior Secretary Ryan Zinke said the practice of flaring natural gas from oil wells was “wasteful,” during a speech at the IHS Markit CERAWeek energy conference in Houston Tuesday. Source: FuelFix
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Aramco CEO downplays electric cars as Saudis eye growth
The chief executive of Saudi Aramco said he isn’t worried about so-called peak oil demand as the Saudi oil company eyes more international growth and a long-planned initial public offering. Source: FuelFix
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Peak oil demand, a theory with many doubters
Even as some oil companies like Royal Dutch Shell and BP predict oil demand will peak before 2040 – as electric vehicles hit the road and governments worldwide work to cut greenhouse gas emissions –...
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