Environmentalists Sue To Keep A Coal Mine From Building Temporary Roads

Environmental groups are suing the Trump administration to stop a coal mine expansion into Colorado’s Gunnison National Forest to recover 17 million tons of coal on 1,720 acres, less than 3 square miles. “The Trump administration’s dangerous decision will harm public health and destroy some of Colorado’s most pristine forests,” Center for Biological Diversity attorney [Read More…]

Source: BOE Report

GM offers a sneak peek at new Chevy truck, loaded with profits

General Motors Co offered a sneak peek on Saturday of the next generation Chevrolet Silverado pickup, designed to haul big payloads of profits for the automaker when it launches next year. The current Silverado is GM's best selling vehicle in North America, with sales of more than 500,000 vehicles last year. Analysts and company executives [Read More…]

Source: BOE Report

GOP’s Move To Preserve Green Energy Credits Comes At High Price For Enviros

A Republican-led tax bill that includes a bevy of green energy tax credits also preserve a highly controversial proposal allowing oil producers to drill in Alaska’s Arctic wildlife refuge. House and Senate negotiators hashed out an agreement giving oil producers the okay to begin drilling in Alaska’s Arctic National Wildlife Refuge. They also preserved many [Read More…]

Source: BOE Report

The Crude Life Interview: Hedrington Explains Air Quality, Government Red Tape and the Cleanest Refinery on the Planet

Interview:  Dan Hedrington, SEH During the interview, host Jason Spiess and Hedrington discuss the next steps for the Davis Refinery, the Bakken communities and the state of North Dakota. In addition, the two talk about how the project took a little longer than projected, how the EPA was folded into the project and how the state...

The post The Crude Life ...

The Trillion Dollar Industry That Boosts Oil Consumption

Rapid growth in mobility services like Uber and Didi Chuxing, combined with autonomous and electrified vehicles, will cause a seismic shift in the automotive and energy sectors over the next couple of decades. A new study by global research firm IHS Markit states that mobility services popularized by Uber and Lyft will create a trillion dollar industry by 2040. The ...

Source: Oilprice.com

This OPEC Member Aims To Boost Oil Output By 40%

A new expansion drive will see Kuwait invest $120bn in hydrocarbons projects through to 2030, with the aim of boosting both upstream and downstream production capacity ahead of an anticipated rise in energy demand. Speaking at an industry conference in mid-October, Nizar Al Adsani, CEO and deputy chairman of the board at the state-owned Kuwait Petroleum Corporation (KPC), announced plans to ...

Source: Oilprice.com

Here’s What You Won’t Hear About Claims That Fracking Is Hurting Babies

A study released Tuesday suggests mothers who live next to fracking wells in Pennsylvania have children who experience a variety of negative health effects, but the report does not tell the entire story. Children born to mothers who live one kilometer from an active fracking well are 25 percent more likely to have low birth [Read More…]

Source: BOE Report

U.S. Solar Nearly Doubles Output In 2017

The EIA released the latest edition of their Electric Power Monthly on December 1st, with data for September 2017. The table above shows the percentage contribution of the main fuel sources to two decimal places for the last two months and the year to date. (Click to enlarge)According to the Electricity Monthly Update at the EIA web site: Net generation in the United States ...

Source: Oilprice.com

Tax on pot, cleaner fuel and sexual assault: how politics mattered this week

OTTAWA – Parliament Hill’s busiest social week of the year started with Liberals basking in byelection victories and culminated in a celebration of the Supreme Court’s chief justice, who is retiring after almost three decades at the high court. Hundreds of lawyers, three prime ministers — current and former — and a Who’s Who of [Read More…]

Source: BOE Report

Iraq Begins To Rebuild Largest Refinery

Iraq began to rebuild its largest oil refinery this week, jumpstarting an effort to reconstruct the country after a three-year war with the terroristic Islamic State, an announcement from the oil ministry said.  The Baiji complex should produce 70,000 barrels of oil per day upon completion, ministry spokesman Assem Jihad told reporters on Thursday. The facility, originally constructed in ...

Source: Oilprice.com

Iraq Begins To Rebuild Largest Refinery

Iraq began to rebuild its largest oil refinery this week, jumpstarting an effort to reconstruct the country after a three-year war with the terroristic Islamic State, an announcement from the oil ministry said.  The Baiji complex should produce 70,000 barrels of oil per day upon completion, ministry spokesman Assem Jihad told reporters on Thursday. The facility, originally constructed in ...

Source: Oilprice.com

Iraq Begins To Rebuild Largest Refinery

Iraq began to rebuild its largest oil refinery this week, jumpstarting an effort to reconstruct the country after a three-year war with the terroristic Islamic State, an announcement from the oil ministry said.  The Baiji complex should produce 70,000 barrels of oil per day upon completion, ministry spokesman Assem Jihad told reporters on Thursday. The facility, originally constructed in ...

Source: Oilprice.com

Definers Public Affairs, Group Known for Stalking And Harassing Climate Advocates, Hired By EPA To Run Media War Room

Joe Pounder, president of Definers Corp.

A Republican-aligned research group with links to a campaign to stalk and intimidate environmental groups, journalists and campaigners has been handed a $120,000 contract to help the EPA shape its media coverage.

Virginia-based Definers Public Affairs was given the 12-month “no bid” contract to provide “news analysis and brief service” to the EPA, as reported by Mother Jones.

Definers is ...

Source: DeSmogBlog

Kayne Anderson Energy Total Return Fund Announces Distribution of $0.25 per Share for Q4 2017

HOUSTON, Dec. 15, 2017 (GLOBE NEWSWIRE) — Kayne Anderson Energy Total Return Fund, Inc. (the “Fund”) (NYSE:KYE) announced today its quarterly distribution of $0.25 per share for the quarter ended November 30, 2017. The distribution will be payable on January 12, 2018 to common stockholders of record on December 29, 2017, with an ex-dividend date [Read More…]

Source: BOE Report

Canadian Producers Struggle To Find Transport Oil Cargo

Oil producers in Canada are having trouble finding rail space for their commodity due to a pipeline shutdown that caused a backup in Alberta tank farms. “It’s hard for the railroads to change their operating plan really quickly,” Steve Owens, rail analyst at IHS Markit, said in a phone interview with World Oil. “There are equipment constraints and crew constraints....

Source: Oilprice.com

Brent Soars As Canadian Crude Crashes

Friday December 15, 2017 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy sector. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers. Let’s take a look. 1. Forties outage blows open Brent-WTI spread ...

Source: Oilprice.com

Global Energy Advisory December 15, 2017

Brent crude prices got a major boost this week after the operator of the largest oil pipeline network in the North Sea announced it would shut it down for three weeks after the discovery of a hairline fracture. Ineos, an independent oil and gas producer that acquired the infrastructure from BP earlier this year for $250 million, said on Thursday ...

Source: Oilprice.com

Are Markets Turning Bearish On Crude?

Volatility dominated the crude oil futures markets this week as traders were hit with both potentially bullish and potentially bearish news. Traders reacted according, first driving prices higher than lower. The price action suggests that this week’s close will determine the near-term direction of the market. The week started with Brent crude oil futures spiking to its highest level in ...

Source: Oilprice.com

Canadian Producers Struggle To Find Transport Oil Cargo

Oil producers in Canada are having trouble finding rail space for their commodity due to a pipeline shutdown that caused a backup in Alberta tank farms. “It’s hard for the railroads to change their operating plan really quickly,” Steve Owens, rail analyst at IHS Markit, said in a phone interview with World Oil. “There are equipment constraints and crew constraints....

Source: Oilprice.com