Ford and GM can rest easy: Tesla’s cybertruck may have a niche after all, but it won’t cut into Ford and GMs truck market, according to a new survey from automotive research site, Autolist. According to the survey, which polled 1,100 respondents, if they had to buy GM’s upcoming electric truck, Ford’s electric F150, Rivian R1T, or the Cybertruck, which ...
Source: Oilprice.com
Var Energi has confirmed that its acquisition of ExxonMobil's upstream business in Norway has completed.
Source: Rigzone Original News & Analysis
Saudi Aramco jumped for a second day, pushing the oil giant's value beyond the $2 trillion mark.
Source: Rigzone.com: Latest News Headlines
A massive work of infrastructure has just been brought online, and its geopolitical implications are explosive. Last week, the presidents of Russia and China jointly inaugurated one of the biggest pieces of gas infrastructure in the world. The “Power of Siberia” pipeline is sending gas from eastern Siberia over 3,000 kilometers of tundra to northern China; and when ...
Source: Oilprice.com
We want to you who YOU think the Person of the Year should be!
The post Who is YOUR Person of the Year? appeared first on FrackFeed.
TORONTO, Dec. 11, 2019 /CNW/ – TerraVest Industries Inc., (TSX: TVK) (“TerraVest” or the “Company”) announces its results for the fourth quarter and year ended September 30, 2019. FOURTH QUARTER AND YEAR END REVIEW AND OUTLOOK Business Performance Management believes that there are certain non‐IFRS financial measures that can be used to assist shareholders in analyzing the performance
[Read more]Source: BOE Report
This article first appeared on Transport Topics
The U.S. Department of Transportation has announced that it will provide a loan for up to $502.9 million for infrastructure projects along Interstate 64 in southeastern Virginia.
Read More Source: Transport Topics
A Ghana-based private company and its local partners have discovered 1.5 billion barrels of oil in place offshore the West African country, the company Springfield E&P said on Wednesday. Springfield and its partners Ghana National Petroleum Corporation (GNPC) and GNPC EXPLORCO also found 700 billion cubic feet of gas in the West Cape Three Points (WCTP) Block 2 they ...
Source: Oilprice.com
OPEC’s crude oil production declined by 193,000 bpd in November from October, as the cartel’s leader Saudi Arabia cut production ahead of the OPEC+ meeting, Iraq tried to fall in line with its quota, and Iran further suffered from the U.S. sanctions. OPEC’s crude oil production averaged 29.55 million bpd in November, the cartel said in its ...
Source: Oilprice.com
SAN ANTONIO, TX – EPIC Crude Holdings, LP is pleased to announce that one of its subsidiaries has loaded and launched the first shipment of crude oil from the IGC marine terminal located on the Inner Harbor of the Corpus Christi Ship Channel. The IGC terminal, formerly the International Grain Port Terminal, was repurposed by EPIC beginning in June 2019…
Lithium-ion battery recycling is a big topic in energy right now. Recycling lithium itself, the element that makes these batteries what they are, has not garnered so much attention because of the tiny amounts that are used in each battery. Now, this may be about to change. Lithium is the component that makes batteries rechargeable, that makes them more energy ...
Source: Oilprice.com
The head of Russia’s largest oil firm, Rosneft, has pitched a massive Arctic oil project to Japanese companies in Tokyo, looking for foreign investment into the project estimated to cost as much as US$157 billion, Reuters reported on Wednesday, quoting three sources familiar with the meetings. Rosneft’s chief executive Igor Sechin has met with representatives from Mitsubishi Corporation, Mitsui & ...
Source: Oilprice.com
This article first appeared on Transport Topics
European Union trade chief Phil Hogan on Dec. 12 will seek an upgrade to EU legislation on enforcing international commercial rules.
Read More Source: Transport Topics
This article first appeared on Transport Topics
Battered by trade wars, global demand for air cargo decreased by 3.5% in October compared to the same month in 2018, according to a Dec. 4 report by the International Air Transport Association of Geneva.
Read More Source: Transport Topics