Shale

Peru’s light sweet crude has window of opportunity in international market

Peru’s state refiner Petroperu is looking at the possible export of a light, sweet crude next year that could be ideal for refiners seeking to meet International Maritime Organization’s 2020 bunker fuel regulation. A drastic reduction in sulfur levels of bunker fuels, from 3.5% to 0.5% effectiv ...

China Steals Fed’s Thunder With New Round of Tariffs

The US dollar is lower across the board against major pairs at the end of a volatile Friday. The speech by Fed chair Jerome Powell at Jackson Hole was the main event in the radar before China announced it was escalating its trade war with the US. The dollar was on the back foot, even though the Fed ...

Small-scale LNG projects make market inroads in US

Large-scale LNG liquefaction and export facilities are helping to write the demand story for US natural gas reserves. But there is a newer demand factor for that gas: small-scale facilities sending LNG to otherwise little-tapped markets and finding new applications for the fuel. Small LNG plants, u ...

Oil and Water: Better Monitoring Needed to Protect Groundwater Quality

When it comes to groundwater quality, fracking receives much of the public attention but misses most of the picture, according to hydrogeologists Jennifer McIntosh from the University of Arizona and Grant Ferguson from the University of Saskatchewan (USask). “There’s a critical need for long-te ...

Existing North American oil pipelines boost capacity as new projects drag on

Canada’s three major options for new oil pipeline capacity continue to face delays and court challenges, but existing North American pipelines are finding ways to move more barrels to refiners and export docks on the US Gulf Coast. Midstream companies’ second-quarter earnings cycle revealed a w ...

Saudi oil policy adrift despite Aramco’s eye-watering earnings

Saudi Arabia has no easy answer to falling oil prices. The kingdom could provoke an international backlash by slashing exports, or open a new war with US shale producers by flooding the market with cheap crude. The former risks the ire of President Donald Trump, but the latter would shatter the fra ...

Commodity Tracker: 5 charts to watch this week

Economic indicators spell potential trouble for oil demand, while US gas producers and exporters are feeling the pressure from oversupply on both the domestic and global markets, S&P Global Platts editors explain in our weekly selection of big commodities trends to watch. 1. US treasury yield curv ...

An Interview with Entrepreneur Pat Carlson

This week we interview Pat Carlson CEO of Kiwetinohk Resources Corp. Pat has founded a number of successful Western Canadian entrepreneurial companies including; Passage Energy, Krang Energy, North American Oil Sands and Seven Generations. Pat had foresight by entering the oil sands and shale gas d ...

Oil Higher on Lower Inventory Expectations Despite Less Supply Disruption Risks

Oil prices steadied on Tuesday as a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from shale oil countered tensions in the Middle East. ncertainty about China’s economic prospects also pressured prices after data on Monday showed that growth in the ...

Oil pipelines not Royal Navy warships will solve Hormuz Iran threat

Deploying more of the Royal Navy to protect oil tankers from Iranian attack as they sail through the Strait of Hormuz is a short-term fix to a historic problem of providing energy security in the Persian Gulf. Instead of Britain adding to the crowded fleet of warships converging on the region, new ...