Analysis of 2,222 oil fields suggests if Brent falls to $40 a barrel 1.6% of global oil supply could be cash negative

As oil prices move ever lower, Wood Mackenzie has assessed at what price the operating cash flow from producing oil fields turns negative. Negative operating cash flow can be an immediate brake

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India's net oil imports to decline to $85bn in FY15: ICRA

Global crude oil prices have declined by ~ 55% from US$ 112/bbl (Brent) in June 2014 to US$ ~50/bbl now primarily due to significant increase in supply with US crude oil production

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U.S. Natural Gas Production in December Averages 72.8 Bcf/d, Achieves New Record: Platts Bentek Energy

Natural gas production in the lower 48 United States increased by 2.2 billion cubic feet per day (Bcf/d) during the month of December, according to Platts oil and gas analytics unit Bentek

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Canada: Ultra low sulphur fuel

The updated MARPOL Annex VI Regulations with respect to maximum sulphur content in marine fuels for designated Emission Control Areas (ECAs) have now come in to force. A lot of focus has

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Groundbreaking partnership signals the adoption of LNG as ECA-compliant marine fuel in the United States

WesPac Midstream LLC (WesPac) and Pivotal LNG, Inc. (Pivotal LNG), a wholly owned subsidiary of AGL Resources Inc. (NYSE: GAS), today announced they have signed a long-term agreement with TOTE, Inc. (TOTE)

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