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Opinion: Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry

Green Car Congress

Nick Cunningham is a Vermont-based writer on energy and environmental issues. Article Source: [link]. In its November report, OPEC reported that the Urals discount to Brent “almost tripled in October amid plentiful supplies, sagging refinery margins and wide availability of alternative grades from the Middle East.”.

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Why Wall Street is throwing billions at the Permian

Green Car Congress

Discussing his company’s plans for the region, Concho’s CEO Tim Leach said that the Permian has some of “the hottest zip codes in the industry.” 8 article , QEP Resources paid $60,000 an acre to an undisclosed owner in June. Nick Cunningham is a Vermont-based writer on energy and environmental issues. billion for Permian assets.

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

But with the crash in prices since mid-2014, the effect of the regulation has reversed: motorists are now effectively subsidizing the oil industry. The higher prices they pay offer a huge lifeline for the oil industry. But it may help Argentina’s shale industry keep their momentum going. Article Source: [link].

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$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

Green Car Congress

To put things in perspective, Rystad says that the oil industry “ needs to replace 34 billion barrels of crude every year—equal to current consumption. ” But as a result of the collapse in prices, the industry has slashed spending across the board and “ investment decisions for only 8 billion barrels were made in 2015.

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Day Of Reckoning For US Shale Will Have To Wait

Green Car Congress

October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebound. Nick Cunningham is a Vermont-based writer on energy and environmental issues. Article Source: [link].

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Paige's AI Diagnostic Tech is Revolutionizing Cancer Diagnosis

Cars That Think

But his desire to understand how the human brain works led him to switch from physics to electrical engineering and ultimately to pursue signal processing at the University of Vermont. People often say you're either in research or in industry, selling out," he says. "I Work that's changing the world is happening in industry.".

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How To Find EV Charging Stations With the EV Connect Driver

EV Connect

While the country as a whole has roughly 37 ports per 100,000 people (half that of the European Union), the bulk of those are in California and Vermont, with much of the rest of the country sitting closer to 10 per person. This article is a little different from our others. Download the app today to try it for yourself.

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