Thursday 25 August 2016
 
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EIA

US adds most oil storage capacity in September-March: EIA

The US added 34 million barrels of crude oil storage capacity from September 2015 to March 2016, the largest expansion since the Energy Information Administration (EIA) began tracking the data in 2011, it said on Wednesday.  

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Ecosystem data focus for Muscat workshop

The benefits of sharing species data collected through environmental impact assessments (EIAs) more widely will be highlighted at a workshop taking place this week in Muscat, Oman. Entitled ‘Unlocking biodiversity data from

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EIA lowers 2015, 2016 US crude oil production forecasts

The US government lowered both its 2015 and 2016 US crude oil production forecasts as a 60-per cent rout in benchmark prices since last summer weighs on shale output.   In its short term energy outlook, the US En

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EIA slightly raises 2015 and 2016 oil production forecasts

The US government modestly raised its 2015 and 2016 US crude oil production forecasts while lowering its price outlook.   In its short term energy outlook, the US Energy Information Administration (EIA) raised it

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Oil extends gains as Yemen bombing continues

Oil prices extended gains on Thursday as renewed fighting in Yemen brought focus back on potential supply disruptions in the Middle East. Saudi-led coalition warplanes continued bombing Yemen on Wednesday despite an announcement b

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US crude oil output to soar despite price rout

US crude oil production will peak at 10.6 million barrels per day in 2020, a million barrels more than the high forecast a year earlier, undeterred by the worst price rout since the financial crisis, a report said. The US governme

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Shale oil to dominate Opec-Russia June talks

Russia has said that it would meet Opec in June to discuss the impact of shale oil on global markets, just days before the producers' group decides whether its policy of high production is sufficient to stifle the US energy boom.

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Shale oil to dominate Opec-Russia June talks

Russia has said that it would meet Opec in June to discuss the impact of shale oil on global markets, just days before the producers' group decides whether its policy of high production is sufficient to stifle the US energy boom.

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EIA raises 2015 US oil production forecast

The US Energy Information Administration revised upward its 2015 domestic oil production outlook, but lowered its 2016 forecast because it expects the slump in global prices to weigh on the country's shale boom next year. Expe

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EIA raises 2015 US oil production forecast

The US Energy Information Administration revised upward its 2015 domestic oil production outlook, but lowered its 2016 forecast because it expects the slump in global prices to weigh on the country's shale boom next year. Expe

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