Ken Shriber

19 Added | 2 Magazines | 6 Followers | @PetroleumEquity | Keep up with Ken Shriber on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Ken Shriber”

Oil Slips with Saudis Ready to Up Production

Oil fell for the second straight day on Friday, with investors taking more profits from the week's gains after Saudi Arabia's readiness to raise production to record highs reignited worries about oversupply.<p>Gasoline also fell, retreating from seven-month highs. Even so, the fuel had one of the …

Oil

In San Diego and Elsewhere, Cleaner Driving and Cleaner Air within Sight

Recently, Politico announced what we at Sierra Club have long known: across the country, King Coal is on the ropes. In a long-form piece detailing the Sierra Club's Beyond Coal Campaign strategy and history of success, the numbers spoke for themselves. Sierra Club and our allies have, through …

How oil flows in and out of every major region around the world

Every major economy around the world is fueled by oil. But most of them don't produce the oil they use.<p>In its new "Statistical Review of World Energy" report, BP included a map tracking oil trade flows around the world.<p>The Middle East leads the board in crude exports with 850.1 million tonnes …

Oil

Chef Point Cafe, Dining Out at a Gourmet Gas Station

Home » North America » USA » Dining Out at a Gourmet Gas Station<p>When I was growing up, my grandparents owned a gas station in rural Arkansas. Not …

G7 world leaders say fossil fuels will be phased out by the end of this century

Can you imagine the automobile running on anything else but <b>fossil fuel</b>? Despite the emergence of vehicles that are fueled by alternative sources such …

Elon Musk addresses criticism, says Tesla Powerwall home battery getting power boost

Tesla CEO Elon Musk said his company is doubling the power output of its new home battery system while it tries to settle some confusion about the use of the system.<p>Tesla is responding to criticism of its Powerwall home battery system after it was announced on April 30.<p>“We did get obviously a fair …

Tesla

13 Hackers Allegedly Skimmed Millions Via Gas Stations

Thirteen suspects have been indicted in New York on a gas station skimming scheme that netted them more than $2 million, according to court documents.<p>…

SHELL SHOCKER: Oil Behemoth Warns Profits Will Miss Expectations By $1 Billion

The sharp cut in forecasts for earnings on a current cost of supplies basis (CCS), excluding identified items, to $2.9 billion from market expectations of about $4 billion, is the first major move by new Chief Executive Ben van Beurden, who took over at the start of the year.<p>Shell also missed …

Markets

How the oil boom could change U.S. foreign policy

The United States is suddenly awash in crude oil. From 2008 to 2013, domestic oil production rose by 2.5 million barrels per day — the biggest five-year increase in the country's history. Last year, U.S. produced more oil than it imported for the first time since 1995.<p>So what does that mean for the …

GE Buys Cameron Unit for $550M, Expands Downstream Business

General Electric (GE) agreed to buy a high-speed gas processing unit from oilfield equipment maker Cameron International (CAM) for $550 million on Monday as the conglomerate works to build its downstream operations.<p>The deal includes Houston-based Cameron’s suite of higher horsepower, high-speed …

Exxon's 4Q Profit Slips 16% on Lower Oil, Gas Output

<i>By Ernest Scheyder</i><p>Exxon Mobil, the world's largest publicly traded oil company by market value, posted lower-than-expected quarterly profit Thursday …

Obama's options on Keystone

Friday’s much anticipated State Department report on the Keystone XL pipeline is a body blow to environmentalists but does nothing to change President Barack Obama’s two eventual choices and the fact that either one will be unpopular.<p>Approve Keystone and he angers his liberal base — and donors. …

BP profits fall on lower refining margins and disposals

Oil giant lifts dividend as 22pc fall in full-year profits is marginally ahead of expectations<p>Weaker refining margins, higher exploration costs and ongoing disposals to fund an increasing bill for 2010’s Gulf of Mexico oil spill bill have hit BP’s profits.<p>The oil giant said underlying replacement …

Oil