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Energy

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Biggest Gasoline Glut In 27 Years Could Crash Oil Markets

Feb 20, 2017 at 16:02 | Nick Cunningham

Oil prices are stuck in a holding pattern, waiting for more definitive data on what comes next. OPEC compliance is helping keep prices afloat, but rising U.S. oil production is…

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Can Canada’s ‘Gas City' Replicate Qatar’s Success?

Feb 20, 2017 at 15:39 | Tsvetana Paraskova

In 1883, a railroad crew was drilling for water near Medicine Hat, Alberta, to supply their steam engines. Instead of water, they discovered shallow pools of natural gas. More than…

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Did The Bakken Fall Too Far Too Fast?

Feb 20, 2017 at 15:24 | Gregory Brew

While the Permian field has enjoyed a continued boom, with a rising rig count and an increase in investment activity, other U.S. onshore shale and tight oil fields haven’t been…

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Norway Doubles Down On Arctic Oil

Feb 20, 2017 at 15:23 | Irina Slav

While Canada and the U.S. ban Arctic drilling for oil and gas motivated by environmental concerns, and majors such as Shell pull out of their Arctic projects due to financial…

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Who Will Win The Race In Russia’s Emerging Oil Frontier?

Feb 20, 2017 at 13:59 | Viktor Katona

Russia’s gradual pivot to the Asia-Pacific region put a new spin on the nation’s exploration & development priorities. The Irkutsk region is emerging as one of the leading new hubs…

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Oil Gains On Prospect Of OPEC Deal Extension

Feb 20, 2017 at 11:27 | Matt Smith

U.S. markets are closed today in observation of Presidents Day, but crude prices are still trucking on higher in thin electronic trading. Fun and games have been deferred until later…

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Middle East Oil & Gas Investment Surges To $294 Billion

Feb 20, 2017 at 10:18 | Tsvetana Paraskova

Although global oversupply concerns continue to depress crude prices, producers in the Middle East and North Africa (MENA) region have invested around US$294 billion in oil, gas and petrochemicals projects…

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This Oil Nation Aims To Colonize Mars

Feb 17, 2017 at 17:46 | Irina Slav

The UAE may not be the first country that comes to mind when one thinks of space exploration, but it has big plans to colonize mars, and it’s got the…

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Is Big Oil Underestimating Autonomous Vehicles?

Feb 17, 2017 at 17:44 | Nick Cunningham

Companies like Tesla, Uber and Google have sparked a lot of interest in the roll out of autonomous vehicles (AVs), or driverless cars, and while it is still early days,…

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Russia Gains Upper Hand In Asian Oil War

Feb 17, 2017 at 17:39 | Tsvetana Paraskova

The Saudi-led OPEC cuts may have supported oil prices and reduced market volatility, but they have also opened the door wide to rival crude grades flowing into the most prized…

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