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Energy / Crude Oil

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China’s Oil Majors Are Burning Through Oil Reserves

Aug 25, 2016 at 11:00 | Charles Kennedy

China’s state-owned oil companies have been beaten down by low oil prices and stagnant demand at home. PetroChina and Cnooc reported dismal earnings this week, and offered…

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Why Oil Investors Should Look Beyond The OPEC Meeting

Aug 25, 2016 at 09:41 | Todd Royal

The recent rally had investors of all sizes ecstatic at the prospect of oil rising when in reality it had more to do with short seller contracts coming…

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Iraq Needs Oil Companies to Drill More, But Can it Pay?

Aug 24, 2016 at 17:25 | Nick Cunningham

The Iraqi government is asking international oil companies operating in the country to continue to produce oil, but to get used to lower oil prices. Iraq’s oil minister…

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Is Doomsday Inevitable For Venezuela?

Aug 24, 2016 at 16:56 | Luis Colasante

Venezuela is facing the worst economic and humanitarian crisis in its history. Venezuela has been hit by the 24 months collapse in oil prices. Its economy is expected…

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Battle For Crude Market Share In China Heats Up Again

Aug 24, 2016 at 10:59 | Matt Smith

Oil prices are looking lower, facing headwinds of a stronger dollar and a bearish oil inventory report. Hark, here are six things to consider in oil markets today:…

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Why Arctic Oil Is Crucial For Russia’s Future

Aug 23, 2016 at 15:49 | Irina Slav

The Arctic – a cold wasteland that has shattered the expansion dreams of many an oil company by proving to be too difficult and too expensive to tackle.…

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The U.S. Basins To Bet On In The Future

Aug 23, 2016 at 14:58 | Oil & Gas 360

Permian, Marcellus Lead U.S., while Eagle Ford Dives Hard As cost structures are held in check and oil price fluctuations are seemingly without end, producers are evaluating acreage…

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China Plans To Slash Crude Demand By 250,000 Bpd

Aug 23, 2016 at 09:22 | Irina Slav

China is determined to rid itself of its image as one of the world’s greatest polluters, and is serious about curbing oil production—even if only for a few…

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Independent Refiners Face Existential Threat

Aug 21, 2016 at 14:58 | Michael McDonald

Carl Icahn is sounding the alarm about a rising threat that he believes could bankrupt independent refiners en masse. Icahn is concerned about the surge in government…

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These Oil Majors Will Bid In Mexico’s $44B Offshore Tender

Aug 19, 2016 at 09:09 | Irina Slav

U.S. oil majors ExxonMobil, Chevron and Hess will bid jointly in the upcoming deepwater oil and gas tender planned by Mexico. The auction, which will take place…

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