Canada faces an escalating threat…
Javier Blas analyzes the impact…
The Bone Spring formation has been one of the most prolific shale plays in the Permian in recent years and continues to drive production growth The Bone…
The Energy Information Administration reported today a crude oil inventory draw of 4.9 million barrels for the week to November 29, after a 1.6-million-barrel increase reported for the…
The huge Johan Sverdrup oilfield in Norway’s North Sea is already producing 350,000 barrels of oil per day, two months after coming on stream, a senior executive at Equinor, the…
Next year is expected to be a turnaround for oil demand in India, according to a new study by S&P Global Platts Analytics. With weakened demand caused by an economic slowdown,…
Barring additional oil production cuts by OPEC in 2020, Rystad Energy forecasts a substantial build of global crude stocks and a corresponding drop in oil prices. A…
Oil prices fell sharply on Friday on rumors that OPEC would decline to deepen the production cuts, but the rumor mill continues to churn. Over the weekend, Iraq’s oil…
You may think (or hope) that in your daily life you don’t need to worry about unknowingly eating or otherwise ingesting crude oil or any of its many, many petrochemical…
This is a guest post by Ovi here. All of the oil production data for the states comes from the EIA?s Petroleum Supply Monthly. The charts below are…
Ever since the U.S. signalled through its effective withdrawal from Syria that it now has little interest in becoming involved in military actions in the Middle East, the door has…
Despite oil prices trading in a range that should have stimulated a notable improvement in consumption, the world actually consumed just 1.6 percent more oil between June and August this…
The energy industry is based on what was once thought of as an inexhaustible natural resource, but over-exploitation and a growing reliance on oil has made extraction more and more…
Airstrikes have once again disrupted production of Libya’s El Feel oilfield on Wednesday, after the eastern-based Libyan National Army, led by Khalifa Haftar, retaliated after forces loyal to the…
Oil prices inched higher on Tuesday morning as OPEC-driven optimism returned to markets with the cartel announcing the date of its December meeting
Strong oil supply growth from non-OPEC countries puts a lot of pressure on OPEC and its Russia-led partners to act, and they will hopefully make the right decision for themselves…
The central Iraqi government said it had reached an agreement “in principle” with the government of semi-autonomous Kurdistan on the terms of sharing the oil production of the northern Iraqi…
Despite the buildup of U.S. military presence in the Persian Gulf, Iran may “attack again,” the chief of the U.S. Central Command, General Kenneth McKenzie told Foreign Policy in an…
The world’s biggest oil exporter, Saudi Arabia, saw its crude oil sales to the world’s top oil importer, China, surge by 76 percent year on year in October, driven…
Energy stocks have had an up and down year. But one segment of the energy sector has been unfairly punished in my opinion, even though it has been financially healthier…
If it weren’t for the discovery of crude oil, whales would have been hunted to extinction for blubber. We’ve all heard the argument, and it makes sense from this perspective:…
The US oil and gas rig count continued to fall this week, according to Baker Hughes, falling another 3 rigs for the week, according to Baker Hughes. For oil rigs,…