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Energy / Energy-General

How 'Smart Water' Could Revolutionize Shale

Mar 19, 2020 at 12:46 | Alex Kimani

Conventional wisdom dictates that water and oil do not mix--at least for those of us who are not MIT engineers. But a new…

How Chevron Could Win Big On “The Worst Oil Deal Ever”

Mar 19, 2020 at 11:09 | Robert Rapier

Last week someone commented to me that Chevron could now buy Occidental Petroleum cheaper than it offered to acquire Anadarko. There is an element of truth to the statement, but…

Oil Could Crash To $10 As World Runs Out Of Storage

Mar 19, 2020 at 10:24 | Irina Slav

The growing supply glut in oil markets could end up filling all storage tanks worldwide, potentially causing prices to drop even further Global oil storage could overflow in the coming…

April Could Be Worst Month Ever For Oil

Mar 18, 2020 at 18:24 | Nick Cunningham

Oil producers are facing their worst crisis in history, but the market is not at a bottom yet, according to several analysts. The millions of barrels of additional supply promised…

Russia Needs Higher Oil Prices, But Won't Surrender

Mar 18, 2020 at 16:48 | Tom Kool

With WTI crude seeing its third-worst trading day on record, Russia is beginning to feel the squeeze as it sees its oil and gas income tumble while it…

Russia Sees Oil & Gas Income Fall By Almost $40 Billion

Mar 18, 2020 at 13:14 | Tsvetana Paraskova

Russia’s revenues from oil and gas will be US$39.5 billion (3 trillion rubles) lower than planned, due to the tumbling oil prices, Russian Finance Minister Anton Siluanov said on…

Dow Jones Erases All Gains Under Trump, Drops Below 20,000

Mar 18, 2020 at 12:01 | Michael Kern

The markets can’t seem to catch a break, with the Dow dropping below 20,000 points for the first time since 2017 as the coronavirus crisis continues to fuel…

Coronavirus Is Wiping Out Billions In Clean Energy Investments

Mar 18, 2020 at 11:32 | Alex Kimani

Deep in the throes of a deadly pandemic, nations everywhere are grappling with the grim reality of a global community on lockdown. Travel bans and…

Coronavirus Could Bankrupt 20% Of European Oilfield Services

Mar 18, 2020 at 10:55 | Tsvetana Paraskova

More than 200 small- and medium-sized oilfield services operators in Europe, or 20 percent of all European oilfield services firm, could go bust as the coronavirus epidemic will hit the…

Iraq Desperate For OPEC Action As Oil Prices Crash

Mar 18, 2020 at 10:46 | Irina Slav

The Iraqi Oil Minister, Thamer al-Ghadhban, has asked OPEC’s head, Mohammed Barkindo to call an extraordinary meeting of OPEC+ to “discuss all possible ways” to reverse the oil…

Can Big Oil Still Fund Its Renewable Energy Push?

Mar 17, 2020 at 15:32 | Tsvetana Paraskova

Big Oil had just announced overhauled long-term strategies to soothe investor concerns about climate change and become part of the solution in the energy transition—and then came the big oil…

The Oil Price Collapse Is Far From Over

Mar 17, 2020 at 14:24 | Josh Owens

Oil prices fell on Monday, continuing to slide after taking major losses last week.  (Click to enlarge)…

Oil Plunges As Saudis Boost Exports To Record High

Mar 17, 2020 at 13:59 | Tom Kool

After having instructed Aramco to boost production to unseen levels, Saudi Arabia now plans to boost oil exports in May to a record 10 million barrels per day, causing oil…

How Coronavirus Is Saving Lives

Mar 17, 2020 at 12:55 | Haley Zaremba

While the headlines for the last few weeks have been a lot of COVID-19 related doom and gloom, one study has really stood out. It turns out that there is…

Why The Oil Price Crash Won't Save Airlines

Mar 17, 2020 at 10:18 | Alex Kimani

Under any other circumstances, air carriers would be happily popping champagne corks after the latest massive oil price slump. After all, fuel typically accounts for up to 20% of an…

Morgan Stanley Slashes Brent Oil Forecast To $30

Mar 17, 2020 at 10:04 | Irina Slav

Morgan Stanley further cut its oil price forecast, now expecting Brent crude to average $30 a barrel during the second quarter, from $35 a barrel earlier. Reuters quoted the…

The Most Destructive Oil Price Crash In History?

Mar 16, 2020 at 14:23 | Tom Kool

As markets brace for yet another week of total liquidation (even gold fell below $1500), oil drillers are preparing for the worst. Last time crude traded this low, back in…

Is $10 Oil On The Horizon?

Mar 16, 2020 at 12:33 | Andreas De Vries

According to a number of cognitive scientists, mankind uses its unique ability to reason primarily for justifying pre-held convictions, rather than for forming convictions. It is of…

Supertanker Rates Soar 678% As Saudi Arabia Floods The Oil Market

Mar 16, 2020 at 12:00 | Tsvetana Paraskova

As Saudi Arabia and Russia began an all-out oil price war for market share, the shipping industry is going through a supertanker run and charter rates for very large crude…

Saudi Arabia’s Oil War Could Bankrupt The Kingdom

Mar 13, 2020 at 18:27 | Simon Watkins

Those with a functioning memory may have thought that last week’s decision by Saudi Arabia to maximise oil production to crash oil prices and bankrupt U.S. shale…

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