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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy / Energy-General

Papua New Guinea Clans Unite Against Exxon

Jan 18, 2019 at 17:26 | Irina Slav

Papuan landowners and communities in the vicinity of Exxon’s Papua New Guinea LNG project are growing increasingly disgruntled about how the company and the national government are handling royalty distribution,…

BP Bets Big On The Caspian Sea

Jan 18, 2019 at 17:16 | Eurasianet

UK oil and gas giant BP is planning to launch an ambitious two-year exploration and drilling program in Azerbaijan's sector of the Caspian Sea aimed at confirming new oil and…

Oil Prices Jump As China Seeks To End Trade War

Jan 18, 2019 at 13:52 | Tom Kool

Oil prices were relatively quiet this week, bouncing around, but closed out the week on a positive note. (Click to enlarge)

US Oil, Gas Rig Count Plummets As Oil Prices Surge

Jan 18, 2019 at 12:36 | Julianne Geiger

Baker Hughes reported a drastic reduction to the number of active oil and gas in the United States this week. The total number of active oil and gas drilling rigs…

Low Oil Prices Are Not The Only Problem For The Permian

Jan 17, 2019 at 16:51 | Nick Cunningham

While low oil prices are beginning to slow the growth of U.S. shale, in the years ahead oil and gas drilling could be curtailed by a different problem: a…

The Tech Transforming The Energy Industry

Jan 17, 2019 at 12:20 | Michael Kern

The energy sector is in the midst of a technological revolution. From blockchain and the Internet of Things to decentralized power grids, energy tech is having its day in the…

First Nations Want To Buy Stake In Trans Mountain Pipeline

Jan 17, 2019 at 11:04 | Irina Slav

A group of First Nations in Alberta in British Columbia that are involved in the oil and gas industry are mulling over buying a stake in the controversial Trans Mountain…

Oil May Never Return To The Triple-Digits

Jan 16, 2019 at 15:50 | Tsvetana Paraskova

Despite the wild ride of oil prices in 2018—in which gains earlier in the year were wiped out in massive sell-offs in the fourth quarter—energy and banking professionals expect

Oil’s Traffic Light Turns Yellow

Jan 16, 2019 at 15:32 | Editorial Dept

Oil traders saw a mixed bag this week with Brent prices treading water near the $60 mark on a mix of bearish and bullish signals. Prices have retained their 20%…

Global Intelligence Report - 16th January 2019

Jan 16, 2019 at 15:24 | Editorial Dept

Sources • Iranian energy ministry official• British geopolitical expert for major consulting house• Energy consultant operating in Iran• Western diplomat in Libya The Iran Energy Opportunity You…

Oil Stabilizes As OPEC Implements Cuts

Jan 16, 2019 at 15:24 | Editorial Dept

The oil rally of the past two weeks continues, even though in a more tempered manner, on the back of U.S. commercial crude supplies shrinking, Russia starting to implement its…

How The Transport Industry Is Shaping Oil Demand

Jan 16, 2019 at 15:24 | Ross McCracken

It has been a bad start to the year for UK car manufacturing. Iconic UK-based automaker Jaguar Land Rover (JLR) announced job cuts of up to 5,000 from its UK…

Can Mozambique Avoid The ‘Resource Curse’?

Jan 16, 2019 at 13:03 | Richard Talley

On Monday morning, Mozambican soldiers opened fire to disperse protesters calling for natural gas projects to be suspended until more pressing issues, particularly fundamentalist insurgents, are dealt with. Nonetheless,…

Russia Looks To Build ‘LNG Island’ To Supply Booming Asian Market

Jan 15, 2019 at 12:29 | Tsvetana Paraskova

While Russia’s gas giant Gazprom is working to complete the Power of Siberia gas pipeline expected to begin delivering gas to China in December 2019, another Russian company—the country’s…

OPEC Cuts Are Already Paying Off

Jan 15, 2019 at 11:26 | Tom Kool

Oil prices fell on Monday but regained ground on Tuesday. (Click to enlarge) (Click to enlarge)Chart…

The Overlooked Catalyst That Will Send Energy Demand Soaring

Jan 11, 2019 at 17:10 | Haley Zaremba

As the earth gets hotter, energy demand will increase significantly along with global temperatures. Now a team of researchers in China has determined in a recent study that by…

History Tells Us What to Expect After Big Spike In Natural Gas

Jan 11, 2019 at 17:05 | Martin Tillier

There are some things in life that I find perpetually puzzling. It eludes me why anybody cares in the slightest about any of the Kardashians, for example, and why is…

Could Oil Prices Rise By $25 Per Barrel In 2019?

Jan 11, 2019 at 17:00 | Robert Rapier

As we begin 2019, the energy markets and the stock markets are experiencing incredible volatility. Both underwent steep declines during the latter part of last year, but both are off…

Norway’s Oil Production To Fall To 30-Year Low

Jan 11, 2019 at 16:48 | Tsvetana Paraskova

Despite cost controls, increased efficiency, and higher activity offshore Norway, oil production at Western Europe’s largest oil producer fell in 2018 compared to 2017 and is further expected to drop…

What’s Holding Back Argentina’s Shale Revolution?

Jan 11, 2019 at 16:38 | Irina Slav

Vaca Muerta, the “Dead Cow” shale formation in Argentina’s west, is believed to be one of the largest shale plays globally, “the Argentine Permian”, and the play that can turn…

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