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7 Trends To Look Out For In 2019

Dec 19, 2018 at 15:22 | Editorial Dept

It is that time of the year again. Just as parents are assiduously picking the best presents for their kids, as kids are eagerly anticipating the onset of the winter…

Plastic Pollution And Oil Demand

Dec 19, 2018 at 15:17 | Ross McCracken

Plastics pollution burst into the public consciousness in 2018, and is unlikely to retreat any time soon. Policy momentum to address plastics pollution has in fact been building for some…

Oil Market Suffering Continues

Dec 19, 2018 at 15:14 | Editorial Dept

There we go again, another negative week for oil amid a generally negative market sentiment and fortifying fears that oversupply is imminent in Q1 2019. Bullish factors that include supply…

Top Trends To Watch In Renewable Energy In 2019

Dec 19, 2018 at 13:56 | Tsvetana Paraskova

This year has seen several major policy changes in renewable energy, especially in solar.   China surprised everyone in June by announcing that it would not issue approvals for…

Dark Horse In Battery Tech Could Beat Tesla

Dec 19, 2018 at 13:50 | Jon LeSage

Battery maker 24M just received funding for its SemiSolid lithium-ion battery that could have Tesla and other electric carmakers beat in energy storage and electric vehicle driving range. The…

Saudi Oil Minister: Crude Stocks Should Drop Very Soon

Dec 19, 2018 at 09:45 | Tsvetana Paraskova

A day after oil prices plummeted again amid global market sell-offs and fears of oversupply, Saudi Energy Minister Khalid al-Falih said that he expects global oil inventories to drop…

Oil Prices Rise On Small Crude Draw

Dec 19, 2018 at 09:44 | Irina Slav

Amid plunging oil prices pressured by the double weight of U.S. production and global economic growth projections, the Energy Information Administration reported a crude oil inventory draw of 500,000…

North Korean Oil Smugglers Elude U.S. Military

Dec 18, 2018 at 15:25 | Irina Slav

North Korea is still receiving crude oil shipments despite the military presence of a U.S.-led coalition deployed to ensure UN sanctions against Pyongyang are being enforced. This was revealed in…

Iran Claims It Holds The Most Oil, Gas Reserves In The World

Dec 18, 2018 at 13:49 | Tsvetana Paraskova

Despite the U.S. sanctions, Iran continues to explore and discover new oil and gas reserves and now ranks “first in terms of oil and gas reserves in the world,” Iranian…

Oil Prices Crash To 1-Year Lows

Dec 18, 2018 at 12:02 | Tom Kool

Rising global inventories are weighing on crude prices, pushing oil to one-year lows.  (Click to enlarge)

Offshore Drillers Bullish On 2019 Despite Falling Prices

Dec 18, 2018 at 11:57 | Tsvetana Paraskova

Upstream operators are set to sanction up to 50 new large oil and gas projects next year, up from 40 in 2018, with deepwater oil developments in Guyana and Brazil…

Big Oil Stocks Crash As Crude Prices Tumble

Dec 18, 2018 at 09:22 | Tsvetana Paraskova

Shares in the largest oil companies in Europe dropped to their lowest level in eight months on Tuesday, dragged down by across-the-board equity sell-offs in global markets and tumbling…

Why Iran’s Positive OPEC Spin Won’t Last

Dec 17, 2018 at 13:47 | Tim Daiss

In recent months, it’s been difficult to hear any positive statements coming from Iran’s troubled oil sector, particularly since President Trump decided in May to reinstate tough sanctions over what…

Asian LNG Demand To Quadruple By 2030

Dec 17, 2018 at 13:35 | Tsvetana Paraskova

The biggest buyers of liquefied natural gas (LNG) in Northeast Asia—which account for more than half of the world’s LNG market—could see their total uncontracted demand rising fourfold by 2030, 

Oil Industry Faces $1 Trillion Challenge

Dec 17, 2018 at 13:21 | Irina Slav

When the International Maritime Organization announced it would introduce a new, lower, sulfur emission ceiling for bunkering fuel, many in the energy industry worried that demand for high-sulfur fuel oil…

Ghana’s Energy Industry Becomes A Boon For The Economy

Dec 17, 2018 at 11:51 | Oxford Business Group

On October 15 President Nana Akufo-Addo announced the opening of the country’s first open and competitive round of bidding for energy exploration licences, with three offshore blocks being offered. Previously,…

2019 Will Be A Wild Year For Oil

Dec 14, 2018 at 15:54 | Nick Cunningham

Oil prices have bounced around in the week following the OPEC+ agreement, and the IEA says that the deal may have at least put a floor beneath prices. However,…

Big Oil Is Better Prepared For The Next Price Crash

Dec 14, 2018 at 15:48 | Tsvetana Paraskova

The six largest international oil companies have shored up profits and cash flows this year, reporting incomes at their highest levels since the 2014 oil price crash. Cost cuts, conservative…

Should Investors Rethink Long-Term Investing In Fossil Fuels?

Dec 14, 2018 at 15:45 | Martin Tillier

I have been lucky enough in my life to have lived and worked in multiple countries around the world. That taught me many things, but one that always surprised me…

Natural Gas Plunges As Oil Prices Consolidate

Dec 14, 2018 at 15:44 | Jim Hyerczyk

It was a pretty uneventful week in the crude oil market with prices consolidating as investors continued to digest the previous week’s decision by an OPEC-led group of producers to…

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