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U.S. Senator Pushes for Ban on Chinese Electric Vehicles

U.S. Senator Pushes for Ban on Chinese Electric Vehicles

Senator Brown urges President Biden…

The EU Allows Members to Ban Russian LNG as Imports Climb

The EU Allows Members to Ban Russian LNG as Imports Climb

The European Parliament approved rules…

Energy / Energy-General

Oil Tumbles On Mixed Inventory Data

Sep 06, 2018 at 10:12 | Irina Slav

After reporting a 2.6-million-barrel inventory draw last week, the Energy Information administration this week had more good news for oil bulls, estimating that crude oil inventories to have gone…

Storm Gordon Cuts Gulf Of Mexico Oil Production By 160,000 Bpd

Sep 06, 2018 at 09:13 | Irina Slav

A total 48 offshore platforms in the Gulf of Mexico were evacuated because of Hurricane Gordon as of Wednesday, with almost 160,000 bpd of crude oil production shut in along…

Shale Won’t Trigger The Next Financial Crisis

Sep 05, 2018 at 16:58 | Arthur Berman

Many think that debt and negative cash flow by U.S. shale companies will crash the global financial system. I believe the opposite is more likely, that a developing financial crisis…

Are Oil & Gas Executives Paid Based On Luck?

Sep 05, 2018 at 16:51 | Nick Cunningham

Are oil and gas executives paid based on luck? That’s the premise of a new paper from the Energy Institute at Haas, which looks at the link between executive…

Is This The Riskiest Oil Frontier In The World?

Sep 05, 2018 at 14:02 | Viktor Katona

Seven years after South Sudan became independent, leaving behind a sanguinary civil war, it finally reached the point where it places its bets on development and not on incessant internal…

A Bearish September For Oil

Sep 05, 2018 at 13:52 | Osama Rizvi

The recent gains in WTI and Brent were a treat for investors and a boon for oil bulls. The original catalyst for this most recent rally was a bullish inventory…

Canadian Drillers Plan Spending Boost

Sep 05, 2018 at 12:12 | Irina Slav

Despite a discount of more than US$20 a barrel between Canadian crude and WTI, drillers in Alberta are upbeat about the immediate future and plan to boost their drilling…

Goldman Warns Competition Could Deepen Tesla’s Problems

Sep 05, 2018 at 09:12 | Irina Slav

Goldman Sachs has warned that intensifying competition on the EV market plus Tesla’s high debt load would make life for the company more difficult in the future, CNN reports,…

OPEC’s Biggest Fear: A Full Blown Trade War

Sep 04, 2018 at 17:00 | Irina Slav

The escalating trade spat between China and the United States has started to worry Middle Eastern oil producers, who expect the dispute to hurt China’s oil imports alongside a rising…

Oil's Next Hotspot: The Cowboy State

Sep 04, 2018 at 16:34 | Haley Zaremba

As the crude powerhouse that is Texas’ Permian Basin becomes old news, oil explorers are looking for the next big thing--and they have found it in the more-than 4000 feet…

Permian Drillers Are Literally Burning Profit

Sep 04, 2018 at 14:25 | Tsvetana Paraskova

Pipeline capacity constraints in the Permian are affecting not only surging oil production. There’s a shortage of natural gas pipelines as well, and operators across West Texas and New Mexico…

Big Oil’s LNG Obsession

Sep 04, 2018 at 14:06 | Vanand Meliksetian

Since the early days of the oil and gas industry, a group of Western companies has dominated the industry. These companies have been named ‘Big Oil’ due to the size…

The EV War Is About To Heat Up

Sep 04, 2018 at 11:03 | Jon LeSage

While it’s taken them two years to join the race, German automakers are poised and ready to take on Tesla during a particularly vulnerable time for the electric carmaker. Mercedes-Benz…

The Collapse Of Venezuela's Imaginary Oil Currency

Sep 03, 2018 at 17:05 | Nick Cunningham

Earlier this year, Venezuelan President Nicolas Maduro rolled out his latest scheme to rescue his economy, offer an alternative to the increasingly worthless bolivar, and skirt U.S. sanctions on financial…

Emerging Market Contagion Threatens Oil Market

Sep 03, 2018 at 16:59 | Nick Cunningham

The emerging market currency crisis is not over yet, and could yet morph into a broader contagion that threatens to drag down oil demand. Last week, Argentina’s peso fell by…

Russia’s Oil Companies Thrive Amid Sanctions

Sep 03, 2018 at 16:49 | Irina Slav

Four years have passed since the European Union and the United States imposed economic sanctions on Russia for its annexation of Crimea and its military involvement in Ukraine. Although the…

China’s Natural Gas Imports Soar Despite Domestic Output Growth

Sep 03, 2018 at 15:33 | Tsvetana Paraskova

PetroChina—the country’s largest oil and gas producer—is betting big on boosting natural gas production in line with the Chinese policy to increase its gas production and industrial and residential gas…

Russia’s Oil Production Nears Record High

Sep 03, 2018 at 13:18 | Tsvetana Paraskova

Russia’s oil production in August was virtually flat compared to July as Moscow kept output at near post-Soviet record, after having reversed most of its production cuts under the OPEC+…

Analysts: Iran May Use Secret Oil Shipments To Skirt U.S. Sanctions

Sep 03, 2018 at 11:17 | Tsvetana Paraskova

Iran may resort to various ways of reducing the impact of the U.S. sanctions on its oil exports, and those tactics include secret oil shipments without trackers on tankers,…

Is China’s $26 Trillion New Silk Road A Debt Trap?

Sep 03, 2018 at 10:15 | ZeroHedge

President Xi Jinping’s “Belt and Road” trade infrastructure project could be hitting significant bottlenecks as some countries begin to sound alarms regarding the massive debt loads their governments are…

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