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Energy / Energy-General

U.S. Drillers Turn On The Brakes—Rig Count Remains Unchanged

Aug 17, 2018 at 12:23 | Julianne Geiger

Baker Hughes reported no change to the number of active oil and gas rigs in the United States on Friday. Oil and gas rigs stayed at 1,057, according to…

Nigeria’s State Owned Oil Company To Go Public

Aug 17, 2018 at 09:54 | Irina Slav

The Nigerian National Petroleum Corporation will float 40 percent of its stock on the local stock exchange once the President signs the Petroleum Industry Governance Bill, Nigerian media report.…

Can U.S. Shale Stop A Global Oil Supply Crisis?

Aug 16, 2018 at 15:57 | Tsvetana Paraskova

Despite an expected slowdown in Permian growth rates, the U.S. shale patch is increasing production and will continue to do so this year and next. Oil market investors and analysts…

Keystone XL Delayed…Again

Aug 16, 2018 at 15:49 | Nick Cunningham

You wouldn’t believe it, but the Keystone XL project, now a decade old, has hit yet another legal snag, which could delay construction once again. A U.S. federal judge ruled…

Is Mexico Set To Boost Oil Output?

Aug 16, 2018 at 13:26 | The Dialogue

On July 27, Mexican president-elect Andrés Manuel López Obrador said his government will earmark more than $9 billion for state-run energy companies next year and start working on a new…

Trade War May Push China To Russian Energy

Aug 16, 2018 at 13:12 | Global Risk Insights

Although China has backpedaled on proposed tariffs on U.S. crude imports, the move is indicative of its need to diversify sources and steps may now be taken to enable China…

All-Time Low Spare Capacity Could Send Oil To $150

Aug 15, 2018 at 17:11 | Tsvetana Paraskova

While the oil market and analysts are trying to guesstimate how much Iranian oil the U.S. sanctions will stifle later this year, they all agree that the return of the…

The One Oil Industry That Isn’t Under Threat

Aug 15, 2018 at 16:28 | Nick Cunningham

Peak oil demand might be near, but the consumption of oil for plastics will keep demand elevated for decades. Indeed, the IEA has said that plastics and other petrochemicals are…

Indonesia’s Oil Sector In Jeopardy As Elections Loom

Aug 15, 2018 at 13:38 | Haley Zaremba

The future is looking grim for foreign resource companies with investments in Indonesia. In the current election cycle, it has become increasingly politically popular to push for repatriation of the…

Is Deepwater Drilling More Profitable Than Shale?

Aug 14, 2018 at 17:12 | Nick Cunningham

Just as the U.S. shale patch is starting to look a little crowded, deepwater drilling could see a comeback. Royal Dutch Shell says that offshore drilling is now more competitive…

Why China Will Continue To Buy Iranian Crude

Aug 14, 2018 at 15:34 | Tim Daiss

As the U.S. and Iran continue to trade barbs over the restart of economic sanctions against the Islamic Republic, China is also entering the verbal fray. On Monday, the head…

Oil Prices Fall Despite Supply Fears

Aug 14, 2018 at 13:14 | Tom Kool

Crude oil fell slightly on Tuesday despite news from Saudi Arabia and Iran which should have put upward pressure on prices. (Click to enlarge)

Caught In The Crossfire: The Unintended Victim Of Iran Sanctions

Aug 14, 2018 at 12:23 | Gregory Brew

With U.S. sanctions set to snap back into place, Iran is bracing itself for another period of economic hardship and uncertainty. Critical to the success of the U.S. sanctions program…

The Real Reason Behind The Next Oil Squeeze

Aug 13, 2018 at 17:09 | David Messler

The last quarter has seen increased volatility in oil prices, an increase that I attribute to the growing tensions in international markets as fears of a global trade war intensify.…

Deciphering The New Caspian Agreement

Aug 13, 2018 at 16:08 | Viktor Katona

It took more than 20 years for littoral states of the Caspian Sea to reach an agreement that would lay the legal foundations for the full utilization of the region’s…

Philippines Cracks Down On Fuel Pirates

Aug 13, 2018 at 14:20 | Tim Daiss

Oil smuggling has been a thorn in the side of the Philippine government for decades, with both overt oil smuggling, the transfer of oil cargoes from one vessel to another…

The Real Leader In Global Energy Production

Aug 13, 2018 at 13:44 | Robert Rapier

Last week President Trump spoke to business leaders at a dinner. Daniel Dale, the Washington correspondent for the Toronto Star, posted several tweets about the dinner. In one, he

Can China Afford To Slap Tariffs On U.S. Oil?

Aug 13, 2018 at 12:33 | Irina Slav

Chinese refiners and the U.S. oil industry welcomed a decision by Beijing last week to exclude crude oil exports from a list of goods worth US$16 billion, on which China…

Are The Saudis Involved In The Tesla Buyout Plan?

Aug 13, 2018 at 09:30 | Tsvetana Paraskova

A few days after Elon Musk shocked Wall Street and investors by tweeting that he would take Tesla private at $420 a share, speculation is still high on who…

Global Oil Supply Could Become ‘’Very Challenging’’

Aug 10, 2018 at 16:43 | Nick Cunningham

The oil market has experienced a “cooling down” this summer as global supply disruptions have eased at a time when demand has also slowed a bit, according to a new…

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