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Energy / Energy-General

Saudi Arabia Hits Pause Button On Higher Oil Output

Jul 20, 2018 at 13:47 | Editorial Dept

In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy sector. Each week we’ll…

Global Energy Advisory July 20th 2018

Jul 20, 2018 at 13:31 | Editorial Dept

Trump wanted lower oil prices prior to Iran sanctions and US midterm elections. He’s got them. It’s been a rough ride for oil prices this week—culminating in the third-straight decline.…

Oversupply Concerns Plague Crude Markets

Jul 20, 2018 at 13:25 | Jim Hyerczyk

September West Texas Intermediate crude oil futures are in a position to close lower for the week despite clawing back most of its weekly loss since Wednesday. The price action…

Oil Regains Footing After Saudis Pause Production Surge

Jul 20, 2018 at 12:52 | Tom Kool

Though it has been an exciting week in oil markets, prices have stabilized in late week trading.  (Click to enlarge)

Rig Count Drops As U.S. Crude Output Hit 11 Million Bpd

Jul 20, 2018 at 12:22 | Julianne Geiger

Baker Hughes reported a decreased number of active oil and gas rigs in the United States on Friday. Oil and gas rigs decreased by 8 rigs, according to the…

U.S. Bid To Ban Fuel Shipments To North Korea Fails

Jul 20, 2018 at 11:07 | RFE/RL staff

Russia and China are blocking a U.S. effort at the United Nations to halt all deliveries of refined oil products to North Korea amid charges that Pyongyang is smuggling fuel…

Trump Tariffs Could Delay Permian Relief

Jul 19, 2018 at 14:16 | Nick Cunningham

The oil and gas industry hoped they would be spared from Donald Trump’s trade war, but the Permian basin was just hit with some bad news. The Permian basin has…

Independents Replace Big Oil In Southeast Asia

Jul 19, 2018 at 14:04 | Irina Slav

Energy independents and Middle Eastern and Asian companies are expanding their presence in the Southeast Asian oil and gas industry, replacing Big Oil majors that have been shrinking their exposure…

Oil Prices Rebound As Saudis Expect Reduced Exports In August

Jul 19, 2018 at 13:54 | Julianne Geiger

Saudi Arabia is expecting a reduction in crude oil exports next month, despite earlier signs that Saudi Arabia—and Russia—have started to raise production even before the June 22 meeting…

Has The Movement For CO2 Controls Peaked?

Jul 19, 2018 at 12:17 | Leonard Hyman & William Tilles

The signs don’t look favorable for carbon dioxide emissions controls in the U.S. The Trump administra-tion along with much of the Republican party clearly do not believe in climate change…

Is This The Next Global Leader In Ride Hailing Services?

Jul 19, 2018 at 11:02 | Jon LeSage

Chinese ride-hailing giant Didi Chuxing took another step forward in its strategy of being a global leader in mobility services. Booking Holdings, which runs popular online travel services like Priceline.com,…

Oil Prices Slip As OPEC+ Compliance Falls To 120 Percent In June

Jul 19, 2018 at 08:16 | Julianne Geiger

Oil prices rallied on Wednesday afternoon despite the fact that OPEC/NOPEC’s compliance fell from 147 percent in May to around 120 in June, according to sources cited by Reuters. At…

Wind Energy Is Getting Cheaper And Cheaper

Jul 18, 2018 at 14:26 | Stuart Burns

Who would have thought wind’s transformation from subsidy-supported to self-financing power source would happen so quickly – not this publication, that’s for sure. Apart from diehard environmentalists, most consumers have…

The Permian Rush Is Creating A Frac Sand Shortage

Jul 18, 2018 at 14:20 | Julianne Geiger

The ‘mega-frac’ is turning the typically annoying sand of West Texas into the new gold, and the oil and gas land rush on the Permian Basin has now extended into…

The Last Oil & Gas Frontier Is Facing Major Challenges

Jul 18, 2018 at 12:08 | Viktor Katona

Upon hearing Papua New Guinea, very few us associate it with LNG – some might recall that it is one of the most heterogenous nations of our planets with more…

Houston To Get Its Own Crude Oil Futures As U.S. Exports Rise

Jul 18, 2018 at 11:47 | Tsvetana Paraskova

Intercontinental Exchange plans to launch later this quarter a crude oil futures contract of physically delivered Permian West Texas Intermediate (WTI), deliverable in Houston, as the city has become…

Who Actually Benefits From Sanctions On Iran?

Jul 18, 2018 at 11:00 | Olgu Okumus

Since President Trump announced the U.S. withdrawal from the JCPOA, Washington has been pressing allies to end all imports of Iranian oil by a November 4. deadline Moreover, in a…

World’s Biggest Oil Trader Launches Renewables Fund

Jul 18, 2018 at 08:52 | Tsvetana Paraskova

The world’s biggest oil trader, Vitol, is setting up in partnership with Low Carbon a renewables fund that will invest in renewable energy assets across Europe, the companies said…

How China Will Win The Solar Race

Jul 17, 2018 at 12:29 | Damir Kaletovic

More than a decade ago, China overtook the U.S. as the world's biggest carbon dioxide emitter. Today, it’s going for a complete 360 with a hungry drive to beat the…

Is This The End Of The Oil Rally?

Jul 17, 2018 at 11:49 | Tom Kool

Oil prices were mostly flat at the start of trading on Tuesday, after having posted two of the worst single-day declines over the past week.

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