Citigroup Says 42% of Clients Have No Energy Transition Plan
Tata Steel workers in Port…
Azerbaijan seeks to capitalize on…
The International Monetary Fund dampened optimism about oil prices by forecasting the average for Brent at a little over US$58.24 a barrel next year, down from this year’s projected US$62.31.…
A Houston-based LNG company is hoping to chart a course that hasn’t really been tried before: owning upstream natural gas assets, building the pipelines to get the gas to port,…
Most headlines with "Saudi Arabia" in them seem to feature a hefty sum of money. A US$500-billion smart city here, a US$200-billion solar project there--it's beginning to look…
As Washington and Beijing exchange trade war barbs and as tensions in Syria drive up global oil prices, reintroducing geopolitical pressure that had been largely removed from the oil price…
One of the world’s biggest oil industry supermajors has teamed up with the global leader in electric cars in a new business venture and pilot project. British Petroleum (BP) has…
Oil saw significant gains in anticipation of the strikes in Syria, but following U.S. efforts to ease geopolitical tensions in the region, crude prices have stabilized.
The oil price rally was halted early on Tuesday as concern over the Syria conflict escalating somewhat eased and U.S. shale production continued to grow. At 11:00 a.m. EDT on…
China is on track to double its shale gas production to 17 billion cubic meters over the next three years, according to Wood Mackenzie analysts. In a note released yesterday…
Oil prices could rise due to the “perfect storm of stagnant supply, geopolitical risk, and a harsh winter,” according to an April 12 note from Barclays. Geopolitical events specifically could…
While ride-hailing giant Uber and electric carmaker Tesla are facing serious safety investigations, neither company is backing away from the autonomous vehicle technology that played a big part in the…
Part of the “production hell” that Tesla’s Model 3 has been going through was due to too much automation along the manufacturing lines, Elon Musk said, indicating that robots are…
On February 27 Mubadala Investment Company, which plays a key role in Abu Dhabi’s investment activity, announced that a stake of 10-15 percent in one of its key holdings, Emirates…
In late March Malaysia’s national oil and gas company, Petronas, and Saudi Aramco announced the creation of two joint ventures for the Refinery and Petrochemicals Integrated Development (RAPID) project in Johor.…
I’ve commented for weeks upon the disconnect that continues between the price of oil and the prices of oil stocks. In the past, you could set your clock based upon…
Oil, after looking rangebound for a while, albeit at the highest levels since 2014, looks like it has broken out. When WTI futures challenged February’s high of $66.66 a few…
Friday April 13, 2018 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…
Brent crude this week broke the $72 barrier for the first time since 2014 on the latest developments in Syria. President Donald Trump earlier this week threatened Russia with missile…
U.S. West Texas Intermediate is in a position to post a strong gain this week. The short-term fundamentals continue to be supportive as bullish traders remain concerned over the escalating…
OPEC is very close to achieving its mission to draw oil inventories down to their five-year average, but the ongoing U.S.-China trade spat is a risk to oil demand growth…
Oil prices added to their gains on Friday, with Brent holding at multi-year highs. The possible trade war poses a threat to demand, but for now, the market is focused…