Spring brings higher gas prices…
After their U.S. peers, now…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures traded in a sideways-to-lower range early in the week, but momentum shifted on Thursday, driving prices to their highest levels…
Following a surprise report from the EIA, oil prices rose across the board, suggesting that bullish sentiment may be returning to the markets. (Click…
Baker Hughes reported a 3-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 978, which…
Venezuela has made history as the first country to launch its very own Initial Coin Offering. The long-hyped Petro cryptocurrency has been the center of controversy and curiosity to many…
Mexico’s energy industry strategy will be overhauled if the frontrunner for the next presidential term, Andres Manuel Lopez Obrador, wins the July election, his senior energy adviser said in…
As U.S. exports continue to rise, the price gap between WTI and Brent has sharply narrowed. The premium that Brent traded at relative to WTI used to run in the…
Speculation continued into early 2018 about who — or which organization — would be the ultimate buyer of the five percent stake being offered for sale in Saudi Arabia’s national…
The two year spending bill just passed by Congress and signed by the President attempts to make good on the administration's promised tilt towards coal and nuclear power. For the…
Big Oil is due for a disruption. The world’s most important industry has been carrying on without any significant changes in its day to day routine for far too long.…
This year begins the ninth year of cellulosic ethanol mandates in the U.S. Today I want to give a brief review of cellulosic ethanol, review the original targets, and examine…
Toyota Motor Corp, Asia’s No.1 carmaker, has found a way to make electric vehicles (EVs) more affordable and less vulnerable to shortages in supply of the key elements needed to…
Initially, electric and now the development of autonomous cars has been a major disrupter for the auto industry, the effects of which we have only just begun to see. Traditional…
As Elizabeth Taylor once said: “I adore wearing gems, but not because they are mine. You can't possess radiance, you can only admire it.” It’s a good philosophy, because when…
“There could not be a better time to offer this service as domestic production surpasses 10 million barrels per day in the ever-dynamic global crude oil market,” Tom Shaw, president…
WTI received a boost at the start of the week as Cushing inventories have dwindled amid greater pipeline connections and reduced flows from Canada. Exports are also up. Meanwhile, Brent…
Oil producers in Alberta, Canada had the headache of high supply next to thin margins this week, but a quick price rally brought a moment of relief — though experts…
As OPEC allies push to restrict oil output in an international attempt to bolster crude prices, Nigerian producers are heading in the opposite direction, aspiring to increase output by 250,000…
In December 2017, Novatek launched its much-praised Yamal LNG in the Arctic Circle. Despite difficult permafrost conditions and financial limitations imposed by U.S. sanctions, Yamal LNG was finished on time…
The largest oil and gas lease sale for waters in the Gulf of Mexico in U.S. history will occur on March 21st, according to an announcement by the Trump…
Ever since China overtook South Korea as the world’s second-largest importer of LNG last year, traders have been keeping a very close eye on any development that might suggest whether…