• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 5 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days If hydrogen is the answer, you're asking the wrong question
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 11 days Biden's $2 trillion Plan for Insfrastructure and Jobs

Energy / Energy-General

U.S. Plans Largest Ever Oil & Gas Lease Sale In Gulf Of Mexico

Feb 19, 2018 at 09:18 | Zainab Calcuttawala

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…

Will China Repeat Last Year’s LNG Import Surge?

Feb 16, 2018 at 17:16 | Irina Slav

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…

Why Commodity Coins Are Gaining Popularity

Feb 16, 2018 at 17:16 | Michael Kern

Cryptocurrencies have become the most loved-and-hated topic in the financial world. Corporate coins, joke coins, government coins, and even commodity-backed coins are flooding the markets, and potential investors are scrambling…

The Fight For World’s Top Oil Producer Is Just Beginning

Feb 16, 2018 at 16:40 | Kent Moors

In 2005, I was at a meeting of energy experts close to Dominion Energy Inc.’s (D) liquefied natural energy (LNG) terminal in Cove Point, Maryland. At the meeting, it was unanimously…

A Cushioned Contrarian Trade In Energy

Feb 16, 2018 at 15:46 | Martin Tillier

Now, according to the prevailing consensus, is a bad time to be considering any stock in a utility. Interest rates are climbing, and as most utilities have high debt loads…

Shale Production Heads Into Overdrive

Feb 16, 2018 at 15:31 | Editorial Dept

Friday February 16, 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…

Oil Rig Count Rises As Prices Recover

Feb 16, 2018 at 12:23 | Julianne Geiger

Baker Hughes reported a 7-rig increase to the number of oil rigs this week, with a decrease of 7 gas rigs for the reporting period. The result of no…

The Most Bullish Indicator For Long-Term Oil Demand

Feb 15, 2018 at 15:36 | Tsvetana Paraskova

The rise of electric vehicles has prompted many analysts to start trying to pinpoint the year in which global oil demand will peak and start to decline irreversibly in the…

Chinese Oil Demand Growth To Slow Down This Year

Feb 15, 2018 at 13:19 | Irina Slav

China’s crude oil demand growth could slow down this year to 4.2 percent from 2017, versus 5.5 percent last year, S&P Platts analysts have estimated. The China Oil Analytics division…

Big Batteries Are Becoming Much Cheaper

Feb 15, 2018 at 13:15 | Irina Slav

Huge battery arrays are undermining peakers—the gas-fired power plants deployed during peak demand—and could in the future completely change the face of the power market. Batteries are hot right now.…

India Is Quickly Becoming A Major Player In Oil Markets

Feb 15, 2018 at 11:42 | Matt Smith

Indian oil demand rose over 10 percent in January, up for a fourth consecutive month. Although much of the magnitude of the year-on-year improvement is due to last year's low…

Trump Proposes Sale Of Transmission Assets

Feb 15, 2018 at 11:37 | Leonard Hyman & William Tilles

Hidden away in the Trump Administration’s long-awaited “Legislative Outline for Rebuilding Infrastructure in America” is the administration’s latest idea to raise some cash without raising taxes. The government wants…

Saudi/Russia-Led Oil Supergroup In The Making

Feb 15, 2018 at 10:15 | Tsvetana Paraskova

OPEC and the non-OPEC producers’ part of the production cuts deal will have a plan for long-term cooperation drafted by the end of 2018, as they seek to institutionalize their…

Venezuela’s PDVSA Faces Mass Exodus Of Workforce

Feb 15, 2018 at 09:20 | Irina Slav

PDVSA, Venezuela’s state-oil company, is losing workers by the thousands, with as many as 10,000 leaving the company in just one week of January, media report, citing protests against low…

Shale Industry May Finally See Some Profits

Feb 14, 2018 at 13:45 | Nick Cunningham

Not only is U.S. shale set to grow at a torrid pace, but the industry might actually make some money for once. Profits have eluded the shale industry for years,…

Gas Tax Hike Could Have Serious Consequences For Oil Markets

Feb 14, 2018 at 13:29 | Tsvetana Paraskova

The idea to increase the federal gas tax has gained momentum in recent weeks as a possible way of generating new government revenue to put into infrastructure projects. Although such…

Russia Is Taking Over Syria’s Oil And Gas

Feb 14, 2018 at 11:19 | Viktor Katona

If finally happened… In accordance with an energy cooperation framework agreement signed in late January, Russia will have exclusive rights to produce oil and gas in Syria. The agreement goes…

Can Putin Keep His Promise To OPEC?

Feb 13, 2018 at 13:45 | Gary Norman

As crude begins to recover after its worst decline in two years, it seems like a decisive moment to cash in on the decline of the global oil inventory precipitated…

Asia’s Strong Diesel Demand Supports Crude Prices

Feb 13, 2018 at 13:35 | Tsvetana Paraskova

Oil prices stumbled over the past week on the financial market turmoil, stronger dollar, and surging U.S. crude production. But as oversupply fears return with a vengeance to the oil…

Oil Holds Steady, But Rebound Seems Unlikely

Feb 13, 2018 at 13:03 | Tom Kool

Oil prices have stabilized following last week's massive decline, though growing fear of a new U.S. shale boom has markets in bear-mode.  (Click to enlarge)

Oilprice - The No. 1 Source for Oil & Energy News