Citigroup Says 42% of Clients Have No Energy Transition Plan
South Korean researchers have developed…
Oil prices may soon climb…
The 1950s were a turbulent time on both sides of the Iron Curtain. With the Second World War over and the star role played by crude oil in its outcome,…
Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister last week, a new report finds that shale drilling is still largely not profitable.…
Tesla is looking to secure additional supplies of lithium from a key source country, and is in early talks with the biggest lithium producer in Chile to invest in supply…
Texas is set for another oil boom, with production this year expected to hit a record high. That’s according to Karr Ingham, the oil economist who created the Texas…
This has got to be my favorite part, where the pundits, bank analysts and columnists start to (quietly) revise their views on the oil markets. One after one, they’re losing…
Mexico’s energy reform that ended a state monopoly has so far fared fairly well in the upstream sector, with oil majors snatching up offshore oil blocks in auctions. In the…
Natural gas inventories plunged by 288 billion cubic feet (Bcf) for the week ending January 19, another massive decline that has tightened supplies and pushed up prices. Total gas…
Tesla (NASDAQ:TSLA) CEO Elon Musk has extremely high expectations for the electric automaker’s performance over the next decade — and if it isn’t reached, he won’t be paid at all.…
According to a poll taken late last year, 77 percent of respondents in the UK wanted to re-nationalize all of Britain’s energy utilities. In addition, 83 percent of those surveyed…
This has got to be my favorite part, where the pundits, bank analysts and columnists start to (quietly) revise their views on the oil markets. One after one, they’re losing…
It’s that time of the quarter again! Earnings season is well underway, and we will see fourth quarter 2017 results from many energy companies next week. Friday will bring a…
Friday January 26, 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 touched $71 and WTI hit $66 this week, supported by the latest comments from the energy ministers of Saudi Arabia and Russia, who said after a meeting last…
March West Texas Intermediate Crude Oil March U.S. West Texas Intermediate crude oil futures continued to climb this week, aided by another drop in U.S. crude oil inventories. On Wednesday,…
The ten largest upcoming onshore oil projects worldwide are expected to add 1.135 million bpd to the global oil supply by 2025, according to research and analytics firm GlobalData.…
Ongoing declines in U.S. inventories and a weakening U.S. dollar have pushed oil prices up even further this week.
The number of active oil and gas rigs rose this week, according to Baker Hughes data, increasing by 11 total rigs. This brings the total number of oil and gas…
New York City’s mayor Bill de Blasio threatened Big Oil with more lawsuits on the Bernie Sanders Show podcast, comparing the industry to the…
“I was not disputing the amazing revolution of shale . . .[but] in the overall global supply demand picture it’s not going to wreck the train,” al-Falih said, charging that the IEA…
Natural gas isn’t the first thing that comes to mind at the mention of the Netherlands. Clean energy is a more likely association. And yet gas is at the center…