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Space Mining: The Final Frontier For Oil Countries

Space Mining: The Final Frontier For Oil Countries

Scientists and engineers are increasingly…

Energy / Energy-General

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Has A Supply Deficit Already Emerged?

Apr 14, 2017 at 12:08 | Editorial Dept

Friday April 14, 2016 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…

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Bullish News Puts Temporary Floor Under Oil Prices

Apr 14, 2017 at 12:00 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures posted a strong gain this week, underpinned by a number of factors. The buying was strong enough to drive the market into its…

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Oil Prices Rally Amid Rising Rig Count

Apr 14, 2017 at 11:45 | Tom Kool

Oil prices have rallied back into the mid $50’s on a bout of bullish data, but a rising rig count and elevated production in the Gulf of Mexico could cap…

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Can Lenin Solve Ecuador's Oil Crisis?

Apr 13, 2017 at 16:48 | Viktor Katona

100 years after the Great Russian Bolshevik Revolution, Lenin has once again seized power. Lenín Moreno, a socialist candidate and former UN Envoy on Disability and Accessibility, claimed last week’s…

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China’s Electric Vehicle Market Is Unbeatable

Apr 13, 2017 at 14:42 | Jon LeSage

Ford Motor Co. just announced an ambitious electrification strategy for China. The global Mondeo sedan will see the Mondeo Energy plug-in hybrid launched there early next year, followed by an…

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U.S. Oil Rig Count Hits 2 Year High

Apr 13, 2017 at 13:11 | Zainab Calcuttawala

This week’s Baker Hughes rig count has oil rigs up by 11, with a majority of the growth occurring in the Permian Basin in Texas and New Mexico. The…

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Will Shale Kill Off The Oil Price Rally Again?

Apr 12, 2017 at 17:00 | Nick Cunningham

WTI has rallied more than 11 percent over the past month, raising hopes from oil bulls that maybe, just maybe, the price gains are here to stay. Oil had dipped…

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Supply Crunch Or Oil Glut: Investment Banks Can’t Agree

Apr 12, 2017 at 14:52 | Tsvetana Paraskova

In recent years, U.S. shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts,…

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Could Guyana Become The Next Oil Hot Spot?

Apr 12, 2017 at 14:01 | Irina Slav

ExxonMobil last week announced its third successful oil find offshore Guyana – the tiny Latin American country squeezed between Venezuela and Suriname. The Snoek discovery follows hitting oil-bearing rock in…

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Oil Prices Slip Despite Draw In Crude, Gasoline Inventories

Apr 12, 2017 at 09:59 | Irina Slav

A day after Saudi Arabia said it was willing to join a production cut extension and a day after the American Petroleum Institute estimated U.S. crude oil inventories…

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