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Energy

Oil Prices Near One Month Lows As Gasoline Spikes

Nov 01, 2016 at 12:47 | Matt Smith

As gasoline charges higher due to another outage on the Colonial pipeline, crude prices are getting caught up in its slipstream, being dragged higher after yesterday's drubbing. Tomorrow brings another…

This Entire Region Is Now Shaping Up As The World’s Top Natural Gas Play

Nov 01, 2016 at 12:02 | Dave Forest

I’ve been writing over the last several months about the world’s top natural gas play — the growing demand center of Argentina. And this week, things got even tighter…

U.S. Gasoline Price Jumps After Colonial Pipeline Explosion Kills One

Nov 01, 2016 at 10:23 | Tsvetana Paraskova

Gasoline futures were surging almost 10 percent on Tuesday morning after Colonial Pipeline had to shut down part of its main pipeline for a second time in less…

Zombie Drillers: A Halloween Horror Story For Oil Markets

Oct 31, 2016 at 17:29 | Michael McDonald

Investors may not realize it, but the Walking Dead is not the only zombie show running right now. The oil markets are at least as scary and have zombies that…

Can Oil Markets Survive An OPEC Implosion?

Oct 31, 2016 at 17:14 | Nick Cunningham

A technical meeting that was supposed to iron out some wrinkles for a deal to cut oil production ended in acrimony over the weekend, and OPEC’s effort at coordination…

105 Oil & Gas Bankruptcies: But Production Isn’t Shrinking

Oct 31, 2016 at 17:14 | Tsvetana Paraskova

The oil price crash has been creating a wave of energy-related bankruptcy filings in the past two years, prompting many U.S. energy companies that were previously sitting comfortably with high…

Have Oil Prices Hit The Bottom?

Oct 31, 2016 at 15:40 | Oil & Gas 360

Oil Price Shocks: Mine Yucel Addresses Denver Energy Group “It’s probably going to be a rough patch for the industry and the producing states for a while—till oil prices firm…

Confident Saudis To Lift Oil Prices To Asia For December

Oct 31, 2016 at 14:21 | Tsvetana Paraskova

Saudi Arabia will likely raise the official selling price (OSP) differentials for Asia for December, to reflect an October premium in the spread between two Dubai benchmarks that it is…

Experts Remain Bearish On Brent – See $45 Oil Throughout 2016

Oct 31, 2016 at 13:10 | Tsvetana Paraskova

Economists and analysts have kept their average Brent price outlook for 2016 almost unchanged at US$44.78 per barrel, as growing hurdles to a global deal on production limits put downside…

Oil Prices Slammed By Higher OPEC Exports

Oct 31, 2016 at 11:51 | Matt Smith

Happy Halloween! Crude is definitely spooked today, running scared as non-OPEC countries met over the weekend to discuss potential production cuts - but were unable to commit to anything concrete…

Iraq Publishes Oil Data Never Seen Before To Prove OPEC Wrong

Oct 31, 2016 at 10:19 | Irina Slav

Iraq has released detailed data about the crude oil output at each of its 26 oilfields as well as equally detailed export figures in an attempt to prove that…

Saudi Arabia’s Oil War Gained It 1% Market Share – Which It Is About To Lose

Oct 28, 2016 at 17:37 | Rakesh Upadhyay

Saudi Arabia has wielded immense power over both the oil producers and consumers based on its proven oil reserves. It not only has the second largest proven oil reserves at…

Will Oil Majors Ever Recover?

Oct 28, 2016 at 17:33 | Nick Cunningham

The oil majors began reporting their third quarter earnings in recent days, and the figures do not look good. The three-month period ending in September saw oil prices sink to…

Is the Era of Oil Megaprojects Over?

Oct 28, 2016 at 17:29 | Irina Slav

BP said earlier this year that its capex for 2016 would come in at less than the US$17 billion it had initially planned for the year. Shell

Has The Long Awaited Recovery Of Texan Oil Started?

Oct 28, 2016 at 17:21 | Gregory Brew

Some positive signs indicate the long-awaited recovery in the Texas oil and gas industry may finally be on the way. But the climb back out of the hole dug since…

Abu Dhabi Adapts To Low Oil Prices With Mega Merger

Oct 28, 2016 at 17:09 | Michael McDonald

OPEC nations are continuing to tackle the challenge of exceptionally low oil prices. Oil majors are searching for solutions to stay afloat during a time of bitter crude oil…

Why Cheap Energy Is A Must For The Global Economy

Oct 28, 2016 at 17:07 | Gail Tverberg

I have been telling a fairly different energy story from most energy researchers. How could I possibly be correct? What have other researchers been missing? The “standard” approach is to…

DiCaprio’s New Film Portrays Canada’s Oil Sands As “Terryfying”

Oct 28, 2016 at 16:58 | MINING.com

Nearly six months after massive wildfires close to Canada’s oil sands forced one of the largest evacuations in the country’s history, affecting production, Leonardo DiCaprio’s new climate-change documentary threatens…

Big Oil Cannot Afford To Ignore Climate Change

Oct 28, 2016 at 16:51 | Leonard Hyman & William Tilles

Investors have begun to take climate change more seriously now that the Paris climate agreement of December 2015 has created a new set of initials to watch, NDC for “nationally…

The Energy Sink: Why The Ethanol Dream Is Unrealistic

Oct 28, 2016 at 16:51 | Robert Rapier

If I told you that I had created a process to extract pure gold from seawater, you might deem it an amazing accomplishment. If I issued a press release stating…

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