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Energy

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OPEC Production Cuts: Here’s The Cheat Sheet

Jan 16, 2017 at 15:29 | Damir Kaletovic

OPEC will present its Monthly Oil Market Report on the 18th of January, at a time when OPEC and non-OPEC members are making their first production cuts in line…

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Saudi Arabia To Spend $50 Billion On Massive Solar Push

Jan 16, 2017 at 15:20 | Nick Cunningham

Saudi Arabia’s energy minister, Khalid Al-Falih, said that his country will begin soliciting bids for a “massive” renewable energy push, with spending to be ramped up to as high…

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The Rebound Is Here: Megaprojects Back On The Table

Jan 16, 2017 at 15:10 | Precise Consultants

Hey 2017 – get you. Straight out of the box and it’s delivered some prestantious news, in the form of a Wood Mackenzie report. We don’t know how you feel,…

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GreaseBook: Reporting Oil Production Just Became Much Easier

Jan 16, 2017 at 15:09 | Zainab Calcuttawala

A new app developed in Oklahoma is looking to streamline communication between well pumpers and operators by eliminating the need for lengthy paperwork and prioritizing photo evidence as a…

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Indonesia Just Rocked The Mining World With This Unexpected Move

Jan 16, 2017 at 11:56 | Dave Forest

One major event dominated mining news this week. Affecting nearly every major metal — from copper and nickel to gold and aluminum. An abrupt and unexpected change in mining laws…

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Oil Could Rise Further On Stronger Asian Crude Demand

Jan 16, 2017 at 11:44 | Matt Smith

With markets closed today to witness Martin Luther King Jr. Day, prices are not surprisingly rather subdued amid quiet electronic trading. Nonetheless, fun and games will ramp up from tomorrow,…

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2017 Another Year Of Excessive Volatility For Oil Prices

Jan 16, 2017 at 10:56 | Irina Slav

This year will see further volatility in oil prices despite international efforts to restore the market to balance and improve prices more consistently. This push may, however, rebalance the market…

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Saudis, Kuwait, Algeria Cut More Than Pledged To OPEC

Jan 16, 2017 at 10:13 | Tsvetana Paraskova

Saudi Arabia, Kuwait and Algeria may have cut their respective production below the levels they had promised in the OPEC deal, because all three are eager to show not only…

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Oil Prices Slide As Saudis See No Need Of Extending OPEC Deal

Jan 16, 2017 at 09:29 | Tsvetana Paraskova

Oil prices were down early Monday morning after Saudi Arabia signaled that OPEC was unlikely to extend the supply-cut deal beyond June, which sparked off renewed fears that the pledged…

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U.S. Shale To Kill Off Oil Price Rally

Jan 13, 2017 at 16:18 | Nick Cunningham

Oil prices have been showing signs of weakness in recent days as concerns over excess supply are starting to crop up once again, potentially slamming the brakes on an almost…

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