• 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
  • 7 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 days The United States produced more crude oil than any nation, at any time.
  • 24 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 10 hours How Far Have We Really Gotten With Alternative Energy
  • 5 hours Bankruptcy in the Industry
Gas Glut? Not for Long.

Gas Glut? Not for Long.

Low prices invariably stimulate stronger…

U.S. Drilling Activity Inches Up

U.S. Drilling Activity Inches Up

The total number of active…

Energy

China’s Power Play To Get Its Hands On Foreign Oil

Mar 28, 2019 at 18:04 | Damir Kaletovic

In accordance with the “new guidelines” for its economic development, China is trying to get back to the well-known “Silk Road,” a  $900 billion scheme of a “new era…

The One Thing That Could Derail The U.S. Oil Boom

Mar 28, 2019 at 15:05 | Irina Slav

Two South Korean refiners have canceled the delivery of U.S crude oil cargoes that were due to arrive in January and February this year, Bloomberg reported earlier this week.…

Supermajors Set Out To Save Alaska LNG

Mar 28, 2019 at 14:50 | Tim Daiss

Technical teams from the Alaska Gasline Development Corp. (AGDC) and supermajors BP and ExxonMobil will meet next week in Houston to begin a review of the proposed $43 billion Alaska…

Russia Balks At Continued Oil Production Cut Alliance with OPEC

Mar 28, 2019 at 14:42 | Julianne Geiger

Russia is dragging its feet over the oil production cut deal that it has reached with OPEC and other non-OPEC countries. The deal, which was to go into effect on…

Can Energy Bring Peace To The Levant Basin?

Mar 28, 2019 at 12:38 | Global Risk Insights

Research on the Levant Basin dates back to 2010 when the Leviathan block was first discovered by Ratio Oil. Following this, companies like US-owned Noble Energy and French giant…

Oil Prices Fall As Trump Targets OPEC On Twitter

Mar 28, 2019 at 10:58 | Julianne Geiger

President Donald Trump called OPEC out on Twitter once again on Thursday, pressing the oil “monopoly” to stop driving prices higher. The US President’s latest tweet, while calling on the…

Washington’s Secret Nuclear Deal With Saudi Arabia

Mar 28, 2019 at 10:23 | Irina Slav

Washington has secretly given the go-ahead to several companies to sell nuclear power technology to Saudi Arabia, Reuters reports, citing a document it had obtained. The document featured an…

The World’s Largest Oil Company And Petrochemical Company Merge

Mar 27, 2019 at 18:50 | Cyril Widdershoven

The long awaited Saudi Aramco acquisition of Saudi Basic Industries Corporation (SABIC) is finally here. With a statement to the press, Aramco CEO Amin Nasser reported that Aramco…

Oil Sands M&A Grinds To A Halt

Mar 27, 2019 at 18:46 | Irina Slav

Two years after an M&A boom driven by the exit of several oil majors from the oil sands, sellers of oil and gas assets are having trouble finding buyers. With…

U.S. Squabbles Over New Iran Sanction Waivers

Mar 27, 2019 at 17:57 | Julianne Geiger

US sanctions on Iran’s oil sector and the waivers of said sanctions are causing rifts among the US administration—pitting the National Security Council and the US State Department against each…

A “Perfect Coup’’ Is Unfolding In Algeria

Mar 27, 2019 at 17:03 | Cyril Widdershoven

The ongoing unrest in one of North Africa’s largest oil and gas producers Algeria is reaching boiling point. After weeks of protests from the opposition, aimed at blocking the possible…

LNG Is Finally Taking Off In Egypt

Mar 27, 2019 at 15:19 | Tim Daiss

What a difference just a few years can make. After more than a decade of uncertainty for Egypt’s natural gas sector, leading even to importing LNG for years, Cairo is…

World’s Largest EV Market Loves Gas Guzzling Trucks

Mar 27, 2019 at 15:14 | Jon LeSage

While China may be the world’s largest market for electric vehicle sales, Chinese car buyers have a new love affair: pickup trucks. As in the U.S., pickups are ideal for…

Traders Provide A Clue About Where Oil Is Headed

Mar 27, 2019 at 14:09 | Editorial Dept

Oil markets are enjoying a modestly bullish March on the back of coordinated OPEC+ production cuts and unplanned production outages in Venezuela. Peripheral bullish narratives have included dovish central bank…

Global Intelligence Report – 27th March 2019

Mar 27, 2019 at 14:08 | Editorial Dept

Sources- Turkish Treasury Ministry official- Turkish Interior Ministry official- American intelligence contractor based in London- British former diplomat in Saudi Arabia ISIS may be on the…

China Just Can’t Get Enough Of This Crude

Mar 27, 2019 at 14:06 | Editorial Dept

For an ordinary layman Chad might not come across as an important oil producer. Landlocked, susceptible to political infighting and one of the poorest nations on earth, Chad’s oil sector…

Uncertain Times For Dated Brent

Mar 27, 2019 at 14:04 | Ross McCracken

The global crude oil benchmark Dated Brent is set to change once again this November as S&P Global Platts, the benchmark’s custodian, introduces trade in North Sea grades delivered on…

Oil Lifted By Additional Outages In Venezuela

Mar 27, 2019 at 14:03 | Editorial Dept

Amid oil prices reaching some sort of temporary equilibrium and trading volatility being significantly lower than in the previous weeks, the oil market now expects new impulses that would indicate…

Is The Nuclear Industry Abusing Subsidies?

Mar 27, 2019 at 12:45 | Haley Zaremba

Although nuclear is often touted as an ultra-efficient and therefore affordable as well as clean alternative to fossil fuels, some states are beginning to discover that this is not necessarily…

Venezuela Main Oil Port Shuts Down Amid Blackout

Mar 27, 2019 at 12:06 | Irina Slav

Venezuela’s largest oil-exporting terminal Jose is not working after a power outage that happened on Monday. Reuters reports the port has yet to resume normal operations, noting the last…

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