In response to Iran's attack…
Call options are currently trading…
Crude oil prices ticked higher…
Energy players operating in the Permian Basin could soon find that lenders are more willing to loan them cash, as the recent oil rally breathes new optimism into an industry…
The Permian basin is driving U.S. shale growth, with expectations that the basin will add enormous volumes this year, keeping the oil market well-supplied. But the Permian’s pipeline network is…
Until a decade ago, most of the world was a captive customer of oil—consumers would pay any price for gasoline and oil demand was soaring regardless of the surging oil…
The International Energy Agency has long received criticism for its energy forecasts, which, as is typical with any long-term projections, often miss the mark. But a new report accuses the…
“Germany hooks up a pipeline into Russia, where Germany is going to be paying billions of dollars for energy into Russia. And I’m saying, ‘What’s going on with that?”’ President…
The most prevalent view regarding future oil supply, as well as total energy supply, seems to be fairly closely related to that expressed by Peak Oilers. Future fossil fuel supply…
This week Tanzania opened a brand new $344 million, 167.82-megawatt natural gas power plant outside of the nation's commercial capital, Dar es Salaam, marking a turning point in the…
On Monday, oil prices marked their sharpest one-day decline since February, following the markets as a whole. By 2:30 P.M. Eastern, the West Texas Intermediate (WTI) had dropped 3 percent…
2017 trends for UK offshore production were disrupted by the stoppage in the Forties pipeline in December, which took several hundred thousand barrels of oil equivalent per day off line.…
Chile is pushing power companies to phase out coal plants following a government announcement earlier this year that the country wouldn’t build coal-fired power plants unless they were equipped with…
Have you been experiencing a sickening feeling? The kind you get when a plane hits some unexpected turbulence, or when the roller coaster you’re on takes that high drop? That’s…
If we listen, we can learn a lot from our children. This morning, as I was driving my teenage son and daughter to school, a story came on the radio…
Friday April 6, 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…
ConocoPhillips said this week that it has sold non-core assets worth $250 million in the Lower 48 and bought more acreage in Canada for $120 million in a classic sell…
U.S. West Texas Intermediate crude oil futures are in a position to close lower for the week. Some of the selling pressure was generated by a confirmation of last week’s…
Saudi government officials like talking to the media about oil. They invariably come across as upbeat, confident that the OPEC deal will achieve its goal of shrinking the global oversupply,…
Despite a bullish EIA report, trade war fears are weighing on oil markets, pushing crude prices to their lowest point since March. (Click to enlarge)
Baker Hughes reported a 10-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 1003, which is…
Oil prices fell earlier today after President Trump threatened to slap more tariffs on Chinese products, with West Texas Intermediate shedding almost a percentage point at the time of writing,…
As the U.S. moves closer to pulling out of the Iran nuclear deal and re-imposing sanctions, Iran could see some of the recent progress in its energy industry being rolled…