The OPEC+ group could influence…
Saudi Arabia’s oil giant, in…
Oil prices fell this week…
What would you think about a battery that sports five times the capacity of the average lithium-ion one? And then what if this batter was cheaper, and even more environmentally…
After three months of steady output, Russia’s crude oil production increased in March to 10.97 million bpd, the highest level since April 2017, as the top two Russian companies…
Baghdad has approved an increase in Iraq’s crude oil production capacity to as much as 6.5 million bpd by 2022. This compares to a current production capacity of below…
Bahrain announced the biggest crude oil discovery in its history that will “dwarf” its current reserves, media reported, citing the tiny kingdom’s official news agency. Details on the size…
Oil prices seesawed at the start of the week before jumping close to multi-year highs on geopolitical concerns, with Brent hitting $70 and WTI at $65. However, geopolitical pressure is…
Europe’s biggest gas field--Groningen in the north of the Netherlands--has been pumping gas for more than half a century and supplies gas to 98 percent of the Dutch population.…
A number of pieces have to fall into place before the petrodollar moves into second place...Few geoeconomic game-changers are more spectacular than…
While this is not necessarily news that the Chinese populace wants to hear, a new report released Thursday by the country’s environmental ministry said that the number of pollution sources…
Renewable energy’s place as part of the global “energy balance” is a delicate scale. As its prospects and contribution rise, limitations also appear. The main elements here involve… - The…
If you thought allegations of emissions rigging were a thing of the past, think again. It appears what’s good for Volkswagen is probably good for BMW, too. According to an…
Turkmenistan is exploring options on natural gas swap deals with Iran to export its fuel to markets further afield, Iranian President Hassan Rouhani reportedly said during a visit to Ashgabat…
As a trader, you can sometimes get so frustrated with the market that you’ll do something impulsive – and stupid. I call this the “Screw it!!” impulse. It can come…
Oil prices continued their upward momentum on Friday, following a week of geopolitical uncertainty and bullish industry news. (Click to enlarge)
Master Limited Partnerships (MLPs) are about as fashionable as hot pants. Like the skimpy shorts of the seventies they retained a hard core of fans and have even seen various…
Friday March 30, 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…
In what could be the last major oil tender in Mexico for the foreseeable future, supermajors Shell, BP, and Total, along with Eni, Repsol, Lukoil, and German Deutsche Erdoel rushed…
U.S. West Texas Intermediate and international-benchmark Brent crude oil posted a two-sided trade this week before closing lower. This week’s trade pitted the bullish traders, who believe the OPEC-led production…
In all of the problematic trade talk between Washington and Beijing, and with mounting concerns that Trump’s tariff plans could cause such a backlash that China would even consider ditching…
In February and March, Brazil’s state-controlled oil firm Petrobras hedged 128 million barrels of its expected 2018 production —equal to around 15 percent of total production—at an average price…
The U.S. threatens to swamp the world with oil in the next few years, although that will only be possible if there is a commensurate construction boom for pipelines to…