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Energy

Is Arctic Drilling The Key To U.S. Energy Dominance?

Mar 08, 2018 at 10:03 | Gary Norman

Energy dominance is a term that has become almost synonymous with Trump’s administration. On the face of things, it may seem that the term requires no further analysis for a…

Rick Perry: U.S. Should Ramp Up Oil, Tech Exports

Mar 08, 2018 at 09:13 | Irina Slav

The United States should make the best use of its oil and gas wealth by boosting exports and sharing production technology with other parts of world, Energy Secretary Rick Perry…

44 Things You Didn’t Know About Oil

Mar 07, 2018 at 17:04 | Viktor Katona

Whenever you see a headline like this, you know it will go along the lines of “did you know that petroleum stands for rock oil?” Yes you did, goes the…

U.S. Oil Export Boom Boosts Pipeline Demand

Mar 07, 2018 at 17:00 | Nick Cunningham

The U.S. could add around 4 million barrels per day (mb/d) of additional supply in the coming years, and most of it will be shipped abroad, turning the U.S. into…

The Only Oil Major Not Buying Into The Permian

Mar 07, 2018 at 15:33 | Tsvetana Paraskova

The Permian has been attracting independent U.S. drillers and oil majors who want to capitalize on short-cycle returns in the world’s hottest shale play, but one of the world’s supermajors…

Malaysian Petronas Sees Profits Rise By 91%

Mar 07, 2018 at 15:26 | Tim Daiss

Malaysian state-owned oil and gas giant Petronas is back in the game. After a series of steps or rather missteps, including being involved in high profile corruption scandals and after…

Angola Faces Oil Industry Crisis

Mar 07, 2018 at 13:26 | Irina Slav

Angola has been OPEC’s second most compliant member with regard to the 2016 oil production cut deal, but just like the number-one compliant member, Venezuela, this prestige does not come…

Is The Argentinian Shale Boom Finally Taking Off?

Mar 07, 2018 at 12:06 | Irina Slav

Argentina’s state oil and gas company YPF expects its oil and gas production from shale deposits to increase 35 percent this year thanks to falling costs at the huge…

Can Tech Really Transform The Oil Industry?

Mar 07, 2018 at 11:44 | Irina Slav

If there is ever a poll for the most annoying, most abused word or phrase in the technology field, “innovation” will be up there in the top 10 along with…

China Plans Record Natural Gas, Coal Production In 2018

Mar 07, 2018 at 10:57 | Tsvetana Paraskova

China expects to set new records for coal and natural gas production this year, but will be cutting the share of coal consumption in the total primary energy mix…

Oil Prices Rebound After EIA Reports Build In Crude Inventories

Mar 07, 2018 at 09:42 | Irina Slav

The Energy Information Administration reported a 2.4-million-barrel build in crude oil inventories for last week. The report’s out a day after the S&P 500 futures dropped 1 percent on…

IEA Does Not Believe Steel Tariffs Will Affect Global Oil Trade

Mar 07, 2018 at 09:16 | Zainab Calcuttawala

The International Energy Agency’s (IEA) leadership does not believe President Donald Trump’s tariffs on imported aluminum and steel will affect the global oil trade. “I think the impact on the…

Is The Sky The Limit For U.S. Shale?

Mar 06, 2018 at 17:24 | Nick Cunningham

The IEA’s forecast that U.S. shale will dominate the oil market over the next three years because of skyrocketing shale production made global headlines on Monday, but the conclusions should…

Shale Pioneer Issues Warning To U.S. Drillers

Mar 06, 2018 at 16:47 | Gary Norman

U.S. shale has effectively upended the oil industry, with predictions that total U.S. oil production will surpass Saudi Arabia’s output this year, in turn rivalling Russia’s to become the…

Oil Profits Are Fueling South Sudan’s Civil War

Mar 06, 2018 at 16:41 | Tsvetana Paraskova

Just two years after it gained independence from Sudan in 2011, oil-rich South Sudan plunged into a civil war that is still raging today—a civil war that is allegedly funded…

Oil Investors See Renewables As Unattractive

Mar 06, 2018 at 14:01 | Tsvetana Paraskova

Pressured by investors who expect to see higher returns after the oil price downturn, oil and gas companies are finding themselves without much incentive to invest in renewable energy technologies,…

U.S. Sets New Monthly Oil Production Record

Mar 06, 2018 at 13:06 | Robert Rapier

In a recent post, I wrote that the U.S. would almost certainly set a new oil production record this year. I noted that the most recent data from the Energy Information Administration (EIA)…

What’s Driving Oil Prices Back Up?

Mar 06, 2018 at 12:45 | Tom Kool

Oil prices saw a modest bump following exchanges between OPEC and U.S. shale producers at the annual CERAWeek Conference. (Click to enlarge)

The Secret To More Efficient Batteries

Mar 06, 2018 at 12:04 | MINING.com

New research published in Nature Communications reveals that manganese has a novel chemical state. According to the U.S. Department of Energy’s Lawrence Berkeley National Laboratory, this new state enables a…

Nigeria Can Produce Oil At $20 A Barrel

Mar 06, 2018 at 09:29 | Irina Slav

The Nigerian National Petroleum Corporation can produce crude oil at around US$20 a barrel, but there are plans to bring this even lower, to US$15 a barrel, the company’s group…

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