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3 Oil & Gas Stocks Most Sensitive To Oil Price Swings

3 Oil & Gas Stocks Most Sensitive To Oil Price Swings

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Global Climate Goals Still Unreachable Despite Record Renewable Growth

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Europe Moves Forward with Major Hydrogen Projects

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News

U.S. Sanctions Russian-born S. African Who Helped North Korea Buy Oil

U.S. Sanctions Russian-born S. African Who Helped North Korea Buy Oil

Nov 19, 2018 at 17:57 | Tsvetana Paraskova

The U.S. Department of the Treasury imposed sanctions on Monday on the Russia-born, South African national Vladlen Amtchentsev, for having advised North Korea on how to evade U.S. sanctions.…

Wind, Solar Are Now The Cheapest Sources Of Power Generation

Wind, Solar Are Now The Cheapest Sources Of Power Generation

Nov 19, 2018 at 17:54 | Tsvetana Paraskova

Thanks to falling costs, unsubsidized onshore wind and solar have become the cheapest sources of electricity generation in nearly all major economies in the world, including India and China, according…

Oman Creates Oil Refining, Trading Giant

Oman Creates Oil Refining, Trading Giant

Nov 19, 2018 at 17:49 | Tsvetana Paraskova

Oman, a Persian Gulf producer with 1 million bpd of oil production and not a member of OPEC, is integrating two of its government-owned companies to create one large refining…

Nigeria’s Opposition Candidate Vows To Boost Oil Investments

Nigeria’s Opposition Candidate Vows To Boost Oil Investments

Nov 19, 2018 at 15:53 | Tsvetana Paraskova

Nigeria’s opposition presidential candidate Atiku Abubakar promises to boost Nigerian upstream oil and gas production and downstream production by attracting more investments, if he is elected president in the…

UK Foreign Minister Goes To Iran To Discuss Nuclear Deal

UK Foreign Minister Goes To Iran To Discuss Nuclear Deal

Nov 19, 2018 at 13:06 | Irina Slav

The UK’s Foreign Minister Jeremy Hunt is visiting Tehran this week to discuss, among other things, the nuclear deal that Iran agreed to sign with six world powers back in…

280,000 Protest Fuel Tax In France

280,000 Protest Fuel Tax In France

Nov 19, 2018 at 11:42 | Irina Slav

Over 280,000 people took to the roads and streets in France this weekend to protest higher prices at the pump caused by a higher taxes on fuels that are part…

Oil Companies Get Together To Help ‘Oil Boom’ States

Oil Companies Get Together To Help ‘Oil Boom’ States

Nov 19, 2018 at 09:43 | Irina Slav

The Permian is driving the second U.S. shale revolution and has become the hottest shale play in the country, but this Permania has had an adverse effect on Texas and…

Japan Might Soon Stop Buying Iranian Crude

Japan Might Soon Stop Buying Iranian Crude

Nov 16, 2018 at 15:42 | Tsvetana Paraskova

Even if some Japanese refiners resume Iranian oil purchases thanks to the U.S. waiver, refiners have just a small window to clear all related transactions, so they are likely to…

Unclear Brexit Deal Could Damage UK Oil Industry

Unclear Brexit Deal Could Damage UK Oil Industry

Nov 16, 2018 at 15:37 | Tsvetana Paraskova

The UK’s draft withdrawal agreement for leaving the European Union lacks clarity, which could be damaging to the UK oil and gas industry with increased costs for retaining skilled workers,…

South Sudan Says Recovering Oil Production Boosts FX Reserves

South Sudan Says Recovering Oil Production Boosts FX Reserves

Nov 16, 2018 at 15:11 | Tsvetana Paraskova

Gradually increasing oil production and the higher oil prices this year are helping South Sudan to generate more foreign exchange reserves, according to Deng Tor Ngor, governor of South…

Tesla Cuts Solar System Prices To Boost Sales

Tesla Cuts Solar System Prices To Boost Sales

Nov 16, 2018 at 10:52 | Irina Slav

Tesla has reduced the prices for its household solar power systems to improve sales, Reuters reports, citing the company’s senior vice president for energy operations, Sanjay Shah. The price…

India Looks To Sell $2 Billion Stake In State Held Oil Majors

India Looks To Sell $2 Billion Stake In State Held Oil Majors

Nov 16, 2018 at 10:33 | Irina Slav

The Indian government is eyeing proceeds of more than US$2 billion from the sale of parts of its stakes in three of the biggest oil companies in the country: ONGC,…

Presidential Hopeful Says Niger Delta Could Keep ‘All Oil Revenues’

Presidential Hopeful Says Niger Delta Could Keep ‘All Oil Revenues’

Nov 16, 2018 at 10:11 | Irina Slav

A presidential candidate from the People’s Democratic Party has said the Niger Delta communities could keep all of the revenues the oil-rich province produces. In an interview with the…

Iraq Resumes Kirkuk Oil Exports A Year After Halt

Iraq Resumes Kirkuk Oil Exports A Year After Halt

Nov 16, 2018 at 09:14 | Tsvetana Paraskova

Iraq resumed on Friday oil exports from the Kirkuk province, a year after it had stopped oil flows from the area due to a dispute with the semi-autonomous Kurdistan region,…

U.S. To Assess Holding Oil, Gas Lease Sale In Offshore Arctic

U.S. To Assess Holding Oil, Gas Lease Sale In Offshore Arctic

Nov 15, 2018 at 17:47 | Tsvetana Paraskova

The U.S. Department of the Interior said on Thursday that it intends to prepare an Environmental Impact Statement (EIS) for a potential 2019 oil and gas lease sale in…

UK Demand For Used Hybrid, Electric Vehicles Soars

UK Demand For Used Hybrid, Electric Vehicles Soars

Nov 15, 2018 at 17:39 | Tsvetana Paraskova

Sales of used hybrid, plug-in hybrid, and electric vehicles (EVs) in the UK jumped by 28.6 percent annually in the third quarter of 2018, the Society of Motor Manufacturers &…

Crisis-Hit Oil Producer Venezuela Set To Share Economic Data With IMF

Crisis-Hit Oil Producer Venezuela Set To Share Economic Data With IMF

Nov 15, 2018 at 15:38 | Tsvetana Paraskova

OPEC’s member Venezuela—which is sitting on the world’s largest crude oil reserves but which is suffering the worst loss of oil production in history outside of war-induced outages—is getting ready…

Russia Says LNG Cargoes From Yamal Arrive In U.S.

Russia Says LNG Cargoes From Yamal Arrive In U.S.

Nov 15, 2018 at 13:26 | Tsvetana Paraskova

At least three tankers loaded with liquefied natural gas (LNG) from Russian LNG facility Yamal have arrived in the United States recently, according to Russia’s Foreign Ministry spokeswoman Maria…

Russia Isn’t Interested In Joining New OPEC-led Oil Output Cuts

Russia Isn’t Interested In Joining New OPEC-led Oil Output Cuts

Nov 15, 2018 at 13:22 | Tsvetana Paraskova

Russia prefers to stay out of any fresh oil production cuts led by OPEC’s leader Saudi Arabia, Reuters reported on Thursday, quoting two high-ranking Russian sources. Russia—which together with…

Aramco Could List Downstream Business

Aramco Could List Downstream Business

Nov 15, 2018 at 10:02 | Irina Slav

As Oilprice.com writer Cyril Widdershoven predicted in an October 2 article, Saudi Aramco is considering the listing of its downstream operations after it completes the acquisition of a sizeable…

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