• 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
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 mins Could Someone Give Me Insights on the Future of Renewable Energy?
  • 15 hours How Far Have We Really Gotten With Alternative Energy
  • 2 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 14 hours e-truck insanity
  • 4 days Bankruptcy in the Industry
  • 1 day Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 5 days The United States produced more crude oil than any nation, at any time.
Fusion Energy Gets a Boost With Novel Plasma Control Technique

Fusion Energy Gets a Boost With Novel Plasma Control Technique

Researchers have successfully combined two…

$2-Trillion Funding Gap Casts Shadow over Energy Transition

$2-Trillion Funding Gap Casts Shadow over Energy Transition

Blackrock's Michael Dennis said that…

News

Tesla Signs Lithium Supply Deal With China’s Biggest Producer

Tesla Signs Lithium Supply Deal With China’s Biggest Producer

Sep 21, 2018 at 16:19 | Tsvetana Paraskova

China’s largest lithium producer, Ganfeng Lithium, said on Friday that it had signed a three-year deal to supply Tesla with lithium hydroxide for batteries—another lithium supply agreement for Tesla…

Trader Trafigura Beefs Up Crude Oil And Product Tanker Fleet

Trader Trafigura Beefs Up Crude Oil And Product Tanker Fleet

Sep 21, 2018 at 15:55 | Tsvetana Paraskova

One of the world’s major independent commodity traders, Trafigura, has ordered 35 newbuild crude oil and product tankers that will be leased to the trading house with options to buy…

Emirati Oil Co. Begins Hoarding Jet Fuel

Emirati Oil Co. Begins Hoarding Jet Fuel

Sep 21, 2018 at 15:37 | Irina Slav

Emirates National Oil Company has begun storing jet fuel on tankers ahead of U.S. sanctions against Iran, to make sure planes arriving and leaving Dubai have enough fuel, Reuters

Reliance Shuts Down Oil Field On Production Decline

Reliance Shuts Down Oil Field On Production Decline

Sep 21, 2018 at 13:01 | Irina Slav

India’s Reliance Industries has shut down an oil and gas field in the offshore Krishna-Godavari basin after its production rates began to decline several months ago, the company said…

Mexico Needs to Produce More Gas to Ensure Supply Security

Mexico Needs to Produce More Gas to Ensure Supply Security

Sep 21, 2018 at 11:03 | Irina Slav

With growing demand for natural gas for power generation and other applications, Mexico needs to prioritize a domestic production increase, the head of Mexico’s National Hydrocarbons Commission told Reuters…

Pemex, Talos Strike Deal To Evaluate Overlap Of Two Blocks

Pemex, Talos Strike Deal To Evaluate Overlap Of Two Blocks

Sep 21, 2018 at 07:51 | Irina Slav

Mexico’s state energy company Pemex and a consortium led by U.S. Talos Energy have agreed to evaluate whether a field discovered by Talos in the Gulf of Mexico extends into…

East Coast Refiners Get More Gulf Coast Oil By Tanker, Barge

East Coast Refiners Get More Gulf Coast Oil By Tanker, Barge

Sep 20, 2018 at 17:46 | Tsvetana Paraskova

Over the past four years, changes to U.S. crude oil transportation infrastructure and the fluctuations in the Brent-WTI spread have resulted in refiners in the East Coast receiving the highest…

U.S. Looks To Find Alternatives To Iranian Oil For Allies

U.S. Looks To Find Alternatives To Iranian Oil For Allies

Sep 20, 2018 at 17:28 | Tsvetana Paraskova

The United States—which is pushing to have all Iranian oil customers stop importing crude from Tehran—is looking for alternative oil supplies for its allies whose imports will be disrupted by…

Blockade At Oil Field In Libya Could Shut In Production

Blockade At Oil Field In Libya Could Shut In Production

Sep 20, 2018 at 16:46 | Tsvetana Paraskova

Members of the Petroleum Facilities Guard (PFG) blocked on Wednesday the airfield of the Wafaa oil field in southwestern Libya, the National Oil Corporation (NOC) said on Thursday, noting…

Exxon, Chevron, Occidental Join Oil And Gas Climate Initiative

Exxon, Chevron, Occidental Join Oil And Gas Climate Initiative

Sep 20, 2018 at 13:48 | Tsvetana Paraskova

ExxonMobil, Chevron, and Occidental Petroleum are joining the Oil and Gas Climate Initiative (OGCI), becoming the first U.S. companies in the CEO-led voluntary alliance of some of the world’s…

Iraq Oil Exports From South Close To Record-High

Iraq Oil Exports From South Close To Record-High

Sep 20, 2018 at 13:08 | Irina Slav

Crude oil exports from southern Iraq are close to a record-high so far in September, averaging 3.6 million bpd as of yesterday, Reuters reports, citing sources in the know…

Japanese Refiners Stop Buying Iran Oil Ahead Of Sanctions

Japanese Refiners Stop Buying Iran Oil Ahead Of Sanctions

Sep 20, 2018 at 11:30 | Irina Slav

Japanese refiners have stopped buying Iranian crude ahead of the November 4 deadline set by Washington to all countries doing business with Iran before economic sanctions return. Reuters quoted…

Canada Transport Ministry Fast-Tracks Crude Oil Rail Car Phase-Out

Canada Transport Ministry Fast-Tracks Crude Oil Rail Car Phase-Out

Sep 20, 2018 at 09:24 | Irina Slav

Canada’s transport ministry will fast-track a phase-out of two models of rail cars for the transportation of crude oil and condensate as oil exports by rail hit record levels, the…

Russia’s Peak Oil Production Could Be Just Three Years Away

Russia’s Peak Oil Production Could Be Just Three Years Away

Sep 19, 2018 at 17:59 | Tsvetana Paraskova

Russia’s oil production could peak as early as in 2021 due to high taxes and costs, provided there are no benefits for exploration or tax incentives introduced, Russian Energy…

Energy, Banking Majors Launch Blockchain Oil Trading Platform

Energy, Banking Majors Launch Blockchain Oil Trading Platform

Sep 19, 2018 at 17:36 | Tsvetana Paraskova

Commodity traders, energy majors, and large banks have set up a new venture to digitalize and facilitate commodity trade through a blockchain-based open platform, one of the banks in the…

Putin Gives Chechnya An Oil Company

Putin Gives Chechnya An Oil Company

Sep 19, 2018 at 15:43 | Tsvetana Paraskova

Russia’s President Vladimir Putin has ordered the transfer of ownership of the federal state-held company controlling Chechnya’s oil refining and petrochemical industry to the Chechen authorities. Chechen strongman and…

Ultra Light Texas Oil Could Replace Iran’s Sales To Asia

Ultra Light Texas Oil Could Replace Iran’s Sales To Asia

Sep 19, 2018 at 14:13 | Tsvetana Paraskova

U.S. producers of ultra-light condensate have the opportunity to gain a market share in a tightening Asian condensate market, which is expected to further tighten with the return of the…

Mexico Begins Oil Contract Review

Mexico Begins Oil Contract Review

Sep 19, 2018 at 13:07 | Irina Slav

Mexico’s elected government has stayed true to President-elect’s campaign promise to review all oil contracts sealed by the previous administration and has started the review process for a contract with…

Iranian Hackers Step Up Attacks On Energy Firms

Iranian Hackers Step Up Attacks On Energy Firms

Sep 19, 2018 at 10:39 | Irina Slav

Iranian cybercrime group APT33 has stepped up its attacks on a variety of companies in the Persian Gulf, including energy firms, The National reports, citing research from security company…

China Slaps Tariffs On U.S. LNG, Threatens Export Growth

China Slaps Tariffs On U.S. LNG, Threatens Export Growth

Sep 19, 2018 at 09:11 | Irina Slav

As expected, China yesterday retaliated against the U.S. after President Trump announced a list of another US$200 billion worth of Chinese goods that will be subjected to tariffs, and…

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