• 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
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 hour Could Someone Give Me Insights on the Future of Renewable Energy?
  • 18 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)
  • 17 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.
The World's Most Polluted Countries Revealed

The World's Most Polluted Countries Revealed

The air pollution problem is…

Will Namibia Become OPEC’s Newest Member?

Will Namibia Become OPEC’s Newest Member?

Namibia wants to join OPEC…

Arab Nations Act Against Iran-Israel Escalation

Arab Nations Act Against Iran-Israel Escalation

Arab states, including Jordan, Saudi…

News

China’s Oil Production Rises For First Time Since October 2015

China’s Oil Production Rises For First Time Since October 2015

Sep 14, 2018 at 13:23 | Tsvetana Paraskova

China’s crude oil production inched up in August from a year ago for the first annual increase since October 2015 as Chinese state firms heed President Xi Jinping’s orders…

China Refinery Throughput Drops To 9-Month Low

China Refinery Throughput Drops To 9-Month Low

Sep 14, 2018 at 10:55 | Irina Slav

Chinese refineries processed 50.31 million tons of crude oil in August, the lowest since December 2017, calculations by Reuters based on data from the National Statistics Bureau showed. On…

Canada’s Environment Minister: No Apologies For Oil Industry Support

Canada’s Environment Minister: No Apologies For Oil Industry Support

Sep 14, 2018 at 09:37 | Irina Slav

Canada’s environment minister has to work for all Canadians, seeking both to pursue the government’s environmental agenda and to help expand its oil industry, Environment and Climate Change Minister Catherine…

U.S. Department Of Energy Authorizes Freeport LNG Exports

U.S. Department Of Energy Authorizes Freeport LNG Exports

Sep 14, 2018 at 09:03 | Irina Slav

Last week, the U.S. Department of Energy authorized Freeport LNG to export up to 2.14 billion cubic feet of LNG from the same-name facility in Texas “to any country…

Perry Tells Russia To Stop Using Energy As Economic Weapon

Perry Tells Russia To Stop Using Energy As Economic Weapon

Sep 13, 2018 at 18:05 | Tsvetana Paraskova

The United States welcomes competition from Russia on the global energy markets, but Russia can no longer use energy as an economic weapon, U.S. Secretary of Energy Rick Perry

India Scouting To Buy Oil And Gas Producing Assets In Russia

India Scouting To Buy Oil And Gas Producing Assets In Russia

Sep 13, 2018 at 17:59 | Tsvetana Paraskova

India’s state-held oil and gas companies continue to explore participation in more oil and gas projects in Russia, Indian Oil Minister Dharmendra Pradhan said at an India-Russia forum on…

U.S. Aims To Boost LNG Sales To Russia-Dominated European Gas Market

U.S. Aims To Boost LNG Sales To Russia-Dominated European Gas Market

Sep 13, 2018 at 17:48 | Tsvetana Paraskova

The European Union (EU) is becoming increasingly dependent on Russian natural gas supply, Steven Winberg, Assistant Secretary for Fossil Energy at the U.S. Department of Energy (DOE), said at…

Saudis Hire Ex U.S. Solicitor General To Campaign Against NOPEC Bill

Saudis Hire Ex U.S. Solicitor General To Campaign Against NOPEC Bill

Sep 13, 2018 at 17:12 | Tsvetana Paraskova

Saudi Arabia, OPEC’s largest producer and de facto leader, has hired former U.S. Solicitor General Ted Olson, now partner law firm Gibson, Dunn & Crutcher LLP, to lobby against proposed…

Iran Suffers Longest Gap In Oil Shipments To China Since 2015

Iran Suffers Longest Gap In Oil Shipments To China Since 2015

Sep 13, 2018 at 15:11 | Tsvetana Paraskova

Two supertankers left Iran’s oil terminal Kharg Island en route to China late on Wednesday—the first Iranian oil shipment to its single biggest oil customer in 18 days, which was…

Refining Margins In China's Shangdong Hub Continue To Rise

Refining Margins In China's Shangdong Hub Continue To Rise

Sep 13, 2018 at 14:35 | JLC

Shandong-based independent refiners have seen their crude refining margins gain for four straight weeks, on the back of strong product prices. Refiners' indicative product sales revenue for refining domestic

EPA Waives Pollution Rules Ahead Of Florence Landfall

EPA Waives Pollution Rules Ahead Of Florence Landfall

Sep 13, 2018 at 14:26 | Irina Slav

The Environmental Protection Agency has temporarily waived air pollution rules in Georgia and Virginia as Hurricane Florence approaches the coast and locals’ preparations for the landfall cause a decline in…

EU Court Rejects Russian Challenge To Sanctions Over Ukraine Energy Crisis

EU Court Rejects Russian Challenge To Sanctions Over Ukraine Energy Crisis

Sep 13, 2018 at 11:05 | Irina Slav

The General Court of the European Union upheld sanctions imposed on several Russian oil companies and banks after the annexation of Crimea in 2014 and Russia’s involvement in the Ukraine…

NOC: Libya's Oil Production Not Affected By Attack On Headquarters

NOC: Libya's Oil Production Not Affected By Attack On Headquarters

Sep 13, 2018 at 09:14 | Irina Slav

There has been no change in crude oil production in Libya following an Islamic State attack on the headquarters of the National Oil Corporation this week, Reuters reports, citing…

U.S. Slaps Sanctions On Libyan Militia Strongman Over Oil Attacks

U.S. Slaps Sanctions On Libyan Militia Strongman Over Oil Attacks

Sep 12, 2018 at 17:36 | Julianne Geiger

In what is largely seen as a win for the Libyan National Army’s (LNA) General Khalifa Haftar, the United States Treasury Department, in conjunction with the United Nations, slapped…

OPEC Cuts Global Oil Demand Growth Forecast, Again

OPEC Cuts Global Oil Demand Growth Forecast, Again

Sep 12, 2018 at 17:11 | Tsvetana Paraskova

For a second consecutive month, OPEC revised down its global oil demand growth estimate for this year and next, pointing at a combination of factors that could slow down global…

Iran Resumes Storing Oil In Tankers As U.S. Sanctions Approach

Iran Resumes Storing Oil In Tankers As U.S. Sanctions Approach

Sep 12, 2018 at 15:20 | Tsvetana Paraskova

Iran has started to store oil in its own tankers off its coasts ahead of the U.S. sanctions on its oil exports that are expected to cut Tehran’s ability to…

East Coast Gasoline Prices Are Surging Ahead Of Hurricane Florence

East Coast Gasoline Prices Are Surging Ahead Of Hurricane Florence

Sep 12, 2018 at 12:59 | Tsvetana Paraskova

Gas prices on the U.S. East Coast are expected to surge this week ahead of and during Hurricane Florence’s landfall, as residents have started to evacuate from the Carolinas and…

Trafigura Loses Oil-Trading Contract In Angola To Total

Trafigura Loses Oil-Trading Contract In Angola To Total

Sep 12, 2018 at 11:22 | Irina Slav

Commodity giant Trafigura lost a fuel oil-trading contract with the Angolan government after the country’s new president awarded it to French Total, Reuters reports, noting Joao Lourenco has been…

Oil Market Remains “Fragile”: Novak

Oil Market Remains “Fragile”: Novak

Sep 12, 2018 at 10:31 | Irina Slav

Declining oil production in some large producers is keeping the global oil market “fragile”, Russia’s Energy Minister Alexander Novak said during an industry event this week. Venezuela was one obvious…

Militants Fire Rockets At Tripoli Airport

Militants Fire Rockets At Tripoli Airport

Sep 12, 2018 at 09:16 | Irina Slav

Rockets have been fired at the only functioning airport in the Libyan capital of Tripoli, Reuters reports, citing information from local residents and a statement from the political faction…

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