• 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
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 15 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 14 hours How Far Have We Really Gotten With Alternative Energy
  • 5 hours e-truck insanity
  • 2 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 5 days Bankruptcy in the Industry
  • 2 days 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.

Breaking News:

ExxonMobil Underwhelms With Q1 Earnings

China's Capital Flight Could Fuel Bitcoin’s Next Rally

China's Capital Flight Could Fuel Bitcoin’s Next Rally

Chinese FX outflows, often underreported…

The World's Most Polluted Countries Revealed

The World's Most Polluted Countries Revealed

The air pollution problem is…

How Copper Is Defying Weakness in China to Make A Serious Bull Run

How Copper Is Defying Weakness in China to Make A Serious Bull Run

Copper investments are enjoying another…

News

Employee Abductions Cut Libya’s Oil Production By 160,000 Bpd

Employee Abductions Cut Libya’s Oil Production By 160,000 Bpd

Jul 16, 2018 at 09:05 | Tsvetana Paraskova

Just a few days after Libya reopened its eastern oil ports and started to ramp up production that had been offline for weeks, production at one of the country’s largest…

Russia Plans $50 Billion Investment In Iran’s Oil, Gas Industry

Russia Plans $50 Billion Investment In Iran’s Oil, Gas Industry

Jul 13, 2018 at 17:12 | Tsvetana Paraskova

Russia is getting ready to invest US$50 billion in Iran’s oil and gas industry as the two countries continue to seek closer ties, just as the United States is…

Aker BP: Norway Oil Strike Would Hit Production If It Lasts A Month

Aker BP: Norway Oil Strike Would Hit Production If It Lasts A Month

Jul 13, 2018 at 17:05 | Tsvetana Paraskova

Norway’s ongoing oil workers’ strike—currently in its fourth day and is set to worsen next week—would have to drag on for around a month for it to affect oil…

Kurds In Syria Share Oil With Government As Part Of A Deal

Kurds In Syria Share Oil With Government As Part Of A Deal

Jul 13, 2018 at 15:55 | Tsvetana Paraskova

Kurds in Syria are sharing part of the oil pumped at oil fields with the Syrian government under a recently signed deal that is working, Russian news outlet Sputnik

Chevron’s Stock Rebounds After Turbulent Week

Chevron’s Stock Rebounds After Turbulent Week

Jul 13, 2018 at 13:23 | Julianne Geiger

Chevron Corporation’s (NYSE:CVX) stock fell sharply on Wednesday as an Ecuadorian court upheld a multi-billion dollar judgement against the oil giant. Since then the U.S. oil major saw its…

U.S. To Slap Sanctions On All Iranian Oil Buyers

U.S. To Slap Sanctions On All Iranian Oil Buyers

Jul 13, 2018 at 12:55 | Tsvetana Paraskova

The United States intends to impose sanctions on all customers of Iranian oil, including China, the EU, and Russia, Treasury Secretary Steven Mnuchin said on Thursday, signaling that the…

A World-First: Ireland Plans To Exit Fossil Fuel Investments Entirely

A World-First: Ireland Plans To Exit Fossil Fuel Investments Entirely

Jul 13, 2018 at 11:45 | Irina Slav

Ireland could become the first country in the world to quit fossil fuel investments completely, after the Fossil Fuel Divestment bill was passed by the country’s lower house, the Dáil…

Puerto Rico Utility Board Resigns

Puerto Rico Utility Board Resigns

Jul 13, 2018 at 10:59 | Irina Slav

Five of the seven members of the Puerto Rico utility board resigned yesterday amid a huge restructuring following the severe damage the country suffered from Hurricane Maria, Reuters reports,…

U.S. Asks UN To Stop Oil Products To North Korea Immediately

U.S. Asks UN To Stop Oil Products To North Korea Immediately

Jul 13, 2018 at 08:41 | Tsvetana Paraskova

The United States has asked the UN Security Council to impose an immediate stop to all shipments of refined oil products to North Korea, after finding that Kim Jong-un’s regime…

Savannah Petroleum Makes Third Oil Discovery In Niger

Savannah Petroleum Makes Third Oil Discovery In Niger

Jul 12, 2018 at 16:02 | Tsvetana Paraskova

UK-based independent oil and gas company Savannah Petroleum has made a third oil discovery in Niger in as many months and is extending its drilling…

Tesla’s U.S. Tax Credit Set To Come To An End

Tesla’s U.S. Tax Credit Set To Come To An End

Jul 12, 2018 at 13:36 | Tsvetana Paraskova

Tesla has delivered 200,000 vehicles in the United States, exceeding the threshold above which federal tax credits for EVs start to phase out, a spokesperson for Tesla said on Thursday—and…

Police End Protests At Iraq’s Southern Oil Fields

Police End Protests At Iraq’s Southern Oil Fields

Jul 12, 2018 at 13:34 | Tsvetana Paraskova

Iraqi police have managed to impose control over protesters at some of Iraq’s biggest oil fields in the south, who had been demanding that companies running the fields hire local…

Iran Assures India It Will Supply Enough Oil

Iran Assures India It Will Supply Enough Oil

Jul 12, 2018 at 10:48 | Irina Slav

Iran will take care to supply India with all the oil it needs, the country’s embassy in India said, a day after deputy ambassador threatened India that Iran could…

Iran Reports 36% Drop In Gasoline Imports In Q1

Iran Reports 36% Drop In Gasoline Imports In Q1

Jul 12, 2018 at 09:47 | Irina Slav

Iran imported 36 percent less gasoline than a year earlier during the first quarter of the Iranian year beginning on March 21 in what may well be a signal the…

Canada’s Oil Producers Optimistic On Overcoming Takeaway Constraints

Canada’s Oil Producers Optimistic On Overcoming Takeaway Constraints

Jul 11, 2018 at 17:20 | Tsvetana Paraskova

Despite the severe discount of Canadian oil to U.S. oil due to transportation bottlenecks, some of the largest Canadian oil producers are optimistic that they will be able to overcome…

Saudi Arabia Boosted Oil Production By 400,000 Bpd In June

Saudi Arabia Boosted Oil Production By 400,000 Bpd In June

Jul 11, 2018 at 15:44 | Tsvetana Paraskova

Saudi Arabia had opened the taps even before OPEC and Russia agreed at the end of June to ease the production cuts to respond to the high oil prices and…

U.S., Saudi Arabia Discuss Keeping Oil Market Supplied After Iran Sanctions

U.S., Saudi Arabia Discuss Keeping Oil Market Supplied After Iran Sanctions

Jul 11, 2018 at 14:55 | Tsvetana Paraskova

U.S. State Department officials have visited Saudi Arabia to coordinate stronger pressure on Iran and discuss ways to ensure that the oil market is well-supplied after U.S. sanctions on Iran’s…

Argentina Affirms Liberalization Of Fuels Market

Argentina Affirms Liberalization Of Fuels Market

Jul 11, 2018 at 11:42 | Jeremy Martin

Directly answering a question during an interview in a local media program about the issue of fuels market and pricing, newly-installed Energy Minister Javier Iguacel said: “There is no restriction.…

State Department Hints Iran Sanction Waivers Possible

State Department Hints Iran Sanction Waivers Possible

Jul 11, 2018 at 10:09 | Irina Slav

Some countries might get waivers to continue importing crude oil from Iran, Secretary of State Mike Pompeo has suggested. Speaking during an interview with Sky News Arabia, the top U.S.…

India Cuts Iran Oil Imports Sharply In June

India Cuts Iran Oil Imports Sharply In June

Jul 11, 2018 at 09:06 | Irina Slav

Iranian crude oil imports into India fell by 15.9 percent in June from May, or to 592,800 bpd from more than 705,000 bpd in the previous month, Reuters reports,…

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