• 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
  • 1 hour Could Someone Give Me Insights on the Future of Renewable Energy?
  • 4 mins How Far Have We Really Gotten With Alternative Energy
  • 2 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)
  • 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.
China Is Winning The Race for Affordable EVs

China Is Winning The Race for Affordable EVs

While U.S. and European automakers…

Nigeria To Launch Crude Trading at its Commodity Exchange

Nigeria To Launch Crude Trading at its Commodity Exchange

Africa’s biggest oil producer, Nigeria,…

News

IEA: Clean Energy Tech Falling Short Of Climate Goals

IEA: Clean Energy Tech Falling Short Of Climate Goals

May 23, 2018 at 12:55 | Tsvetana Paraskova

Most clean-energy technologies are not on track to meet the world’s long-term climate goals, make energy universally accessible, and significantly lower air pollution, with just 4 out of 38 techs…

China Set To Import More LNG From U.S.

China Set To Import More LNG From U.S.

May 23, 2018 at 11:53 | Irina Slav

China will take in more natural gas from the United States to satisfy growing domestic demand, a Chinese consultancy has said amid trade talks between Washington and Beijing seeking to…

B.C. Sues Alberta Over ‘Turn-Off-Fuel-Tap’ Legislation

B.C. Sues Alberta Over ‘Turn-Off-Fuel-Tap’ Legislation

May 23, 2018 at 10:51 | Tsvetana Paraskova

The bitter dispute over the expansion of the Trans Mountain crude oil pipeline between British Columbia and Alberta took another legal turn for the worse on Tuesday after B.C.

Two Mexican Firms Sign First Deal Without Pemex

Two Mexican Firms Sign First Deal Without Pemex

May 23, 2018 at 10:06 | Irina Slav

Two Mexican oil companies have signed the first oilfield operation deal without the participation of state energy major Pemex, Bloomberg reports. The companies are Mexico’s first listed oil producer,…

Tesla Set To Win Big As China Slashes Car Import Tariffs

Tesla Set To Win Big As China Slashes Car Import Tariffs

May 23, 2018 at 09:20 | Tsvetana Paraskova

Amid easing of tensions in the U.S.-China trade dispute, China is slashing its import tariffs on cars and car parts from July 1 in what could be a boon to…

Crude Prices Suppressed As API Reports Gasoline Build

Crude Prices Suppressed As API Reports Gasoline Build

May 22, 2018 at 15:49 | Julianne Geiger

As the price of Brent Crude hovers near the $80 mark, the American Petroleum Institute (API) reported a draw of 1.3 million barrels of United States crude oil inventories for…

Santos Rejects U.S. Harbour Energy $10.9B Takeover Bid

Santos Rejects U.S. Harbour Energy $10.9B Takeover Bid

May 22, 2018 at 14:01 | Tsvetana Paraskova

Australia’s oil and gas producer Santos rejected on Tuesday the best and final US$10.9-billion (AUS$14.4 billion) takeover offer from U.S. Harbour Energy, saying that it undervalues the Australian…

Carbon Tracker: Oil Majors Inconsistent In Climate Risk Reporting

Carbon Tracker: Oil Majors Inconsistent In Climate Risk Reporting

May 22, 2018 at 13:01 | Tsvetana Paraskova

The world’s largest oil and gas companies often report a range of internal and proprietary climate scenarios, making it difficult to compare across the sector, non-profit think tank Carbon Tracker…

BP Funds Fast-Charging Battery Maker

BP Funds Fast-Charging Battery Maker

May 22, 2018 at 12:34 | Irina Slav

BP Ventures has provided US$20 million in funding to an Israeli startup that makes ultrafast-charging batteries, which aims to make it possible for electric cars to charge in just five…

BP Suspends Work On Gas Field Shared With Iran

BP Suspends Work On Gas Field Shared With Iran

May 22, 2018 at 10:33 | Irina Slav

BP has stopped work on the Rhum gas field in the North Sea, which it has a 50-percent stake in, sharing it with the National Iranian Oil Company. The…

Kenya Removes Roadblock For Oil Industry Development

Kenya Removes Roadblock For Oil Industry Development

May 22, 2018 at 09:43 | Irina Slav

The Kenyan government and local lawmakers from the oil-rich Turkana region reached an agreement on the distribution of oil revenues that was preventing the country from beginning the development of…

China CEFC Unit Defaults After Failed Rosneft Stake Acquisition

China CEFC Unit Defaults After Failed Rosneft Stake Acquisition

May 21, 2018 at 17:17 | Tsvetana Paraskova

CEFC Shanghai International Group—a subsidiary of China CEFC Energy whose deal to buy 14 percent in Rosneft for US$9 billion collapsed earlier this month—said on Monday that it had

China To Drive Electric Vehicles Sales Surge

China To Drive Electric Vehicles Sales Surge

May 21, 2018 at 17:02 | Tsvetana Paraskova

More than half of new car sales in the world will be electric vehicles (EVs) in 2040, with one-third of the global car fleet then consisting of electric cars, according…

Glencore Could Beat Sinopec To $1B Chevron South African Deal

Glencore Could Beat Sinopec To $1B Chevron South African Deal

May 21, 2018 at 15:48 | Tsvetana Paraskova

Switzerland-based miner and commodity trader Glencore is nearing a US$1-billion deal to buy the South African assets of Chevron, possibly upsetting an earlier agreement between the U.S. supermajor and China’s…

Key Oil Industry Figures To Discuss OPEC Policy, Sanctions This Week

Key Oil Industry Figures To Discuss OPEC Policy, Sanctions This Week

May 21, 2018 at 14:17 | Tsvetana Paraskova

Key oil ministers and company executives will gather in Russia later this week for the St. Petersburg International Economic Forum, and expectations are that the business meeting will provide the…

Russia May Explore Crimea Gas Resources

Russia May Explore Crimea Gas Resources

May 21, 2018 at 13:16 | Irina Slav

Russia should explore the Crimean continental shelf for natural gas, the head of the Russian Academy of Sciences told RIA Novosti during a three-day visit on the peninsula. “The…

PetroChina Lifts Gas Supplies In April

PetroChina Lifts Gas Supplies In April

May 21, 2018 at 11:31 | Irina Slav

PetroChina supplied 14 percent more natural gas to its customers last month, parent CNPC said, in response to growing demand. Over the first four months of the year, PetroChina…

Tesla Shares Up As Musk Unveils Tesla’s Dual-Motor All-Wheel Model 3

Tesla Shares Up As Musk Unveils Tesla’s Dual-Motor All-Wheel Model 3

May 21, 2018 at 09:53 | Tsvetana Paraskova

Tesla (NASDAQ:TSLA) shares were pointing to a positive opening on Monday after Elon Musk tweeted over the weekend that a dual motor, all-wheel drive performance Model 3 will…

Investors With $10.4 Trillion Assets Urge Big Oil To Tackle Climate Change

Investors With $10.4 Trillion Assets Urge Big Oil To Tackle Climate Change

May 18, 2018 at 16:18 | Tsvetana Paraskova

Large global investors—representing a combined US$10.4 trillion worth of assets under management—urged oil and gas companies on Friday to start acting responsibly in tackling climate change, putting pressure on Big…

B.C. Businesses, First Nations Side With Alberta On Trans Mountain

B.C. Businesses, First Nations Side With Alberta On Trans Mountain

May 18, 2018 at 16:18 | Irina Slav

A delegation including almost a hundred businesses from British Columbia as well as labor union and Aboriginal community leaders are visiting Edmonton to demonstrate their support for the expansion…

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