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Why $50 Oil Is Here To Stay

May 26, 2016 at 16:03

Now that oil prices have rebounded to $50 per barrel, will U.S. shale drillers turn the taps back on? That is the million dollar question that the oil…

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Why Canada’s Oil Sand Producers Will Recover Quickly From The Wildfires

May 26, 2016 at 15:41

Canada’s oil sands producers in the Fort McMurray region are watching the weather to determine if and when they can move the necessary people back to their operations…

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Why The Bust For Offshore Drillers Might Last Another 2 Years

May 26, 2016 at 15:30

Statoil cancelled a contract for a drillship with Seadrill, which it had intended to use for drilling operations in the Atlantic, near Newfoundland. The cancellation is the…

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5 Crazy Energy Ideas

May 26, 2016 at 15:17

Renewable power is still the scrappy newcomer in the energy space – untested, green, and a minor presence overall, but exciting and shaking up the world nonetheless. Nothing…

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The Consequences Of $50 Oil

May 26, 2016 at 14:04

On Thursday Brent crude rose above $50 while the WTI rose to $49.85. The rise in prices came after the EIA reported a dramatic fall in…

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Clinton Chasing Votes With Fracking U-Turn

May 26, 2016 at 13:37

Leaked emails obtained by The Intercept reveal Hillary Clinton’s multiple stances on fracking—which apparently differ depending on whether we’re talking about fracking on U.S. soil or abroad. At…

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How Fast Can Solar And Wind Grow

May 26, 2016 at 12:56

Wind and solar energy consumption have grown quickly from 1994 to 2014. Based on data from BP’s Statistical Review of World Energy 2015 the growth rate has been…

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Oil Hits $50, But Can It Maintain Its Gains?

May 26, 2016 at 11:34

For the first time in over six months oil prices rose to $50 per barrel. Brent crude moved up to $50.19 during morning trading on May 26, the…

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Depreciating Dollar Sees Crude Climb To 7-Month High

May 26, 2016 at 11:19

One-hundred and nine years after the birth of John Wayne, and oil is shootin’ from the hip today, with both Brent and WTI taking a shot at fifty…

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Niger Delta Militants Take Entire Chevron Terminal Offline

May 26, 2016 at 10:06

According to Nigerian media, militants used explosives to blow up the Escravos terminals main electricity feed pipeline, rendering the terminal inoperable. Reuters has also reported that it has…

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