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Article Archive | Page 1121

Is The U.S. Getting Left Behind In The Renewable Race?

May 25, 2017 at 15:13

Climate change is the cost of burning capital that cannot be replaced. The best thing about switching over to renewable energy is that the world will no longer be burning…

Europe Joins Race For Cheaper Batteries With New Gigafactory

May 25, 2017 at 15:00

Everybody is making batteries these days, it seems. The EV revolution is coming, and as none other than Glencore’s Ivan Glasenberg said last week, it’s coming faster than we had…

UAE Gains Edge In $165 Billion Caspian Oil & Gas Market

May 25, 2017 at 14:42

The United Arab Emirates has spearheaded the Gulf Cooperation Council (GCC) initiative to increase its presence in the Caspian Sea nations—Kazakhstan, Azerbaijan and Turkmenistan - all petrostates still suffering from…

What Is Behind The Surge Of Russian Oil Exports To India?

May 25, 2017 at 13:11

In the first five months of 2017, Indian companies have purchased more than 1 million tons of Russian crude supplied from Black Sea ports. In and of itself, there…

Oil Crashes To $48 Handle As Iran Says It Won’t Cut Output

May 25, 2017 at 13:08

Iran’s current crude oil output level will not be reduced under the extension of the OPEC production cuts, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Thursday. “Iran’s…

Unveiled: Venezuela, Syria’s Secret Scheme To Bypass Oil Sanctions

May 25, 2017 at 10:45

A Bloomberg investigation has uncovered a plan by Venezuela and Syria to circumvent Western sanctions on the Middle Eastern nation and ship its crude oil to Aruba to refine it…

Is This Top 10 Mining Destination Turning Negative For Investment?

May 25, 2017 at 10:27

Australia’s southern state of Victoria took a big step to support mining exploration this week. Handing out A$1.2 million in grants to support exploration and development at five projects…

Oil Prices Slip On OPEC Deal Disappointment

May 25, 2017 at 09:37

As OPEC's latest meeting concludes in Vienna, just a glimpse at the charts below helps explain why the cartel's production cut deal has been extended for another nine months: it…

Goldman: Oil Glut To Return When OPEC Deal Expires

May 24, 2017 at 15:43

OPEC is about to extend its production cuts for another nine months in an effort to bring the oil market back into balance. Keeping in place the 1.2 million barrels…

Will This Miracle Material End All Energy Storage Problems?

May 24, 2017 at 15:36

It’s the thinnest material known to man—1 million times thinner than a human hair. It’s the world’s first 2D material, and it’s ultra light and transparent. It’s 200 times stronger…

Does The U.S. Still Need A Strategic Petroleum Reserve?

May 24, 2017 at 13:28

President Donald Trump released his official budget proposal this week, a plan that includes the sale of a significant chunk of the U.S. Strategic Petroleum Reserve. The blueprint proposes beginning…

Plasma Jet Engines: Is Flying At 20Km Per Second Possible?

May 24, 2017 at 13:27

Those who watched The Space Between Us would surely have a fresh memory of the plane that Gary Oldman’s character flew from the ground into space. The plane probably used…

Is China’s Oil Demand Growth About To Plummet?

May 24, 2017 at 13:26

When OPEC sits down on Thursday, keeping the price of Brent above $50 (to avoid a budget catastrophe and social upheaval in Saudi Arabia) and below $60 (to prevent US…

Can Private Investment Turn Mexico’s Ailing Oil Industry Around?

May 24, 2017 at 13:18

Five years after Mexican President Enrique Peña Nieto made campaign promises to open his country’s oil reserves to foreign interests, a private well been has drilled in Mexico for the…

China Opens Up To Foreign Investment In Oil Sector

May 24, 2017 at 12:24

China has said it will allow private companies to invest in the country’s oil and gas storage sector, the government said in a document laying out changes it plans to…

OPEC Monitoring Committee Proposes Nine-Month Extension

May 24, 2017 at 11:29

In the end, the OPEC Vienna meeting - which technically won't conclude until tomorrow - was anticlimatic, with the recommendation by Joint OPEC-Non-OPEC Ministerial Monitoring Committee in line with what…

Private Equity Employs Unusual New Strategy In Oil & Gas

May 24, 2017 at 10:35

I’ve written a lot recently about the surge in private equity for natural resources. With PE firms in the energy space being particularly dominant — holding an estimated $156…

Oil Prices Spike On Strong Crude Inventory Draw

May 24, 2017 at 09:47

A day before OPEC’s meeting in Vienna, where the cartel should announce officially the nine-month extension to its crude oil production cut deal, the Energy Information Administration added to optimism…

Iraq Could Make Or Break The OPEC Deal

May 23, 2017 at 15:53

The markets are betting that the OPEC extension is all but guaranteed after Saudi Arabia and Russia announced their intention to support a nine-month extension. Saudi energy minister Khalid al-Falih…

Saudi Finance Minister: “I Wouldn't Care If The Oil Price Is Zero"

May 23, 2017 at 15:45

The Saudi Deputy Crown Prince Mohammed bin Salman unveiled the nation’s ambitious “Vision 2030” in an interview with Al-Arabiya in April. The roadmap lays out a wide variety of economic…

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