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Article Archive | Page 4

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Iceland Geothermal Project Completes Deep Drilling In Volcano

Apr 25, 2017 at 15:32

Geologists and engineers have successfully drilled into the heart of a volcano in Iceland, as part of a project aimed at assessing the economic feasibility of using deep unconventional geothermal…

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Mexico Looks Overseas For New Oil Export Destinations

Apr 25, 2017 at 15:24

Two weeks ago, Mexican crude oil exports to the U.S. saw a 43 percent weekly drop to 290,000 bpd, versus a 52-week average of 561,000 bpd. The sharp drop…

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Aramco Insiders Suggest The Company May Not Be Worth $2 Trillion

Apr 25, 2017 at 15:18

As Saudi Arabia's deputy crown prince, Mohammad bin Salman Al Saud, pushes his nation's Vision 2030 economic overhaul and crows of the $2 trillion Saudi Aramco valuation (ahead of its…

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Will Russia Join The OPEC Cut Extension?

Apr 25, 2017 at 14:10

As the global oil supply glut grows, Russia has not yet climbed on board of OPEC's production cut agreement extension.   (Click to enlarge)  

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Will Libya’s Production Rebound As Its Largest Oil Field Re-Opens?

Apr 25, 2017 at 13:14

Libya’s biggest oil field, Sharara, which has been offline for most of the past month, is set to reopen after the Petroleum Facilities Guard (PFG) reached an agreement with protesters…

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OPEC’s No.2 Plans Significant Raise In Crude Output Next Year

Apr 25, 2017 at 11:20

Iraq has started work on the third and final phase of the Halfaya oil field expansion, with the goal to double production capacity next year, a company official at the…

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Barents Sea Oil Reserves Twice As Big As Previously Thought

Apr 25, 2017 at 09:56

The Norwegian Petroleum Directorate (NPD) said on Tuesday that its latest estimates show that the undiscovered oil and gas resources in the Barents Sea are twice as large as…

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This South African Gold Miner Just Declared War On Illegal Miners

Apr 25, 2017 at 09:48

Small-scale mining is a growing issue across Africa. With regulators in Ghana this week making their first moves to shut down artisanal operations — part of an emerging campaign…

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5 Mining Stocks To Watch As Commodity Prices Surge

Apr 24, 2017 at 17:15

Precious and industrial metals have rallied as the dollar dives and global chaos rules the day. So, if you have stayed away from mining this year, it’s time to rethink…

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The Bullish Case For Oil Is Fading Fast

Apr 24, 2017 at 15:30

Oil prices took another dip on Monday, and with WTI down to $49 per barrel, crude oil has given up most of the gains that it had made so far…

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