Article Archive | Page 910

Nov 13, 2018 at 16:46

Global oil demand will peak by 2040, according to a new report, although oil supply shortages could emerge before then. The International Energy Agency (IEA) published its highly-anticipated World…

Nov 13, 2018 at 16:24

At the end of this month, on November 30, the sun will set for the very last time over a PRI and PAN presidential reign that has lasted for more…

Nov 13, 2018 at 15:58

Seven billion dollars—this is the sum that oil producers could save annually if they take advantage of all digital capabilities made available to them by a technology industry that’s been…

Nov 13, 2018 at 14:37

In most of the industrialized world, nuclear energy has lost its appeal due to, among other reasons, the disaster at Fukushima in 2011. Few countries have ordered new plants to…

Nov 13, 2018 at 13:40

One of the large Canadian oil producers, Cenovus Energy, is calling upon the government of Alberta to mandate temporary production cuts at all drillers in a bid to ease…

Nov 13, 2018 at 13:07

Oil markets are looking increasingly oversupplied, and crude prices are beginning to reflect some analysts' biggest fears.  (Click to enlarge)

Nov 13, 2018 at 11:03

Brazil’s new far-right President elect Jair Bolsonaro, dubbed in some circles as the “Trump of the tropics”, has huge plans in store for Brazilian crude. His energy team is planning…

Nov 13, 2018 at 10:45

Canadian oil prices briefly plunged as low as $15 per barrel last week, after a U.S. federal judge blocked the construction of the Keystone XL pipeline. Canada’s oil industry…

Nov 13, 2018 at 09:31

Crude oil production outside the Organization of Petroleum Exporting Countries is set for further—and more intensive—growth this year and next, according to the latest monthly report of the cartel.…

Nov 12, 2018 at 17:14

Saudi Arabia is moving quickly to halt the slide in oil prices, telegraphing a production cut intended to erase some of the re-emerging supply surplus. Saudi oil minister Khalid al-Falih…

Nov 12, 2018 at 16:56

We entered the fourth quarter of 2018 with some anticipation. Driving this was the advent of complete sanctions imposed by the American government on Iran. The arrival of these sanctions…

Nov 12, 2018 at 16:25

China imported a record-high volume of crude oil in October, beating the previous all-time high set in April this year. The oil market, gripped by a strong bearish sentiment…

Nov 12, 2018 at 14:12

Russian oil exporters are pressuring Western commodity traders to pay for Russian crude in euros and not dollars as Washington prepares more sanctions for the 2014 annexation of Crimea…

Nov 12, 2018 at 13:06

I know what you think – such a headline is quite reckless given that Guyana has not produced any oil so far and it is not until 2020 that we…

Nov 12, 2018 at 12:48

The potential for more tensions in relations between the U.S. and Russia continue to mount. Late last week, U.S. Energy Secretary Rick Perry said that Washington could still impose…

Nov 12, 2018 at 10:48

Saudi Aramco’s initial public offering (IPO) will take place, but probably in 2021, depending on market conditions and only after the acquisition of a majority stake in petrochemicals company…

Nov 12, 2018 at 10:40

Iran’s army is ready to protect its commercial fleet, including crude oil tankers, from any threats, a senior Iranian military commander said on Monday, in an apparent response to…

Nov 12, 2018 at 09:19

Less than two months after Khalid al-Falih’s assurances that Saudi Arabia will produce and export enough oil to keep prices steady, the Kingdom’s Energy Minister has said that exports would…

Nov 09, 2018 at 17:17

WTI dipped below $60 per barrel in early trading on Friday, the lowest price level in nearly a year. With prices down more than 20 percent from the October peak,…

Nov 09, 2018 at 17:09

Last week, I wrote that I expected a bounce in crude before long, and as WTI has continued to fall the trolls have had a field day, pointing out that…