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Energy

The World’s Most Vulnerable Oil

The World’s Most Vulnerable Oil

Nov 13, 2019 at 16:33 | Julianne Geiger

A single drone missile can wreak as much havoc on the oil markets as a world war at this point. If one already obvious point was hit home on September…

Oil Giant Stoically Refuses To Pay Ransom

Oil Giant Stoically Refuses To Pay Ransom

Nov 13, 2019 at 15:24 | Julianne Geiger

Mexico’s state-run Pemex has no intention of paying the ransom that cyber attackers have requested, Mexico’s Energy Minister and Pemex board chairman Rocio Nahle said on Wednesday, according to Reuters.…

The Science Behind Detecting A Wormhole

The Science Behind Detecting A Wormhole

Nov 13, 2019 at 13:15 | Irina Slav

Wormholes: the modern-day equivalent of the Philosopher’s stone, a concept that has captured the imagination of millions of sci-fi fans and has appeared in multiple films and novels. Alas, all…

Top U.S. Gas Producer Looks To Ditch Major Shale Assets

Top U.S. Gas Producer Looks To Ditch Major Shale Assets

Nov 13, 2019 at 13:01 | Tsvetana Paraskova

Leading Haynesville basin producer Comstock Resources is in discussions to buy the Haynesville assets of Chesapeake Energy in Louisiana, Reuters reported on Wednesday, citing people with knowledge of the…

The $75 Billion Indicator That Might Reveal Aramco’s True Value

The $75 Billion Indicator That Might Reveal Aramco’s True Value

Nov 13, 2019 at 12:31 | Robert Rapier

Last week Saudi Arabia’s national oil company Aramco announced its intention to publicly offer shares on the Riyadh stock exchange. The IPO has been pending for several years, but

Four Ways Oil Has Made Our Lives Better

Four Ways Oil Has Made Our Lives Better

Nov 13, 2019 at 11:56 | Irina Slav

The world’s most heavily traded commodity has been charged with climate change and found guilty both in the court of public opinion and in climate science circles,…

The World’s Newest Oil Benchmark

The World’s Newest Oil Benchmark

Nov 13, 2019 at 11:19 | Editorial Dept

This week has witnessed a great flurry of news regarding the creation of a new Middle Eastern benchmark from the UAE flagship crude Murban. Intercontinental Exchange stated it will list…

Another Trade War Threat Emerges

Another Trade War Threat Emerges

Nov 13, 2019 at 11:17 | Editorial Dept

What Does Hong Kong Have To Do With Oil Prices? Nothing moves oil up or down right now like the U.S.-China trade war, and what is happening in Hong Kong…

Why Isn’t Winter Pushing LNG Prices Higher?

Why Isn’t Winter Pushing LNG Prices Higher?

Nov 13, 2019 at 11:16 | Ross McCracken

Spot LNG prices in Asia-Pacific are hovering around the $6/MMBtu level at a time when seasonal winter demand usually pushes them higher. The reason is not hard to see –…

Trade Deal Might Not Spark Major Oil Rally

Trade Deal Might Not Spark Major Oil Rally

Nov 13, 2019 at 11:14 | Editorial Dept

Crude oil markets came under pressure this week as Saudi Arabia reported a full production rebound in October and traders grew impatient over progress on a US/China trade deal. Like…

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