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Breaking News:

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Bouncing back from 2020’s COVID-19…

Energy

The War For Control Of Mexico’s Energy Industry

Apr 19, 2021 at 13:06 | Global Risk Insights

Mexico’s Energy Laws Since 1960, Mexico’s energy sector has largely been dominated by the federal government. However, important changes occurred in 2013 and 2014 when then-President Enrique Peña…

Iran Says It Welcomes Talks With Saudi Arabia

Apr 19, 2021 at 12:01 | Tsvetana Paraskova

Iran welcomed on Monday the idea of talks with its regional rival Saudi Arabia, amid reports that the two Gulf powers were directly talking about bilateral relations and hopes that…

Oil Prices Rise On Weaker U.S. Dollar

Apr 19, 2021 at 11:00 | Tsvetana Paraskova

Following a 6-percent weekly gain last week, oil prices were slightly up on Monday morning, erasing earlier losses as the U.S. dollar weakened again. As of 10:39 a.m. EDT on…

China's Oil Buying Frenzy May End This Month

Apr 19, 2021 at 10:02 | Tsvetana Paraskova

Higher Chinese crude oil imports and increased domestic production led to a jump in crude volumes directed to storage in the world’s top oil importer in March, according to calculations…

Why Libya’s Oil Production Could Drop This Week

Apr 19, 2021 at 09:09 | Tsvetana Paraskova

Libya’s crude oil production, which has stabilized in recent months at just over 1.2 million barrels per day (bpd), could drop in the coming days and possibly weeks after a…

The Best Is Yet To Come For The World’s Hottest Oil Play

Apr 19, 2021 at 08:03 | James Stafford

By now, those of you who read about my top New Year’s stock pick, Recon Africa, will have learned that this small-cap explorer may have just moved one giant step…

How To Play The $2.6 Trillion Clean Energy Investment Boom

Apr 16, 2021 at 17:36 | Rex Everett

The money is starting to pour into clean energy from all corners as the energy transition emerges as a wildly lucrative opportunity rather than simply a threat to…

Why Iran’s Return To Oil Markets Isn’t A Major Threat

Apr 16, 2021 at 17:31 | Cyril Widdershoven

The ongoing JCPOA discussions, involving European countries, Russia, Iran, and, on the sidelines, the U.S., are being watched by international oil markets with trepidation. The possibility of Washington…

2021 Will Be Another Disastrous Year For Colombia’s Oil Industry

Apr 16, 2021 at 17:28 | Matthew Smith

The COVID-19 pandemic has hit Colombia and its economy, including the vital energy sector, particularly hard. After implementing one of the world’s longest pandemic lockdowns during 2020, which…

Oil And Gas Bankruptcies Jump Despite Rise In Crude Prices

Apr 16, 2021 at 17:27 | Alex Kimani

The oil and gas sector is currently enjoying a mini-boom cycle as economies gradually re-open and oil demand begins to return to a semblance of normalcy. The oil…

Why Gasoline Prices Often Rise In Spring

Apr 16, 2021 at 17:27 | Robert Rapier

Although it wasn’t strongly emphasized in the recent discussions on the rise in gasoline prices, those prices to rise nearly every spring. But why does…

Renewables Dominate The Headlines, But Oil And Gas Remain King

Apr 16, 2021 at 17:24 | Irina Slav

The transition to a global energy system that runs on renewable energy rather than finite and dirty coal, oil, and gas is arguably the number-one topic in the…

Global Oil Demand Boosted By Strong Road Fuel Consumption

Apr 16, 2021 at 17:22 | Rystad Energy

Rystad Energy’s comprehensive Covid-19 monthly report calculates the effect of the pandemic on our lives and offers updated estimates for global energy markets.

Are Bitcoin’s Environmental Risks Overblown?

Apr 16, 2021 at 17:22 | Haley Zaremba

Bitcoin and other cryptocurrencies have received a lot of negative attention in recent months and years for their absolutely staggering energy consumption. Bitcoin alone consumes approximately the same…

China’s Shale Gas Industry Is Finally Taking Off

Apr 16, 2021 at 17:21 | Tatiana Serova

During the first two months of 2021, the Chinese oil and gas giant Sinopec managed to bring 28 new shale gas wells on stream in the country. The…

Saudi Aramco Restarts Projects To Boost Oil Production Capacity

Apr 16, 2021 at 13:42 | Tsvetana Paraskova

The world’s largest oil company and biggest oil exporter, Saudi Aramco, has resumed tendering and development work on major offshore oil expansion projects that would give Saudi Arabia another 1.15…

Oil Demand Is Finally Bouncing Back

Apr 16, 2021 at 12:45 | Tom Kool

Oil demand is finally bouncing back despite the fact that Covid cases are rising and additional travel restrictions have been put in place.For…

U.S. Rig Count Increases As Oil Prices Hold Above $60

Apr 16, 2021 at 12:17 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 7 this week, bringing the total rig count to 439. Last…

Russia: OPEC+ To Gradually Ease Production Cuts In May-July

Apr 16, 2021 at 11:08 | Tsvetana Paraskova

The OPEC+ alliance will gradually ease the collective production cuts between May and July, as the ministers agreed earlier this month, Russia’s Deputy Prime Minister Alexander Novak told reporters on…

U.S. Oil Bankruptcies Shoot Up In Q1 2021

Apr 16, 2021 at 10:01 | Tsvetana Paraskova

The number of North American producers that filed for bankruptcy protection in the first quarter of 2021 reached the highest number for a first quarter since 2016, yet the wave…

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