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Soaring Natural Gas Prices Could Lift Oil Demand

Soaring Natural Gas Prices Could Lift Oil Demand

The current shortage of natural…

Russian Oil Exports Under Fire As Iraq Slashes Prices

Russian Oil Exports Under Fire As Iraq Slashes Prices

The price of Russia’s flagship…

Energy

U.S. Shale Is Finally Ready To Drill

Sep 24, 2021 at 17:39 | Irina Slav

U.S. shale producers have behaved in an exemplary way in the past year. It wasn’t something the industry wanted to do. It was something it was forced to…

Nigeria Doubles Down On Oil After Years Of Trouble

Sep 24, 2021 at 15:15 | Felicity Bradstock

After months of stalling because of Covid restrictions and OPEC cuts, as well as significant international criticism over misplaced funds, Nigeria appears to be optimistic about the future…

U.S. Oil Rig Count Jumps As Crude Prices Near 3-Year High

Sep 24, 2021 at 12:15 | Julianne Geiger

The number of oil and gas rigs in the United States rose by 9 again this week, according to Baker Hughes The total rig count is now 521, up 260…

Oil Prices Continue To Climb On Supply Disruptions

Sep 24, 2021 at 11:31 | Josh Owens

Oil prices are heading for another weekly gain as supply disruptions led to tighter supply. The risk of traders taking profits, however, could push prices lower.  

Oil Prices Face New Risks After A Remarkable Rally

Sep 24, 2021 at 11:30 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are edging lower on Friday, but still holding on to their weekly gains. The price action suggests profit-taking is taking place ahead of…

An Unstoppable Natural Gas Rally

Sep 24, 2021 at 11:28 | Editorial Dept

1. Oil Supply Disruptions Set To Ease- With September seeing crude supply disruptions across continents,…

Lebanon Clashes With Israel Over Gas Exploration

Sep 24, 2021 at 11:24 | Editorial Dept

Geopolitics & Conflict Lebanon, in full crisis mode, has rejected Israeli gas exploration in a disputed area in the Levant Basin. Israel has already signed a contract for exploration with…

U.S. Energy Exports Exceed Imports For The First Time Ever

Sep 24, 2021 at 11:21 | Editorial Dept

The U.S. might have a trade deficit overall, but when it comes to energy, trade is in surplus land for the first time - ever.  A…

Gazprom: We're Not Withholding Gas To Europe

Sep 24, 2021 at 09:58 | Charles Kennedy

Russian gas giant Gazprom dismisses speculation and accusations that it is not supplying enough natural gas via pipeline to Europe, a senior official at Gazprom Export says. So far in…

Oil Prices Set For Another Weekly Gain As Supply Tightens

Sep 24, 2021 at 09:50 | Tsvetana Paraskova

Oil prices were slightly up early on Friday, headed to a third straight week of gains, as U.S. crude inventories dropped to a three-year low and as surging natural gas…

World's Largest Oil Trader Sees Oil Topping $80 By Year-End

Sep 24, 2021 at 09:02 | Irina Slav

Crude oil prices could rise to $80 per barrel by the end of this year and even top it, Vitol Group’s chief executive Russell Hardy told Bloomberg in an…

Baker Hughes’ CEO Warns Of Three Hard Truths About The Energy Transition

Sep 23, 2021 at 17:36 | Irina Slav

Fossil fuels are here to stay. This is the message one oilfield major CEO had for those watching the surge of gas prices in Europe, some with trepidation,…

5 Chinese Energy Stocks To Watch As Its Tech Boom Fizzles

Sep 23, 2021 at 14:36 | Alex Kimani

The current year has seen a massive wave of regulatory pressure by the Chinese government on key strategic sectors of its economy. Beijing has tightened regulatory scrutiny on…

Hydrogen Fueled Cars Are Making A Comeback

Sep 23, 2021 at 14:09 | Felicity Bradstock

The race is on for car manufacturers to bring out their own range on electric vehicles (EV). But what if the new kid on the block ends up…

International Oil Companies Are Giving Up On Venezuela

Sep 23, 2021 at 14:02 | Felicity Bradstock

Despite huge oil reserves waiting to be tapped, the ongoing sanctions on Venezuelan oil and the current state of politics and the economy are driving international oil majors…

Texas Is Finally Taking Up The Fight Against Flaring

Sep 23, 2021 at 13:54 | Felicity Bradstock

After oil majors promised to impose tighter regulations on gas flaring, following widespread criticism over the levels of gas being released into the atmosphere as a waste product…

Cocaine And Crime Are Amplifying Colombia’s Crude Oil Crisis

Sep 23, 2021 at 13:25 | Matthew Smith

For as long as many people remember Colombia has been a violence riven country that has been a major hub in the global cocaine trade. …

Oilmen Are The Newest Clean Energy Entrepreneurs

Sep 23, 2021 at 13:17 | Haley Zaremba

Last month the Intergovernmental Panel on Climate Change (IPCC) released its landmark 6th Assessment Report on the worldwide state of global warming and…

Oil Trading Giant Trafigura Sees $100 Oil In Late 2022

Sep 23, 2021 at 12:06 | Tsvetana Paraskova

Recovering global oil demand could send oil prices to $100 a barrel at some point at the end of 2022, despite COVID challenges to demand this coming winter, according to…

Oil Rises To Two-Month High As Inventories Fall

Sep 23, 2021 at 11:02 | Tsvetana Paraskova

Oil prices rose on Thursday to their highest levels since late July after U.S. crude stocks dropped to their lowest in three years and the broader market received more clarity…

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