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Big Oil Hamstrung In Tackling Methane Problem

Big Oil Hamstrung In Tackling Methane Problem

Big Oil has made ambitious…

China's Crude Imports Become Backbone Of Oil Price Recovery

China's Crude Imports Become Backbone Of Oil Price Recovery

The world’s largest oil importer,…

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Tech Breakthrough Promises Hydrogen Gas From Plastic Waste

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Energy

The Nuclear Power Struggle In The EU

Oct 30, 2020 at 17:54 | Viktor Katona

Reading through the nuclear news of the past weeks, the attentive reader might have come across an under-the-radar dispute of Austria and United Kingdom, perhaps one of the…

Oil Sees Worst Month Since March

Oct 30, 2020 at 13:49 | Tom Kool

Oil prices have hit a 5-month low as COVID cases climb, new lockdowns are put in place and reports emerge that OPEC may not maintain its production cut in 2021.

U.S. Rig Count Rises Despite Coronavirus Threat

Oct 30, 2020 at 12:29 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil rigs in the United States rose by 10 to 221. The total number of active oil and gas rigs increased…

Oil Markets Tumble On New Lockdown Measures

Oct 30, 2020 at 12:25 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are edging lower on Friday as traders try to consolidate prices after another week and month of losses. The current price action indicates…

China And India Drive Oil Demand Recovery

Oct 30, 2020 at 12:24 | Editorial Dept

1. Shell reports small profit - Royal Dutch Shell (NYSE: RDS.A) reported a small $177…

A Glimmer Of Hope For Texas Oil & Gas Jobs

Oct 30, 2020 at 12:22 | Editorial Dept

COVID Market Update • The Texas Oil and Gas Association said this week that the state had managed to add 700 oil and gas exploration jobs in September. This would…

How Will Energy Markets React To The Election Outcome?

Oct 30, 2020 at 12:20 | Editorial Dept

Just in case you have been fortunate enough to have avoided all reference to it up until now, I should point out that there will be an election in America…

The OPEC Deal Is Under Threat

Oct 30, 2020 at 12:19 | Editorial Dept

As Phase 3 of COVID rages globally, the UAE, Kuwait, and Iraq are uncertain about extending OPEC oil production cuts into 2021, which means that come November, the OPEC deal…

Iraq To Back Any OPEC+ Oil Production Decision

Oct 30, 2020 at 12:08 | Tsvetana Paraskova

OPEC’s second-largest oil producer, Iraq, will support any unanimous decision that the OPEC+ group makes regarding the alliance’s future oil production policy, Iraqi Oil Minister Ihsan Abdul Jabbar Ismaael

Oil Hits 5-Month Lows As COVID Cases Surge

Oct 30, 2020 at 11:07 | Irina Slav

Crude oil collapsed earlier this week after France and Germany announced new lockdowns in response to surging Covid-19 cases, and now it is set for its worst month since late…

Analysts: Oil Prices Are Going Nowhere In The Short Term

Oct 30, 2020 at 09:45 | Tsvetana Paraskova

Oil prices will continue to trade in a narrow range for the rest of the year, and the average Brent price next year will not exceed $50 a barrel, the…

Oil Investments Are Drying Up As Crude Demand Falters

Oct 29, 2020 at 14:13 | Irina Slav

Thirty-five percent: this is the size of the spending cuts oil and gas companies are likely to have made this year in response to the effects that the…

Could Fracking Help Save Colombia’s Oil Dependent Economy?

Oct 29, 2020 at 14:06 | Matthew Smith

For almost a decade the Andean country of Colombia has been battling to significantly boost its low proven petroleum reserves and lengthen the production life of its economically…

The New Energy Reality Is A Massive Opportunity For Investors

Oct 29, 2020 at 14:02 | Haley Zaremba

Since the very beginning of the novel coronavirus pandemic, it was clear that coronavirus would have a severe and lasting impact on the energy industry. At first, as…

Tesla Is On Track To Deliver 1 Million EVs In 2021

Oct 29, 2020 at 13:56 | Alex Kimani

At a time when oil prices remain stuck in limbo, Tesla Inc. (NASDAQ:TSLA) has continued to defy bearish expectations that low oil prices would put a…

China Believes Natural Gas Demand Will Soar

Oct 29, 2020 at 13:36 | Vanand Meliksetian

The Chinese economy has been the single largest contributor to global growth over the past several decades. Fossil fuel producers around the world closely watch Beijing, as the…

Will A Fracking Boom Ever Happen In Mexico?

Oct 29, 2020 at 13:08 | Haley Zaremba

Mexico is sitting on top of the sixth biggest collective shale reserve in the entire world. At an estimated total of 545 trillion cubic feet

Canada’s Oil Crisis Continues As Majors Report More Losses

Oct 29, 2020 at 12:42 | Michael Kern

Canada’s largest oil companies continue to post quarterly losses this year as low crude oil prices and low refining margins hit earnings.   On Wednesday Suncor Energy reported its…

OPEC Members Rebel Over Production Cut Extension

Oct 29, 2020 at 12:00 | Tsvetana Paraskova

While the oil market speculates on whether or not OPEC+ will ease its production cuts in January amid sluggish demand, rumors emerged on Thursday that the three biggest OPEC producers…

Two-Thirds Of Gulf Oil Production Remains Shut In ahead Of Hurricane Zeta

Oct 29, 2020 at 11:10 | Irina Slav

As much as 66.6 percent of crude oil production in the Gulf of Mexico remained shut in on Wednesday ahead of Hurricane Zeta, with 228 platforms evacuated according to the…

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