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Energy / Crude Oil

Tanker Venezuela

Oil Is The Only Way Back Up For Venezuela

Jan 17, 2020 at 16:08 | Editorial Dept

There’s only one path to rebuilding Venezuela, and it’s paved with oil. For the time being, that path leads nowhere.  The key to controlling everything now lies with the National…

Scoop rig

Oil Glut Overshadows Geopolitical Risk In 2020

Jan 16, 2020 at 16:10 | Nick Cunningham

The risk of oil supply disruptions from around the world has diminished, and rising non-OPEC production provides a “solid base from which to react to any escalation in geopolitical tension.”…

Angola Offshore

Total To Drill World’s Deepest Well In Angola

Jan 16, 2020 at 09:59 | Irina Slav

Total will drill an ultra deepwater well off the coast of Angola that will be the deepest in the world, Bloomberg reports, citing Maersk Drilling, which has been hired…

Everglades

Florida To Buy Part Of Everglades To Protect Them From Oil Drilling

Jan 16, 2020 at 09:37 | Irina Slav

Florida has agreed to buy part of the Everglades wetlands to protect the sensitive ecosystem from oil drilling, Reuters reports, citing an announcement by the Florida governor. The deal,…

China US

How China Could Restart The U.S. Oil Export Boom

Jan 16, 2020 at 09:30 | Irina Slav

China may resume purchases of U.S. crude oil and products after the Phase 1 deal Washington and Beijing signed yesterday, Bloomberg reports. The terms of the deal include the…

US Shale

Just How Serious Is The Shale Slowdown?

Jan 15, 2020 at 17:12 | Nick Cunningham

U.S. shale growth may be slamming on the breaks, although analysts differ over how significant the slowdown will be. The EIA says that U.S. shale growth will slow down…

Cushing

Massive Oil Product Build Sends Prices Lower

Jan 15, 2020 at 09:45 | Irina Slav

A day after the API’s crude oil inventory report pressured prices, the EIA relieved some of the pressure by reporting an inventory draw of 2.5 million barrels for…

Offshore

Is This The Start Of A New Offshore Oil & Gas Boom?

Jan 14, 2020 at 10:37 | Rystad Energy

In retrospect, 2019 was another strong year for offshore exploration and production companies. Free cash flow remained strong and telltale signs have emerged that we are entering a new offshore…

Russia flag

Why Russia Should Exit The OPEC+ Deal

Jan 09, 2020 at 13:19 | Fares Kilzie

Having exited the deal, Russia will be able to overcome stagnation in oil production, which threatens to become the longest since Soviet times. Despite a 9 percent decrease, Urals…

Oil

What One Oil Company Did Differently To Surge 27% In A Day

Jan 09, 2020 at 13:18 | Anes Alic

Shareholders be prepared: The way oil companies announce new discoveries may be about to change - but don’t panic. You’re being kept in the dark for a reason, and you’ll…

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