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Is The Aramco IPO On The Brink Of Collapse?

Is The Aramco IPO On The Brink Of Collapse?

Conflicting news suggests that Saudi…

Saudi Arabia Looks To Shelve Aramco IPO

Saudi Arabia Looks To Shelve Aramco IPO

Saudi sources have confirmed that…

Energy / Crude Oil

The Bearish Backlash In Energy This Fall

The Bearish Backlash In Energy This Fall

Oct 03, 2017 at 16:59 | Irina Slav

It’s been an exciting summer for fossil fuels and renewables, with natural gas production hitting a year-to-date high, global crude oil stocks finally starting to decline, and demand for solar…

Saudi Compliance To OPEC Deal Comes At A Price

Saudi Compliance To OPEC Deal Comes At A Price

Oct 03, 2017 at 16:37 | Tsvetana Paraskova

Saudi Arabia is following through with its pledge to stick to the output cuts in the OPEC/non-OPEC deal. The Kingdom is also reducing exports to some buyers, even to its…

Nigeria’s

Nigeria’s "Zero Oil Plan"

Oct 03, 2017 at 14:32 | Zainab Calcuttawala

I recently reported on the development of economic diversification plans among countries in the Gulf Cooperation Council (GCC) as oil demand prepares to reach a climax in 30 years.…

Scotland To Permanently Ban Fracking

Scotland To Permanently Ban Fracking

Oct 03, 2017 at 14:29 | Tsvetana Paraskova

The Scottish government said on Tuesday that it wants to extend a current moratorium on fracking into a permanent full ban, with a final vote likely taking place at…

U.S. Shale Isn’t As Strong As It Appears

U.S. Shale Isn’t As Strong As It Appears

Oct 02, 2017 at 16:38 | Nick Cunningham

The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian…

Survey Shows Spike In OPEC’s September Oil Production

Survey Shows Spike In OPEC’s September Oil Production

Oct 02, 2017 at 13:06 | Zainab Calcuttawala

September figures show that OPEC’s oil production rose in September with Saudi Arabia, Kuwait, and Libya all increased production according to a new Bloomberg survey. Total production from the…

ISIS Sets Fire To Oil Wells Near Iraq’s Kirkuk

ISIS Sets Fire To Oil Wells Near Iraq’s Kirkuk

Oct 02, 2017 at 11:26 | Tsvetana Paraskova

Islamic State militants set ablaze on Saturday three oil wells near an area still under their control west of the oil city Kirkuk, to try to stop the advance of…

ExxonMobil Dethroned As Top Energy Company

ExxonMobil Dethroned As Top Energy Company

Sep 29, 2017 at 17:22 | Nick Cunningham

Gazprom dethroned ExxonMobil as the top energy company in the world, according to the 2017 S&P Global Platts Top 250 Global Energy Company Rankings. The rankings measure the financial…

Canada’s Largest Shale Play Is Gaining Momentum

Canada’s Largest Shale Play Is Gaining Momentum

Sep 29, 2017 at 17:05 | Oil & Gas 360

The National Energy Board of Canada released a resource assessment today, examining the Duvernay Shale of Alberta. Deposited during the Devonian Period, the Duvernay Shale is located throughout central Alberta,…

This OPEC Member Just Saw A Major Jump In Oil Revenue

This OPEC Member Just Saw A Major Jump In Oil Revenue

Sep 29, 2017 at 16:58 | Oxford Business Group

In the first quarter of 2017 the value of Gabon’s oil exports rose by 70.9 percent year-on-year to reach $51.30 (€42.90) per barrel compared to $30 (€25.10) per barrel in…

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