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Why Exxon And Chevron Are Not Going All-Out In The Permian

Why Exxon And Chevron Are Not Going All-Out In The Permian

America’s two largest oil companies…

Big Oil Hikes Dividends After Blowout Quarter

Big Oil Hikes Dividends After Blowout Quarter

The energy sector is beating…

Energy / Energy-General

India May Become Guyana’s Most Important Oil Client

May 12, 2021 at 12:30 | Gerald Jansen

Nowadays one of the main buzz stories of the crude market has been focusing on Indian oil demand slumping as a consequence of the COVID-19 surge. As painful as India’s…

IEA: The Global Oil Glut Is Gone

May 12, 2021 at 10:54 | Tsvetana Paraskova

The excess oil inventories of the past year have been all but depleted, and a strong demand rebound in the second half this year could lead to even steeper stock…

Toyota Says Most Of Its U.S. Cars Will Still Run On Gasoline In 2030

May 12, 2021 at 10:42 | Tsvetana Paraskova

Most Toyotas in the United States will still use gasoline in 2030, the carmaker said on Wednesday, expecting gasoline and hybrid cars to still be more convenient to customers than…

Is There A Huge Naked Short on Helium Explorer Avanti Energy?

May 12, 2021 at 09:43 | Charlie Danes

Aggressive short sellers, now being targeted by Canadian regulators, are believed to have shorted a shocking 11 million shares of helium miner Avanti Energy in Canada since 2019, most of…

Panic Buying And Gas Shortages Sweep The East Coast

May 12, 2021 at 09:04 | Charles Kennedy

More than a thousand fuel stations in the Southeast have sounded the alarm on gasoline and diesel shortages caused by panic buying and shuttered pipelines, the Associated Press reports,…

3 Stocks That Could Win Big From Biden’s $2 Trillion Infrastructure Plan

May 11, 2021 at 17:59 | Glen Newman

After pouring trillions of dollars into the economy over the past 6 months, Biden's new plan could further light the fuse on the EV markets. That's because his proposed $2…

Iran's Return To Oil Markets Is Imminent

May 11, 2021 at 17:51 | Felicity Bradstock

Following talks in Vienna this month, the U.S. could announce a deal with Iran as early as the end of May, which could lead to the lifting of…

Is The Global Oil Industry Relying Too Much On China?

May 11, 2021 at 16:54 | Irina Slav

Chinese oil imports are among the closest watched indicators for global oil demand trends in the world. That’s despite the fact there are things like seasonal factors affecting the country’s…

Extending The European Green Deal Into Eurasia

May 11, 2021 at 12:59 | Fares Kilzie

The European Green Deal should be extended to include the Eurasian Economic Union. In June, the European Commission will present a package of bills detailing the European Green Deal,…

Oil Markets Stable Despite Major Pipeline Outage

May 11, 2021 at 11:45 | Josh Owens

While the Colonial pipeline outage appears to have been resolved and there is enough gasoline to go around, panic buying has caused gasoline shortages in some areas on the East…

Saudi Arabia To Ship Full Volumes To Asian Oil Buyers

May 11, 2021 at 11:10 | Charles Kennedy

Saudi Arabia will export full crude oil volumes to at least four Asian clients next month, Reuters has reported, citing unnamed sources familiar with the situation. Saudi Aramco and…

Panic Buying Sends U.S. Gasoline Prices To Near 7-Year High

May 11, 2021 at 09:04 | Julianne Geiger

The average price of a gallon of gasoline in the United States has jumped on the Colonial Pipeline ransomware attack and subsequent outage. The overall average price of retail gasoline…

How Qatar Plans To Dominate LNG Markets

May 10, 2021 at 17:52 | David Messler

LNG has been discussed as being in an under-supplied state in the late 2020s. Bloomberg has projected a demand forecast in the range…

Is This The Beginning Of The End Of Naked Short Selling In Canada?

May 10, 2021 at 17:23 | James Stafford

Finally, after years of watching dubious short-sellers manipulate stocks and destroy companies, Canadian regulators are ready to do something about it, and unscrupulous short-sellers who have been living lives of…

Saudi Arabia's Covid Aid Comes At A Cost For India

May 10, 2021 at 15:26 | Alex Kimani

At a time when oil and gas investors have been celebrating the latest oil rally after OPEC+ pledged to maintain strict production discipline, not everybody is pleased with the direction…

Soaring Petrochemical Demand Sparks Major Profits

May 10, 2021 at 14:48 | Felicity Bradstock

As major oil companies released their first-quarter earnings, profits from their petrochemical units hit record highs and demand for petrochemicals is only set to grow. According…

Big Oil Is In Desperate Need Of New Discoveries

May 10, 2021 at 13:43 | Alex Kimani

The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks and a shift towards renewable energy, experts warned that nearly…

Tesla Plans New Mystery Facility Near Texas Gigafactory

May 10, 2021 at 12:46 | Charles Kennedy

Tesla plans to build a new industrial building with a yet unknown function next to its Gigafactory in Austin, Texas, Austin Business Journal reported, citing documents the electric vehicle…

The Future Of U.S. LNG: Only The Biggest Will Survive

May 10, 2021 at 10:58 | Irina Slav

Liquefied natural gas was a big thing a couple of years ago in the United States. With so much cheap gas coming out of the ground thanks to hydraulic fracturing,…

Cyberattack Shuts Down Major U.S. Gasoline Pipeline

May 10, 2021 at 08:48 | Irina Slav

A cyberattack during the weekend caused the shutdown of the Colonial pipeline, which carries some 45 percent of the gasoline and diesel fuel the East Coast of the U.S. consumes,…

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