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Peru’s Oil Industry Is Engulfed In Crisis

Peru’s Oil Industry Is Engulfed In Crisis

Peru’s oil industry is facing…

Why Gold Could Be Heading To $5000

Why Gold Could Be Heading To $5000

Gold prices have soared this…

Energy / Energy-General

Brazil's Oil Major Believes Net Zero Emissions Is A 'Fad'

Dec 02, 2020 at 11:01 | Tsvetana Paraskova

Petrobras continues to bet on oil and is not going for the net-zero emission "fad" as all European oil majors have done, Roberto Castello Branco, the chief executive of Brazil's…

The Real Reason Why Tesla Is Heading Towards A Trillion-Dollar Valuation

Dec 01, 2020 at 17:25 | Glen Carrick

Morgan Stanley recently raised their rating on Tesla (NASDAQ:TSLA)  for the first time in 3 years. Two weeks later and the stock has already smashed through their $540 price…

How 3D Printing Will Reshape The Oil And Gas Industry

Dec 01, 2020 at 16:34 | Felicity Bradstock

With multiple new technologies being introduced to the suffering oil and gas industry in 2020, 3D printing is the latest fad to gain traction in the space. Additive…

Oil Price Crash Crushes New Mexico’s Hope For Free College

Dec 01, 2020 at 15:52 | Irina Slav

New Mexico was, until recently, a lucky state. Despite being one of the states with the weakest economies—and high unemployment—New Mexico had the Permian, and oil revenues from…

Oil Prices Drop On OPEC+ Uncertainty

Dec 01, 2020 at 12:30 | Josh Owens

Oil prices fell on Tuesday morning as OPEC+ failed to reach an agreement regarding production cuts in 2021, with the three most influential members all disagreeing on how to proceed.

Japan And Kuwait Strike Major Oil Storage Deal

Dec 01, 2020 at 10:03 | Charles Kennedy

Japan and Kuwait have struck a deal to store crude oil for Southeast Asia in Japan in a bid to boost the region’s oil supply network, which is currently…

Exxon Breaks With Tradition, Announces $20 Billion Oil Asset Write-Down

Dec 01, 2020 at 09:00 | Irina Slav

Exxon has finally broken with its tradition to never write down its assets. Exxon has announced massive writedowns of between $17 billion and $20 billion due to the pandemic…

Is Exxon's Dividend Too High To Justify?

Nov 30, 2020 at 17:02 | Alex Kimani

The energy sector has emerged as the best performer over the past few weeks, with WTI crude prices climbing to their highest level in nearly eight months thanks…

U.S. Oil Production Is On The Rise Again

Nov 30, 2020 at 16:50 | Julianne Geiger

Crude oil production, including lease condensate, in the United States rose in September to 10.860 million barrels per day on average, according to the Energy Information Administration’s monthly…

OPEC+ Rumors Send Oil Prices Diving

Nov 30, 2020 at 12:43 | ZeroHedge

While there was a lot of uncertainty about the OPEC+ meeting, this headline (from Bloomberg) was not one of them... *SAUDI ARABIA MULLS RESIGNING ROLE AS CO-CHAIR OF…

Is Brazil’s Oil Boom In Danger?

Nov 30, 2020 at 11:12 | Matthew Smith

Brazil’s massive offshore oil boom, notably in the deepwater offshore pre-salt oilfields, is continuing to grow despite weaker oil prices and the sharp impact of the COVID-19 pandemic.…

Venezuela’s Oil Crisis Is An Environmental Time Bomb

Nov 30, 2020 at 11:01 | Matthew Smith

The international media think tanks and government agencies have discussed at length the near failure of Venezuela, once Latin America’s most stable and developed nation, and the emergence…

Oil Markets Face A 200 Million Barrel Glut In 2021

Nov 30, 2020 at 10:52 | Rystad Energy

As the world is aching to put an end to a devastating 2020, oil producers are now assessing the lasting effect of the pandemic into 2021 – and…

OPEC Oil Output Soars As Production Cut Decision Looms

Nov 30, 2020 at 10:15 | Tsvetana Paraskova

Driven by a faster-than-expected comeback of Libyan oil production, OPEC’s crude output jumped in November by 750,000 barrels per day (bpd), the fifth consecutive increase in the cartel’s production, the…

Oil Prices Will Average Below $50 In 2021

Nov 30, 2020 at 09:48 | Tsvetana Paraskova

Despite the recent progress in vaccine development, oil prices will continue to be subdued in the first half of next year, while oil prices will not average above…

The World’s Largest Trade Pact Could Crush U.S. Gas Exports

Nov 30, 2020 at 09:13 | Tsvetana Paraskova

Recent political and geopolitical developments in the United States and Asia could undermine American energy exports to the biggest regional importer of crude oil, natural gas, and coal. …

The COVID-19 Pandemic Is Fueling A Record Decline In Emissions

Nov 27, 2020 at 16:41 | Robert Rapier

Last week BloombergNEF (BNEF) published a new report that quantifies the impact of the Covid-19 pandemic on U.S. carbon dioxide emissions.

Five Energy Stocks To Buy Before Christmas

Nov 27, 2020 at 16:36 | Alex Kimani

For many people, the Christmas season is a time for celebrating, traveling, and spending time with friends and family. Understandably, not many will have time to draw up…

The End Of The Century-Old Black Sea Drilling Dream

Nov 27, 2020 at 16:21 | Viktor Katona

There is a long history of drilling for hydrocarbons in the Black Sea. After all, oil-rich Azerbaijan, and the Caspian region in general, was one of the first…

Why Solar Stocks Could Be Set To Skyrocket In 2021

Nov 27, 2020 at 16:17 | Alex Kimani

With the elections done and dusted and Joe Biden firmly on the road to ascending to the Oval Office, the renewable energy sector is licking its chops at…

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