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The Oil Majors Aiming To Save Alaska’s LNG Dreams

The Oil Majors Aiming To Save Alaska’s LNG Dreams

Just when regulators and energy…

After Libya And Venezuela, Is This The Next OPEC Wildcard?

After Libya And Venezuela, Is This The Next OPEC Wildcard?

Anti-government protests in the North…

Energy / Energy-General

Exxon Shale Deal With Algeria Falls Victim To Protests

Exxon Shale Deal With Algeria Falls Victim To Protests

Mar 22, 2019 at 17:43 | Irina Slav

Exxon’s negotiations with Algeria for the development of local shale gas resources are being delayed because of the widespread anti-government protests in the North American country, Reuters reported this…

Oil Prices Dive On Economic Fears

Oil Prices Dive On Economic Fears

Mar 22, 2019 at 13:42 | Tom Kool

While it seemed like the bulls were in control of oil markets, prices crashed on Friday as poor economic signals boosted bearish sentiment.

U.S., Canadian Rig Count Plunges As Oil Retreats

U.S., Canadian Rig Count Plunges As Oil Retreats

Mar 22, 2019 at 12:16 | Julianne Geiger

The the number of active oil and gas rigs fell sharply in the United States this week according to Baker Hughes, despite US oil production resuming highs this week that…

Oil Traders Use Controversial Methods To Track Refinery Runs

Oil Traders Use Controversial Methods To Track Refinery Runs

Mar 22, 2019 at 10:34 | Tsvetana Paraskova

In the latest chapter of the ‘Big Data in the oil industry’ tale, oil traders now can monitor operations at oil refineries using geolocation data from cell phones to estimate…

A Paradigm Shift In The Permian

A Paradigm Shift In The Permian

Mar 21, 2019 at 17:36 | Nick Cunningham

The U.S. shale industry is increasingly dominated by the oil majors, with small and medium-sized drillers under financial pressure. Shareholders, banks and other analysts are losing patience with unimpressive performances…

Tesla Lagging Behind Competitors In European EV Markets

Tesla Lagging Behind Competitors In European EV Markets

Mar 21, 2019 at 14:55 | Jon LeSage

CEO Elon Musk and the Tesla team have succeeded in making their company the most widely used electric vehicle brand name, but this has not yet led to global EV…

Why No One Is Interested In Building EV Infrastructure

Why No One Is Interested In Building EV Infrastructure

Mar 21, 2019 at 11:21 | Haley Zaremba

Across the United States, gas stations outnumber charging stations for electric vehicles by a ratio of approximately seven to one. Large stretches of highway without charging stations and a general…

U.S. And China Hold Key To Higher Oil Prices

U.S. And China Hold Key To Higher Oil Prices

Mar 20, 2019 at 18:10 | Nick Cunningham

Oil prices have broken new multi-month highs, but the next level up may largely depend on what happens between the U.S. and Chinese trade negotiations. There have been conflicting reports…

OPEC Sets Oil Market Up For A Bullish Spring

OPEC Sets Oil Market Up For A Bullish Spring

Mar 20, 2019 at 17:38 | Editorial Dept

Russia and Saudi Arabia made waves in the oil market this week and not for the reasons we expected. The two parties- who were scheduled to meet in April to…

Global Intelligence Report – 20th March 2019

Global Intelligence Report – 20th March 2019

Mar 20, 2019 at 17:30 | Editorial Dept

Sources - Senior Eni executive in Libya- High-ranking European diplomat in Libya- Libyan energy consultant to supermajors- High-level energy industry source in Kazakhstan- Member of the…

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