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Alberta Lays Out Plan To Recover From Oil Price Collapse

Alberta Lays Out Plan To Recover From Oil Price Collapse

Alberta's Conservative government is taking…

The Oil Rally Has Stalled Once Again

The Oil Rally Has Stalled Once Again

Oil prices rallied once again…

Energy / Energy-General

China Inks Military Deal With Iran Under Secretive 25-Year Plan

Jul 06, 2020 at 17:25 | Simon Watkins

Last August, Iran’s Foreign Minister, Mohammad Zarif, paid a visit to his China counterpart, Wang Li, to present a roadmap on a comprehensive 25-year China-Iran strategic partnership that built upon…

Two Major U.S. Pipeline Projects Face Cancelation

Jul 06, 2020 at 15:58 | Nick Cunningham

In the span of 24 hours, a major natural gas pipeline was cancelled and a judge ordered the Dakota Access Pipeline shut down.  Just days after…

Oil Giant Considers Drastic Move As Pandemic Persists

Jul 06, 2020 at 12:04 | Charles Kennedy

Anglo-Dutch oil major Shell is not ruling out the possibility of moving its headquarters to the UK, the group's chief executive Ben van Beurden told Dutch business newspaper Het Financieele…

Oil Price Crash Causes Major Recession In Russia

Jul 06, 2020 at 09:03 | Tsvetana Paraskova

The oil price crash that Russia helped create, along with the coronavirus-driven global recession, will result in Russia’s economy shrinking this year by the most in 11 years, the World…

5 Signs That Record Oil Imports From China Won’t Last

Jul 03, 2020 at 16:57 | Viktor Katona

The recent turnaround in oil market sentiment was to a large extent due to China showing signs of demand recovering back to normalcy. May 2020 witnessed the highest-ever…

Who Will Get Full Control Of Libya’s Oil Riches?

Jul 03, 2020 at 16:46 | Charles Kennedy

We are now at a crossroads in Libya where a military solution is temporarily off the table, as factions and their external allies wrangle over oil revenues--the distribution…

Tesla’s Ambitious Plan To Ditch Cobalt

Jul 03, 2020 at 16:41 | Haley Zaremba

Lithium-ion batteries have proven to be a key link in global supply chains, placing these unassuming electronics at the crux of the future of electric vehicle markets around…

Europe's Leaked Hydrogen Strategy Is Very Ambitious

Jul 03, 2020 at 16:41 | Alan Mammoser

In the panorama of renewable energy technologies, hydrogen’s potential is seen in several sectors. It is what the IEA calls an ‘integration’ technology. It promises to play a…

How Tesla Became More Valuable Than Exxon

Jul 03, 2020 at 16:38 | Alex Kimani

It is now becoming increasingly clear that the world’s most popular electric vehicle manufacturer is an all-weather play that simply will not stop. Tesla Inc. (NASDAQ:…

The World’s Most Important Oil Consumers And Producers

Jul 03, 2020 at 16:29 | Robert Rapier

Following last week’s release of the BP Statistical Review of World Energy 2020, I began to review and analyze the data. Today I…

The Oil Rally Has Stalled Once Again

Jul 03, 2020 at 13:50 | Josh Owens

Oil prices hit four-month highs this week, but bearish sentiment quickly snapped back into place and halted the rally.For Global Energy Alert members there are now

Oil Capped By COVID Fears

Jul 03, 2020 at 11:37 | Editorial Dept

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures closed higher this holiday-shortened week, supported by a larger-than-expected drawdown in crude inventories earlier in the week and a decline…

A Clear Sign That OPEC Compliance Is Working

Jul 03, 2020 at 11:35 | Editorial Dept

COVID Market Update - The price of the OPEC basket has climbed above $40 per barrel for the first time in four months, as the group managed to fulfill 100%…

Debt Destroys A Shale Giant

Jul 03, 2020 at 11:32 | Editorial Dept

1. Gasoline demand rebounds, jet fuel stays down- In the U.S., demand for petroleum products…

How To Take Advantage Of The Energy Stock Selloff

Jul 03, 2020 at 11:31 | Editorial Dept

After a decade of disappointment for energy stocks, it is not surprising that when oil’s collapse really accelerated back in early March, anything even vaguely related to oil got hammered.…

The Multi-Billion Dollar Price Tag For Iraqi Oil Compliance

Jul 03, 2020 at 11:29 | Editorial Dept

Oil Powers Bought Iraqi Compliance - And Something Else, Too They may have paid for compliance, but they were really buying something else.  With COVID-19 cases…

Exxon May Finally Book Major Writedowns

Jul 03, 2020 at 11:01 | Tsvetana Paraskova

ExxonMobil could write down the value of its oil and gas assets as soon as this month, Wall Street analysts told Reuters on Friday. Unlike many of its peers, Exxon hasn’t…

Oil Price Crash Leads To Sharp Contraction In Gulf Economies

Jul 03, 2020 at 09:52 | Charles Kennedy

Gulf economies will experience a combined contraction of 7.6 percent this year because of the oil price crash, a senior IMF official has forecast. This is a sharp downward revision…

Exxon Is Big Oil’s Outlier In The Post-Pandemic World

Jul 02, 2020 at 17:35 | Tsvetana Paraskova

While oil majors stuck to spending discipline after the 2015-2016 price crash, ExxonMobil was the one to stand out from the crowd as it increased capital expenditures to boost production.  …

Satellite Data Exposes A Massive Methane Problem

Jul 02, 2020 at 16:54 | Alex Kimani

The fossil fuel industry has received plenty of flak over the past decade for its conspicuous role in climate change. The usual script goes something like this: Fossil…

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