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What Is Slowing The Oil Market Recovery?

What Is Slowing The Oil Market Recovery?

Growing uncertainties about the resurgence…

IEA: Natural Gas Demand To See Largest Drop Ever In 2020

IEA: Natural Gas Demand To See Largest Drop Ever In 2020

Despite some uptick in consumption…

Energy / Energy-General

Natural Gas Is Booming In Africa

Oct 16, 2020 at 11:19 | Haley Zaremba

In 2018, while much of the world was leaving coal-fired power in the past and moving toward greener pastures (so to speak) coal was barreling full steam ahead…

Oil Prices Fall As Concerns About Second Wave Weigh On Markets

Oct 16, 2020 at 10:09 | Tsvetana Paraskova

Oil prices slid early on Friday and were on track for a flat weekly performance, as new coronavirus cases in Europe and the United States continued to spike, alarming the…

China’s Oil Imports Are Falling

Oct 16, 2020 at 09:12 | Irina Slav

China, which has been on an oil-buying binge since the start of the pandemic, is now retreating as storage space fills up and demand for fuels in the regions it…

A Biden Presidency Could End The U.S. Oil Boom

Oct 15, 2020 at 17:48 | Dan Doyle

To talk about a Biden-Harris administration let's first talk about the Obama-Eric Holder/Loretta Lynch administration. Back in 2015 and 2016, when Holder and Lynch were President Obama’s Attorney…

Net Zero Goals Impossible Without Costly Carbon Capture

Oct 15, 2020 at 16:37 | Tsvetana Paraskova

“Reaching net zero will be virtually impossible without CCUS,” the International Energy Agency (IEA) said in a recent report on the role of carbon capture, utilization, and storage in…

Many Lost U.S. Oil Jobs May Never Return

Oct 15, 2020 at 11:03 | Irina Slav

More than 100,000: that’s how many jobs were lost in the U.S. oil exploration and production industry between March and August this year, mostly as a result of…

Oil Jumps On Bullish EIA Inventory Report

Oct 15, 2020 at 10:16 | Irina Slav

A day after the American Petroleum Institute estimated a crude oil inventory draw of 5.421 million barrels, the Energy Information Administration strengthened the mood by reporting an inventory…

Democrats Want Permanent Ban On Offshore Oil Leasing

Oct 15, 2020 at 09:09 | Charles Kennedy

Democrat members of the House Natural Resources Committee are pushing for a permanent ban on all offshore oil and gas leasing in Atlantic and Pacific federal waters as well as…

The Secret Behind America’s Most Valuable Energy Play

Oct 14, 2020 at 17:13 | Alex Kimani

America's energy sector is going through its biggest crisis--as well as its biggest seismic shift--in modern history. Fossil fuel companies have always dominated the U.S. energy space, and no company…

The Shale Patch Bankruptcy Crisis Isn’t Over Yet

Oct 14, 2020 at 16:39 | Tsvetana Paraskova

Low oil prices, lower credit availability, and piling debt loads forced a few dozen oil and gas firms in North America to file for bankruptcy protection in the…

5 Major Takeaways From The IEA's World Energy Outlook 2020

Oct 14, 2020 at 16:35 | Alex Kimani

A few years back, the fossil fuel sector was doing just fine while renewable and alternative energy investments were considered a wildcard because the sector was regarded as…

What’s Behind The Azerbaijan-Armenia Conflict?

Oct 14, 2020 at 13:17 | Defense and Foreign Affairs

By October 2020, Turkey seemed closer than at any time since the Cold War to unambiguous and overt hostilities with Russia. But, then, Turkey was already…

Energy Traders Expect Another Jump In Natural Gas Prices

Oct 14, 2020 at 11:54 | ZeroHedge

Natural-gas futures soared to levels not seen in more than seven quarters this week, as colder weather in the latest round of forecast data suggests energy demand is set to…

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The No.1 Energy Stock for 2021

Oct 14, 2020 at 08:57 | Keith Schaefer

What happens when you get one of the most successful management teams in junior E&P history working in the most high margin oil and gas plays in the world…

Why Saudi Arabia May Be Forced To Start Another Oil Price War

Oct 13, 2020 at 17:21 | Cyril Widdershoven

The ongoing weakness of global oil markets seems to be stoking tensions within OPEC+, and a split within its leadership is now imminent. From the start of this…

Is U.S. Shale Finally Bouncing Back?

Oct 13, 2020 at 17:19 | David Messler

As the oil price dropped through the first and second quarters of this year, oil companies closed in wells and laid off drilling and fracking crews. Activity bottomed…

OPEC Report Reflects Negative Sentiment In Oil Markets

Oct 13, 2020 at 16:59 | Julianne Geiger

OPEC has again revised down world oil demand in 2021, according to the cartel’s latest Monthly Oil Market Report, and combined with OPEC’s consistent production quota laggards and rising U.S.…

5 Reasons To Doubt The Turkish Giant Gas Discovery

Oct 13, 2020 at 12:56 | Viktor Katona

A little more than a month ago Turkey has victoriously announced that the Tuna-1 wildcat, drilled to a total depth of 4525 metres, has discovered the most prolific Turkish offshore…

Oil Holds Its Breath As Presidential Election Approaches

Oct 13, 2020 at 12:29 | Josh Owens

Oil prices appear to be waiting for the presidential election before making any major moves, with prices falling due to rising Libyan oil production before climbing on positive news out…

The Real Reason China Is Betting Big On Renewables

Oct 13, 2020 at 12:06 | Haley Zaremba

The energy and environmental sectors are still abuzz with the ambitious carbon neutrality plan announced by Beijing almost a month ago. Chinese President Xi Jinping announced that China…

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