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Energy / Energy-General

Daniel Yergin: U.S. Oil Production May Increase By 900,000 Bpd Next Year

Dec 30, 2021 at 09:04 | Irina Slav

Crude oil production in the United States could increase by close to 1 million bpd next year, according to IHS Markit’s Daniel Yergin. Speaking to CNBC this week, Yergin…

Is SpaceX Blocking Out Rivals In The Satellite Race?

Dec 30, 2021 at 09:03 | City A.M

Elon Musk has urged that there is room for “tens of billions” of satellites in Earth’s orbit, amid concerns that SpaceX is hoarding space for its own.

Top Automakers Are Fueling A Battery Plant Boom In The U.S.

Dec 29, 2021 at 08:34 | Julianne Geiger

In August, President Biden signed an executive order that set a target to make 50 percent of all new vehicles sold in the United States in 2030 zero-emission…

Tesla Remains Above $1000 Despite Musk’s $15 Billion Selling Spree

Dec 29, 2021 at 08:31 | ZeroHedge

Just hours after Wedbush's Dan Ives raised his price target on Tesla to $1,400, we found out that Elon Musk has offloaded yet…

Oil Set To End The Year On A Bullish Note

Dec 28, 2021 at 11:04 | Tom Kool

The oil markets are poised to end 2021 on a relatively high note, as concerns of Omicron impacting global demand in the same way that Delta did turned out to…

U.S. Gasoline Prices Haven’t Peaked Just Yet

Dec 28, 2021 at 08:31 | Irina Slav

U.S. gas prices could rise to almost $3.80 per gallon before peaking, according to new data from GasBuddy reported exclusively by CNN. According to the forecast data, the national…

Record-Breaking Gas Prices Prompt Iran To Boost Production

Dec 27, 2021 at 16:20 | Simon Watkins

As great as Iran’s oil reserves are, its gas reserves are even greater, with official estimated proven natural gas reserves of 33.78 trillion cubic metres (Tcm), second only…

What’s In Store For Energy Prices In 2022?

Dec 27, 2021 at 11:56 | Irina Slav

U.S. crude oil prices hit a high of $86.40 per barrel in October this year. The trends that led to this peak also…

Three Ways To Play The 2022 EV Boom

Dec 27, 2021 at 11:04 | Alex Kimani

By their own standards, electric vehicle stocks have had a rather quiet year in 2021 after enjoying a bumper season in 2020. With just four trading sessions left…

Big Oil Is Leading The Charge In The Renewable Revolution

Dec 27, 2021 at 08:55 | Robert Rapier

The energy revolution, accelerated by the pandemic, is changing the DNA of the oil and gas industry at its core. In a recent interview Glynn Williams,…

LNG Shippers Are ''Printing Money'' Despite Huge Volatility

Dec 27, 2021 at 06:29 | ZeroHedge

Shippers of containerized goods were caught off guard this year. Never before had container spot rates risen so far, so fast. But shippers of liquid and dry…

U.S. Exchanges Eye Indian Tech And Energy As Chinese Companies Get The Boot

Dec 24, 2021 at 07:47 | ZeroHedge

The federal government is about to finally force Chinese companies to de-list from American exchanges for refusing to adhere to American accounting standards. And for the last five months since…

Energy Groups Call For Government Intervention As Power Prices Skyrocket

Dec 24, 2021 at 07:35 | City A.M

Trade Association Energy UK – which represents over 100 members – has described record wholesale gas and power prices as a “market-wide crisis” and has criticized chancellor Rishi…

U.S. Oil Rig Count Jumps Along With Crude Prices

Dec 23, 2021 at 12:31 | Charles Kennedy

The number of active drilling rigs in the United States last week rose by 7, bringing the total to 586 as oil prices remain relatively strong despite the fresh…

Tight Crude Inventories Push Oil Prices Back To Mid-$70s

Dec 23, 2021 at 11:47 | Tom Kool

Oil prices have risen back to the mid-$70s this week as a result of tighter U.S. crude inventories and a force majeure on Libyan crude oil exports.

Commodity Traders Find Huge Arbitrage Opportunity As LNG Ships Head For Europe

Dec 23, 2021 at 10:59 | ZeroHedge

A breakneck rally in European natural gas prices continued Tuesday, catapulting the benchmark to a new record high with premiums above Asia and…

Iran Guns For Top Position In Middle East Petrochemicals Market

Dec 22, 2021 at 17:47 | Simon Watkins

Now that its Guriyeh-Jask oil pipeline has been finalised, Iran’s core focus in any sanctions environment remains the ongoing development of…

Germany’s Reaction To The Energy Crisis Could Be Catastrophic

Dec 22, 2021 at 11:13 | Julianne Geiger

The European gas crisis has hogged energy headlines for months. But that hasn’t stopped Germany from retiring half of its nuclear capacity by the end of the year…

Oil Supply Crunch Could Trigger A String Of Energy Crises

Dec 22, 2021 at 11:00 | Tsvetana Paraskova

While oil markets are concerned about the immediate hit to demand from the Omicron COVID surge and a looming oversupply, officials at oil-producing countries and industry executives have…

U.S. LNG Exporters Stand To Benefit From EU Energy Crisis

Dec 22, 2021 at 10:52 | Alex Kimani

A severe shortage of natural gas, declining wind power output, nuclear outages, and cold weather have conspired to hand Europe one of its worst energy crises on record.…

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