Call options are currently trading…
Apache, Marathon Oil Corp. and…
BHP has commenced oil production in Trinidad and Tobago in the next big energy development in the Caribbean. After recent successes in Guyana and Suriname’s energy…
A British Supreme Court ruling has brought to a head a 13-year-old battle to hold Royal Dutch Shell accountable for massive oil spills in the Niger Delta in…
There was a slight pullback in oil prices following Wednesday’s highs, but the rally is still very much on and bullish sentiment is palpable as summer driving season nears.
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States increased by 8 this week, bringing the total rig count to 448. In…
The American Petroleum Institute has called on the U.S. federal government to take note of Mexico's energy industry reforms as spearheaded by President Andres Manuel Lopez Obrador, saying recent changes…
The U.S. oil supermajors are leading by example what shale drilling discipline should look like. Neither ExxonMobil nor Chevron are rushing to boost production in the biggest American shale play,…
The US shale industry is set to achieve a significant milestone in 2021: If WTI futures continue their strong run and average at $60 per barrel this…
We live in a world where words are very carefully chosen. Companies hire public relations firms to give just the right “spin” to what they are saying. Politicians…
A shortage of tanker truck drivers in the United States made headlines recently, sparking fears that Americans may face higher prices at the pump this driving season, just as…
China's dominance in green energy technologies are rare earth metal production is very concerning to the International Energy Agency (IEA), who posted a stark warning Wednesday advising western governments to stockpile…
"Dark energy is not only terribly important for astronomy, it's the central problem for physics. It's been the bone in our throat for a long time." --Steven Weinberg, Nobel Laureate,…
Oil prices dropped on Thursday morning, cutting short the rally to $70 a barrel after the world’s third-largest oil importer, India, reported a fresh record of new daily coronavirus cases.…
There are three key reasons why the development of a world-class petrochemicals (petchems) sector is vital to Iraq’s future. First, its heavy reliance on crude oil exports makes…
Saudi Arabia’s national oil company Aramco has again outperformed forecasts. The world’s largest oil company, and 2nd largest listed company, reported a free cash…
It’s almost impossible to qualify, much less quantify, the amount of disruption and destruction the spread of the novel coronavirus caused to the global economy. One of the…
Suspected Islamic State militants blew up two oil wells with bombs near the northern Iraqi city of Kirkuk on Wednesday, killing at least one security officer and setting the oil…
Crude oil and refined petroleum product exports from the United States hit a record high last year, turning the country into a net exporter. This year, as more economies are…
In a virtual climate summit with 41 world leaders last month, President Joe Biden unveiled an ambitious ten-year Climate Plan that has proposed cutting U.S. greenhouse gas emissions by 50-52%…
Chart of the Week
The National Tank Truck Carriers (NTTC) industry trade group warns that a worsening semi-truck driver shortage may spark higher fuel prices and gas shortages this summer. CNN reported that industry…