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U.S. Drilling Activity Slips

U.S. Drilling Activity Slips

The total number of active…

OPEC+ Can Stop An Oil Rally To $100

OPEC+ Can Stop An Oil Rally To $100

The OPEC+ group could influence…

Energy / Energy-General

How Hard Did The Texas Freeze Hit U.S. Shale Production?

Feb 23, 2021 at 09:07 | Charles Kennedy

U.S. shale oil production in the first quarter will be lower than previously expected because of the sub-zero temperatures and snowstorms that put Texas in the spotlight last week and…

Should You Follow Buffett Into Energy Stocks?

Feb 22, 2021 at 17:52 | Alex Kimani

For decades, Berkshire Hathaway (NYSE:BRK.B) chairman and CEO Warren Buffett maintained a pretty conservative approach to investing, favoring retail and banking stocks while avoiding sectors such as tech and energy.…

Iran Doubles Down On Nuclear Ambitions As It Expands Oil Influence

Feb 22, 2021 at 16:59 | Simon Watkins

Tehran’s broad strategy regarding the U.S. is to seek to push new President Joe Biden back into a non-renegotiated nuclear deal, which favours Iran, whilst at the same time allowing…

Europe’s Rare Earth Dependency Dilemma

Feb 22, 2021 at 15:35 | Irina Slav

Solar panels. Wind turbines. Electric vehicle batteries and motors. These are just four of the things that need one or more of a group of minerals known as rare earths.…

Goldman Sachs Sees $75 Oil In Q3 2021

Feb 22, 2021 at 13:56 | Tsvetana Paraskova

Goldman Sachs is now even more bullish on oil, expecting Brent Crude prices to hit $75 a barrel in the third quarter this year, on the back of faster market…

Iran Claims U.S. Sanctions Cost $1 Trillion, Demands Compensation

Feb 22, 2021 at 12:07 | ZeroHedge

A major crisis was narrowly averted Sunday over Iran's nuclear facilities and the planned booting of IAEA inspectors from key sites, scheduled according to a prior Iranian parliament…

Investment In Battery Tech Exploded In 2020

Feb 22, 2021 at 09:48 | Robert Rapier

Last fall Swedish lithium-ion battery maker Northvolt announced that it had raised $600 million in equity to invest in capacity expansion, research and development, and large-scale recycling. The capital raise…

Airlines Slammed By Soaring Jet Fuel Prices

Feb 22, 2021 at 09:00 | Irina Slav

Prefer to watch a video about jet fuel demand? Find Goldman Sachs' latest forecast here Jet fuel prices hit a 13-month high last week as…

Can This Man-Made “8th Continent” Help Clean Up The Ocean?

Feb 19, 2021 at 15:18 | Haley Zaremba

Spanning the nearly unthinkably vast expanse of the Pacific ocean, all across the 5,355 miles of ocean between the West Coast of the United States and the islands…

Even Bill Gates Is Struggling To Go Completely Green

Feb 19, 2021 at 15:16 | Haley Zaremba

We’ve all heard about campaigns urging institutions, wealthy individuals, and world leaders to divest from fossil fuels. On the surface, it makes a lot of sense: in order…

Can OPEC+ Maintain Order As Oil Prices Rise?

Feb 19, 2021 at 15:10 | Irina Slav

After months of neglect from traders, oil became a hot commodity again this month as Brent surged over $65 a barrel and WTI…

Can Oil And Electric Vehicles Coexist In Modern Markets?

Feb 19, 2021 at 15:05 | Haley Zaremba

Although the novel coronavirus has wreaked havoc on many sectors of the global economy, leaving double the people unemployed in the United States as compared to February of…

Bitcoin’s Market Cap Hits $1 Trillion As America’s Largest Mining Facility Goes

Feb 19, 2021 at 14:54 | Felicity Bradstock

As Texas is hit hard by a severe winter storm, bringing snow and freezing temperatures, Bitcoin mining farms go offline as the currency’s value reaches an all-time high.  …

Texas Storm Shut In As Much As 4 Million Bpd Of U.S. Oil Production

Feb 19, 2021 at 13:34 | Tsvetana Paraskova

The severe winter storm that swept through the United States this week likely shut in between 2 million barrels per day (bpd) and 4 million bpd of the total U.S.…

Oil Prices Fall Back Below $60

Feb 19, 2021 at 12:43 | Tom Kool

Oil prices have fallen back below $60 but remain at levels not seen since January 2020.In this week's

Oil Rig Count Ends Twelve Week Streak Of Gains As Oil Prices Slip

Feb 19, 2021 at 12:27 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States stayed the same this week. The total number of active oil and gas…

Big Oil To See Production Peak In 2028

Feb 19, 2021 at 10:44 | Tsvetana Paraskova

The pandemic shock to demand and the energy transition strategies are set to bring peak crude and natural gas production for Big Oil in 2028, at a lower volume and…

What The #%@$ Is Happening In Texas?

Feb 18, 2021 at 17:07 | Julianne Geiger

The narrative this week has quickly shifted from stimulus hopes, vaccines, and virus mutations to what is now known as the Texas Freeze--and the energy market has been turned upside…

Iran Plans Petrochemical Boom Despite U.S. Sanctions

Feb 18, 2021 at 16:54 | Simon Watkins

Given the extreme unlikelihood of the U.S. returning to the currently structured Joint Comprehensive Plan of Action (JCPOA), and Iran’s unwillingness to renegotiate the deal any time soon, the…

Why Tanzania’s Oil And Gas Boom Isn’t Taking Off

Feb 18, 2021 at 16:07 | Viktor Katona

Mozambique’s failure to provide sufficient security to the operators of Mozambique and Rovuma LNG has triggered ample speculation in oil and gas market lobbies as potential investors assess the risks…

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