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Oilfield Services Shine As Energy Earnings Lift Off

Oilfield Services Shine As Energy Earnings Lift Off

As earnings season kicks off,…

A Lesson From The Energy Crisis: We Need More American Oil & Gas

A Lesson From The Energy Crisis: We Need More American Oil & Gas

The American Petroleum Institute issued…

Energy / Energy-General

The Overlooked Risk Of A Major Attack In The Middle East

Jan 20, 2023 at 07:56 | Editorial Dept

While Russia’s clearly protracted war in Ukraine will continue to cause global energy volatility and uncertainty, the market has taken its eye off a number of developments that…

Bullish Sentiment Builds As China's Recovery Continues

Jan 20, 2023 at 07:50 | Michael Kern

Oil bulls appear to have gained the upper hand this week as China's recovery continues and both the IEA and OPEC raised their global demand forecasts.Oilprice Alert: In this…

Oil Prices Set For Another Weekly Gain As Chinese Demand Rebounds

Jan 20, 2023 at 04:57 | Irina Slav

Crude oil prices are about to end this week with another gain, driven by optimism about demand rebound in China. It was that same optimism that yesterday pushed prices to…

Windfall Taxes Will Stifle Oil Industry Investments

Jan 19, 2023 at 14:03 | Irina Slav

Windfall taxes have suddenly become quite popular. With oil and gas companies reaping record profits from the rally in energy commodity prices, governments have been unable to resist…

Russia’s Oil And Gas Revenues Are In Decline

Jan 19, 2023 at 12:18 | Tsvetana Paraskova

Russia’s current account surplus hit a record last year as imports fell with the sanctions while the value of exports surged as commodity prices soared in the wake…

EIA Inventory Report Pushes Oil Lower

Jan 19, 2023 at 10:07 | Irina Slav

Crude oil prices ticked lower today after the U.S. Energy Information Administration reported an estimated 8.4-million-barrel build in crude oil stocks for the second week of January. This compared…

High Oil Prices And Mineral Demand Fuel Growth In Latin America

Jan 19, 2023 at 09:10 | Oxford Business Group

Amid a challenging year for the global economy, which navigated inflation, conflict, climate-related extreme weather events and supply chain disruptions, Latin America and the Caribbean showed resilience in…

Energy Security Was The Most Important Topic In 2022

Jan 19, 2023 at 08:33 | Alex Kimani

The Energy Intelligence 2023 outlook report sheds light on a very important sentiment that will guide the market this year: It’s not the energy transition or even the…

Scientists Tap Artificial Intelligence To Revolutionize Battery Chemistry

Jan 19, 2023 at 08:29 | Brian Westenhaus

Argonne National Laboratory scientists explain upgrading the hunt for electrolytes with artificial intelligence that could enable revolutionary battery chemistries. A new paper published in…

Why 2023 Will Be Another Strong Year For The Oil Industry

Jan 18, 2023 at 12:59 | Irina Slav

Last year was a good year for the oil industry. Despite predictions of its looming demise as renewable energy leads to electrification that in turn leads to the…

A Lesson From The Energy Crisis: We Need More American Oil & Gas

Jan 18, 2023 at 11:56 | Tsvetana Paraskova

At the start of 2023, the main U.S. oil lobby resumed calls on the Biden Administration to increase access to domestic oil and gas resources, reform the permitting…

Is Artificial Intelligence A Net-Positive For Carbon Emissions?

Jan 18, 2023 at 08:18 | Haley Zaremba

Artificial Intelligence is increasingly becoming an essential component of the energy industry. As world leaders get more serious about meeting climate goals, the energy industry is facing the…

EV Makers Brace For Another Tough Year

Jan 18, 2023 at 07:50 | Felicity Bradstock

Electric vehicle (EV) makers are facing a conundrum due to the uncertain outlook of the EV market in 2023. On the one hand, governments worldwide are pushing for…

Scientists Make Major Breakthrough In Sustainable Hydrogen Production

Jan 18, 2023 at 07:34 | Brian Westenhaus

University of Michigan scientists developed a new kind of solar panel achieving 9% efficiency in converting water into hydrogen and oxygen – mimicking a crucial step in…

Russia’s Economy Is Beginning To Feel The Weight Of Sanctions

Jan 18, 2023 at 07:21 | Felicity Bradstock

After nearly a year of gradually mounting sanctions, as major world powers cut their ties with Russia over its invasion of Ukraine, it appears that thenation is finally…

IEA Sees Global Oil Demand Hitting A Record High In 2023

Jan 18, 2023 at 05:39 | Tsvetana Paraskova

China’s reopening is set to drive global oil demand to a record high of 101.7 million barrels per day (bpd) this year, up by 1.9 million bpd from 2022, the…

Oil Prices Rally As Confidence In A Global Economic Rebound Grows

Jan 18, 2023 at 03:42 | Tsvetana Paraskova

Oil prices extended Tuesday’s gains into Wednesday, rising by 1% in early European trade, as market sentiment turned bullish on hopes that China’s reopening would boost demand growth and major…

Oil Rises As OPEC Sees Chinese Demand Rebounding

Jan 17, 2023 at 10:22 | Tom Kool

In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets. 

Saudi Arabia Is Open To Discuss Non-Dollar Oil Trade Settlements

Jan 17, 2023 at 09:43 | Charles Kennedy

Saudi Arabia, the world’s largest crude oil exporter, is open to discussing oil trade settlements in currencies other than the U.S. dollar, Saudi Minister of Finance, Mohammed Al-Jadaan, told

How Long Can Russia Afford To Continue Its War In Ukraine?

Jan 17, 2023 at 08:24 | The Jamestown Foundation

The final deficit of the Russian federal budget for 2022 appeared to be 3.35 trillion rubles, almost $48.8 billion according to the average exchange rate during the year.…

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