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Global Intelligence Report - 17th April 2019

Global Intelligence Report - 17th April 2019

Apr 17, 2019 at 12:50 | Editorial Dept

Geopolitical Notebook Oilprice Assets on the Ground in Tripoli… Haftar’s Problem With Libya’s Oil Revenues This week, Oilprice.com was on the ground in Tripoli, reporting from the Ain Zara District,…

Russia’s Shadow Hangs Over Oil Markets

Russia’s Shadow Hangs Over Oil Markets

Apr 17, 2019 at 12:46 | Editorial Dept

Last week’s note had a geopolitical focus as we laid out why we think Donald Trump will have an outsized impact on oil prices this Spring. Our theory here is…

Is Carbon Capture And Storage Unavoidable?

Is Carbon Capture And Storage Unavoidable?

Apr 17, 2019 at 12:43 | Ross McCracken

Carbon Capture and Storage (CCS) has so far been more notable for its failures than its successes. In North America, only two commercial-scale post-combustion projects have been completed, both retrofitted…

Foreign Carmakers Fight Uphill Battle Against Chinese EV Giants

Foreign Carmakers Fight Uphill Battle Against Chinese EV Giants

Apr 17, 2019 at 11:42 | Irina Slav

With China’s notoriety as the world’s largest electric-vehicle market, it’s hardly any wonder that all international carmakers are vying for a piece of the EV pie that is only going…

The Giant Floating LNG Project You’ve Never Heard Of

The Giant Floating LNG Project You’ve Never Heard Of

Apr 17, 2019 at 10:20 | Viktor Katona

One of Africa’s brightest LNG prospects, Tortue FLNG is edging increasingly closer to its estimated commissioning date, 2022. It is one of the largest deepwater gas find of recent years…

Scientists Find Oil-Eating Superbacteria On Bottom Of The Ocean

Scientists Find Oil-Eating Superbacteria On Bottom Of The Ocean

Apr 16, 2019 at 16:29 | Haley Zaremba

Scientists from Ocean University in Qingdao, China and the University of East Anglia in Norwich, England have made an incredible discovery that could one day save the planet from the…

The 2020 Elections Could Be A Turning Point For Oil & Gas

The 2020 Elections Could Be A Turning Point For Oil & Gas

Apr 16, 2019 at 16:25 | Nick Cunningham

Under the next president, U.S. oil and gas companies could lose access to fracking on federal lands. Democratic presidential candidate Elizabeth Warren has proposed a ban on new drilling on…

Oil Bulls Undaunted By OPEC Fears

Oil Bulls Undaunted By OPEC Fears

Apr 16, 2019 at 11:50 | Tom Kool

Trader Alert: For the first time ever, Oilprice.com is making its annual Top 50 Oil & Gas Companies report available to members. Sign up to…

U.S. Energy Consumption Hits All-Time Record

U.S. Energy Consumption Hits All-Time Record

Apr 16, 2019 at 10:37 | Irina Slav

Energy consumption in the United States reached an all-time high last year, data from the Lawrence Livermore National Laboratory showed. According to the laboratory, the United States consumed 101.2…

U.S. Doubles Oil Exports In 2018

U.S. Doubles Oil Exports In 2018

Apr 16, 2019 at 09:20 | Julianne Geiger

The United States nearly doubled its oil exports in 2018, the Energy Information Administration reporting on Monday, from 1.2 million barrels per day in 2017. The 2.0 million barrels…

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