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Energy / Energy-General

Technology Will Become More Important Than Oil For Energy Markets

Oct 22, 2020 at 16:04 | Haley Zaremba

The phrase “peak oil” has been getting a lot of airtime in the media lately. One headline scoffs at the idea of peak…

Oil Jumps On U.S. Stimulus Hopes

Oct 22, 2020 at 10:59 | Tsvetana Paraskova

Following the biggest daily slide in three weeks on Wednesday, oil prices rose by more than 2 percent on Thursday morning after House Speaker Nancy Pelosi instilled hope in the…

U.S. Gasoline Demand Drops  

Oct 22, 2020 at 09:34 | Tsvetana Paraskova

U.S. gasoline demand is weakening, prompting refineries to additionally cut capacity utilization and crude processing in a sign that resurging coronavirus cases are derailing fuel demand recovery. According to this…

Tech Breakthrough Promises Hydrogen Gas From Plastic Waste

Oct 21, 2020 at 16:55 | Alex Kimani

The plastics and petrochemicals industry could, in an ironic twist, get a boost from a new technology that scientists say can turn plastic waste into the holy grail of hydrogen…

Big Oil Hamstrung In Tackling Methane Problem

Oct 21, 2020 at 13:47 | Irina Slav

When the coronavirus first spread around the world, emissions-tracking organizations reported good news: the drop in industrial activity and oil and gas drilling had resulted in lower emissions of a…

The Battle For More Efficient Energy

Oct 21, 2020 at 13:45 | Haley Zaremba

There is a war going on. And no, it’s not the one you think. This is a war against energy efficiency. The attack is on two fronts: a…

Oilfield Services Giant Baker Hughes Reports Loss

Oct 21, 2020 at 11:11 | Tsvetana Paraskova

Oilfield services provider Baker Hughes (NYSE: BKR) reported a loss for the third quarter, like its competitors Schlumberger and Halliburton, amid lower demand for drilling services and equipment after…

There’s Nothing That Can Stop The World’s Next Oil Hotspot

Oct 20, 2020 at 17:39 | Matthew Smith

While the deeply impoverished South American country of Guyana is attracting the lion’s share of attention when it comes to oil, it is…

Alberta Unimpressed By Canadian Plastics Ban

Oct 20, 2020 at 15:08 | Irina Slav

Earlier this month, Canada’s federal government confirmed plans to ban several single-use plastic items by the end of next year as part of…

Oil Prices Aren’t Going Anywhere Until The Election

Oct 20, 2020 at 12:24 | Josh Owens

Chart of the Week

Three Energy Stocks To Watch On Election Day

Oct 20, 2020 at 09:59 | Alex Kimani

With the U.S. presidential elections just two weeks away, the U.S. energy sector is facing one of those nail-biting moments where nobody seems to agree on what the…

This Deal Could Create The Next Big Shale Giant

Oct 20, 2020 at 09:02 | Irina Slav

Just a day after ConocoPhilips announced it will buy Concho Resources, another U.S. oil major was reported to be in talks to buy a fellow driller. Pioneer Natural Resources is…

OPEC+ Is On The Brink Of A Crisis

Oct 19, 2020 at 18:17 | Cyril Widdershoven

The OPEC+ member countries are on the brink of a financial crisis if the latest assessments of the International Monetary Fund (IMF) are accurate. The IMF has presented…

Iran To Import North Korean missiles In 25-Year Military Deal With China

Oct 19, 2020 at 15:57 | Simon Watkins

Following the end on the 18th of October of the 13-year United Nations’ embargo on Iran buying or selling weapons, the roll-out of the military component of the 25-year…

Offshore Oil & Gas Poised For A Major Rebound

Oct 19, 2020 at 12:42 | Irina Slav

In a year marked by huge spending cuts across the oil and gas industry amid urgently revised budgets and slashed investments, some analysts are now expecting a light…

Halliburton Sees Fracking Activity Picking Up

Oct 19, 2020 at 11:58 | Tsvetana Paraskova

Halliburton Company (NYSE: HAL), the largest fracking services provider in North America, sees activity across the shale patch stabilizing as it reported another net loss this year due to…

ISIS Calls For Attacks On Saudi Oil Industry

Oct 19, 2020 at 10:04 | Irina Slav

The Islamic State has called on its members to start targeting Saudi Arabia oil infrastructure as punishment for the Kingdom warming up to Israel. “Targets are plenty…Start by hitting and…

Oil Majors Stuck Between A Rock And A Hard Place

Oct 16, 2020 at 17:15 | Andreas De Vries

The past few years have been historic for as far as crude oil forecasts are concerned. Back in 2015 the view that crude oil demand…

Big Banks Could Lose Billions In The Global Energy Transition

Oct 16, 2020 at 17:14 | Irina Slav

JP Morgan pledged to help clients align their business with Paris Agreement emission targets. HSBC announced up to a $1 trillion in green energy funding. An investor group…

How Long Will China Continue To Prop Up The Oil Market?

Oct 16, 2020 at 17:12 | Tsvetana Paraskova

China has played a significant role in supporting global oil demand recovery in recent months by importing its highest-on-record crude volumes since May.  Customs import data…

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