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U.S. Oil, Gas Drillers See Continued Slowdown

U.S. Oil, Gas Drillers See Continued Slowdown

The total number of active…

Belgium's Ports Are Brimming With Unsold Chinese EVs

Belgium's Ports Are Brimming With Unsold Chinese EVs

Le Monde reports Belgium’s ports drowning…

Energy / Energy-General

5 Major Takeaways From The IEA's World Energy Outlook 2020

Oct 14, 2020 at 16:35 | Alex Kimani

A few years back, the fossil fuel sector was doing just fine while renewable and alternative energy investments were considered a wildcard because the sector was regarded as…

What’s Behind The Azerbaijan-Armenia Conflict?

Oct 14, 2020 at 13:17 | Defense and Foreign Affairs

By October 2020, Turkey seemed closer than at any time since the Cold War to unambiguous and overt hostilities with Russia. But, then, Turkey was already…

Energy Traders Expect Another Jump In Natural Gas Prices

Oct 14, 2020 at 11:54 | ZeroHedge

Natural-gas futures soared to levels not seen in more than seven quarters this week, as colder weather in the latest round of forecast data suggests energy demand is set to…

Why Saudi Arabia May Be Forced To Start Another Oil Price War

Oct 13, 2020 at 17:21 | Cyril Widdershoven

The ongoing weakness of global oil markets seems to be stoking tensions within OPEC+, and a split within its leadership is now imminent. From the start of this…

Is U.S. Shale Finally Bouncing Back?

Oct 13, 2020 at 17:19 | David Messler

As the oil price dropped through the first and second quarters of this year, oil companies closed in wells and laid off drilling and fracking crews. Activity bottomed…

OPEC Report Reflects Negative Sentiment In Oil Markets

Oct 13, 2020 at 16:59 | Julianne Geiger

OPEC has again revised down world oil demand in 2021, according to the cartel’s latest Monthly Oil Market Report, and combined with OPEC’s consistent production quota laggards and rising U.S.…

5 Reasons To Doubt The Turkish Giant Gas Discovery

Oct 13, 2020 at 12:56 | Viktor Katona

A little more than a month ago Turkey has victoriously announced that the Tuna-1 wildcat, drilled to a total depth of 4525 metres, has discovered the most prolific Turkish offshore…

Oil Holds Its Breath As Presidential Election Approaches

Oct 13, 2020 at 12:29 | Josh Owens

Oil prices appear to be waiting for the presidential election before making any major moves, with prices falling due to rising Libyan oil production before climbing on positive news out…

The Real Reason China Is Betting Big On Renewables

Oct 13, 2020 at 12:06 | Haley Zaremba

The energy and environmental sectors are still abuzz with the ambitious carbon neutrality plan announced by Beijing almost a month ago. Chinese President Xi Jinping announced that China…

Morgan Stanley Sees Oil Prices Struggling To Break Above $50

Oct 13, 2020 at 10:43 | Tsvetana Paraskova

Oil prices will struggle to rise above $50 a barrel because of the technological shift in U.S. shale that has unlocked more production in recent years, and because of the…

$1.7 Trillion Green Energy Spending Spree Could Send Solar Stocks Soaring

Oct 13, 2020 at 09:53 | Alex Kimani

The shift from high-carbon fuels to clean energy is in full swing, and solar stocks are enjoying their moment in the sun. Solar ETF, Solar Invesco ETF

The Next Couple Of Months Are Crucial For U.S. Oil

Oct 12, 2020 at 17:36 | Tsvetana Paraskova

The U.S. oil industry faces a bumpy road to recovery from the steepest slump in oil demand in history.  Oil demand in the United States and…

Russian LNG Gets A Climate Change Boost

Oct 12, 2020 at 15:44 | Irina Slav

Russia’s Novatek said last week it planned to triple current liquefied natural gas production rates to as much as 70 million tons annually by 2030. That’s despite the current glut…

Middle East Natural Gas Megaprojects Face Major Risks

Oct 12, 2020 at 15:06 | Cyril Widdershoven

In a new report, the Arab Petroleum Investment Corporation (Apicorp), the investment fund of the Organization of Arab Petroleum Exporting Countries (OAPEC), states that the ongoing oil market crisis and…

Goldman Sachs: Biden Win Is Bullish For Oil

Oct 12, 2020 at 13:38 | Tsvetana Paraskova

A Joe Biden win at next month’s U.S. elections will likely be an upward catalyst for oil prices because it will increase costs for the shale patch and will likely…

Scientists Find New Way To Unlock Rare Earth Deposits

Oct 12, 2020 at 13:05 | MINING.com

Researchers at the University of Exeter and the Australian National University published a study…

IEA: Natural Gas Demand To See Largest Drop Ever In 2020

Oct 12, 2020 at 11:05 | Tsvetana Paraskova

Despite some uptick in consumption in recent months, the world’s demand for natural gas is still set to see its biggest drop on record in 2020, the International Energy Agency…

Oil Prices Slide As Gulf Of Mexico Operators Race To Restart Production

Oct 12, 2020 at 09:10 | Charles Kennedy

Oil and gas companies operating in the Gulf of Mexico are beginning to return evacuated staff to offshore platforms after Hurricane Delta, Reuters reported, citing updates from Chevron, Shell,…

What Is Slowing The Oil Market Recovery?

Oct 09, 2020 at 17:06 | Tsvetana Paraskova

Just after global oil demand crashed by 20 percent in April, analysts predicted that consumption would recover in the second half of 2020 and, supported by the OPEC+…

The World’s First Fully Driverless Vehicle Ready To Hit The Roads

Oct 09, 2020 at 16:32 | Josh Owens

Waymo just announced its plans to deploy vehicles without backup safety drivers, making a major milestone in a sector that has…

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