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Energy / Energy-General

Is Shell’s Dividend Cut Permanent?

Jun 09, 2020 at 12:58 | Leonard Hyman & William Tilles

Investors were more than annoyed when Royal Dutch Shell slashed its dividend by two thirds. Just last year, the giant oil company announced its plan to pay out huge dividends…

World’s Largest Oil Trader Sees Profits Plunge 70%

Jun 09, 2020 at 11:17 | Tsvetana Paraskova

The world’s largest independent oil trader, privately-held Vitol, saw its net profit collapse by 70 percent in the first quarter of 2020, as the coronavirus pandemic and the plunging oil…

Why Saudi Arabia Will Lose The Next Oil Price War

Jun 08, 2020 at 17:35 | Simon Watkins

Saudi Arabia has instigated two oil price wars in the last decade and has lost both. Given its apparent inability to learn from its mistakes it may well instigate another…

Why Big Oil Is Investing In India

Jun 08, 2020 at 15:23 | Alex Kimani

After a brief hiatus following the signing of the Phase One Trade Agreement in January, tensions between Washington and Beijing have once again reached a…

Trump Issues Emergency Executive Order On Pipelines

Jun 08, 2020 at 15:04 | Nick Cunningham

On Thursday, President Trump signed an executive order that guts environmental protections for new mines and pipelines, using an “emergency” declaration. Citing the economic emergency stemming from the fallout…

How 3D Printing Is Tackling Big Oil’s Supply Chain Crisis

Jun 05, 2020 at 17:09 | Irina Slav

Oil company X had problems this spring. It was time for field maintenance, but company X couldn't go ahead with it because it needed spare parts that weren't…

CEOs Bank Big Bonuses As Oil Companies Go Bankrupt

Jun 05, 2020 at 16:38 | Alex Kimani

When public oil and gas companies are doing relatively well, many are happy to adopt a pay-for-performance model to reward CEOs and executives. However, the tables are quickly…

U.S. Shale Outperforms Expectations In Q1

Jun 05, 2020 at 16:33 | Rystad Energy

Following the publication of the energy industry’s first quarterly results since the Covid-19 outbreak, a Rystad Energy analysis reveals a surprising contrast. While the oilfield service (OFS) market…

Mediterranean Oil Tensions Are Boiling Over

Jun 05, 2020 at 16:33 | Charles Kennedy

Under pressure in Libya--where it’s gone head-to-head with General Haftar in an ongoing battle to decide who gets to ultimately control the country’s oil revenues--and floundering in Syria,…

Oil Market Heading For Months Of Deficit

Jun 05, 2020 at 14:42 | Tsvetana Paraskova

The oil market is set for a deficit from August onwards, even after OPEC+ eases the current cuts that are up for a tentative extension through July, Rystad Energy analysts…

Oil Prices Surge As OPEC+ Nears Deal

Jun 05, 2020 at 13:39 | Tom Kool

The recent move by China to pass a national security law in Hong Kong has reignited tensions between Washington and Beijing. Those tensions are now threatening over $52 billion in…

U.S. Rig Count Crashes Below 300

Jun 05, 2020 at 12:17 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 17, falling to 284, with the total oil and…

A Strategy Shift In Energy Investing

Jun 05, 2020 at 11:53 | Editorial Dept

This morning’s U.S. employment report was, I think, the most remarkable data release I have ever seen, at least relative to expectations. Non-farm payrolls, the number of jobs in the…

Unexpectedly Strong Jobs Report Sends Oil Soaring

Jun 05, 2020 at 11:29 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are trading at their highest levels of the week on Friday and inside the price gap created on March 9 when the market…

The Big Oil Bet That Went Bad

Jun 05, 2020 at 11:27 | Editorial Dept

1. Exploding distillate glut- U.S. distillate stocks are soaring, jumping from 136 million barrels in…

Putin Furious After Major Oil Spill

Jun 05, 2020 at 11:25 | Editorial Dept

Politics, Geopolitics & Conflict - Following a massive 20,000-ton diesel oil spill last week in the Ambarnaya River, which eventually feeds into the Arctic Ocean, Russian President Vladimir Putin has…

The End Of Libya's Civil War Is In Sight

Jun 05, 2020 at 11:23 | Editorial Dept

As of Thursday, Libya’s Government of National Accord (GNA) was celebrating in the streets after claiming to have taken full control of Tripoli from General Haftar and his Libyan National…

Big Oil’s Race To Net Zero

Jun 04, 2020 at 17:00 | Irina Slav

European supermajors have been all but shouting about it: they are diversifying into renewable energy, and they will all be net-zero companies by 2050, in line with Paris…

A Perfect Storm For Petrochemicals

Jun 04, 2020 at 16:46 | Nick Cunningham

The oil majors have made huge bets on plastics and petrochemicals in recent years, but those investments look increasingly shaky following the COVID-19 pandemic and economic downturn. Some economies are…

Oil & Gas Still King Despite Renewable Hype

Jun 04, 2020 at 12:53 | Haley Zaremba

The death of coal has run hand-in-hand with the rise of renewable energy, though the real credit for killing king coal might just go to U.S. shale. Even…

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