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Energy / Energy-General

Oil Majors Scramble To Evacuate Platforms In Gulf Of Mexico

Jun 04, 2020 at 09:06 | Irina Slav

BP has begun evacuating workers from three platforms in the Gulf of Mexico, shuttering production as tropical storm Cristobal approaches the area before it makes landfall in Louisiana during the…

Are Investors Ignoring The Largest Financial Risk Ever?

Jun 03, 2020 at 16:57 | Nick Cunningham

Financial markets are vastly underestimating the financial risk from climate change, according to the International Monetary Fund.  Global temperatures have already increased by 1.1 degrees Celsius…

Are Diamonds The Future Of Energy Storage?

Jun 03, 2020 at 16:45 | Tsvetana Paraskova

The advance of renewable energy and electric vehicles (EVs) has incentivized scientists to look into various ways to solve the problem with efficient energy storage, which is the…

U.S. States Just Lost Pipeline Veto Rights And That’s A Big Deal For Oil

Jun 03, 2020 at 13:12 | Julianne Geiger

The oil and gas industry in the United States scored a big win this week after the EPA narrowed the focus of a rule that up until now,…

The Biggest Question For Oil Markets As Brent Breaks $40

Jun 03, 2020 at 13:03 | Amad Shaikh

Brent futures have broken above $40 for the first time since early March. Volatility continues to trend downwards, with the biweekly rolling average moving towards mean levels. Physical oil has…

$40 Oil In Sight As OPEC+ Considers Extension

Jun 02, 2020 at 12:53 | Josh Owens

Oil prices climb ahead of highly-anticipated OPEC+ meeting. 

Breaking Down Biden's Energy Policy

Jun 02, 2020 at 12:24 | Leonard Hyman & William Tilles

The Trump administration’s energy policy, as we consider the two candidates for our nation’s highest office, has been very clear. It rests on three conceptual pillars. Remove regulatory…

Oil Prices Spike On Hopes Of OPEC+ Deal Extension

Jun 02, 2020 at 09:50 | Tsvetana Paraskova

Oil prices rose early on Tuesday as market participants hope that the OPEC+ group may decide in the coming days to roll over for a month or two the current…

The Future Of Wind Energy

Jun 01, 2020 at 13:14 | Tsvetana Paraskova

Proponents of renewable energy have faced criticism for years that while wind and solar power generate clean energy, the supply chain behind the technologies used in wind tower…

The Big Tech Company Backing Canada's Oil Sands

Jun 01, 2020 at 12:56 | Michael Kern

As uncertainty continues to wreak havoc on the global crude market, a surprising partnership between Amazon and one of Canada’s most controversial oil companies may be forming.

Russia Is Quickly Becoming The Most Dominant Force In Energy

Jun 01, 2020 at 12:42 | Defense and Foreign Affairs

Moscow’s oil pricing dispute with the Government of Saudi Arabia, a domestic U.S. oil boom, and a fall in global oil demand since the COVID19 outbreak…

Oil Majors Face Another Impossible Decision

Jun 01, 2020 at 11:54 | Tsvetana Paraskova

The oil industry only has two choices as it reshapes itself after the oil price crash — either become broader energy firms or pursue a narrower specialization in oil and…

Three Reasons Oil Prices Are Bouncing Back

Jun 01, 2020 at 11:14 | Robert Rapier

Oil prices have come a long way since the deep dive into negative territory a month ago. One could argue that the price of West Texas Intermediate (WTI)…

OPEC+ Could Hold Its Next Meeting This Week

Jun 01, 2020 at 08:57 | Irina Slav

The next OPEC+ meeting, initially scheduled for June 9-10, could take place earlier than expected according to a Reuters report that cites a letter from the OPEC president of…

The World Has Too Many Oil Refineries

May 29, 2020 at 17:38 | Nick Cunningham

At the start of the global pandemic in March, refineries around the world had to cut back on processing amid collapsing demand. However, there is a structural problem…

Solar Stocks Are Leading The Energy Market Recovery

May 29, 2020 at 17:23 | Tsvetana Paraskova

The COVID-19 pandemic has hit every part of the energy industry, but investments in renewables are set to drop the least, while renewable energy stocks have outperformed the…

The Uncertain Future Of America’s Most Controversial Pipeline

May 29, 2020 at 17:18 | Julianne Geiger

The U.S. Presidential election coming up in November may well decide the fate of the infamous Keystone XL oil pipeline, with the conservative right and the liberal left…

A Nightmare Scenario For Offshore Oil

May 29, 2020 at 17:17 | Michael Kern

Between low demand, soaring inventories, depressed prices, a global pandemic, and now, hurricane season, it seems a perfect storm is forming around the offshore oil industry. 

Oil Prices Slide As U.S.-China Tensions Return

May 29, 2020 at 12:35 | 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…

Oil And Gas Rig Count Falls For Ninth Straight Week

May 29, 2020 at 12:23 | 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 301, with the total oil and…

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