Le Monde reports Belgium’s ports drowning…
BP's new oil production facility…
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…
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.
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…
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…
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)…
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…
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…
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 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…
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.
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…
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…
U.S. West Texas Intermediate crude oil is edging lower at the end of the week with prices being dragged down by weak U.S. fuel demand, fears of a second wave…
1. Shale bust is here- Shale wells decline somewhere between 70 and 90 percent from…
To be honest, the strong rally we are seeing in the stock market right now has me a bit confused. I look around at a country with around fifteen percent…
Three Events to Watch in the Global Oil Patch First, while the markets are again overly obsessed with OPEC news (particularly in the aftermath of an oil price war), all…
The latest escalation between the U.S. and China could compromise U.S. energy sales worth $52 billion that China pledged to make over the next few years as part of the…
- Much to Turkey’s dismay, the EastMed gas pipeline project has been approved by the Cypriot cabinet, and studies are currently in progress. The consortium comprises Cyprus-Greece-Israel for the 1300-mile…
Global investment in energy will fall by $400 billion in 2020, the largest single-year decline in history. U.S. shale will be hit particularly hard, with capex set to…
With Rosneft having effectively taken control of Kurdistan’s oil and gas sector in northern Iraq through the deal done in November 2017, Russia had been looking to leverage this presence…