There are disparities in climate…
Battery storage was the fastest-growing…
“I would use tariffs, if I had to. I don’t think I’m going to have to,” U.S. President Trump told media on Sunday as quoted by CNBC, in response…
Russia may be willing to reduce its oil production by as much as 1 million bpd, or a little under 10 percent of its March average but only if the…
Saudi Arabia and Russia are “very, very close” to reaching an agreement on how to react to the low oil prices, Kirill Dmitriev, chief executive at Russia’s sovereign wealth fund,…
The first three months of 2020 have shocked the global energy market to its foundations. The toxic mix of coronavirus, a global economic recession, and an unexpected OPEC+…
ExxonMobil saw its credit rating downgraded by Moody’s on Thursday from Aaa to Aa1, with a Negative outlook. Two weeks ago, S&P
As prices crashed, the supermajors resorted to one of the last tools they have before starting to potentially consider the painful idea of cutting dividends, taking on more debt International…
On December 3rd, the British Columbia (B.C.) government put an end to commercial logging in the Skagit headwaters. The vast cross-border coalition of…
Oil and gas production in the North Sea became viable due to the 1973 oil crisis. The Arab-Israeli conflict caused a serious disruption that led to skyrocketing prices.…
Ventilators from Tesla. Hand sanitizer from Anheuser Busch and fellow distillers. Face masks from General Motors. It sounds like something out of a science fiction—or possibly parody—novel, but…
The gas giant Gazprom is no longer in the spotlight after the US Treasury sanctioned Rosneft, the Russian national oil company, most probably triggering the collapse of the…
I have been warning since January that the long-term ramifications of the ongoing coronavirus (COVID-19) outbreak on the oil industry could be significant and long-lasting. In…
The current optimism of analysts and the media that an end to the ongoing OPEC+ oil price spat is near is entirely unjustified. The ongoing oil market volatility,…
As the world continues to grapple with the fallout from the coronavirus crisis, some of the largest oil producers in the world are coming together with the potential of a…
Baker Hughes reported that the number of oil and gas rigs in the US fell again this week by 64, falling to 664, with the total oil and gas rigs…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher on Friday on increased expectations of a production cut by OPEC and other major producers known as…
1. Gasoline demand plunges to 26-year low- Unsurprisingly, U.S. gasoline demand has fallen sharply. -…
Global COVID Update Globally, situations are emerging that all investors should be prepared for. We recommend getting out in front of the following pending realities: - Amid the COVID pandemic,…
If the history of the so-called “Great Recession” of 2008-9 is to be believed, while the current carnage in the energy space will negatively impact a lot of people, both…
Oil may have gained 20% on Trump’s tweets Thursday, but heed this: Even if OPEC+ agrees to a purported 10-million-bpd cut and even considering that China has ordered all of…
U.S. shale oil companies have started a lobbying campaign with Washington to take a more aggressive stance against Russia and Saudi Arabia to force them to cut oil production, the…