Donald Trump has asked some…
India is bracing for its…
U.S. shale companies are moving quickly to ax their budgets, hoping to staunch the bleeding as the oil market continues to melt down. It has only been a few days…
There are three questions tormenting investors in the oil and gas industry right now: Why did Icahn double down on Occidental Petroleum? Is Warren Buffett right when he says “turnarounds…
The Federal Reserve took drastic action on Thursday as the stock market meltdown accelerated, pledging to inject as much as $1.5 trillion into U.S. markets to cull the growing panic…
As oil prices continue to tank amid the oil price war and the coronavirus outbreak, U.S. oil producers are announcing capital spending and dividend cuts by the hour as many of…
OPEC asked Russia to cut an additional 300,000 bpd in oil production at last week’s meeting in Vienna, but according to Russia’s Deputy Energy Minister, this would’ve been ‘technically challenging’…
The White House is considering a rescue package for the U.S. shale industry, although the idea is getting pushback from so many sides that it faces challenging odds of passing…
A research team is close to patenting a new technique to extract lithium from brine that could revolutionize the lithium extraction process and potentially cut the production costs of one…
Oil prices crashed after Russia and Saudi Arabia announced that they will abandon OPEC production quotas and open the taps, and while drillers and oilfield service companies are feeling the…
On the 8th of August 2019 a major oil company completed an acquisition that could well be looked back on as the worst oil deal of the decade. Since that…
The stock markets have a new and even more vengeful bogeyman, and this time, it’s not coronavirus. The U.S. bear market crashed to new lows on Wednesday, and the China…
When Rystad Energy analysts last November told Bloomberg that Big Oil investors were in for a windfall of dividends and share buybacks as the companies shifted into renewables, they…
A mild winter in the northern hemisphere, the COVID-19 outbreak, and now the price war that Saudi Arabia declared last weekend have combined to produce an all-new oil price crisis…
The U.S. sanctions on Iran’s oil sector are impacting the Islamic Republic’s ability to potentially increase production in the long term if the U.S.-Iran tensions subside and sanctions ease. …
Ratings Agency Fitch warned on Tuesday that a new wave of sovereign rating downgrades could be in the works if the oil slump continues, according to Reuters. In additional,…
Oil is climbing back up after falling over 25% on Sunday, but will the rally last? (Click to enlarge)
Saudi Arabia plans to increase its crude oil production from below 10 million bpd currently to 12.3 million bpd next month, the company said in a filing with the…
The oil price war that Saudi Arabia and Russia started will hurt the fiscal revenues of the oil producers in the Persian Gulf, including the Saudis, OPEC’s top producer and…
In the wake of one of history’s largest oil price declines in a single day, a Rystad Energy impact analysis…
As the world watches an oil price war unfold between Russia, OPEC, and US shale, another major crisis is looming in the Middle East. Saudi Arabia is…
Oil stocks have suffered a lot over the past half decade. First it was the 2014 oil price crash. Just as the oil industry emerged from the collapse, the…