Peace talks between Israel and…
The Department of Justice is…
Crude oil prices fell further after the Energy Information Administration reported a crude oil inventory build of 1.2 million barrels for the first week of the new year. The…
Crude oil prices first spiked and then retreated after newswires reported Iran’s retaliation against the U.S., targeting military bases housing U.S. troops in Iraq. After their initial…
The oil price rally got a big boost last week with the assassination of the Iranian General Qassem Soleimani. Will that be enough for prices to continue…
This is what the bears don’t get about oil stocks: These are no longer the reckless, wasteful, binge years of the shale boom. The smart companies have adapted to a…
While all are distracted by the vast display of smoke and mirrors surrounding the US-Iran conflict, General Haftar is taking control of Libya--and all its oil wealth--and the Turks are…
U.S. shale producers have boosted their hedges to lock in higher oil prices for their production this year and next as oil prices shot up following the heightened tension in…
The new year has started with a bang, and markets have gone haywire following the assassination of Iran’s General Qasem Soleimani. Readers of Global Energy Alert have…
Breaking a 5-day silence over its response for the US killing of General Qassem Soleimani, on Tuesday Iran said it was assessing 13 scenarios to inflict a…
Through a combination of bribing local retail investors via preferential loans, threatening wealthy Saudis with a re-run of their treatment in the Ritz Carlton in 2017, and inveigling…
Big Tech and Big Oil have one very important thing in common: Big Business. And the ultimate goal of any business is to make a profit. That means that despite…
The developers of the lithium-ion battery won the Nobel Prize in Chemistry 2019, in recognition of a scientific achievement that has helped power our mobile phones, laptops, and electric vehicles…
OPEC’s crude oil production further declined in December as the cartel’s leader Saudi Arabia continued to lead by example cutting much more than required and as the biggest laggards in…
The East Mediterranean has become a highly contested region due to the discovery of major hydrocarbon reserves which has triggered a scramble for energy wealth. According to the…
Not counting the decade’s largest acquisition deal, the $57-billion Occidental takeover of Anadarko, 2019 saw only $39 billion in oil and gas deals. But if the $11 billion deals in…
Iran’s clerical leadership, under “Supreme Leader” Ayatollah Ali Hoseini Khamene‘i, is expected to make rapid, significant, and symbolic responses to the targeted killing in Baghdad on January…
Brent crude topped $70 a barrel today for the first time in months on the unending flow of updates from the Middle East that point towards further escalation between…
U.S. drilling activity continued to contract in the fourth quarter, and the sense of gloom among shale drillers in Texas remains palpable. The latest data from the Dallas Federal…
Concern about global oil demand and OPEC+ production cuts are now part of the oil price landscape and few expect any surprises coming from these directions. There is, however, a…
Piracy in some of the world’s most critical oil chokepoints is on the rise--but now, pirates are resorting back to another method of income generation better suited to times of…
Declarations of a climate emergency are the latest fad among world governments. Everyone wants to be in the cool crowd of those ready to save the planet with their own…