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Energy / Energy-General

Texas Is Already Feeling The Shale Slowdown

Dec 18, 2019 at 15:31 | Nick Cunningham

There are more signs of a drilling slowdown in U.S. shale. The EIA said that the U.S. will add 30,000 barrels per day (bpd) between December and January, down…

China’s Electric Vehicle Bubble Has Popped

Dec 18, 2019 at 13:25 | ZeroHedge

New electric vehicle (EV) sales in China plunged in November for the fifth consecutive month, extending a decline that we've been highlighting for the past 1.5 years.  Last month, we…

Why Are Global EV Sales Slowing?

Dec 18, 2019 at 11:34 | Irina Slav

An economic slowdown in many parts of the world and the phase-out of EV subsidies in the United States have led to lower EV sales this year, a survey…

US Energy Secretary: The Shale Boom Is Far From Over

Dec 18, 2019 at 10:44 | Tsvetana Paraskova

The slowdown in the Permian production growth is likely to be just temporary, and the U.S. shale boom is unlikely to end soon, the new U.S. Secretary of Energy, Dan…

Is Wall Street Turning Its Back On Fossil Fuels?

Dec 17, 2019 at 14:11 | Nick Cunningham

Goldman Sachs said that it would no longer finance coal projects, or oil and gas exploration in the Arctic. In a new environmental policy framework, the investment…

From Boom To Bust: Permian Shale Towns Face Exodus

Dec 17, 2019 at 13:56 | Charles Kennedy

Perhaps it’s not evident to anyone who is not an oil-worker living in America’s biggest shale towns, but signs of the shale slowdown predicted by many analysts, and the EIA…

Can The EV Revolution Survive Without Tax Credits?

Dec 17, 2019 at 12:41 | Irina Slav

The end of the year is drawing near and it’s time for last-minute legislation in the U.S. Congress. As is tradition, various industries are using this time to lobby for…

Oil Prices Head Higher Despite OPEC+ Skepticism

Dec 17, 2019 at 11:33 | Tom Kool

Despite OPEC uncertainty, oil prices continue to power upward.  (Click to enlarge) (Click to enlarge)

US Proved Oil & Gas Reserves Hit New Record High

Dec 17, 2019 at 10:22 | Tsvetana Paraskova

Higher oil and natural gas prices in 2018 raised the proved reserves of oil and gas in the United States to new all-time highs last year, the Energy Information Administration…

Revealing The True Extent Of Exxon’s Natural Gas Blow Out

Dec 17, 2019 at 09:20 | Irina Slav

A natural gas well operated by Exxon that blew out in 2018 released a lot more methane than previously believed, a study by a team of U.S. and Dutch scientists…

The Worst Performing Oil Stocks Of 2019

Dec 16, 2019 at 15:59 | Alex Kimani

As the smart money continues to double down on the battered energy sector, it’s time for investors to also consider playing the contra trade.  In a past article, we highlighted…

The Worrying Truth About Russia’s Oil Industry

Dec 16, 2019 at 14:24 | Vanand Meliksetian

The widespread adaptation of the combustion engine at the start of the 20th century propelled oil into becoming the world’s most important commodity. Resource-rich countries such as Russia were the…

The 5 Biggest Threats To Oil & Gas In 2020

Dec 16, 2019 at 14:11 | Tsvetana Paraskova

After quite an eventful 2019  in which oil demand growth slowed to its lowest in years and investors questioned the performance of oil and gas stocks, the energy sector meets…

Texas Driller Goes All-In On This New Oil Frontier

Dec 16, 2019 at 12:31 | David Messler

Apache (APA) has made news in recent times largely for the potential of their Alpine High field in West Texas. The crash in everything shale currently has moved…

Wanted: Oil Workers With More Tech, Less ‘Roughneck’

Dec 16, 2019 at 12:15 | Irina Slav

Oil and gas’s love affair with digital technology is about to get serious. With digital tech’s proven capacity to contribute to the industry’s number-one priority in the post-2014 era—cost control—it’s…

Country With World’s Largest Uranium Reserves Finally Considers Nuclear Energy

Dec 16, 2019 at 11:49 | MINING.com

Australia’s Parliament presented this week a report that outlines a series of measures to take into consideration if the country wants to move forward with the development of nuclear energy.…

Activist Group Prepares To Infiltrate Big Oil Shareholder Meetings

Dec 16, 2019 at 09:51 | Irina Slav

Dutch activist group Follow This is preparing more climate change resolutions to propose at the next annual shareholder meetings of Exxon and Chevron, along with Shell and Equinor, Reuters

Trump Follows Up On His Promise To Protect Syrian Oil

Dec 16, 2019 at 09:29 | Tsvetana Paraskova

The United States has moved more equipment from Iraq into Syria to boost the protection of the oil and gas fields in eastern Syria currently under the control of Kurdish…

Is Trump Preparing A New Iran Nuclear Deal?

Dec 13, 2019 at 16:30 | Simon Watkins

A moment of monumental importance for U.S.-Iran relations took place early last week when a high-level exchange of prisoners took place in Switzerland. OilPrice.com can exclusively reveal that during the…

The Two Countries Dictating Oil Prices In 2020

Dec 13, 2019 at 16:29 | Irina Slav

It’s the end of the year and authorities of various caliber and standing are making oil price forecasts for next year. This wealth of information can be confusing because of…

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