Despite having some of the…
WTI crude hangs above $80…
In 2019 through third quarter, 32 oil and gas drillers have filed for bankruptcy, according to Haynes and Boone. Since the end of September,…
An infamous Iranian hacker group may be targeting industrial control systems to cause major disruptions in power grids, oil refineries, and other physical energy assets, in an apparent sharpened focus…
Which is more plausible: flying taxis, wind turbine arrays stretching miles into the ocean, and a solar roof on every house--or a scorched-earth, flooded post-Apocalyptic world? We have no way…
Refineries across the United States have reduced their total crude oil processing so far in 2019, as demand for oil products both in America and abroad has weakened, according to…
For long-term and value investors, dividend-paying stocks are a great way to compound gains, reduce risk and volatility and preserve the purchasing power of capital. That’s a big reason why…
The oil industry is no stranger to constant criticism and ire, getting more than its fair share of stick for its role in climate change and polluting the planet. Indeed,…
Renewed conflict in the Strait of Hormuz pushed the United States to establish an international coalition for maritime security to ensure safe passage of shipping traffic and guarding against further…
Oil prices are on course to close the week higher, with WTI trading close to its highest level since September.
Oil prices gained 2% Thursday on a combination of news that included a rumor that OPEC will extend output cuts until the middle of next year, though this was tampered…
Yesterday, after much anticipation and with a great deal of fanfare, Tesla (TSLA) revealed their truck and the launch went about as badly as a launch could go. The consensus…
Friday November 22, 2019 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Tesla has finally revealed its cybertruck—a vehicle that by all appearances hardly qualifies as a truck—and we’re here to tell you that it’s not for everybody. Tesla is banking on…
Despite massive cuts in investment the US Gulf of Mexico is set for another year of record oil production in 2020, according to Rystad Energy. Most of the supply growth…
Vladimir Putin has spent his week cozying up to the Organization of Petroleum Exporting Countries (OPEC) and dissing the United States’ oil industry, dismissing shale oil production as a “barbaric”…
For the U.S. shale industry, the third quarter was more of the same: new record highs in oil production, but another quarter of negative cash flow. A sample of 38…
The current state of Nigeria’s refineries might become a textbook example of why national oil companies should not combine downstream, midstream and upstream activities at the same time. Sure enough,…
It’s finally happening: after months of delays and mixed signals, Saudi Arabia is in the final stage of preparing for the launch of what most see as the biggest listing…
Elon Musk is making outrageous claims once again — this time about Tesla pickups that he says will be far better and more powerful than anything on the market. Musk…
The uncertainty of the future of Brexit has left the United Kingdom’s economy in stagnation as business investment falters on the eve of the nation’s December general election. While Boris…
Qatar had a fiscal breakeven oil price of $48.80 per barrel this year, the lowest in the region, and expected to fall further to $45.70 next year, according to research…