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Energy / Energy-General

Aramco Reveals Its Valuation

Nov 18, 2019 at 09:24 | Irina Slav

Aramco will sell the first tranche of shares in its long-awaited initial public offering at a price of 30-32 riyals, ($8-8.52), which would give the company a total value of…

All Eyes On OPEC As Another Oil Glut Looms

Nov 15, 2019 at 16:28 | Nick Cunningham

OPEC+ is facing a steep challenge as it prepares to gather in Vienna next month. Global oil supply could continue to rise at a rapid pace in 2020, surpassing the…

The Five Biggest Enemies Of Oil & Gas

Nov 15, 2019 at 16:27 | Julianne Geiger

The oil and gas industry used to be untouchable. It’s not anymore. Enemies have surrounded it in a pincer movement, and now, it’s all-out war.  From public sentiment to government…

The 5 Most Promising Foreign Oil Stocks

Nov 15, 2019 at 16:13 | Alex Kimani

With U.S. energy companies enduring another torrid year, foreign oil stocks are looking increasingly attractive for local investors.  One of their big draws: Many non-US energy companies tend to have…

U.S. Shale Growth To Flatline Within 2 Years

Nov 15, 2019 at 16:00 | Robert Rapier

Earlier this summer, it seemed that U.S. shale oil growth was beginning to slow. But then production growth picked back up headed into the fall, and is presently at 12.6…

Megamerger Could Create The Next Deepwater Oil Giant

Nov 15, 2019 at 15:53 | Rystad Energy

Commenting on unconfirmed reports that leading offshore contractors Saipem and Subsea 7 are considering a merger, Audun Martinsen, head of oilfield service research at Rystad Energy, said: “Subsea 7 made…

Why Banning Fossil Fuel Investment Is A Huge Mistake

Nov 15, 2019 at 15:52 | Cyril Widdershoven

Activist global warming strategies have now caused the European Investment Bank to ban its fossil fuel project funding. After more than a year of internal and external lobbying by several…

The Top 5 Ways We Use Oil & Gas

Nov 15, 2019 at 13:51 | Julianne Geiger

If climate change and the use of fossil fuels is starting to worry you, consider this: The lion’s share of the petroleum in the United States is being used just…

Climate Crusader Sues Pension Fund For Not Being Green Enough

Nov 15, 2019 at 12:52 | ZeroHedge

Bored with just plain old protests and interrupting political events to force their climate change virtue signaling onto the world, environmentalists are now using the legal system to harass those who don't…

Oil Markets Ignore Worrying OPEC Projections

Nov 15, 2019 at 12:41 | Tom Kool

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U.S. Rig Count Crashes Again: Loses Nearly 100 Rigs In 3 Months

Nov 15, 2019 at 12:22 | Julianne Geiger

The US oil and gas rig count continued its downward slide this week, according to Baker Hughes, as the rig count piles on a string of losses…

Chesapeake Isn’t Dead Yet…

Nov 15, 2019 at 11:21 | Editorial Dept

Chesapeake Energy (CHK) has been a controversial stock for years. Its co-founder, Aubrey McLendon, who left the company in 2013, was indicted in 2016 for allegedly conspiring to fix lease…

WTI, Futures, Oil, Oil Trading, US, China, Trade War, Inventories, Crude

Nov 15, 2019 at 10:58 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are in a position to finish flat for the week. The price action was driven this week by two-sided news about the progress…

U.S. Shale Production To Double Despite Struggles

Nov 15, 2019 at 10:56 | Editorial Dept

Friday, November 15, 2019 1. China’s economic slowdown- China’s retail and industrial activity continues to decelerate, with a particular dip notable…

Worrying Data For OPEC

Nov 15, 2019 at 10:55 | Editorial Dept

Market Movers - Data in OPEC’s latest edition of the Monthly Oil Market Report suggests that deeper production cuts will be needed to balance the oil market. Production for the…

A ‘Latin Spring’ In The Making?

Nov 15, 2019 at 10:54 | Editorial Dept

Crude oil prices trended up slightly in the second half of this week on a surprise crude oil inventory draw, but disappointments over U.S.-China trade talks mean there’s not much…

Forget Tesla, This Is The Most Impressive Electric Vehicle Of The Year

Nov 15, 2019 at 10:21 | Julianne Geiger

It may not be faster than a speeding bullet, but the newest electric vehicle unveiled this week at the Dubai Motor Show can travel at an astonishing 250 miles…

Putin Determined To Strengthen Ties With OPEC

Nov 15, 2019 at 09:13 | Irina Slav

Russia is in favor of a continued partnership with OPEC that does not need to be limited to oil production control, Russia’s President Vladimir Putin said after the BRICS summit…

Could The Aramco IPO Kill OPEC?

Nov 14, 2019 at 15:49 | Cyril Widdershoven

The global oil market could be entering unchartered waters in the coming weeks. After the US shale revolution, which threatened OPEC’s hold on and the stability of the market, a…

Real Estate Tycoon Buys Up Oil Assets At Rock Bottom Prices

Nov 14, 2019 at 13:23 | Tsvetana Paraskova

Sam Zell, the real estate mogul, has acquired oil assets across the United States at ‘fire-sale’ prices, as U.S. drillers sell assets to raise cash which is scarce in the…

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