Tohoku University researchers have developed…
The recent ban on Russian…
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…
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 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…
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…
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…
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…
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…
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…
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…
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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 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…
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…
Friday, November 15, 2019 1. China’s economic slowdown- China’s retail and industrial activity continues to decelerate, with a particular dip notable…
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…
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…
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…
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…
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…
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…