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Rig Count Inches Lower As Oil Prices Stabilize

Rig Count Inches Lower As Oil Prices Stabilize

Baker Hughes reported a dip…

China Turns Its Back On U.S. Oil

China Turns Its Back On U.S. Oil

As the ongoing trade war…

Energy / Energy-General

Are Energy Majors Under Threat From Big Tech?

Are Energy Majors Under Threat From Big Tech?

Oct 11, 2018 at 13:01 | Tsvetana Paraskova

Audi unveiled last month its first fully electric SUV, the e-tron, at an event on Tesla’s home turf in San Francisco—the electric vehicle industry’s latest step toward mass adoption of…

China Turns Its Back On U.S. Oil

China Turns Its Back On U.S. Oil

Oct 11, 2018 at 11:50 | Haley Zaremba

Although the Chinese government has not yet gone so far in the ever-escalating trade war as to sanction United States oil, imports are drying up anyway as Chinese buyers shy…

Trump Threatens Iran’s Oil Clients

Trump Threatens Iran’s Oil Clients

Oct 11, 2018 at 09:25 | Irina Slav

President Donald Trump said the United States “will take care” of countries that continue to buy Iranian oil after the second round of U.S. sanctions kick in on November…

Why Is This Little-Known Element Up Over 300%
Sponsored Article

Why Is This Little-Known Element Up Over 300%

Oct 10, 2018 at 17:50 | Charles Kennedy

It’s the most critical economic resource you’ve never heard of. Element “V”. Without this unknown commodity, you can’t build as strong a bridge, factory or skyscraper. It’s used extensively in…

Move Aside Lithium – Vanadium Is The New Super-Metal

Move Aside Lithium – Vanadium Is The New Super-Metal

Oct 10, 2018 at 17:25 | James Burgess

The lithium ride was a great one. Cobalt, too. All they needed was their Elon Musk moment, which came in the form of the Nevada battery gigafactory. The next Elon…

Hurricane Michael Shuts In 40% Of Gulf Of Mexico Oil Production

Hurricane Michael Shuts In 40% Of Gulf Of Mexico Oil Production

Oct 10, 2018 at 15:49 | Nick Cunningham

Roughly 40 percent of the Gulf of Mexico’s oil production and 28 percent of its natural gas production was shut down as of Tuesday, as the region braced…

U.S. Oil Companies Face $240 Billion Debt Mountain

U.S. Oil Companies Face $240 Billion Debt Mountain

Oct 10, 2018 at 10:45 | Irina Slav

U.S. oil producers are facing debt of US$240 billion maturing until 2023, of which some 15 percent will be rated with the lowest rating of Caa, Moody’s said in a…

Oil Prices Rise On Iran, Hurricane Outages

Oil Prices Rise On Iran, Hurricane Outages

Oct 09, 2018 at 13:28 | Tom Kool

Oil prices recovered on Tuesday morning, with WTI breaking the $75 mark and Brent climbing above $85 per barrel.  (Click to enlarge)

This Merger Creates A New Oilfield Services Giant

This Merger Creates A New Oilfield Services Giant

Oct 09, 2018 at 11:06 | Rystad Energy

Two of the leading offshore drilling contractors have agreed to merge creating an industry-leading drilling contractor capable of working across all water depths with a truly global footprint.

Gulf Of Mexico Producers Brace For Hurricane Michael

Gulf Of Mexico Producers Brace For Hurricane Michael

Oct 09, 2018 at 10:17 | Irina Slav

Oil and gas field operators in the Gulf of Mexico began to evacuate platform staff and shut in production ahead of Hurricane Michael, which is expected to make landfall in…

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