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Energy / Energy-General

Can Shale Survive Low Oil Prices?

Can Shale Survive Low Oil Prices?

Jun 10, 2019 at 15:45 | Nick Cunningham

Lower oil prices could drag down U.S. shale drillers at a time when their finances are already looking shaky. But the impact on oil production growth is still murky. WTI…

A New Trend In The Middle East? Oman Taxes Energy Drinks As Oil Income Falls

A New Trend In The Middle East? Oman Taxes Energy Drinks As Oil Income Falls

Jun 10, 2019 at 09:47 | Irina Slav

In a bid to reduce its reliance on crude oil revenues, the sultanate of Oman has announced a slew of new taxes on products ranging from tobacco and alcohol to…

An Opportunity In California’s Overlooked Oil Sector

An Opportunity In California’s Overlooked Oil Sector

Jun 07, 2019 at 17:40 | David Messler

Berry Petroleum, (NYSE:BRY) has just emerged from a period where they were acquired for $2.5 billion by a large independent, Linn Energy- which went bankrupt in 2016, thanks largely to…

Why Is China Pouring Money Into The Arctic?

Why Is China Pouring Money Into The Arctic?

Jun 07, 2019 at 17:25 | Global Risk Insights

Diplomats gathered in Rovaniemi to discuss the state of the North Pole were caught off-guard by the United States’ posturing. In a speech to the Arctic Council, U.S. Secretary of…

The Most Crucial Pipeline Of The Middle East?

The Most Crucial Pipeline Of The Middle East?

Jun 07, 2019 at 17:25 | Vanand Meliksetian

Contemporary Middle Eastern history is strongly influenced by energy politics. Besides providing revenue for the state’s coffers, oil is also a potent geopolitical tool in the hands of resource-rich countries.…

Papua New Guinea Looks To Double LNG Production

Papua New Guinea Looks To Double LNG Production

Jun 07, 2019 at 17:25 | Oxford Business Group

On April 9 PNG’s government signed an agreement with Total, ExxonMobil and the Australian Securities Exchange-listed Oil Search, setting out the terms and conditions for the development of the $13bn…

Oil Bulls See Glimmer Of Hope

Oil Bulls See Glimmer Of Hope

Jun 07, 2019 at 13:26 | Tom Kool

Oil prices clawed back some losses at the end of the week on bullish news from OPEC. (Click to enlarge)

Will Bearish Sentiment Break OPEC+?

Will Bearish Sentiment Break OPEC+?

Jun 07, 2019 at 12:22 | Editorial Dept

The oil market has gone decidedly bearish, and sentiment is growing that Moscow isn’t going to be able to play ball much longer with OPEC cuts. The World Bank has…

U.S. Shale Spending Is Under Fire Again

U.S. Shale Spending Is Under Fire Again

Jun 07, 2019 at 12:21 | Editorial Dept

Friday, June 7, 2019 1. U.S. shale still burning cash- A cross-section of 29 U.S. shale companies reported more than…

U.S. Oil Rig Count Drops, But Production Remains Resilient

U.S. Oil Rig Count Drops, But Production Remains Resilient

Jun 07, 2019 at 12:20 | Julianne Geiger

The number of active oil and gas rigs in the United States fell this week according to Baker Hughes, as the overall rig count reaches the lowest point since February…


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