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Energy / Energy-General

Putin Calls U.S. Shale “Barbaric”

Nov 21, 2019 at 16:15 | Haley Zaremba

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”…

Has U.S. Shale Seen Its Profits Peak?

Nov 21, 2019 at 15:53 | Nick Cunningham

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…

This Large Oil Producer Is Facing A Major Refining Crisis

Nov 21, 2019 at 15:37 | Viktor Katona

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,…

Is The Aramco IPO The Ultimate Pump And Dump?

Nov 21, 2019 at 14:06 | Irina Slav

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…

Musk: Tesla Truck Will Crush The Competition

Nov 21, 2019 at 13:41 | Jon LeSage

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…

North Sea Oil Is Doomed With Or Without Brexit

Nov 21, 2019 at 11:48 | Haley Zaremba

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…

This Small Nation Boasts The Lowest Breakeven Oil Price In The Middle East

Nov 21, 2019 at 09:49 | Irina Slav

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…

Dirt Cheap Gasoline Is Fueling Colombia’s Cocaine Cartels

Nov 20, 2019 at 16:14 | Julianne Geiger

Every day, $3 million worth of fuel is smuggled into Colombia from various neighbors who can’t seem to keep their borders under control. Even worse, this is the gas…

Fracking Under Fire In California

Nov 20, 2019 at 16:06 | Nick Cunningham

California Governor Gavin Newsom just dealt a blow to the oil industry, placing a temporary moratorium on new fracking permits in the state until scientists complete an independent review…

Can Iraq Become A World Class Petrochemicals Player?

Nov 20, 2019 at 12:48 | Simon Watkins

Theoretically, there is no reason why Iraq cannot become one of the leading producers of petrochemicals in the world, given its tremendous reserves of oil and gas. Finally, with a…

The Next Stage Of The Electric Vehicle Boom

Nov 20, 2019 at 12:42 | Haley Zaremba

Transportation needs to clean up its act. As we edge closer and closer to a greenhouse gas emissions tipping point toward catastrophic climate change, it becomes harder to deny that…

Iran’s President Blames ‘Enemies’ For Massive Fuel Hike Protests

Nov 20, 2019 at 12:21 | Tsvetana Paraskova

Iranian President Hassan Rouhani said on Wednesday that Iran and its people have defeated the conspiracies of its enemies and claimed victory in the nationwide protests in the country following…

Oil Prices Higher Despite Bearish Inventory Data

Nov 20, 2019 at 09:49 | Irina Slav

Crude oil prices rose slightly after the Energy Information Administration reported a crude oil inventory build of 1.4 million barrels for the week to November 15. At 450.4 million…

The Truth About The World’s Deepest Oil Well

Nov 19, 2019 at 16:36 | Irina Slav

How deep into the ground do we have to go to tap the resources we need to keep the lights on? How deep into the ground are we able to…

Tech Breakthrough Could Spark A Geothermal Energy Boom

Nov 19, 2019 at 15:21 | Haley Zaremba

Geothermal energy is often billed as one of “the cleanest energy sources” --and with good reason. It’s carbon-free, renewable, and efficient. Even those stoic anti-hyperbolists over at the United States…

This Texas Oil Town Sees Strongest Salary Growth In US

Nov 19, 2019 at 13:13 | Tsvetana Paraskova

Driven by the U.S. shale boom in the Permian basin, personal income in Midland County, Texas, grew by the highest percentage—17.5 percent—of all metropolitan counties in the United States last…

Oil Sinks As Trade War Sentiment Turns Sour

Nov 19, 2019 at 13:13 | Tom Kool

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This Underdog Could Soon Become The World’s Largest Oil Producer

Nov 19, 2019 at 12:04 | Rystad Energy

Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and forecasts. Brazil’s biggest-ever

Goldman: Go Long On Fracking

Nov 19, 2019 at 10:19 | Metal Miner

Judging by the share price of shale oil and gas producers, you would think the industry is one from which to keep well away. Goldman Sachs, however, is recommending clients…

The Worst Is Over For Oil Markets

Nov 18, 2019 at 16:15 | Nick Cunningham

Some analysts see the world dodging a recession next year, which provides some upward room for oil prices. Last week, the IEA warned last week that “the hefty supply…

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