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The Making of a Russo-African Iron Curtain

The Making of a Russo-African Iron Curtain

As Western nations are withdrawing…

Energy / Energy-General

Violent Clashes Break Out In Syria Despite Ceasefire

Oct 25, 2019 at 11:40 | Editorial Dept

Politics, Geopolitics & Conflict - Clashes have broken out between Syrian Kurds and Turkish forces today, disrupting a shaky ceasefire that Trump announced as a victory yesterday, and as permanent.…

Is This The Most Undervalued Energy Stock?

Oct 25, 2019 at 11:35 | Editorial Dept

When a sector is under pressure, as energy is now, individual stocks often get dragged down with everything else to a point that just defies logic. That is the case…

The OPEC Conundrum

Oct 25, 2019 at 11:34 | Editorial Dept

Tesla may have just crushed the oil industry’s hopes of a decent quarter.  It’s earnings season, and all eyes are on the state of the North American oil industry, so…

Trump Vows To Protect Syrian Oil Fields From ISIS

Oct 25, 2019 at 09:22 | Irina Slav

The United States may leave 500 troops in northeastern Syria and send in battle tanks and other equipment, the Wall Street Journal reports, citing military officials who presented the…

Fears Of A Global Financial Meltdown Loom Over Oil Markets

Oct 24, 2019 at 17:19 | Nick Cunningham

Oil prices received a jolt mid-week on rumors that OPEC+ might cut deeper and also because of a surprise drawdown in EIA inventory data. Nevertheless, economic cracks continue to…

Five Oil Billionaires Living The American Dream

Oct 24, 2019 at 16:24 | Alex Kimani

Nothing has defined the American Dream more succinctly than oil wealth. This isn’t Saudi Arabia, where princes inherit the wealth of their kingdom based on bloodline rather than merit.  This…

The $1 Billion Short Burn Of The Century

Oct 24, 2019 at 15:37 | Nick Cunningham

Elon Musk defied critics this week, delivering a surprise profit in the third quarter for Tesla. After several quarters of major losses, and mountains of debt, Tesla swung back to…

More Bad News For Canada’s Crumbling Oil Industry

Oct 24, 2019 at 15:22 | Irina Slav

“The worst possible outcome”: that’s how one analyst called Canada’s national election results for the country’s troubled oil industry. Besides being the worst, it is also unpleasantly ironic. The pro-oil…

A Tiny Island With Huge Energy Ambitions

Oct 24, 2019 at 14:01 | Vanand Meliksetian

Cyprus is one of the most energy-deprived countries in the world when it comes to fossil fuels. Despite the discovery of significant natural gas reserves, the island state is still…

China’s Superpower Status At Risk As Energy Nightmare Intensifies

Oct 24, 2019 at 13:48 | Haley Zaremba

China has set its sights high - very high - in terms of economic development, aiming to become not just one of the world’s superpowers by 2049 (the 100 year…

Africa’s Largest Oil Nation Is Facing A Major Crisis

Oct 24, 2019 at 12:53 | Tsvetana Paraskova

The unstable security situation in Libya and the continued bickering between rival governments have kept international oil companies from resuming exploration activities in the civil war-torn North African oil producer.…

One Of The World’s Largest Oil Companies Just Ditched The Dollar

Oct 24, 2019 at 09:51 | Tsvetana Paraskova

Russia’s largest oil company Rosneft has already completed the switch away from the U.S. dollar to euros in its export contracts to minimize risks from potential new U.S. sanctions, Rosneft’s…

Trump Dismisses Climate Agreement And Backs U.S. Oil

Oct 24, 2019 at 09:20 | Tsvetana Paraskova

President Donald Trump reiterated that the United States will be withdrawing from the Paris Climate Agreement, praising soaring U.S. oil and gas production at the same time. “I withdrew the…

Goldman: A Major Oil Price Rally Is On The Horizon

Oct 23, 2019 at 16:50 | Nick Cunningham

Energy forecasters see a worsening supply glut in 2020, putting OPEC+ in a bind. But beyond that, the bust could result in a boom as supply growth slows to a…

Elon Musk’s Eight Most Outrageous Ideas

Oct 23, 2019 at 15:58 | Irina Slav

He’s rumored to have toyed with creating a zombie apocalypse just to promote his new flamethrowers, to have suggested solidarity with a non-existent ‘Flat Earth Society’, and possibly even to…

The Best Thing About The Death Of Coal

Oct 23, 2019 at 13:58 | Tsvetana Paraskova

This isn’t another tired story about how kicking the coal habit will reduce greenhouse gas emissions. That would be like kicking a dead horse. Instead, there is a massive new…

Just How Powerful Was The Biggest Bomb Ever Dropped?

Oct 23, 2019 at 13:47 | Haley Zaremba

74 years ago, at 8:15 am local time On August 6, 1945, the city of Hiroshima was wiped off the map. 70,000 people were killed in a single instant (the…

The New Oil Reality In Syria

Oct 23, 2019 at 13:25 | Editorial Dept

The Turkish Gambit It’s official: Syrian Kurdistan has ceased to exist. Turkey and Russia have cut a deal that will allow Turkey to occupy a buffer zone in northern Syria,…

Why OPEC Production Cut Rumors Have Already Begun

Oct 23, 2019 at 13:15 | Editorial Dept

OPEC mulling the possibility of cutting even deeper than the 1.2mbpd committed under the aegis of the Vienna Alliance has been the main news of the past seven days. The…

Why Mexico Changed Its Flagship Crude Formula

Oct 23, 2019 at 13:12 | Editorial Dept

Mexico and IMO 2020, what a tremendous pairing. The Mexican national oil company PEMEX has been one of the few lucky free-riders of the US sanctions frenzy that saw most…

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