Heat pumps are gaining popularity…
Battery storage was the fastest-growing…
OPEC’s crude oil exports last month gained 761,000 bpd from May to hit an average of 23.7 million bpd, energy data provider Kpler reports. In May, the cartel’s exports sank…
Early on Tuesday, following their meeting in Vienna, the Organization of Petroleum Exporting Countries (OPEC) announced a nine-month extension to the existing agreement to limit oil production.…
U.S.-Iran tensions are once again heating up, even as Iran has so far managed to stabilize oil exports at lower levels. Iran has officially breached the limits of low-enriched…
Mexico’s leftist president Andrés Manuel López Obrador won the election in a landslide last year, thanks in large part to his promise to crack down on corruption throughout the Mexican…
Oil tumbled by over 4 percent on Tuesday morning, as the OPEC deal failed to excite investors. (Click to enlarge)
The U.S. invasion of Iraq in 2003 completely altered the geopolitical landscape of the Middle East. After Saddam’s forces were defeated, a violent insurgency led to the deaths of
Russia and the other non-OPEC members of the production cut pact first sealed in 2016 have officially ratified an extension of the latest round of cuts agreed last December, Energy…
After so much hype and anticipation, it seems that the OPEC meeting in Vienna was all but over before it had even begun. Russia and Saudi Arabia have agreed to…
Today, gasoline taxes are rising in a dozen U.S. states.The following infographic shows where gasoline taxes are going up today and it's based on data from the Institute on Taxation and…
The conflict in oil-rich Libya has now widened to directly include Turkey, with General Khalifa Haftar launching an air strike on a Turkish drone and then seeking to calm the…
China will remove the joint venture requirement for foreign companies wanting to enter its oil and gas industry as it moves to open up a range of…
After weeks of speculation, it’s official: Russia, Saudi Arabia, and Iraq have declared their support for an extension to the oil production cuts OPEC and its partners agreed last December…
W&T Offshore, (WTI) is a "scavenger" of assets that have been poorly or under-developed in the past. It reaps a benefit of typically of not having to do much…
Canada is desperately trying to build the much-delayed Trans Mountain Expansion, but even as it tries to advance the ball on one front, another pipeline has found itself in the…
“Concentrating solar power (CSP) plants,” explains the Solar Energy Industries Association, “use mirrors to concentrate the sun's energy to drive traditional steam turbines or engines that create electricity. The thermal…
Oil and gas giant BP has recently intensified calls for sustainability and for reducing carbon emissions in the world’s energy systems, acknowledging that the energy transition is already underway, but…
“The next few days will provide a much-needed dose of clarity for the oil balance over the coming months." (Click to enlarge)
Just days ahead of the July 1st OPEC+ meeting, all eyes are firmly on Vienna, and much less so on the incomprehensible back-and-forth between the U.S. and Iran. Traders are…
Friday June 28, 2019 1. Africa the new hot spot for LNG- Greenfield investment in LNG could hit a record…
I have said many times before, here and elsewhere, that technical analysis has its limitations. The idea that we can look at what happened in the past and confidently predict…