The closure of Baltimore's port…
The number of oil rigs…
Oil prices are off more about 20 percent in the last two weeks on growing fears of a brewing economic recession. Commodities of all types have been hammered by the…
The United States has a renewable, 24/7 clean energy resource right beneath its feet that can be used for electricity generation and direct heating and cooling. Geothermal energy…
Given that the immediate focus of U.S. sanctions on Iran is the nation’s oil sector, the Islamic Republic is concentrating on pushing its already significant petrochemicals capabilities to generate much-needed…
Carbon capture and storage or reuse is gaining traction amid intensifying efforts to curb the effect of climate change on the planet. Now, a Swiss-Norwegian team of researchers has gone…
Recent financial market headlines have been dominated by stories covering the plunge in global interest rates. And for good reason. Government bond yields have been sinking like a stone lead…
Syrian Kurd Oil Deals and Tanker Attacks On Friday, Qatari and Turkish media were reporting that US-led coalition airstrikes took out three oil tankers in targeted airstrikes in eastern Syria,…
Despite US sanctions on Iran, Venezuela’s ongoing crisis, Libya being at risk of conflict-related oil disruption and Russian oil exports curtailed by contamination problems, oil prices have weakened considerably, plummeting…
With the sanctioning and tariff-slapping frenzy capturing most of media attention nowadays, we should get ready for a new epoch of geopolitics where the World Trade Organization’s standard rules are…
The past week was one of the weakest for crude markets this year – virtually everything combined together to create a highly powerful downward momentum. The oil market worries about…
The World Bank reduced its economic growth outlook for Russia for this year because of lower crude oil production, the institution said in a new report on the economy…
It’s no secret that batteries are the most expensive part of an electric vehicle. As such, this is the root of the industry’s problem and a roadblock to making larger…
Canada’s oil sands industry just can’t catch a break. Enbridge’s Line 3 pipeline is facing the prospect of more delays as it was hit with a legal setback in…
Oil markets are heading into bear territory as fears of a global economic slowdown grow on the back of Washington's escalating trade wars with both China and Mexico.
Last month, the world’s fourth-largest oilfield services company, Weatherford, said that it would begin financial restructuring to significantly cut its long-term debt of over US$7 billion. Weatherford expects the restructuring agreement…
Royal Dutch Shell is building a business with the potential to return US$125 billion or more in the form of dividends and share buybacks to shareholders between 2021 and the…
The Trump administration is attempting to dial down the tension with Iran, lowering the risk of military conflict and pushing for diplomatic negotiations. On Sunday, U.S. Secretary of State Mike…
When Tesla announced a 100 MW/129 MWh battery project in Australia, it was hailed as the world’s largest energy storage facility. Then Abu Dhabi upped the ante by…
Ethanol supporters were certain conditions for them would improve following Environmental Protection Agency (EPA) Administrator Scott Pruitt’s resignation. As Oklahoma’s Attorney General, Pruitt had sued the EPA over the Renewable Fuel Standard (RFS). As EPA Administrator, Pruitt…
Tesla launched on Friday pre-orders for its China-made Model 3, pricing it well below the imported Model 3 and saying deliveries from the Shanghai factory will begin in six…
After oil prices booked in May their worst decline in six months amid fears that trade wars would slow down global economic and oil demand growth, the price of…