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Energy / Energy-General

A ‘’Gusher Of Red Ink’’ For U.S. Shale

Jun 06, 2019 at 13:43 | Nick Cunningham

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…

What’s Keeping The U.S. From Developing Its Cleanest Energy Source?

Jun 05, 2019 at 16:43 | Tsvetana Paraskova

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…

Iran’s Lifeline Against U.S. Sanctions

Jun 05, 2019 at 13:59 | Simon Watkins

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…

This Crazy Idea Could Be The Future Of Power Generation

Jun 05, 2019 at 13:48 | Irina Slav

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…

‘No Trade Deal’ Scenario Keeps A Hard Cap On Oil Prices

Jun 05, 2019 at 12:36 | Editorial Dept

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…

The Truth Behind Syria’s Oil Tanker Attacks

Jun 05, 2019 at 12:35 | Editorial Dept

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,…

OPEC Powerless Against Global Production Growth

Jun 05, 2019 at 12:32 | Ross McCracken

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…

A Case For Circumventing Oil Sanctions

Jun 05, 2019 at 12:31 | Editorial Dept

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…

Bearish News Piles Up As Driving Season Kicks Off

Jun 05, 2019 at 12:29 | Editorial Dept

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…

World Bank Reduces Russia 2019 Growth Outlook On Oil Cuts

Jun 05, 2019 at 10:48 | Irina Slav

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…

Battery Breakthrough Solves Major Electric Car Problem

Jun 04, 2019 at 17:22 | Irina Slav

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…

The Next Headache For Canada’s Oil Patch

Jun 04, 2019 at 13:44 | Nick Cunningham

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 Is On The Brink Of A Bear Market

Jun 04, 2019 at 12:36 | Tom Kool

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.

Oilfield Services Feel The Pain As Crude Prices Drop

Jun 04, 2019 at 11:58 | Tsvetana Paraskova

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…

Shell Vows To Pay Back A Whopping $125 Billion To Shareholders

Jun 04, 2019 at 11:04 | Tsvetana Paraskova

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…

Is Trump Reversing Course On Iran?

Jun 03, 2019 at 15:44 | Nick Cunningham

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…

Building The World’s Largest Battery

Jun 03, 2019 at 13:28 | Irina Slav

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 Industry Suffers Major Blow

Jun 03, 2019 at 12:52 | Robert Rapier

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…

China-Made Tesla Sells In 3-Minute Blitz

Jun 03, 2019 at 11:53 | Tsvetana Paraskova

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…

Saudis Pledge To Rebalance Markets After Price Plunge

Jun 03, 2019 at 10:42 | Tsvetana Paraskova

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…

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