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Energy Efficiency is Critical for a Sustainable Future

Energy Efficiency is Critical for a Sustainable Future

Governments must prioritize energy efficiency…

Why Chinese Exports to Russia Are Declining

Why Chinese Exports to Russia Are Declining

China, facing US threats of…

Energy / Energy-General

Global Intelligence Report - 17th April 2019

Apr 17, 2019 at 12:50 | Editorial Dept

Geopolitical Notebook Oilprice Assets on the Ground in Tripoli… Haftar’s Problem With Libya’s Oil Revenues This week, Oilprice.com was on the ground in Tripoli, reporting from the Ain Zara District,…

Russia’s Shadow Hangs Over Oil Markets

Apr 17, 2019 at 12:46 | Editorial Dept

Last week’s note had a geopolitical focus as we laid out why we think Donald Trump will have an outsized impact on oil prices this Spring. Our theory here is…

Is Carbon Capture And Storage Unavoidable?

Apr 17, 2019 at 12:43 | Ross McCracken

Carbon Capture and Storage (CCS) has so far been more notable for its failures than its successes. In North America, only two commercial-scale post-combustion projects have been completed, both retrofitted…

Foreign Carmakers Fight Uphill Battle Against Chinese EV Giants

Apr 17, 2019 at 11:42 | Irina Slav

With China’s notoriety as the world’s largest electric-vehicle market, it’s hardly any wonder that all international carmakers are vying for a piece of the EV pie that is only going…

The Giant Floating LNG Project You’ve Never Heard Of

Apr 17, 2019 at 10:20 | Viktor Katona

One of Africa’s brightest LNG prospects, Tortue FLNG is edging increasingly closer to its estimated commissioning date, 2022. It is one of the largest deepwater gas find of recent years…

Scientists Find Oil-Eating Superbacteria On Bottom Of The Ocean

Apr 16, 2019 at 16:29 | Haley Zaremba

Scientists from Ocean University in Qingdao, China and the University of East Anglia in Norwich, England have made an incredible discovery that could one day save the planet from the…

The 2020 Elections Could Be A Turning Point For Oil & Gas

Apr 16, 2019 at 16:25 | Nick Cunningham

Under the next president, U.S. oil and gas companies could lose access to fracking on federal lands. Democratic presidential candidate Elizabeth Warren has proposed a ban on new drilling on…

Oil Bulls Undaunted By OPEC Fears

Apr 16, 2019 at 11:50 | Tom Kool

Trader Alert: For the first time ever, Oilprice.com is making its annual Top 50 Oil & Gas Companies report available to members. Sign up to…

U.S. Energy Consumption Hits All-Time Record

Apr 16, 2019 at 10:37 | Irina Slav

Energy consumption in the United States reached an all-time high last year, data from the Lawrence Livermore National Laboratory showed. According to the laboratory, the United States consumed 101.2…

U.S. Doubles Oil Exports In 2018

Apr 16, 2019 at 09:20 | Julianne Geiger

The United States nearly doubled its oil exports in 2018, the Energy Information Administration reporting on Monday, from 1.2 million barrels per day in 2017. The 2.0 million barrels…

Megadeal Triggers M&A Spree In The Permian

Apr 15, 2019 at 16:36 | Nick Cunningham

Late last week, Chevron announced its decision to takeover Anadarko Petroleum for $33 billion, a deal that could mark a watershed moment for the Permian basin and the U.S. shale…

The U.S. Is Losing Influence In The World’s Biggest Oil Region

Apr 15, 2019 at 16:35 | Gregory R. Copley

Egyptian President Abdul Fatah al-Sisi’s visit to the White House on April 9, 2019, resulted in one of the worst setbacks for U.S. Middle Eastern policy under the Donald Trump…

The World’s Most Unorthodox Oil Nation

Apr 15, 2019 at 13:06 | Kurt Cobb

In what seemed like an episode of the Norwegian television drama Occupied, Norway's largest political party joined smaller ones in the nation's parliament to prevent oil exploration in the scenic 

Think Tank: Mexico’s New Refinery Already Doomed

Apr 15, 2019 at 12:46 | Haley Zaremba

A Mexican think tank has declared that Pemex’s newest refinery is doomed in a grim analysis released this month. The Mexican Institute for Competitiveness (Instituto Mexicano para la Competitividad, or…

‘High’ Oil Prices Are Already Dampening Demand

Apr 15, 2019 at 11:33 | Irina Slav

Crude oil prices are affecting demand for the commodity negatively, the International Energy Agency’s head Fatih Birol told S&P Global Platts in an interview. "The higher oil price environment…

Artificial Intelligence Is Transforming Oil Trade

Apr 12, 2019 at 18:25 | Irina Slav

Artificial intelligence has been making inroads into the oil and gas industry for a while now after the industry realized all the benefits it could reap from the deployment of…

Trump’s New Ambassador Scrambles To Salvage Relationship With Riyadh

Apr 12, 2019 at 18:21 | Tim Daiss

The Senate has confirmed President Trump’s nominee to be the new U.S. ambassador to Saudi Arabia. Though Trump has been in office for more than two years, it will…

“It’s Stupid”: German Professor Slams Berlin Battery Play

Apr 12, 2019 at 18:20 | Jon LeSage

Electric car battery sales are projected to hit $60 billion by 2030, and Germany wants to grab the lead. That will be a tall wall to climb, with Chinese, Korean,…

Traders In Limbo As Mounting Uncertainty Pulls Oil In All Directions

Apr 12, 2019 at 18:15 | Jim Hyerczyk

Crude oil prices are expected to finish the week higher, but the price action late in the week suggests the market may be getting a little top heavy. Early in…

Is Oil Due For A Correction?

Apr 12, 2019 at 15:54 | Editorial Dept

Crude oil prices are expected to finish the week higher, but the price action late in the week suggests the market may be getting a little top heavy. Early in…

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