Nissan aims to cut EV…
U.S. utilities are struggling to…
‘King Coal’ dominated the energy mix during the industrial revolution of the 19th century. The replacement of the steam engine by the internal combustion engine made oil the most important…
Tesla says that a new AAA study on electric vehicle (EV) range in icy or hot temperatures has shown results inconsistent with the experience of Tesla drivers and that the…
Last month we wrote a series of notes arguing that risks were either skewed sideways or slightly higher for oil primarily based on the ideas that the US central bank…
Since the co-option of Russia at the end of 2016, OPEC has appeared resplendent, but it remains a far from perfect cartel with no real destination in sight. Although it…
Record-breaking oil and gas production in the United States was one of the focal points of President Trump’s State of the Union Address this week, with an emphasis placed…
By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should continue to grow, although…
It was a hot July morning in 2000 when a helicopter carrying Kazakhstan’s President Nursultan Nazarbayev landed on a drilling barge on the Caspian Sea. An anxious-looking Nazarbayev emerged from…
Oil prices have been choppy in recent days, although WTI and Brent are holding onto their gains near multi-month highs. (Click to enlarge)
Thanks to growing oil and gas production and higher prices, supermajor BP (NYSE:BP) more than doubled its 2018 earnings, beating expectations to post the highest annual profit in…
Iran has recoverable crude oil reserves of 160 billion barrels, the National Iranian Oil Company said, adding recoverable natural gas reserves came in at 33.33 trillion cubic meters, Mehr news…
A report from the Environmental Defense Fund (EDF) found that the rate of flaring in the Permian basin is twice as high as the industry has been reporting. In…
Sodium, an element far more abundant than lithium, is expanding its claim to fame in the battery field. A new study from a Japanese university has suggested…
U.S. refiners will not be able to complete transactions for shipments of crude from Venezuela’s PDVSA for cargoes they had contracted before the U.S. Treasury slapped sweeping sanctions on the…
The political turmoil in Venezuela seems to be a never-ending story. Since Hugo Chavez’ presidency, the Latin American country has been the center of attention during several crises. This time,…
In more unusual moves for spot liquefied natural gas (LNG) in Asia, prices for the super-cooled fuel last week fell to a nine-month low amid an uncharacteristically oversupplied market due…
Venezuela’s crude oil production could fall below 1 million bpd after the United States imposed new sanctions on its already struggling state oil company PDVSA, Wood Mackenzie analyst Ann-Louise Hittle…
ExxonMobil and Plains All American gave the greenlight to another major pipeline in the Permian basin, which would move 1 million barrels per day (mb/d) from West Texas to…
Electric cars were the stars of the Detroit Auto Show this year and they have been garnering a lot of attention from the media generally amid increasingly urgent talk…
The Energy Information Administration has released its Annual Energy Outlook (AEO) 2019 with projections to 2050. The purpose of the AEO is to provide long-range energy projections for the United States, based…
Exxon Mobil and Chevron released fourth quarter earnings this morning, and the market cheered. After a period of misses, this morning’s release was the second consecutive beat of…