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Energy / Energy-General

Uncertainty Continues For LNG Markets

Feb 07, 2019 at 13:46 | Vanand Meliksetian

‘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 Disputes Study That Icy Weather Leads To 41% Drop In EVs Range

Feb 07, 2019 at 11:00 | Tsvetana Paraskova

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…

Expect More Bullish News For Oil This Month

Feb 06, 2019 at 14:19 | Editorial Dept

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…

OPEC: Success Or Stagnation?

Feb 06, 2019 at 13:58 | Ross McCracken

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…

Oil And Gas In Spotlight At State Of The Union

Feb 06, 2019 at 08:57 | Irina Slav

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…

Bank Of America: Oil Demand Growth To Hit Zero Within A Decade

Feb 05, 2019 at 17:07 | Nick Cunningham

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…

Kazakhstan’s Oil Dilemma

Feb 05, 2019 at 13:52 | Eurasianet

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 Rally Halts On Economic Concerns

Feb 05, 2019 at 13:26 | Tom Kool

Oil prices have been choppy in recent days, although WTI and Brent are holding onto their gains near multi-month highs. (Click to enlarge)

BP Beats Estimates, Posts Highest Profit In Five Years

Feb 05, 2019 at 11:48 | Tsvetana Paraskova

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 Puts ‘Recoverable Reserves’ At 160 Billion Barrels

Feb 05, 2019 at 10:26 | Irina Slav

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…

The Permian Has A Flaring Problem

Feb 04, 2019 at 16:56 | Nick Cunningham

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…

Could This Material Kill Lithium-Ion Batteries?

Feb 04, 2019 at 14:47 | Irina Slav

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…

Sanctions Cut Off Venezuelan Crude Supply To U.S. Refiners

Feb 04, 2019 at 14:26 | Tsvetana Paraskova

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…

Can Venezuela Revive Its Oil Industry Like Iraq Did?

Feb 04, 2019 at 13:51 | Vanand Meliksetian

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,…

Why Are Asian Spot LNG Prices Plunging?

Feb 04, 2019 at 11:50 | Tim Daiss

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…

Wood Mac: Venezuela’s Oil Output To Fall Below 1 Million Bpd

Feb 04, 2019 at 09:31 | Irina Slav

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…

Exxon Goes All-In On The Permian

Feb 01, 2019 at 17:23 | Nick Cunningham

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…

Are Automakers Overestimating EV Demand?

Feb 01, 2019 at 17:19 | Irina Slav

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…

U.S. Energy Exports To See Significant Increase

Feb 01, 2019 at 17:16 | Robert Rapier

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…

The Key Takeaways This Earnings Season

Feb 01, 2019 at 17:10 | Martin Tillier

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…

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