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Crude oil prices moved lower…
Sources - Inside source at a black market Niger Delta refinery - Investigative journalist with access to militants in Nigeria - Nigeria political analyst Everything You Need To Know About…
Predicting Libya’s future course is a head-scratcher for any oil analyst, things genuinely start to go steeply downhill the exact moment when some sort of trust is restored and people…
Vehicle automation is expected to have a huge impact on demand for energy in transport, but there is very little clarity as to what the net effect will be. A…
In January Energy World Corporation (EWC) announced it had been given final approval by the Department of Energy (DoE) under their new regulations to build the country’s first LNG import…
Starting off the week on February 18 was an unusually comfortable experience for people in the oil industry. Saudi Arabia vowed to cut its crude output beyond OPEC/OPEC+ commitments, which…
Ongoing tensions between the U.S. and Russia continue to unfold, even as allegations of President Trump’s involvement in Russian meddling in the 2016 presidential election looks like it will finally…
Thanks to continuously declining costs, a hybrid renewable electricity generation system that combines wind, solar, and storage could become competitive with the cheapest fossil fuel electricity in the United States—combined-cycle…
Crude oil production in the Permian is set to rise above 4 million bpd for the first time in history next month, the Energy Information Administration said in the latest…
While all eyes are on the unfolding crisis in Venezuela, the Trump administration is laying the ground work for its next target: Iran. The greatest source of pressure has come…
International ratings agency Fitch has awarded the Abu Dhabi National Oil Company (ADNOC) a stand-alone credit rating of AA+. This rating is evidence of ADNOC’s ongoing transformation from a traditional…
OPEC+ cuts, supply disruptions and an easing of trade tensions between the U.S. and China has boosted crude oil to a three-month high. (Click…
Russian gas giant Gazprom has invested billions in extending and diversifying its pipeline infrastructure to Europe through Turk Stream and Nord Stream 2. Both projects are part of Moscow’s vision…
Amazon.com, Inc., just added electric trucks and SUVs to its broad investment portfolio. Electric truck and SUV startup Rivian just announced that its $700 million funding round is being led by…
After years of budget cuts, oil and gas companies are finally stepping up their exploration game. Several wildcat wells planned for 2019 have the potential to be “elephant” finds, according…
Last week, Shell became the latest supermajor to make a big bet on battery storage with the announced acquisition of German energy storage startup Sonnen. Sonnen focuses specifically on…
The Detroit 3 are in a heated battle to take the lead in a highly-profitable segment: heavy-duty pickups. The days of striving to take the lead in selling the market’s…
Egypt’s oil and gas future looks very bright. The large scale concessions awarded during the EGYPS2019 conference in Cairo, 11-13 February, shows the appetite of IOCs, such as Shell, BP…
Oil and gas companies that have pursued production or reserve growth have underperformed companies that have instead focused on shareholder returns, even if that meant slower growth. More to the…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher on Friday and for the week for a number of reasons, mostly affecting the supply side. The…
A new report by McKinsey forecasts a rapid switch from gas guzzlers to electric vehicles on the world's roads will be boosted by the plummeting costs of owning a battery powered…