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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy / Energy-General

Fuel Oil Isn’t Going Anywhere

Oct 01, 2018 at 14:18 | Irina Slav

Demand for fuel oil is under threat: media are paying growing attention to the upcoming new emissions standards introduced by the International Maritime Organization, to take effect from January 1,…

This Car Maker Is About To Launch Europe’s Largest Energy Storage Project

Oct 01, 2018 at 12:00 | Jon LeSage

French company Renault is harnessing its position as the leader in Europe’s electric vehicle market and following Asian and American giants into the lithium ion battery storage market. Renault is…

Elon Musk Settles With SEC, Quits As Tesla Chairman

Oct 01, 2018 at 09:23 | Tsvetana Paraskova

Elon Musk has agreed to settle the securities fraud charge by the U.S. Securities and Exchange Commission (SEC) in a settlement that includes removing Musk as chairman at Tesla, and…

Nigeria Doubles Down On Mini-Grids

Sep 28, 2018 at 17:14 | Oxford Business Group

The development potential of Nigerian mini-grids – generation and distribution systems capable of supplying up to 1 MW of capacity from renewable sources, independent of national transmission networks – is…

How Much Spare Capacity Does Saudi Arabia Really Have?

Sep 28, 2018 at 17:09 | Editorial Dept

Saudi Arabia has pledged to cover any supply gap that may emerge as Iranian oil goes offline, but how much spare capacity does it really have? The massive reserve of…

Don’t Count On The Usual Tesla Bounce This Time

Sep 28, 2018 at 17:05 | Martin Tillier

I have written occasionally here about Tesla (TSLA). While the relationship to the energy market and sector is a tenuous one, it is a fascinating stock that has produced a…

Does OPEC Have Enough Spare Capacity?

Sep 28, 2018 at 17:04 | Editorial Dept

Friday September 28, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Global Energy Advisory September 28, 2018

Sep 28, 2018 at 16:52 | Editorial Dept

With the November 4 launch of U.S. sanctions against Iran drawing near, uncertainty about how much of global supply will be affected is running high. Mixed signals coming from some…

Why The Oil Rally Is Slowing Down

Sep 28, 2018 at 16:51 | Jim Hyerczyk

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are in a position to post solid gains for the week. The market continue to be underpinned by worries about…

The $100 Oil Debate

Sep 28, 2018 at 14:00 | Tom Kool

WTI and Brent continued to climb higher on Friday and more bullish indicators suggest the rally has only just begun. (Click to enlarge)

U.S. Rig Count Sees Modest Increase Amid Soaring Oil Prices

Sep 28, 2018 at 12:17 | Julianne Geiger

Baker Hughes reported an increase of a single oil and gas rig in the United States this week, bringing the total number of active oil and gas rigs to 1,054…

Oil Market Shocked As China’s Top Refiner Halves Iranian Oil Imports

Sep 28, 2018 at 09:31 | Tsvetana Paraskova

China’s top refiner Sinopec is halving its oil imports from Iran as of September, bowing to pressure from the United States, which is seeking to bring Iranian oil exports down…

The Inevitable Oil Supply Crunch

Sep 27, 2018 at 16:54 | Nick Cunningham

“The warning signs are there – the industry isn’t finding enough oil.” That’s the start of a new report from Wood Mackenzie, which concludes that a supply gap could…

Outages Could Threaten New England’s Gas Market

Sep 27, 2018 at 14:08 | Genscape

After frequent rescheduling and downgrading, including a last-minute delay after market close last Friday, September 21, New England’s main natural gas pipeline, Algonquin Gas Transmission (AGT), may finally run their…

Norway's Central Bank Fears An Oil Price Spike

Sep 26, 2018 at 16:49 | Tsvetana Paraskova

Rising oil prices have helped the finances and economies of the big oil-producing nations a lot. Western Europe’s largest oil and gas producer, Norway, is no exception. Norway’s economic growth…

$80 Oil: Increased Investment Or Demand Destruction?

Sep 26, 2018 at 13:29 | Tim Daiss

Amid all of the talk and conjecture of where global oil prices are heading, Shell CEO Martin van Beurden said yesterday that $80 per barrel is not an unreasonable…

The U.S. Will Ensure A “Well Supplied Oil Market”

Sep 26, 2018 at 10:44 | Irina Slav

“We will ensure prior to the reimposition of our sanctions that we have a well supplied oil market,” the special U.S. envoy for Iran, Brian Hook told the United…

Oil Markets Unimpressed By Small Crude Build

Sep 26, 2018 at 09:42 | Irina Slav

A day after the American Petroleum Institute reported an inventory build that some traders took as a surprise and started selling their oil holdings, the EIA confirmed a…

Shell CEO: $80 Oil To Boost Energy Infrastructure Investment

Sep 26, 2018 at 08:59 | Tsvetana Paraskova

Brent Crude at $80 a barrel is not an “unreasonable” price of oil, and it will support investment in oil and gas infrastructure after the downturn, Shell’s chief executive Ben…

The Future Of Global LNG Is Here

Sep 25, 2018 at 13:27 | Tim Daiss

Global liquefied natural gas (LNG) markets have evolved in just a few years, morphing from a somewhat limited supply of the super-cooled fuel as recently as four years ago to…

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