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The AI Revolution Has a Problem: Energy

The AI Revolution Has a Problem: Energy

On the one hand, artificial…

Energy / Energy-General

Rising Costs Weigh On Permian Gas Production

Sep 10, 2018 at 13:46 | Stuart Burns

To be fair, not all shale gas drilling is slowing, but in the Permian Basin, which has seen the most incandescent growth in recent years, according to the Financial Times,…

U.S. Energy Secretary To Meet Russian And Saudi Counterparts

Sep 10, 2018 at 13:20 | Irina Slav

U.S. Secretary of Energy Rick Perry will meet this week with Saudi Arabia’s Khalid al-Falih and Russia’s Alexander Novak, Reuters reports, adding that the meetings will be separate, with…

Erdogan Accuses U.S. Of Supplying Oil To Syrian Rebels

Sep 10, 2018 at 11:32 | Irina Slav

Turkey’s President Recep Erdogan has lashed out at the United States, accusing Washington of supplying crude oil to a rebel group calling itself the People’s Protection Units, or YPG, which…

Cyber Threats Are Mounting For U.S. Energy

Sep 10, 2018 at 10:51 | Llewellyn King

War always goes for the infrastructure: take out the bridges, cut off the electricity and water supplies. All that used to be done with artillery, tanks and bombs. Going forward,…

Armed Men Storm Libya’s National Oil Corporation HQ In Tripoli

Sep 10, 2018 at 09:35 | Tsvetana Paraskova

The latest clashes in Libya escalated on Monday when several gunmen attacked the headquarters of Libya’s National Oil Corporation (NOC) in Tripoli, and witnesses say that a few people…

The Start Of Saudi Arabia’s Power Play

Sep 07, 2018 at 17:26 | Viktor Katona

As oil markets come to the end of a surprisingly bearish week, we take a look at all the key stories and figures in the markets. Shaky emerging market developments…

Goldman: Don’t Expect A Major Oil Price Spike From IMO Regulations

Sep 07, 2018 at 17:09 | Nick Cunningham

We are now a little over 15 months away from a major set of international regulations over maritime fuels, which have raised concerns about the havoc and price spikes that…

Artificial Photosynthesis: A New Renewable Energy Source?

Sep 07, 2018 at 17:09 | Haley Zaremba

An international team of scientists has made a major breakthrough for the future of sustainable fuel. They achieved this major milestone by copying the methods of some of the cleanest…

A Watershed Moment Is Looming For Iran

Sep 07, 2018 at 17:05 | Gregory R. Copley

Strenuous domestic and international posturing by political leaders in Iran during July, August, and into September 2018 highlighted the degree of stress which Iranian leadership groups and individuals have felt…

Peru Looks To Boost Energy Investment With Legislative Reform

Sep 07, 2018 at 17:01 | Oxford Business Group

Peru’s Congress is to consider legislation reforming the hydrocarbons sector, with the updated law forecast to increase investment in the sector, while reinforcing environmental protection and community rights. In June…

OPEC/NOPEC To Discuss 1 Million Bpd Production Boost Next Week

Sep 07, 2018 at 15:32 | Tsvetana Paraskova

A joint panel of OPEC and non-OPEC representatives will discuss next Tuesday how the group could distribute among them the 1 million bpd production increase that was agreed in June…

Are The Saudis Keeping Oil Prices Suppressed?

Sep 07, 2018 at 15:11 | Dan Dicker

We've seen very little recently to dissuade us from the thesis of much higher oil prices to come. EIA charts here on oilprice.com consistently show just how far short of…

This Oil Major Comes At A Discount

Sep 07, 2018 at 15:11 | Martin Tillier

Regular readers will know that I can be a little contrarian at times. That is not necessarily the result of being curmudgeonly, although if you ask my kids I’m sure…

Pipeline Problems Plague North America

Sep 07, 2018 at 15:11 | Editorial Dept

Friday September 7, 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 7th 2018

Sep 07, 2018 at 15:11 | Editorial Dept

Japanese wholesale oil traders are starting to wind down their Iranian oil orders ahead of the November 4 deadline when U.S. sanctions against Tehran are set to kick in. Other…

Hedge Funds Turn Bullish Amid Minor Correction

Sep 07, 2018 at 15:10 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures posted a volatile two-sided trade this week before turning decisively lower for the week. Volume was light at the start of the week…

The End Of The Oil Price Rally

Sep 07, 2018 at 13:45 | Tom Kool

Oil prices slipped this week as unexpected builds in gasoline inventories due to a drop in demand with driving season coming to an end.

US Rig Count Holds Steady As Oil Prices Slip

Sep 07, 2018 at 12:25 | Julianne Geiger

Baker Hughes reported no change to the number of active oil and gas rigs in the United States on Friday. Oil and gas rigs held at 1,048 according to the…

Asia Braces For Much Tighter Oil Markets

Sep 06, 2018 at 17:18 | Tsvetana Paraskova

Two months before the U.S. sanctions on Iranian oil exports go into effect, Asian refiners and traders are beginning to line up their purchases for cargo loadings for November. On…

The World’s No.1 Offshore Boom Is Facing Uncertainty

Sep 06, 2018 at 17:02 | Nick Cunningham

The outcome of Brazil’s upcoming presidential election is astoundingly unclear, with scenarios that range from a winner from the far-right, center or left. The energy industry is certainly not at…

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