Central Banks are reluctant to…
WTI crude hangs above $80…
Libya’s oil could be under threat again, as fresh militant clashes may be coming to its oil region, just after the June-July standoff that crippled production and exports ended. Ibrahim…
When Lundin Petroleum struck oil near a dry well 130 km from the Norwegian coast in the North Sea in 2010 few people, if anyone at all, expected the oil…
European natural gas pricing is amongst the highest seen in recent years, as unseasonably high demand and the long-term ramifications of the pan-European cold snap are priced into the European…
While Tesla, Inc., will be staying on the stock market instead of securing private financing, a much larger question has come up: Will the electric carmaker’s future depend entirely…
Oil prices have held onto gains in the last few trading sessions. “Brent is still holding its own above $76 per barrel, finding support from a weaker US dollar and…
U.S. Refinery Fall 2018 Turnaround Season This summer, United States refineries operated just shy of record highs, running close to 100 percent utilization rates. Refineries reached a new record-high gross…
Saudi Arabia’s King Salman has demanded that the initial public offering of Saudi Aramco be called off, stepping in to shelve the plans of his heir apparent, Crown Prince Mohammed…
The U.S. wants Iran’s oil exports to drop to zero, according to a recent statement by National Security Advisor John Bolton. The question is: can the U.S. pull it…
The U.S.-China trade tensions—which continue to escalate despite last week’s talks—risk backfiring on the American oil and gas sector, slowing down investments in long-term projects, a Texas energy group says…
Russian Deputy Foreign Minister Mikhail Bogdanov said on Friday that Vladimir Putin is preparing to visit Saudi Arabia. The statement comes after the Russian president received an invitation from…
Tesla will stay public, Elon Musk said late on Friday, ending more than two weeks of speculation and calculation about how much a go-private deal would cost and who…
Alberta is poised to find a booming market supplying petrochemical companies from its natural gas shale fields — and cost-competitive enough to potentially take away some of the U.S.…
Following a week of gains that snapped a seven-week losing streak for WTI, oil prices traded slightly higher at 9:00 a.m. EDT on Monday, wiping out earlier losses as they…
Kalashnikov is synonymous with machine gun, but the Russian arms and military equipment giant has recently revealed that it has ambitions in other industries as well. This week, Kalashnikov took…
Europe’s natural gas market is the most bullish it has been in years, as higher-than-expected summer demand and a tighter market drive natural gas price futures to levels last seen…
In a little over 16 months, the International Maritime Organization (IMO) will ban the use of untreated marine fuels that emit high levels of sulphur oxide (SOx). Vessels that emit…
New pipeline capacity additions on both sides of the border have helped U.S. natural gas pipeline exports to Mexico to jump to their highest level on record in July. American…
The Saudi government said it would halt their plans for an IPO of their State-owned Saudi Aramco oil company, in charge of virtually all Saudi energy assets. This changes everything.…
I have said before and I’ll say it again, despite Donald Trump’s best efforts the coal industry in this country is in long-term, probably terminal decline. Those best efforts were…
Friday August 24, 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…