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Energy / Energy-General

Aramco’s Next Plan To Raise Billions Of Dollars

Jul 27, 2018 at 15:32 | ZeroHedge

The Aramco IPO may now be history, put on indefinite hold several weeks ago, but Saudi Arabia's funding needs have never been greater. As a result, 32-year-old Crown Prince Mohammed…

Ford Starts Up $4B Autonomous Vehicle Unit

Jul 27, 2018 at 15:31 | Jon LeSage

While Ford has been emphasizing trucks and SUVs over passenger cars, that may soon be changing over to a new business model. On Tuesday, the Detroit automaker launched Ford…

When Is The Right Time To Buy Oil Stocks?

Jul 27, 2018 at 15:29 | Dan Dicker

It’s been frankly impossible to try and trade our energy portfolios while trying to gauge the effects of a very unpredictable Trump administration. For example, what would have happened in…

A Trade Too Good To Ignore

Jul 27, 2018 at 15:25 | Martin Tillier

If you will forgive me, I would like to brag a little. On April 27th of this year I wrote that after a long period of bullishness on First Solar…

Bullish News Fails To Incite Oil Rally

Jul 27, 2018 at 15:24 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures are trading slightly lower early Friday after posting three straight days of gains. Even with the small setback, the market is set to…

Oil Industry Sees Best Profits In Years

Jul 27, 2018 at 15:24 | Editorial Dept

Friday July 27, 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 – June 27th, 2018

Jul 27, 2018 at 15:24 | Editorial Dept

Exxon has revised upwards its reserve estimate for a major oil discovery off the coast of Guyana. The Stabroek block is now seen to hold 25% more crude, at more…

Profits For Oil Majors Soar Even As Wall Street Hoped For More

Jul 27, 2018 at 12:31 | Tom Kool

Oil prices started the week moving upwards after geopolitical tensions threatened both Iranian and Saudi Arabian oil, but a rising rig count on…

Oil Prices Slip As Rig Count Inches Higher

Jul 27, 2018 at 12:16 | Julianne Geiger

Baker Hughes reported an increase to the number of active oil and gas rigs in the United States on Friday. Oil and gas rigs increased by 2 rigs, according…

Oil Prices Set For First Weekly Gain In Four Weeks

Jul 27, 2018 at 11:03 | Tsvetana Paraskova

Oil prices were essentially flat early on Friday morning in quiet trade, but were on track for their first weekly gain in four weeks as tension around a key…

Global Oil Discoveries See Remarkable Recovery In 2018

Jul 27, 2018 at 09:29 | Rystad Energy

Global discoveries of conventional oil and natural gas are seeing an exciting recovery with discovered resources already surpassing 4.5 billion boe in H1 2018, Rystad Energy analysis shows. The average…

The 4 Key Chokepoints For Oil

Jul 26, 2018 at 15:32 | Nick Cunningham

While everyone has been watching the Strait of Hormuz amid rising tension between the U.S. and Iran, a chokepoint on the other side of the Arabian Peninsula is now at…

China’s Economic Growth Stimulus Could Boost Oil Demand

Jul 26, 2018 at 13:15 | Tsvetana Paraskova

China unveiled this week measures to reinvigorate its economic growth with support for infrastructure investments that are likely to boost demand for various commodities, including oil. As the U.S.-China trade…

Saudi Budget Deficit Shrinks As Oil Prices Rally

Jul 26, 2018 at 13:00 | Irina Slav

Higher oil prices are invariably good news for oil-dependent economies. The latest price rally is particularly good news for the world’s top oil exporter, Saudi Arabia, whose budget deficit is…

Total’s Record Production Boosts Q2 Profit

Jul 26, 2018 at 11:52 | Irina Slav

French Total booked a 44-percent improvement in its second-quarter net profit on the back of record-high quarterly oil and gas production, the company said today. At US$3.6 billion, the…

Strong Dollar Could Cap Oil Prices

Jul 25, 2018 at 15:46 | Nick Cunningham

The strength of the U.S. dollar poses an obstacle to further gains in oil prices. President Trump’s trade war with China, which is still in its early stages, has already…

Big Oil’s New Dilemma: How To Position For Growth

Jul 25, 2018 at 13:53 | Tsvetana Paraskova

The world’s biggest oil companies called the end of the downturn with the pretty good profits they reported for the first quarter this year. As the earnings season for the…

Oil Jobs Under Threat From Drones

Jul 25, 2018 at 13:33 | Irina Slav

The drones are coming to oil and gas and they may soon be intelligent enough to replace humans in on-site inspections. That’s what the latest experiments carried out by drone…

Tullow Shutters Oil Operations, Deals Severe Blow To Kenyan Oil Industry

Jul 25, 2018 at 13:16 | Julianne Geiger

Tullow Oil has stopped all operations in its Kenyan oil fields, citing unaddressed security fears as local hostility mounts. Tullow Oil had threatened over the weekend to shut down…

Citi: The Case For $45 Oil

Jul 25, 2018 at 11:07 | Irina Slav

Oil could be back to US$45 a barrel within 12 months, Citigroup’s commodities chief Ed Morse said in an interview with the Financial Post, noting that the bullish case…

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