Sao Paolo is facing blackouts…
Central Banks are reluctant to…
U.S. oil production recently broke another record, jumping to 10.619 million barrels per day (mb/d) in the last week in April, and the sky seems to be the limit for…
Last week the chief executive of Saudi Arabia’s stock exchange Tadawul tried to reassure potential investors in Aramco that the bourse will cap the weight of the oil company…
A deepening economic crisis in Venezuela and the approaching deadline for President Trump’s decision on the Iran nuclear deal combined to push West Texas Intermediate above US$70 for the first…
The offshore sector will increasingly focus on natural gas instead of oil over the next few decades, while policy support and technology improvements could also see offshore investment shift in…
Boost efficiency and cut costs—the oil industry’s favorite buzzwords during the latest downturn—continue to be the key talking points of the companies in the post-oil-price-crash world. The rise of technology…
Benchmark Mineral Intelligence, a provider of price information and research on battery supply chains, parsed the numbers after Tesla gave a rare indication of the relative proportions of raw…
When considered on a year on year basis, this has been a remarkable earnings season so far for the energy sector, with a market leading 89.1 percent EPS growth rate.…
Friday May 4, 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…
Marathon Petroleum will buy peer Andeavor in a cash and stock deal worth $23 billion, creating the biggest independent refiner in the United States, overtaking Valero. The new company will…
June West Texas Intermediate crude futures are trading flat-to-lower as we approach the end of the week. Volume has been light all week with traders refusing to commit to either…
After several days of volatile trading, oil is set to close on a quiet note as the world awaits the U.S.' decision regarding the Iran deal.
US drillers added 11-rigs to the number of oil and gas rigs this week, according to Baker Hughes, adding 9 active oil rigs and 1 active gas rig,…
Canadian provinces are getting much less in exchange for the oil and gas they produce now than in the past despite growing production, a new report has revealed. Authored by…
Saudi Arabia is apparently eager to adopt blockchain technology in its oil industry “and that’s huge,” according to one of the earliest blockchain developers Nick Spanos. Speaking to Bitcoin…
Despite the fact that Russia pumped more than its quota under the OPEC/non-OPEC deal for two months in a row, Moscow is staying committed to the pact, Russian Energy…
Bahrain’s gross government debt could reach 102 percent in 2019 from 94.9 percent this year as the smallest oil producer in the Gulf struggles with one of the highest breakeven…
Few younger readers will remember how popular hydrogen fuel cells were in the media a couple of decades ago. They came before electric cars. They were supposed to be the…
As global oil markets shift their attention from U.S. shale oil production back to a resurgent Saudi Arabia and Russia and geopolitical concerns bearing down on oil prices, Citigroup…
The recent oil price rally has been a boon for U.S. oil producers, but for those that have hedged future production at prices capped below current oil price levels, hedging…
The first quarter of 2018 was the best one in years for the oil majors. Still, despite huge profits, the largest oil companies are moving forward cautiously, keeping spending in…