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Energy / Energy-General

Equity Markets Surge Despite Tillerson Exit

Mar 13, 2018 at 10:32 | Safehaven.com

Markets opened strong Tuesday morning on a less-threatening take on inflation, with some gains trimmed by news that Trump had sacked his secretary of state, Rex Tillerson, ahead of North…

Gas Exporters Want Oil-Linked Prices

Mar 13, 2018 at 09:50 | Irina Slav

Natural gas exporters want to link the prices for their product to oil benchmarks to keep revenues predictable and supply steady, the new head of the Gas Exporting Countries Forum,…

Here’s What’s Next For Electric Cars

Mar 12, 2018 at 17:42 | Nick Cunningham

Tesla’s stock jumped by 5 percent on Monday on news that the assembly lines of the Model 3 were ratcheting up production, despite a several-day outage at the end of…

Shale Boom Creates New U.S. Oil Export Hub

Mar 12, 2018 at 14:10 | Tsvetana Paraskova

Soaring Permian oil production, increased pipeline takeaway capacity, and a port expansion to accommodate larger vessels position the Texas port of Corpus Christi to become the U.S. oil export hub…

Outages: Utilities Repeat Mistakes

Mar 12, 2018 at 14:00 | Leonard Hyman & William Tilles

So far this March, two nor’easters have pummeled New York and New England with high winds, storm surges and heavy, wet spring snow. As if on cue, large trees fell.…

Another Oil-Backed Cryptocurrency Launches

Mar 12, 2018 at 11:22 | Tsvetana Paraskova

New York-based investment and holding company Signal Capital Management said on Monday that it had launched a cryptocurrency backed by oil and gas reserves in what it says is…

Schwarzenegger Accuses Big Oil Of 1st Degree Murder

Mar 12, 2018 at 10:03 | Irina Slav

Actor and former California governor Arnold Schwarzenegger has accused Big Oil of first-degree murder and plans to sue the supermajors, he said during a Politico podcast at the SWSW…

The OPEC Deal Could Fall Apart In June

Mar 12, 2018 at 09:12 | Irina Slav

OPEC’s oil production cut agreement could start falling apart soon, as Saudi Arabia and Iran once again face off. This time, however, the spat is over determining what the best…

5 Key Takeaways From CERAWeek

Mar 09, 2018 at 17:28 | Nick Cunningham

The annual CERAWeek Conference sponsored by IHS Markit is arguably the hottest oil and gas conference on the planet, and this year’s edition saw the largest attendance in the…

Glut Or Deficit: Where Are Oil Markets Headed?

Mar 09, 2018 at 17:18 | Nick Cunningham

A flurry of recent oil market forecasts have sent a lot of mixed messages about what to expect both in the near-term and over the next several years. Is U.S.…

Will Rosneft Move Forward In The Arctic Without Exxon?

Mar 09, 2018 at 17:16 | Irina Slav

When Vladimir Putin awarded Exxon’s then-CEO Rex Tillerson the Order of Friendship in 2012, little did either of them know that six years later they would be looking at each…

$1.6 Trillion In Fossil Fuel Investments Are At Risk

Mar 09, 2018 at 17:11 | Nick Cunningham

The fossil fuel industry is putting $1.6 trillion of investment at risk if the world gets its act together and tries to adhere to the climate change targets as part…

5 Key Takeaways From CERAWeek

Mar 09, 2018 at 17:07 | Editorial Dept

The annual CERAWeek Conference sponsored by IHS Markit is arguably the hottest oil and gas conference on the planet, and this year’s edition saw the largest attendance in the event’s…

Oil Prices To Rise On Strong Oil Demand

Mar 09, 2018 at 17:00 | Editorial Dept

Friday March 9, 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…

OPEC Exports To The U.S. Continue To Decline

Mar 09, 2018 at 16:04 | Matt Smith

In the latter half of last year, we highlighted how Saudi deliveries to Motiva's Port Arthur refinery had been surpassed by Iraqi barrels for the first time on our records. While…

Oil Prices Bounce After A Tough Week

Mar 09, 2018 at 14:26 | Tom Kool

Oil has had a bumpy week, but following the news that Trump would allow some keep exceptions to the tariffs, along with a strong jobs report and falling U.S. oil…

BP Reports Surprise Production Jump At Mature Fields

Mar 09, 2018 at 10:17 | Irina Slav

BP reported a surprise increase in oil production from aging fields that, according to chief executive Robert Dudley, he hadn’t seen in his close to four-decade career in the industry.…

Where’s Texas Oil Production Headed?

Mar 08, 2018 at 13:54 | Ron Patterson

(Click to enlarge) (Details for the chart above are explained in the post.) The Texas Railroad Commission (RRC) had the oil and gas production reported…

Saudis Hint They Could Delay Aramco IPO Until 2019

Mar 08, 2018 at 10:20 | Tsvetana Paraskova

The initial public offering of Saudi Aramco—currently slated for the second half of 2018—could be pushed into 2019, Saudi Energy Minister Khalid Al-Falih hinted in an interview with Bloomberg…

Rick Perry: U.S. Should Ramp Up Oil, Tech Exports

Mar 08, 2018 at 09:13 | Irina Slav

The United States should make the best use of its oil and gas wealth by boosting exports and sharing production technology with other parts of world, Energy Secretary Rick Perry…

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