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Energy / Energy-General

U.S. Rig Count Inches Higher As Canadian Rig Count Slips

Mar 02, 2018 at 12:21 | Julianne Geiger

Baker Hughes reported another 3-rig increase to the number of oil and gas rigs this week. The total number of oil and gas rigs now stands at 981, which…

Russian Hackers Target U.S. Energy Infrastructure

Mar 02, 2018 at 10:56 | Tsvetana Paraskova

Russia has been trying to interfere with U.S. energy markets and influence U.S. energy policy by using Russian operatives to troll social media platforms with divisive and inflammatory posts, a 

Chevron: We Will Survive Under Any Climate Change Scenario

Mar 02, 2018 at 09:27 | Irina Slav

In its second climate change report Chevron said its business is resilient to a number of scenarios the company has looked into, despite the push towards more renewable energy…

MIT's Miracle Energy Breakthrough

Mar 01, 2018 at 14:55 | Irina Slav

A black box has been sitting on the roof of a Massachusetts Institute of Technology building for the last few months. Beside it sits a weather monitoring system and a…

U.S. Gasoline Consumption Falls For The First Time In Five Years

Mar 01, 2018 at 14:50 | Zainab Calcuttawala

In 2017, American gasoline consumption fell for the first time in five years, according to a new report by Bloomberg. While it was a fall, the fall was quite…

Oklahoma Bolsters Earthquake Protocol For Frackers

Mar 01, 2018 at 13:37 | Tsvetana Paraskova

Oklahoma has witnessed a surge in earthquakes over the past decade. Regulators and scientists largely agree that the higher seismic activity is associated with the injection of wastewater from oil…

The Aviation Industry Is Backing Biofuels

Feb 28, 2018 at 16:50 | Irina Slav

The International Air Transport Association has set an ambitious goal for its members: transporting a billion passengers on flights using biofuel by 2025. The goal is a demonstration of…

Kurdish-Iraqi Deal Could Restore Oil Production

Feb 28, 2018 at 14:21 | Nick Cunningham

Iraq’s oil production could begin to rise after a tentative deal was agreed to by the Kurdish Regional Government and the central government in Baghdad. The two sides reached an…

Investors Demand A Payday: Do Shale Companies Agree?

Feb 28, 2018 at 13:36 | Lindsay Redifer

While the oil boom continues into 2018, investors who got into shale in time for the jump are anxious about their future payout – a payout that doesn’t seem to…

Trump’s Gas Tax Hike Could Make Californian Fuel Cheaper

Feb 27, 2018 at 17:00 | Irina Slav

No one likes to hear news about higher taxes. Californians got just that kind of news last year, when Governor Jerry Brown signed a 40-percent increase in the state gas…

Is Centrica’s Business Model Sustainable?

Feb 27, 2018 at 14:11 | Leonard Hyman & William Tilles

The UK’s biggest energy retailer, Centrica had another bad year. Earnings and operating profits declined. And since 2015 Centrica’s share price has almost halved. So, what is the problem? Selling…

OPEC Looks To Dial Back Production Cuts

Feb 27, 2018 at 13:06 | Tom Kool

Last week’s surprise drawdown in crude inventories may be the last for a while, as analysts are expecting a reversal in stocks this week.

Crucial U.S. Pipeline In Legal Limbo

Feb 27, 2018 at 11:50 | Nick Cunningham

A federal judge halted construction on the Bayou Bridge pipeline in Louisiana, holding up the last missing puzzle piece in a pipeline network that stretches from North Dakota to the…

U.S. Investors Look To Buy Controversial Rosneft Stake In Citgo

Feb 27, 2018 at 09:33 | Irina Slav

A group of U.S. investors is looking to buy the almost 50-percent interest currently held by Russian Rosneft in refiner Citgo, the U.S. unit of troubled PDVSA. The acquisition plan,…

Is $65 The Ceiling For WTI?

Feb 26, 2018 at 16:56 | Arthur Berman

The oil price rally that began a year ago is at a crossroad. In February, WTI futures fell from a 3-year high of more than $66 to less than $60…

Oil Majors: New Tech Will Save The Industry

Feb 26, 2018 at 16:01 | Irina Slav

Oil and gas is not a sunset industry, and low oil prices are not such bad news at all, BP’s chief of upstream operations, Bernard Looney, said recently. Although…

U.S. Biofuels Policy Overhaul Faces Major Challenges

Feb 26, 2018 at 13:40 | Tsvetana Paraskova

U.S. President Donald Trump has called a meeting to discuss possible amendments to the Renewable Fuel Standard (RFS) as the powerful oil and corn lobbies continue to clash over biofuels…

Crashing Cushing Inventories Boost Oil Prices

Feb 23, 2018 at 16:54 | Nick Cunningham

Oil prices jumped on Thursday after the EIA reported a surprise drawdown in crude oil inventories, ending several consecutive weeks of inventory builds. The report was the most bullish in…

How The Fed Could Hammer Oil Producers

Feb 23, 2018 at 16:50 | Kent Moors

The bond market is about to enter a phase we haven’t seen in over 70 years… A rising interest rate cycle. A trend that has only been accentuated by the…

Is The Lithium Bubble Set To Pop?

Feb 23, 2018 at 16:42 | Metal Miner

A while back I was called by a journalist at a prominent paper and asked what I thought about the lithium market. Was it another rare earth metals story –…

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