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Energy / Energy-General

U.S. Rig Count Rises As Oil Holds Firm

Jan 26, 2018 at 12:27 | Julianne Geiger

The number of active oil and gas rigs rose this week, according to Baker Hughes data, increasing by 11 total rigs. This brings the total number of oil and gas…

NYC Mayor Wants Big Oil Dead

Jan 26, 2018 at 11:17 | Irina Slav

New York City’s mayor Bill de Blasio threatened Big Oil with more lawsuits on the Bernie Sanders Show podcast, comparing the industry to the…

Saudi Oil Minister Tired Of Shale Hype

Jan 25, 2018 at 16:55 | Nick Cunningham

“I was not disputing the amazing revolution of shale . . .[but] in the overall global supply demand picture it’s not going to wreck the train,” al-Falih said, charging that the IEA…

An Unsolvable Natural Gas Dilemma

Jan 25, 2018 at 15:06 | Irina Slav

Natural gas isn’t the first thing that comes to mind at the mention of the Netherlands. Clean energy is a more likely association. And yet gas is at the center…

Is The Hyperloop Worth The Hype?

Jan 25, 2018 at 11:59 | Metal Miner

Silicon Valley and the modern-day entrepreneurs it has spawned cannot be accused of lacking blue sky thinking. Some of their ideas appear whacky and subsequently disappear from the news almost…

Oil And Gas Industry Plans Capex Hike

Jan 25, 2018 at 09:28 | Irina Slav

Confidence is returning to the oil and gas industry, with a majority of respondents in a DNV GL survey saying that they plan to increase capital expenditure this year.…

OPEC Moves Another Crucial Oil Market Metric

Jan 24, 2018 at 16:43 | Nick Cunningham

The OPEC agreement is starting to move the needle on one stubborn metric that had remained depressed since the market downturn began more than three years ago: investment in new…

Will Keystone XL Ever See The Light Of Day?

Jan 24, 2018 at 13:36 | Irina Slav

Earlier this month, TransCanada said it had secured 20-year commitments for a total 500,000 bpd for the notorious Keystone XL pipeline that should carry Albertan heavy crude to U.S.…

This World Class Gas Field Is About To Start Producing

Jan 24, 2018 at 11:51 | Viktor Katona

99 percent ready and poised to start this September. This is music to the ears of Azerbaijan, as well as to European technocrats intent on bringing Russia’s foothold in Europe…

Trump’s Solar Tariffs Won’t Kill the Industry

Jan 23, 2018 at 16:17 | Nick Cunningham

The Trump administration just struck a huge blow against the U.S. solar industry, slapping tariffs on imported panels that could drive up the cost of new projects. Higher costs could…

China Braces For Another Spike In Natural Gas Demand

Jan 23, 2018 at 15:29 | Tsvetana Paraskova

China’s push to have millions of households and thousands of industry users switch from coal to natural gas led to an unprecedented increase in natural gas demand and imports in…

OPEC Drives Oil Prices Back Up

Jan 23, 2018 at 12:06 | Tom Kool

The EIA is predicting that fossil fuel production in the United States will hit record levels in both 2018 and 2019, and as oil prices inch higher, Saudis look to…

Saudis Unmoved By Oil Price Surge

Jan 22, 2018 at 17:14 | Nick Cunningham

OPEC met over the weekend to monitor the collective production cuts and assess the status of the oil market, and the meeting was shrouded in rumor about the potential cracks…

Trump’s Offshore Drilling Plan Is A Slippery Slope

Jan 22, 2018 at 17:14 | Tsvetana Paraskova

The Trump Administration has offered to open more than 90 percent of the federal Outer Continental Shelf (OCS) for consideration of future exploration and development. The proposal is in…

China Looks To Increase Oil Imports

Jan 22, 2018 at 14:17 | Irina Slav

China may be producing less oil, but it is refining more, fresh statistical data from Beijing has revealed, suggesting that Asia’s biggest oil consumer will continue with its international upstream…

Justifying Blockchain’s Energy Usage

Jan 22, 2018 at 14:08 | Kurt Cobb

The near vertical rise and fall in price of the cryptocurrency Bitcoin in recent months has been accompanied by reporting about the energy used to run the Bitcoin network. The…

Bank Of America: EVs To Lead To Peak Oil Demand In 2030

Jan 22, 2018 at 11:55 | Tsvetana Paraskova

While various experts and industry players debate if there will be peak oil demand anytime soon, Bank of America Merrill Lynch thinks that it may be just 12 years away—in…

The World’s Most Innovative Gas Field

Jan 19, 2018 at 17:21 | Liubov Georges

Appalachian gas production has surged over eighty five percent (from 13,837 bcf/d to 26, 027 bcf/d) since 2014. The region has one the most productive and economic gas acreage in…

The UK May Renationalize Utilities

Jan 19, 2018 at 17:08 | Leonard Hyman & William Tilles

Back in the heady days of Thatcherism, the British government sold just about all its commercial assets: the banks, steel company, airline, ports, and utilities. Most of these assets had…

Momentum Matters: It’s Time To Ride The Wave

Jan 19, 2018 at 17:00 | Dan Dicker

I happened to have dinner this week with a very dear old friend from my days trading crude oil on the floor of the New York Mercantile Exchange. Ultimately, our…

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