Citigroup Says 42% of Clients Have No Energy Transition Plan
Tidal energy represents a significant…
Texas pulled $8.5 billion from…
There can hardly be any doubt that President Trump is determined to make good on his campaign promises, which made the energy industry a top priority. After opening up more…
Saudi Arabia’s economy contracted by 1.03 percent over the second quarter of the year, after a 0.5-percent contraction in the first quarter. The pace of recession accelerated because of…
Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even…
Only 16 E&Ps are expected to grow production and keep spending within cash flow U.S. unconventional E&Ps often find themselves in a difficult position in the current environment. The environment…
In May Abu Dhabi Water and Electricity Authority (ADWEA) closed a project finance agreement for the 1.17-GW Noor Abu Dhabi, a project set to be the largest independent solar plant…
In July 2017 Djibouti secured $27m in funding from the Kuwait Development Fund for the development of the Gale-Le-Koma geothermal project in the Lake Assal region. The funding deal came…
Permian acreage positions don’t tell the whole story Companies continue to race into the Permian, jockeying for acreage and buying up increasing positions in the world’s most popular unconventional basin.…
Parts of the world with incredible wind energy potential have long been inaccessible to wind farms. But with the completion of the first offshore wind farm built to withstand ice-prone…
At the end of June the Electricity and Water Authority (EWA) closed its prequalification process for interested developers in the tender round for the Al Dur 2 Independent Water and…
In early August the Ministry of Energy, Mining and Sustainable Development (Ministère de l’Energie, des Mines et du Développement Durable, MEMDD) earmarked Dh2.3bn (€206.1m) for investments in solar power, to…
It was in the last several columns here at Oilprice premium that I positively laid down my timeline for recovering oil markets. In Late August I noted to you that…
In many ways, trading is all about reconciling conflicting information and signals. As I regularly point out to anyone that will listen, if there weren’t compelling reasons to do the…
Friday September 29, 2016 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…
Tensions in the Middle East have soared after 92 percent of Iraqi Kurds voted in favor of independence in Sunday’s referendum. The referendum has been slammed as unconstitutional by Baghdad,…
U.S. West Texas Intermediate and international-benchmark Brent crude oil are on pace to post another weekly gain although Brent is looking a little shaky on the daily chart. WTI crude…
Last Friday we argued that the rally in WTI and Brent looked overstretched from technical and positioning viewpoints. This week obviously didn’t serve our viewpoint as geopolitical tensions in Iraq…
This week’s oil and gas bull market has seen a handful of oil-weighted stocks moving in lockstep with WTI crude prices, so if you’re looking for a place to hedge…
The recent spike in oil prices has given way to all sorts of questions: Is $80 oil possible? Is this the end for low oil prices? Can OPEC control the oil…
Tight gas production techniques perfected in the U.S. expected to deliver 1 Bcf/day to Sultanate of Oman; two-phase project targets 10.5 Tcf of natural gas — BP holds 60 percent…
The number of active oil and gas rigs in the United States rose this week by 5 rigs. The total oil and gas rig count in the United States now…