Trump's two primary campaign promises,…
Tohoku University researchers have developed…
Citigroup has said that U.S. shale will prevail over OPEC because of its higher resilience to low prices and OPEC’s losing strategy of cutting output and losing revenues and market…
One of the key objectives for OPEC is to bring down inventories, a goal that has been elusive this year. But if the oil futures curve is anything to go…
U.S. shale is poised to outlast OPEC. It has long been the suspicion of many oil market analysts that the U.S. shale industry was likely too nimble for OPEC to…
In response to Pyongyang’s latest nuclear missile tests, the world is stepping up sanctions on North Korea with bans on its mining, manufacturing, and seafood exports. The latest round of…
Oil prices remain in a game of tug of war as conflicting news sends both the bears and the bulls to the sidelines. (Click to…
The Zueitina oil terminal in Libya has ceased loading cargos as port workers protest, demanding better working conditions, Bloomberg quoted the head of the workers’ union Merhi Abridan as…
The Saudi Finance Minister has announced an annual decline in the budget deficit for the first half of the year thanks to higher oil prices in the period. At…
When Petronas announced the cancellation of its biggest investment abroad, its US$28-billion Pacific NorthWest LNG project, the news sounded an alarm for the LNG industry, which is already plagued…
The EIA reported today that the U.S.’s expenditures for delivered energy totaled $1.127 trillion, or 6.2 percent of the nation’s GDP, in 2015—the lowest since 2004. The decrease was approximately…
Electricity producers and distributors are in an unusual business. The product they provide is available to all customers instantaneously, literally at the flip of a switch. But the large amount…
For many investors, the word “trading” is a scary one. It conjures up images of somebody hunched over a keyboard for hours on end, with a huge bank of screens…
Friday August 11, 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…
Uganda and Tanzania have agreed to start the construction of a $3.55-billion pipeline that will carry crude from Uganda’s Hoima province to the Tanzanian coast and from there to international…
Crude oil, unleaded gasoline and natural gas posted mixed results this week as volatility returned to the markets. Crude and gasoline were under pressure, while natural gas was set to…
The EIA reported another strong week of inventory declines in its most recent data release, revealing a drawdown of 6.5 million barrels for the week ending on August 4.…
CEO Elon Musk and other Tesla executives have gone on a road trip this week to raise $1.5 billion in high-yield junk-rated bonds. As of Monday, Musk was able…
Oil investors have grown more optimistic as of late, as oil prices have moved back to $50 per barrel. The market appears to be on sounder footing, suggesting that things…
Western Europe’s biggest oil and gas producer, Norway, is also one of the countries that is most self-congratulatory on its climate action, electric cars sales, and green policies. One of…
The rise of electric vehicles and the quest to find solutions to energy storage for the renewables industry have created a breeding ground for tech experts to develop battery technologies.…
Having battled through the travails of an ever-tightening sanctions regime and a prolonged economic downturn, which in most cases led to a freezing up or lowering of expenditures and the…