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Energy / Energy-General

Robots Over Roughnecks: Next Drilling Boom Might Not Add Many Jobs

Jan 26, 2017 at 16:17 | Tsvetana Paraskova

The inevitable advance of technology and automation has upended industries such as car manufacturing and food processing. Now robotics is making its way into the oil fields by helping drilling…

Leaner and Meaner After The Crash, Oil Sands Industry Expands

Jan 26, 2017 at 14:45 | Irina Slav

This time last year, businesses operating in the oil sands of Alberta seemed pretty much done for. Canadian crude sold for less than US$20, and there was no chance of…

Airbus And Uber In The Race For Flying Cars

Jan 26, 2017 at 13:54 | Michael McDonald

France-based company Airbus is moving to the skies in a whole new way. As a leader in the airline industry, Airbus is constantly researching ways to differentiate themselves from their…

Permian To Be Only Shale Play That Sees Output Increase This Year

Jan 25, 2017 at 16:11 | Irina Slav

The Permian shale formation has been drawing a lot of attention recently, and it’s more likely than not to continue drawing even more in the immediate future, now that it…

The 6 U.S. States Most Impacted By The Oil Bust

Jan 25, 2017 at 14:26 | Tsvetana Paraskova

Despite the recovery of the U.S. oil patch in recent months, the crude oil price crash in 2015 and 2016 has hit the economies of the energy producing states. Six…

New EU Energy Strategy To Create Up To 900,000 Jobs

Jan 25, 2017 at 14:17 | Luis Colasante

On 30 November 2016, the European Commission officially released its “Clean Energy for All Europeans” package, also known as “Winter Package” i.e., moving the EU to meet its climate change…

Italian Olive Groves vs Multi-Billion Dollar Pipeline

Jan 25, 2017 at 13:26 | Eurasianet

The Trans-Adriatic Pipeline is a key element of Azerbaijan’s efforts to export its greatest source of wealth, its Caspian Sea natural gas deposits, to European markets. It is also a…

Crude Holds Steady After Significant Gasoline Build

Jan 25, 2017 at 12:28 | Matt Smith

Today's EIA report has left oil prices flat-footed, as crude inventories were in line with consensus, while a(nother) gargantuan build to gasoline stocks has not been enough to drag the…

Keystone XL Still Faces Obstacles Even With Trump’s Approval

Jan 25, 2017 at 10:47 | Nick Cunningham

President Donald Trump moved to fulfill one of his campaign promises on Tuesday, signing an executive order to revive the Keystone XL and Dakota Access Pipelines. The former had been…

Despite Trump’s Rhetoric: U.S. Needs OPEC Oil

Jan 24, 2017 at 17:32 | Tsvetana Paraskova

President Donald Trump is taking his ‘America First’ energy plan from the campaign trail to the White House website, vowing to achieve energy independence from OPEC and any nations…

Cash Strapped Iranian Oil Industry Braces For Trump Impact

Jan 24, 2017 at 14:44 | Irina Slav

Iran has been raising eyebrows with its unwavering determination to put its energy industry back on its feet since most Western sanctions against Tehran were lifted last year, and its…

Markets Buy The OPEC Cuts, But Fear U.S. Supply

Jan 24, 2017 at 13:07 | Evan Kelly

Oil prices remain flat as markets see the tremendous rig count rise in the U.S. as a strong cap on a noteworthy oil price recovery.

Saudis Warn Computer Virus That Hit Aramco In 2012 Has Returned

Jan 24, 2017 at 11:50 | Tsvetana Paraskova

Saudi Arabia has issued a warning to local organizations that the Shamoon virus that had hit state-held oil giant Saudi Aramco in 2012 has resurfaced in a new variant,

How Tillerson Could Fuel A Russian Arctic Drilling Boom

Jan 23, 2017 at 16:06 | Robert Berke

It’s now clear to nearly everyone that U.S. President Trump intends to seek warmer U.S. relations with Russia, while putting China and Iran relations in the deep freezer. Trump has…

Does Trump’s ‘America First’ Tax Plan Benefit Oil & Gas?

Jan 23, 2017 at 14:29 | Tsvetana Paraskova

U.S. President Donald Trump has plans to support domestic oil and gas industry, job creation and local manufacturing in his America First agenda. One proposed House Republican corporate tax reform,…

Oil Prices Fall In Spite Of Consensus At OPEC Monitoring Meeting

Jan 23, 2017 at 12:20 | Matt Smith

Crude is starting the week by charging lower, as supportive rhetoric from OPEC over the weekend has done little to allay fears of ongoing strong supply this year - especially…

Saudi Oil Minister Shrugs At U.S. Shale Recovery

Jan 20, 2017 at 17:53 | Tsvetana Paraskova

When OPEC decided not to cap output in 2014, flooding the market with oil, it was trying to drive higher-cost producers – most notably U.S. shale – out of profitability…

What A Trump Presidency Means For Canadian Oil

Jan 20, 2017 at 17:46 | David Yager

It is once again acceptable to be rich and successful. You are not a menace to the future of mankind. You are a key building block of the wealth, value…

Oil Price Rally Sees Large Jump In M&A Activity

Jan 20, 2017 at 17:42 | Irina Slav

A year ago, oil producers in the shale patch were the object of a kind of sympathy – barely alive, many of them on the verge of bankruptcy, some eventually…

Will Offshore Wind Continue To Grow Under Trump?

Jan 20, 2017 at 17:42 | Gregory Brew

While development of off-shore wind energy in the United States is still relatively small, interest has been growing as technology becomes more available and demand for renewable energy expands. Prospects…

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