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Energy / Energy-General

Oil Rallies On, Ignoring Saudi Production Claims

Aug 17, 2016 at 11:17 | Matt Smith

Today's weekly EIA inventory report has provided a very (very) welcome distraction from the production freeze jawboning. A solid draw to crude stocks, helped in large part by…

Oil Spikes After EIA Reports Significant Crude, Gasoline Draw

Aug 17, 2016 at 10:02 | Irina Slav

Oil prices began climbing shortly after the EIA published its weekly inventory report on Wednesday, which showed that crude oil inventories last week fell by 2.5 million…

Iran Undecided On Joining OPEC’s Production Meeting

Aug 16, 2016 at 16:27 | Lincoln Brown

Iran has not yet made a decision on whether or not it will join the OPEC meeting next month, and according to officials there, production levels have…

Venezuela’s Oil Crisis Is Opening Old Wounds With Colombia

Aug 16, 2016 at 16:21 | Zainab Calcuttawala

Last week, Venezuelans lined up at their westerly border to visit Colombia for just a few hours and buy the essential everyday supplies once offered to them at…

Why An OPEC Production Cap is Unlikely

Aug 16, 2016 at 16:13 | Global Risk Insights

Global oil markets have become volatile once more as the Organization of Petroleum Exporting Countries (OPEC) announced on August 8 that they will hold informal talks during the…

China’s Gas Ambitions Could Have A Huge Impact On Energy Markets

Aug 16, 2016 at 16:12 | Irina Slav

China has been working on developing its shale gas resources for a few years now, with mixed success, mainly because of the difficult geology. But times are a…

Deepwater Tech Companies Still Reeling From Low Oil Prices

Aug 16, 2016 at 15:30 | Michael McDonald

It has not been a pleasant couple of years for the vast majority of energy companies or their investors. But perhaps the hardest hit area of all has…

OPEC Rumors Continue To Pull Oil Prices Higher

Aug 16, 2016 at 14:28 | Evan Kelly

Oil prices hit one a month high on Monday thanks to speculation about potential producer curbs on supply and new data from market intelligence firm Genscape showing an estimated…

Oil Maintains Gains As Traders Remain Hopeful Of OPEC Action

Aug 16, 2016 at 10:55 | Matt Smith

After what feels like 23 days of rallying amid conflicting commentary from various key global producers about a potential production freeze, prices have hit the pause button today,…

EIA: Permian Production Should See An Increase In September

Aug 16, 2016 at 10:00 | Lincoln Brown

The Permian Basin, after suffering a downturn in production, is poised to rebound next month. That prediction comes from the U.S. Energy Information Administration’s Productivity Report. The…

Shale’s Efficiency Drive And The Coming Frac Sand Boom

Aug 15, 2016 at 16:35 | Irina Slav

Preoccupied with oil prices, API and EIA production reports and rig counts, most U.S. oil industry watchers miss one quiet segment of this industry that is actually thriving…

Opium Rules: Afghan Oil Will Never Get Out Of The Ground

Aug 15, 2016 at 16:25 | Zainab Calcuttawala

Afghanistan may have mouth-watering oil riches, but opium still rules this economy amid a lack of any real investment in getting oil and gas out of the ground.…

What The Fall Of OPEC Means For Global Oil Markets

Aug 15, 2016 at 16:09 | Oil & Gas 360

With OPEC out, is this what the new normal looks like for the oil and gas industry? Last Wednesday’s 1.1 million-barrel build in U.S. crude oil inventories drove…

Renewable Energy Storage Could Be Worth $90 Billion Per Year

Aug 15, 2016 at 15:56 | Metal Miner

Renewable energy technology has been split into two camps since it became a reality around the turn of the century. On the one hand there are the passionate…

Soaring OPEC Exports Can’t Keep Oil From Rallying

Aug 15, 2016 at 11:37 | Matt Smith

Oil is carrying on where it left off last week, rallying higher on the low likelihood event of a production freeze by key global producers. As rumors and…

Oil Sustains Rally As Russia Returns To OPEC Negotiating Table

Aug 15, 2016 at 10:05 | Irina Slav

Russia is still negotiating an oil production freeze with OPEC, and more specifically with the organization’s number-one producer Saudi Arabia, Energy Minister Alexandr Novak said, in an…

What Will You Do When The Lights Go Out? The Inevitable Failure Of The US Grid

Aug 12, 2016 at 17:27 | Julianne Geiger

Delta Airlines recently experienced what it called a power outage in its home base of Atlanta, Georgia, causing all the company’s computers to go offline—all of them. This…

Scientists Suggest Aliens Are Harnessing Energy From This Star

Aug 12, 2016 at 17:02 | Michael McDonald

Sometimes reality is stranger than fiction as the old adage goes. Scientists at Penn State studying a distant star called KIC 8462852 have released a new study…

Is This Finally A Real Energy Storage Breakthrough?

Aug 12, 2016 at 16:57 | Irina Slav

If you thought renewable energy was the big thing of our times, you’d be only partially right. The bigger thing is energy storage – the key to making…

The Key Challenge To Tesla’s Growth

Aug 12, 2016 at 16:49 | Michael McDonald

Tesla’s increasingly ambitious plans to rule not only the electric vehicle space but also the solar energy space are likely to become more difficult to achieve over the…

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