Iran is playing down the…
A rarely used technique called…
Oil prices sank on Thursday following fresh data showing oil and product stocks rising to an all-time high. The EIA released its weekly data on…
Three export terminals on Russia’s Arctic coast shipped an average of 230,000 barrels of crude in the second quarter of 2016. This figure is almost equal…
A common complaint about technological progress over the last few decades is summed up in the phrase “we were promised flying cars and got 140 characters”. There is…
Argentina has exceptional hydrocarbon reserves, but politics has greatly affected its development. The economy in Argentina is best described as a “pendulum”, going from loose economic…
Every day in 2015, the United States spent $991 million on petroleum consumption, the lowest daily total since 2008. Consumption levels in the U.S. have decreased…
After a mixed bag of economic data, crude is charging lower, with a hangover from yesterday’s inventory report and on ongoing concerns of bloated inventories. Hark, here are…
With the Republican National Convention wrapping up this week, Republican presidential candidate Donald Trump is considering nominating one notable fracking CEO to become his Secretary of Energy if…
It’s out. The second part of Elon Musk’s Top Secret Master Plan has been published on the Tesla website. The much-awaited document gave rise to a…
A key Norwegian pension fund that helps power investment into the national oil sector has allegedly earned at least US$148 million (NOK1 billion) from the global Pokémon Go…
The world’s second largest private oil company sees a new future, and it’s not in oil. Shell has made a concerted effort to shift the bulk of its business…
The race for the Moon is on. Nobody is really sure exactly what resources are located on the Moon, or how vast they are, but a growing number…
Investors getting cold feet about the spiking price of Big Oil stocks over the last year may risk missing out on further gains, according to…
With the Republican National Convention set to wrap up on Thursday, and the Democratic National Convention getting ready to kick off in Philadelphia next week, one prominent oil…
Crude prices have reversed losses post-inventory report, despite a bearish build to gasoline stocks. As crude tries to clamber away from key technical support, hark, here are five…
The energy economics picture is starting to diverge across the sector. Some of the more efficient oil producers, especially onshore frackers, are slightly profitable at current oil prices.…
Halliburton reported its second quarter earnings on Wednesday, revealing a huge loss of $3.21 billion, or $3.73 per share. That compares to net income of $54 million…
Commercial crude oil stockpiles in the U.S. fell by 2.3 million barrels in the week to July 15, the Energy Information Administration reported. This is a rare…
The Republican National Convention is underway and the Democrats will host their version next week. While countless articles have been written about the differences between the…
What killed the dinosaurs? It’s a question as old as – well the dinosaurs themselves, and one that everyone from school children to scientists have been asking for…
The global bitumen market is forecast to grow at a Compound Annual Growth Rate (CAGR) of four percent between 2015 to 2020, and the world’s largest…