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Russia's Seaborne Oil Exports Plunge

Russia's Seaborne Oil Exports Plunge

Russia’s crude oil exports have plunged to…

Utilities Must Adapt, Not Just Respond To Extreme Weather

Utilities Must Adapt, Not Just Respond To Extreme Weather

Following hurricane Beryl, utility Centerpoint…

Energy / Energy-General

VW Scandal Bad News For Diesel

Sep 23, 2015 at 16:23 | Tom Kool

The outlook for diesel looks grim after U.S. regulators found that the world’s second biggest car manufacturer cheated on its emission tests. Last Friday, the U.S.…

Canadian Oil Trapped Without More Pipeline Capacity

Sep 23, 2015 at 16:02 | Nick Cunningham

Adding insult to injury for Canada’s oil industry, Democratic Presidential candidate Hillary Clinton came out against the Keystone XL Pipeline on…

Colorado Court Will Decide Fate Of Local Fracking Bans

Sep 23, 2015 at 10:50 | Charles Kennedy

The battle over local bans on hydraulic fracturing is heating up in Colorado. The state Supreme Court decided on September 21 to hear a case…

Oil Prices Inch Up Over U.S Stockpile Draw

Sep 23, 2015 at 10:34 | Matt Smith

After a quiet first few days of the week on the data front, Wednesday has roared in like a lion, bringing preliminary global manufacturing numbers with…

Is This The Next Great Threat To The Oil Industry?

Sep 22, 2015 at 16:32 | Gaurav Agnihotri

Plastic is used throughout the world in applications such as packaging, piping materials, toys, furniture, construction and automobiles. Mostly derived from petrochemicals, plastic is relatively cheap…

There Are 800 Fossil Fuel Subsidies Around The World

Sep 22, 2015 at 15:51 | Nick Cunningham

There are 800 different programs around the world that subsidize fossil fuels, according to a new report from the OECD. The OECD released the report…

The Best Presidential Candidate For Nuclear Power?

Sep 22, 2015 at 15:33 | Michael McDonald

The presidential campaigning is starting to heat up with Republicans having held their second debate recently, and Democrats looking to solidify around a single candidate. While…

Midweek Sector Update: Iran Holding Up Its End Of The Bargain, So Far

Sep 22, 2015 at 14:16 | Evan Kelly

The International Atomic Energy Agency (IAEA) says that Iran is on track with its obligations under the landmark nuclear agreement reached in July. The head of the IAEA, Yukiya…

Uncertainty About Asian Markets Keeps Oil Prices Down

Sep 22, 2015 at 10:38 | Matt Smith

Forty-six years to the day after Willie Mays hit his 600th home run, and the crude complex is striking out after yesterday’s winning performance; crude prices…

“Walking” Oil Rigs Can Make Drilling Faster, Cheaper, Safer

Sep 21, 2015 at 16:37 | Andrew Topf

The current malaise in the oil industry has placed a renewed emphasis on measures to cut costs, as producers struggle with the realities of sub $50-a-barrel oil. One of the…

Russian Oil Industry Braces For Tax Hike

Sep 21, 2015 at 14:30 | Charles Kennedy

The Russian government is moving to plug a whole in its budget by raising more revenue from its oil and gas industry. According to Reuters,…

Oil Prices Gain On Higher Investor Confidence In Tightening Markets

Sep 21, 2015 at 11:11 | Matt Smith

Despite a quiet start to the week on the economic data front – while Japan is closed for three days due to national holidays – there…

Can The Saudi Economy Resist ‘Much Lower For Much Longer’?

Sep 18, 2015 at 16:31 | Dalan McEndree

We must all hang together, or assuredly we shall all hang separately. - Benjamin Franklin, at the signing of the U.S. Declaration…

Oil Companies Running Out Of Options

Sep 18, 2015 at 16:09 | Nick Cunningham

The financial pressure on indebted oil and gas companies continues to mount, putting them in a bind as they try to mend their deteriorating balance sheets.…

$50 Oil For 15 Years – Can Anyone Take Goldman Seriously Anymore?

Sep 18, 2015 at 15:03 | Evan Kelly

The Federal Reserve decided to leave interest rates unchanged, a move that had become increasingly expected as the Fed meeting drew closer, due to low inflation and concerns over instability…

China Keeps Oil Prices From Falling As It Fills Its Strategic Reserves

Sep 18, 2015 at 10:11 | Matt Smith

With a lack of overnight economic data to consume, we are left to reflect on yesterday’s Federal Reserve decision to keep interest rates at 0.25%. While…

This Is What Needs To Happen For Oil Prices To Stabilize

Sep 17, 2015 at 16:37 | Dan Doyle

On September 10th the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 percent…

Fed Defers Rate Hike, But Oil Fundamentals Don’t Matter Anyway

Sep 17, 2015 at 15:53 | Leonard Brecken

I have long maintained that various distortions of fundamental data by the media and analysts are partly to blame for why oil prices are de-coupled from…

Low Oil Prices Force Saudis To Re-Shape Domestic Energy Policies

Sep 17, 2015 at 11:29 | Matt Smith

Seventy-six years to the day after Ol’ Blue Eyes recorded ‘All or Nothing At All‘, and the Federal Reserve finds itself in a similar predicament. For…

To Hike Or Not To Hike, Anxious Oil Industry Awaits Fed’s Decisions

Sep 16, 2015 at 15:31 | Nick Cunningham

The Federal Reserve could raise interest rates as soon as this week, as its governors meet to discuss monetary conditions. The decision could have an enormous…

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