• 3 hours U.S. On Track To Unseat Saudi Arabia As No.2 Oil Producer In the World
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Two Changing Trends In Oil Shipping

Two Changing Trends In Oil Shipping

Both U.S. and Asian markets…

UAE Oil Minister: OPEC Deal Could Extend Beyond 2018

UAE Oil Minister: OPEC Deal Could Extend Beyond 2018

UAE Oil Minister al-Mazrouei has…

Energy / Energy-General

UK Smashes 13 Clean Energy Records In 2017

UK Smashes 13 Clean Energy Records In 2017

Dec 29, 2017 at 14:16 | City A.M

You might be feeling a bit blue about returning to work, but the year is closing on more of a green note. It was a record year for powering the…

GOP Tax Bill Is A Boon For Oil And Gas

GOP Tax Bill Is A Boon For Oil And Gas

Dec 29, 2017 at 14:11 | Todd Royal

A few days before Christmas, the U.S. House and Senate passed the most comprehensive tax reform plan since 1986. Upon signing the bill, President Donald Trump called it “an…

Oil Tops $60 At Close of Year

Oil Tops $60 At Close of Year

Dec 29, 2017 at 12:41 | Tom Kool

(Click to enlarge) (Click to enlarge) (Click to enlarge)

U.S. Rig Count Falls Slightly As Canada’s Rig Count Tanks

U.S. Rig Count Falls Slightly As Canada’s Rig Count Tanks

Dec 29, 2017 at 12:22 | Julianne Geiger

The number of active oil and gas rigs dipped this week, according to Baker Hughes data, decreasing by 2 rigs, bringing the total rigs to 929 rigs, which is…

There Aren’t Enough Truckers In Texas

There Aren’t Enough Truckers In Texas

Dec 28, 2017 at 10:57 | Tsvetana Paraskova

Permian’s production growth—the main driver of the second shale revolution as oil prices crept higher this year—may be limited not by geological or technological constraints, but by a shortage of…

Oil Price Volatility Crashes To Three-Year Low

Oil Price Volatility Crashes To Three-Year Low

Dec 28, 2017 at 10:56 | Nick Cunningham

Oil prices have jumped to multi-year highs at the same time that price volatility continues to plunge. Oil price volatility continues to dive, dropping to a three-year low as 2017…

What Drove WTI Above $60?

What Drove WTI Above $60?

Dec 27, 2017 at 12:15 | Nick Cunningham

WTI briefly broke above $60 per barrel on news that a pipeline in Libya exploded, knocking a sizable portion of supply offline. The oil pipeline carries crude oil to the…

Europe’s Largest Oil And Gas Producer Is Back On Its Feet

Europe’s Largest Oil And Gas Producer Is Back On Its Feet

Dec 27, 2017 at 12:11 | Irina Slav

Europe’s largest oil and gas producer, Norway, suffered its fair share of problems when oil prices tanked three years ago. Yet, helped by the cushion of its massive sovereign wealth…

Number Of EV Charging Points To Rise Significantly

Number Of EV Charging Points To Rise Significantly

Dec 27, 2017 at 11:36 | Jon LeSage

Gasoline stations outnumber electric vehicle charging stations by a wide margin in key global markets. That gap is expected to narrow with planned charger installations and significant growth in fast…

A New Era For Oil And Gas Majors

A New Era For Oil And Gas Majors

Dec 26, 2017 at 10:51 | Irina Slav

Two and a half years ago, analysts asked when Italy’s Eni would be able to start producing gas from the giant Zohr field offshore Egypt. The overwhelming majority said this…

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