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Energy

U.S. Shale Producers Just Won Their Biggest Legal Case In Years

Jun 23, 2016 at 09:58 | Dave Forest

Fracking is once again becoming a hot topic in the oil and gas world., with Germany moving Tuesday to impose an indefinite ban on the…

The Oil Glut Is Over, Says World’s Most Powerful Oil Man

Jun 22, 2016 at 17:21 | Charles Kennedy

Newly appointed Saudi Oil Minister Khalid Al-Falih declared the oil glut over during a visit to Saudi Aramco facilities in Houston, Texas, today. Speaking to the Houston Chronicle about the oil…

Shell’s Ambitious Plan To Topple Exxon

Jun 22, 2016 at 17:17 | Rakesh Upadhyay

Ben Van Beurden, Chief Executive Officer of Royal Dutch Shell has laid out an ambitious plan to overtake ExxonMobil as the number one oil company in…

Google And Uber Threatening Car Industry Giants

Jun 22, 2016 at 16:16 | Michael McDonald

Rarely has there been an industry as stable as the car industry. Except for design modifications, the basics of the automobile as a product haven’t changed…

NASA May Have Just Transformed Aviation With 100% Electric Plane

Jun 22, 2016 at 16:05 | Irina Slav

The price of humankind taking to the air has been high. Many see aviation as a major culprit for climate change, and for a good…

Musk May Have Gone Too Far With His SolarCity Buyout

Jun 22, 2016 at 15:36 | Michael McDonald

Tesla is proposing to buy SolarCity for a price of between $26.50 and $28.50 per share, which represents a 21 percent to 30 percent…

Could Peak Coal Really Be Here?

Jun 22, 2016 at 14:28 | Gail Tverberg

The world’s coal resources are clearly huge. How could China, or the world in total, reach peak coal in a timeframe that makes a difference? If…

Israel Looking Into Building An Offshore Port For Gaza

Jun 22, 2016 at 14:12 | Irina Slav

Necessity is the mother of invention, as Israel’s Transportation Minister Yisrael Katz has recently demonstrated, pushing forward with his idea for a detachable offshore port…

EIA Reports Another 900,000 Barrel Draw On US Crude Stockpiles

Jun 22, 2016 at 12:29 | Charles Kennedy

Oil prices pushed up closer to $50 today ahead of the U.S. Energy Information Administration’s (EIA) release of crude inventory data, but were trading slightly lower after the official…

Oil Market Swings Ahead Of EIA Inventory Report

Jun 22, 2016 at 10:44 | Matt Smith

The frenetic price swings continue in the oil market today, with oil prices push higher ahead of the EIA’s weekly inventory report, further buoyed by dollar…

Kenya Aims To Kick Start Its Mineral Exploration With This Data Give Away

Jun 22, 2016 at 10:32 | Dave Forest

A little government aid can go a long way in creating exploration success. As has been witnessed in places like Australia and Canada — where publicly-funded…

Tesla Looks To Buyout Solar City For $2.8 Billion

Jun 22, 2016 at 09:48 | Lincoln Brown

Elon Musk has offered Solar City a $2.8 billion purchase proposal in a stock deal that would unite the company with Tesla Motors. Musk started…

Move Over Oil – Lithium Is The Future Of Transportation

Jun 21, 2016 at 17:21 | Simon Harlow

Just a few years ago, we would have scoffed at the idea that electric vehicles could be mainstream anytime soon, or that the global appetite for lithium-ion batteries and mass…

Get Ready For $80 Oil

Jun 21, 2016 at 16:05 | Michael McDonald

Oil is only just beginning to regain some of the ground that it has lost over the last few years, but already some analysts are looking for much higher prices.

$1 Trillion In Spending Cuts Could Lead To An Oil Price Spike

Jun 21, 2016 at 15:33 | Nick Cunningham

Are today’s spending cuts setting the global oil market up for a supply crunch in a few years? An oil supply deficit may be hard to…

Oil-Dependent African Countries Desperate To Find New Markets

Jun 21, 2016 at 15:22 | Irina Slav

Oil has been truly black gold for countries such as Nigeria and Angola—Africa’s top oil exporters. It has sustained their economies, accounting for over 90 percent…

Renewables Revolution Reaching New Heights In 2016

Jun 21, 2016 at 15:13 | Global Risk Insights

The global oil price slump has dominated the news for months, as exporting nations and energy companies worry about losses. Low prices are affecting both established…

Oil Markets Are Balanced But Bracing For Brexit

Jun 21, 2016 at 14:04 | Evan Kelly

This week’s key data from the oil and gas industry shows that fears of a Brexit continue to weigh on oil, as the dollar strengthens due to market uncertainty. We…

Saudi Oil Exports Reach Six-Month Low

Jun 21, 2016 at 13:36 | Erwin Cifuentes

Oil exports from Saudi Arabia tumbled to their lowest point in six months according to the latest Joint Organizations Data Initiative (JODI) published on 20 June…

Oil Retraces Amid Broader Market Volatility

Jun 21, 2016 at 10:42 | Matt Smith

Once again, the oil market is being whipsawed around by currency swings under the influence of Brexit sentiment. Amid dollar strength, Nigerian truce hopes, and some…

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