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Could The EV Boom Help Alleviate The Unemployment Crisis?

Could The EV Boom Help Alleviate The Unemployment Crisis?

The electric vehicle revolution is…

Bearish EIA Inventory Report Sends Oil Prices Lower

Bearish EIA Inventory Report Sends Oil Prices Lower

Crude oil prices fell further…

U.S. Rig Count Increases As Oil Rally Takes A Breather

U.S. Rig Count Increases As Oil Rally Takes A Breather

Baker Hughes reported on Friday…

Energy

Chevron Could Be Key To Rebuilding Venezuela’s Oil Industry

Jan 26, 2021 at 09:21 | Matthew Smith

Despite outside assistance from Russia, China and Iran, the embattled socialist regime of President Maduro has proven incapable of rebuilding Venezuela’s once-mighty petroleum industry. According to the latest…

Saudi Arabia Is On The Brink Of Losing Control Of Oil Markets

Jan 25, 2021 at 17:04 | Irina Slav

When earlier this month Saudi Arabia served “a wonderful surprise” to oil markets in the words of its energy minister, oil prices jumped up. After all, the Kingdom said it…

Shell Buys UK’s Top EV Charging Network

Jan 25, 2021 at 16:57 | Tsvetana Paraskova

Shell is buying ubitricity, the European provider of on-street charging for electric vehicles (EVs) that has the largest public EV charging network in the UK, the supermajor said on…

The 5 Best Utility Stocks In 2021

Jan 25, 2021 at 16:28 | Alex Kimani

The average U.S. investor has been giving the energy sector a wide berth over the past half a decade due to perennial underperformance. Indeed, the energy sector has been a…

The Surprising Rise And Fall Of A Shale Superstar

Jan 25, 2021 at 15:51 | Haley Zaremba

In many ways, the roller-coaster-like trajectory of Vicki Hollub’s shale CEO career is emblematic of the boom-and-bust, spectacularly dramatic history of the West Texas Permian basin as a…

An Oil Boom Hidden Within One Of America’s Biggest Cities

Jan 25, 2021 at 15:04 | Felicity Bradstock

When you think of giant oil fields you probably conjure up an image of vast areas of land or sea suitable for digging. However, Los Angeles demonstrates that…

U.S. Shale Industry Accelerates As Oil Prices Rise

Jan 25, 2021 at 13:25 | Rystad Energy

The number of drilled but uncompleted wells (DUCs) that accumulated at the height of the pandemic has already subsided to pre-Covid-19 levels in the US, a Rystad Energy analysis shows.…

Why Gazprom Cut Gas Supply To Europe Amid Rising Prices

Jan 25, 2021 at 12:50 | Tatiana Serova

Soaring natural gas prices in European markets could be seen as a boon for Russian giant Gazprom to increase its gas exports towards the Old Continent. But instead, somewhat surprising,…

All Eyes Are On This Crucial Pipeline After KeystoneXL Got Axed

Jan 25, 2021 at 11:56 | Tsvetana Paraskova

The Trans Mountain expansion project has just become the most important oil pipeline project in Canada after U.S. President Joe Biden stopped the U.S.-Canada cross-border link Keystone XL. The expansion…

Barclays: WTI To Average $52 In 2021

Jan 25, 2021 at 11:02 | Tsvetana Paraskova

Barclays expects the U.S. oil benchmark, WTI Crude, to average $52 per barrel in 2021, raising its outlook by $2 a barrel due to a weaker U.S. dollar and…

Oil Major BP Significantly Downsizes Oil Exploration Division

Jan 25, 2021 at 10:01 | Tsvetana Paraskova

As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas exploration division…

Iraq Slashes Oil Output To Compensate For Overproduction

Jan 25, 2021 at 09:05 | Irina Slav

Iraq will pump less oil this month and next to make up for excess production last year, the deputy chief of SOMO, the oil marketing company of Baghdad. For both…

Oil Majors Poised To Make Biggest Geothermal Investments In 30 Years

Jan 22, 2021 at 17:26 | Alex Kimani

The green energy revolution is well and truly underway. Renewables have proven to be highly resilient, emerging as the only energy sector to record any kind of growth…

Biden's Green Energy Boom Could Send These Electric Vehicle Stocks Soaring

Jan 22, 2021 at 17:05 | Chloe Mole

Elon Musk is now the richest person in the world--richer than Bezos. And Tesla (NASDAQ:TSLA) has gained over 700% in a year, while Chinese Nio (NYSE:NIO) has soared over 1,300%…

Egypt Looks To Resume LNG Exports As Prices Rise

Jan 22, 2021 at 16:58 | Viktor Katona

Egypt’s 2015 discovery of the supergiant Zohr gas field was supposed to propel the North African country into the Eastern Mediterranean limelight. Within less than 3 years Egypt…

Goldman Sachs: Biden’s Federal Land Drilling Ban Is Bullish For Oil

Jan 22, 2021 at 16:58 | ZeroHedge

Oil stocks tumbled following yesterday's one-two punch of Biden energy news, when first we learned that the Interior Department enacted a 60-day moratorium on issuing oil and gas…

How Hydrogen Could Power The Ultimate Battery

Jan 22, 2021 at 16:54 | Irina Slav

Hydrogen as a fuel of the future is the talk of the town in energy markets. Pros and cons of green versus blue hydrogen, capacity building plans, new…

The One Big Problem With A Central Asian Energy Corridor

Jan 22, 2021 at 16:52 | Alan Mammoser

In Moscow last week, President Vladimir Putin hosted the prime minister of Armenia and the president of Azerbaijan. It was the first meeting of the three leaders since…

Will Venezuela Go To War Over Oil?

Jan 22, 2021 at 16:06 | Viktor Katona

January 2021 is still far from over yet the pages of Oilprice already boast 6 articles about Guyana being the hottest drilling spot in the world. This is…

IHS Predicts A Record Year For Renewables In 2021

Jan 22, 2021 at 16:02 | Tsvetana Paraskova

Global renewable capacity additions defied COVID-19 to set new records in 2020, while global renewable energy output in the electricity sector jumped, unlike other energy sources. 

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