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Energy Majors Face Off To Get A Piece Of This $40 Billion Deal

Energy Majors Face Off To Get A Piece Of This $40 Billion Deal

International energy companies are descending…

Is This The Best Dividend Stock In Oil & Gas?

Is This The Best Dividend Stock In Oil & Gas?

Supermajors have had a tough…

Oil Ticks Higher In Bear Market

Oil Ticks Higher In Bear Market

Oil prices rose earlier this…

Energy

Saudi Aramco Says It's Ready For Strait Of Hormuz Disruption

Saudi Aramco Says It's Ready For Strait Of Hormuz Disruption

Jun 25, 2019 at 11:02 | Irina Slav

Aramco is ready to continue shipping crude oil even if maritime transport through the Strait of Hormuz is disrupted, its chief executive told Bloomberg in an interview. “We are…

Shale Pioneer: Fracking Is An “Unmitigated Disaster”

Shale Pioneer: Fracking Is An “Unmitigated Disaster”

Jun 24, 2019 at 17:38 | Nick Cunningham

Fracking has been an “unmitigated disaster” for shale companies themselves, according to a prominent former shale executive. “The shale gas revolution has frankly been an unmitigated disaster for any buy-and-hold…

Trump Imposes “Hard-Hitting Sanctions” On Iran’s Supreme Leader

Trump Imposes “Hard-Hitting Sanctions” On Iran’s Supreme Leader

Jun 24, 2019 at 17:29 | Julianne Geiger

The United States has levied new sanctions on Iran today in an effort to further squeeze the regime into compliance over the controversial nuclear deal and stave…

Philadelphia Refinery Explosion To Boost Gasoline Prices

Philadelphia Refinery Explosion To Boost Gasoline Prices

Jun 24, 2019 at 17:00 | Nick Cunningham

South Philadelphia was rocked by a massive refinery explosion on Friday, with fire and smoke billowing into the air. The images were horrific. PHILADELPHIA REFINERY…

The Irony of California’s Oil Dependence

The Irony of California’s Oil Dependence

Jun 24, 2019 at 15:58 | Irina Slav

California has become notorious for its war on fossil fuels, which has made the state the largest electric vehicle market in the United States if not the largest producer of…

The LNG Shipping Market Is Set For A Bull Run

The LNG Shipping Market Is Set For A Bull Run

Jun 24, 2019 at 14:10 | Tsvetana Paraskova

Both demand and supply of liquefied natural gas (LNG) are expected to grow in the foreseeable future as many emerging markets turn to cleaner-burning fuel in their energy mix and…

China Launches World’s First Smart Oil Tanker

China Launches World’s First Smart Oil Tanker

Jun 24, 2019 at 13:15 | Irina Slav

China unveiled the world’s first intelligent Very Large Crude Carrier, which will have a capacity of more than 2.257 million barrels, China News Service reports, adding that the vessel,…

Trump: We Won’t Protect Foreign Oil Tankers For Free

Trump: We Won’t Protect Foreign Oil Tankers For Free

Jun 24, 2019 at 11:59 | Tsvetana Paraskova

Countries that get their crude oil via the shipping routes in the Middle East should protect their own ships along the lanes, U.S. President Donald Trump said on Monday, as…

The Big Unknown In OPEC’s New Deal

The Big Unknown In OPEC’s New Deal

Jun 24, 2019 at 10:54 | Tsvetana Paraskova

It’s too early to say if OPEC and its Russia-led non-OPEC allies will extend next week their pact to cut oil production through the end of the year, Russia’s Energy…

Hedge Funds Halt Selloff In Oil As Mid-East Tensions Spike

Hedge Funds Halt Selloff In Oil As Mid-East Tensions Spike

Jun 24, 2019 at 09:32 | Tsvetana Paraskova

Hedge funds essentially stopped the sell-off in oil futures contracts last week as the rising tension between the United States and Iran overtook fears of a global economic slowdown. According…

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