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Oil Bulls Undaunted By OPEC Fears

Oil Bulls Undaunted By OPEC Fears

Fears of OPEC+ abandoning its…

Energy

Exxon Makes Another Discovery In This New Oil Hotspot

Exxon Makes Another Discovery In This New Oil Hotspot

Apr 19, 2019 at 09:05 | Tsvetana Paraskova

ExxonMobil has made its 13th oil discovery in the newest hotspot offshore South America, Guyana, striking oil at the Yellowtail well, which adds to…

The Undeniable Signs Of A Shale Slowdown

The Undeniable Signs Of A Shale Slowdown

Apr 18, 2019 at 17:46 | Nick Cunningham

The world’s largest oilfield services company said its earnings were hit in the first quarter because of a slowdown in shale drilling activity. “First-quarter revenue of $7.9 billion declined 4%…

Can Big Oil Win Back The Younger Generations?

Can Big Oil Win Back The Younger Generations?

Apr 18, 2019 at 17:39 | Irina Slav

A recent Bloomberg headline must have made many who saw it wonder if it’s April’s Fools Day for the second time this year. The headline said Namaste, Oil Drillers:…

Huge Interest In Oil & Gas Defies This ‘Millenial’ Investment Trend

Huge Interest In Oil & Gas Defies This ‘Millenial’ Investment Trend

Apr 18, 2019 at 16:39 | Alex Kimani

In recent years, many investors, younger ones in particular, have shown a growing interest in putting their money where their values are. Consequently, brokerage firms and mutual funds have created…

U.S. Greenlights Two Major LNG Export Projects

U.S. Greenlights Two Major LNG Export Projects

Apr 18, 2019 at 14:18 | Tsvetana Paraskova

The U.S. Federal Energy Regulatory Commission (FERC) approved on Thursday two liquefied natural gas (LNG) projects that will add to the growing U.S. export capacity of the super-chilled fuel.…

Why Elon Musk Is Wrong About Hydrogen

Why Elon Musk Is Wrong About Hydrogen

Apr 18, 2019 at 13:46 | Jon LeSage

Elon Musk was right about one thing: electric passenger cars will be beating hydrogen fuel cell cars.                          …

Sharp Drop In U.S. Rig Count Marks First Yearly Loss Since 2016

Sharp Drop In U.S. Rig Count Marks First Yearly Loss Since 2016

Apr 18, 2019 at 12:57 | Julianne Geiger

The the number of active oil and gas rigs fell sharply in the United States this week according to Baker Hughes, bringing the overall rig count below year-ago levels in…

China’s Newest Oil Hotspot Is In America’s Backyard

China’s Newest Oil Hotspot Is In America’s Backyard

Apr 18, 2019 at 11:54 | Tim Daiss

Chinese state-run news agency Xinhua  said on Tuesday that an affiliate of Chinese oil major CNPC, Great Wall Drilling, was drilling for oil off Cuba’s coast as part of…

Artificial Intelligence Could Solve Nuclear Fusion's Biggest Problem

Artificial Intelligence Could Solve Nuclear Fusion's Biggest Problem

Apr 18, 2019 at 10:37 | Irina Slav

The predictive powers of artificial intelligence could help scientists bring nuclear fusion closer to actually working, researchers from Princeton and Harvard working with the Department of Energy hope. The team,…

Key Oil Demand Driver Set For Boost Later This Year

Key Oil Demand Driver Set For Boost Later This Year

Apr 18, 2019 at 09:18 | Tsvetana Paraskova

The oil price rally so far this year was as much a result of tightening supply as it was a sign of oil demand growth holding resilient and defying doom-and-gloom…

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