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Energy

IEA Calls On Russia To Send More Natural Gas To Europe

Sep 22, 2021 at 10:58 | ZeroHedge

Over the weekend, Morgan Stanley's global energy head Martijn Rats shared a comprehensive yet streamlined analysis of what happened in 2021 that has sent many commodity prices, including Europe's natural…

Oil Prices Tick Lower After EIA Reports Crude Draw, Gasoline Build

Sep 22, 2021 at 09:41 | Irina Slav

Crude oil prices fell slightly after the Energy Information Administration reported yet another inventory draw, of 3.5 million barrels, for the week to September 17. This compared with a…

Conoco CEO: Oil Demand To Rebound To Pre-Pandemic Level By Early 2022

Sep 22, 2021 at 09:05 | Irina Slav

Crude oil demand will bounce back to levels from before the Covid-19 pandemic by early 2022, ConocoPhillips’ chief executive Ryan Lance told Bloomberg, adding that meanwhile, supply will remain…

Soaring Energy Prices Become Major Headache For China

Sep 21, 2021 at 17:23 | Irina Slav

Europe is being ravaged by an unprecedented energy crisis, and it may already be spreading. Asia, the world's biggest buyer of gas and coal, may be next, with…

The Oil Hub That Could Counter Iran’s Strait Of Hormuz Strategy

Sep 21, 2021 at 16:21 | Simon Watkins

In line with the UAE’s role as a principal member of the U.S.’s new Middle East strategy to counter China’s increasing influence in…

How Will Methane Regulations Impact America’s Oil And Gas Industry?

Sep 21, 2021 at 13:31 | Tsvetana Paraskova

The United States and the European Union are calling on the world to join a global initiative for a significant reduction in methane emissions, as major economies proceed…

5 Energy Stocks At Biggest Risk From The Evergrande Implosion

Sep 21, 2021 at 13:10 | Alex Kimani

Default fears have continued to stalk the China Evergrande Group (OTCPK:EGRNF) (OTCPK:EGRNY) despite efforts by its chairman to lift confidence in the embattled firm.…

Crude Stocks At Cushing Have Dropped By 42% So Far This Year

Sep 21, 2021 at 11:58 | Charles Kennedy

Rising U.S. oil consumption this year has led to crude oil inventories in Cushing, Oklahoma, dropping by as much as 42 percent so far this year, the Energy Information Administration…

Oil Prices Under Pressure From China's Evergrande Crisis

Sep 21, 2021 at 11:39 | Josh Owens

The potential implosion of China's property market and broader economy sent oil prices tumbling at the start of the week.

Chinese Utility Companies Face Bankruptcy As Coal Prices Skyrocket

Sep 21, 2021 at 11:08 | Haley Zaremba

China’s energy industry is caught between a rock and a hard place. As the world’s second-largest economy has surged back to life in the wake of the novel…

Russia’s Prime Minister Urges Country To Prepare For Post-Oil Era

Sep 21, 2021 at 09:57 | Irina Slav

Russia must start getting used to lower oil, gas, and coal use in the future, Prime Minister Mikhail Mishustin told Russian media, adding that the government will approve a plan…

Oil Rebounds On Tight Global Energy Supply

Sep 21, 2021 at 09:32 | Tsvetana Paraskova

Oil prices rose early on Tuesday, halting two consecutive days of losses as the global natural gas crunch has the market evaluating the potential of higher demand for other fuels…

Shell Exits Permian In $9.5 Billion Deal

Sep 21, 2021 at 08:52 | Irina Slav

Anglo-Dutch oil supermajor Shell is set to leave the Permian with a divestment worth close to $10 billion. The company said it will sell its assets in the shale…

Will South America’s Latest Oil Boom Spark A Military Clash?

Sep 20, 2021 at 15:32 | Matthew Smith

Since the controversial 1899 decision which set the border between Venezuela and Guyana, Caracas has repeatedly contested the ruling, claiming the 61,000 square…

5 Oil Stocks That Yielded 100% Returns In 2021

Sep 20, 2021 at 11:52 | Alex Kimani

U.S. crude oil futures slipped below $72/bbl on Friday but managed to close with a fourth straight weekly gain thanks in large part…

The Dangerous Rally In Natural Gas Prices

Sep 20, 2021 at 11:37 | David Messler

There is a buzz in the gas market, the likes of which has not been seen for a number of years. In the space of a year, we…

Kuwait’s Oil Production Plans Are Beyond Ambitious

Sep 20, 2021 at 11:28 | Simon Watkins

Kuwait’s plans announced last week to invest at least US$6.1 billion in exploration over the next five years in order to increase production to a minimum of 4…

Washington's Attack On Oil And Gas May Backfire

Sep 20, 2021 at 11:25 | Irina Slav

That the Biden administration and the Democratic-majority Congress have set their sights on the oil and gas industry as the ultimate culprit behind a changing climate was clear…

Is Gazprom About To Lose Its Natural Gas Export Monopoly?

Sep 20, 2021 at 11:20 | Vanand Meliksetian

The long-awaited Nord Stream 2 (NS2) pipeline is arguably the world’s most contentious energy project. While its completion was uncertain for a long time, favorable political, economic, and…

Oil Demand Set To Grow Even After 2050, Energy Expert Says

Sep 20, 2021 at 11:01 | Charles Kennedy

Even after 2050, global oil demand is set to continue to rise because renewables cannot entirely replace fossil fuels, energy markets expert Anas Alhajji said during a recent energy conference…

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