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High Oil Prices Force Biden Admin to Halt SPR Refill Plans

High Oil Prices Force Biden Admin to Halt SPR Refill Plans

The Biden administration has canceled…

Namibia Racks Up Another Major Offshore Oil Discovery

Namibia Racks Up Another Major Offshore Oil Discovery

Shares of Portuguese integrated energy…

Large Crude Inventory Build Rocks Oil Prices

Large Crude Inventory Build Rocks Oil Prices

Crude oil prices went lower…

Energy

A New Geopolitical Conflict Is Looming Over The Arctic

Sep 02, 2021 at 11:39 | Haley Zaremba

The Arctic has been the source of geopolitical conflict and territorial disputes for centuries. From walrus ivory and seal skins starting in the…

Will Peru’s Crisis-Torn Oil Industry Ever Recover?

Sep 02, 2021 at 11:23 | Matthew Smith

Peru’s oil industry has been under considerable pressure for some time. A combination of long-running political turmoil, community dissent and the pandemic are weighing heavily on

Is Blue Hydrogen The Key To Reaching ESG Goals?

Sep 02, 2021 at 11:17 | Robert Rapier

In the previous article, I discussed the growing importance of Environmental, Social, and Corporate Governance (ESG) for companies. Perhaps no industry has a…

WTI Oil Jumps Above $70 On Bullish U.S. Demand Data

Sep 02, 2021 at 10:58 | Tsvetana Paraskova

Oil prices rose by more than 2 percent early on Thursday, with WTI Crude trading above $70 a barrel for the first time in a month, driven by bullish U.S.…

Louisiana Refineries Could Take Weeks To Restart After Hurricane Ida

Sep 02, 2021 at 09:55 | Tsvetana Paraskova

The refineries in Louisiana that were shut ahead of or during the passing of Hurricane Ida this weekend could take weeks to restart as power and water services have yet…

China’s CNPC Looks To Revive Oil Projects In Venezuela

Sep 02, 2021 at 08:45 | Irina Slav

The China National Petroleum Corporation is preparing to return to Venezuela after the Maduro government finalizes legislation seeking to attract more foreign capital to the industry.

The U.S. Oil Industry Is Facing A Talent Crunch

Sep 01, 2021 at 15:39 | Tsvetana Paraskova

As oil prices rise and demand recovers, the U.S. oil industry is raising drilling and completion activity and has started to re-hire workers it had dismissed at the…

Exposing The Blue Hydrogen Lie

Sep 01, 2021 at 15:26 | Felicity Bradstock

Recent reports suggest that oil companies in the U.K. have been exaggerating the costs of blue hydrogen projects, as well as the need for their development to decarbonize…

U.S. Shale Ramps Up Drilling But Maintains Spending Restraint

Sep 01, 2021 at 15:25 | Tsvetana Paraskova

U.S. oil production has ticked up in recent weeks as shale producers drill more wells after going through a massive backlog of drilled but uncompleted wells (DUC).  

Can The U.S. Catch Up With China In The Clean Energy Race?

Sep 01, 2021 at 13:53 | Vanand Meliksetian

Three giants dominate the global economic system: the EU, United States, and China. Of these three, the Americans are relatively far behind when it comes to centralized clean…

Things Keep Getting Worse For Mexico’s Struggling Oil Industry

Sep 01, 2021 at 13:29 | Felicity Bradstock

Mexican oil is taking hit after hit this year. First, a deadly fire led to disruptions in production and then output was once again hindered by the anticipation…

The Battery Metal Supply Squeeze Is Far From Over

Sep 01, 2021 at 13:22 | Metal Miner

While much of the world still depends on fossil fuels, demand for battery metals is surging. Battery metal demand on the rise South African platinum and…

OPEC+ Ignores Biden, Keeps Output Plans Unchanged

Sep 01, 2021 at 11:19 | Irina Slav

The September meeting of OPEC+ today wasn’t expected to erupt in vehement disagreements. Unlike the last meeting, when a rift between Saudi Arabia and the UAE caused worry…

The High Cost Of Ignoring The ESG Trend

Sep 01, 2021 at 10:57 | Robert Rapier

Environmental accountability has exploded in recent years. Climate change has been a dominant driver of this growth. There is broad agreement among nations that rising global carbon dioxide…

Finding A Real Solution To Louisiana's Energy Crisis

Sep 01, 2021 at 10:54 | Leonard Hyman & William Tilles

You may have seen the recent YouTube video of Entergy crews installing a new high voltage transmission tower near New Orleans. The new tower was supposed to withstand…

UK North Sea Investment Crashes To 50-Year Low

Sep 01, 2021 at 10:27 | Tsvetana Paraskova

Due to the pandemic-driven collapse in oil prices, capital investment in the UK North Sea plunged by one-third in 2020 to the lowest level since 1973, offshore industry body OGUK…

The Best Refinery Stock To Buy In September

Sep 01, 2021 at 10:04 | Global Energy Alert

Introduction We have done a pretty good job over the past year or so in offering up comparisons between upstream operating companies. We’ve hit the major shale players…

Major Crude Draw Sends Oil Higher On First Trading Day Of The Month

Sep 01, 2021 at 09:35 | Irina Slav

Crude oil prices moved higher today after the Energy Information Administration reported inventories had shed 7.2 million barrels in the week to August 27. This

Louisiana Faces Major Oil Tanker Traffic Jam Following Hurricane Ida

Sep 01, 2021 at 09:03 | Irina Slav

More than two dozen oil tankers are jamming Louisiana ports in the wake of Hurricane Ida as port operators continue to assess the damage, Reuters reports, citing sources and…

3 Distinct Futures For The Oil Industry

Aug 31, 2021 at 15:25 | Alex Kimani

As the global economy emerges from the pandemic and commodity prices continue on a recovery path, it's becoming increasingly evident that the oil and gas industry is standing…

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