• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 5 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 4 hours They pay YOU to TAKE Natural Gas
  • 3 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 7 days e-truck insanity
  • 5 days An interesting statistic about bitumens?
  • 10 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 10 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)

Energy

Oil Sands Producers Will Need Federal Support To Go Green

Aug 11, 2021 at 10:24 | Tsvetana Paraskova

Canada’s oil industry, which operates one of the world’s most emission-intensive ways of pumping crude, has recently pledged to work to make the oil sands net-zero emission by…

U.S. Shale Scrambles To Reinvent Itself

Aug 11, 2021 at 10:19 | Tsvetana Paraskova

The U.S. oil industry continues to show capital discipline—a concept that was rather unpopular in the shale patch prior to the 2020 oil crash and crisis. 

Peak Gasoline Demand Forecasts Aren't Scaring Big Oil

Aug 11, 2021 at 09:56 | Alex Kimani

Last week, President Joe Biden came out with an executive order aimed at making half of all new vehicles sold in 2030 electric…

Oil Prices Fall On Modest Inventory Draw

Aug 11, 2021 at 09:49 | Irina Slav

Oil prices took another plunge today after the Energy Information Administration reported a crude oil inventory decline of 400,000 barrels for the week to August 6, significantly less than…

Chinese Oil Demand To Crash By 1 Million Bpd On Covid Surge

Aug 11, 2021 at 09:21 | Tsvetana Paraskova

China’s oil demand is expected to be 1 million barrels per day (bpd) lower in the next two months than previously expected due to the rising number of COVID cases…

EIA Lowers Oil Production Expectations For 2022

Aug 11, 2021 at 09:11 | Charles Kennedy

U.S. crude oil production this year will average 11.1 million bpd and will rise to 11.8 million bpd in 2022, the Energy Information Administration said in its latest Short-Term…

The U.S. Calls On OPEC+ To Boost Production As Gasoline Prices Soar

Aug 11, 2021 at 08:55 | Tsvetana Paraskova

Oil prices dipped early on Wednesday after the White House called on the OPEC+ group to increase oil production more than they had planned in order to tame rising gasoline…

Why Russian Oil Giant Lukoil Won’t Give Up On This Huge Oilfield

Aug 10, 2021 at 11:49 | Simon Watkins

There was always something that did not look quite right about Lukoil’s recent announcement that it was going to withdraw from Iraq’s huge West Qurna 2 oil field,…

Colombia’s Oil Industry Tumbles Amid Violent Protests

Aug 10, 2021 at 11:44 | Matthew Smith

After being rocked by a harsh 2020 where the March 2020 oil price collapse and the coronavirus pandemic sharply impacted operations Colombia’s economically…

Saudi Arabia’s Oil Industry Is Staging An Impressive Comeback

Aug 10, 2021 at 11:37 | Felicity Bradstock

Aramco sees profits up nearly 300 percent as Sadia Arabia experiences a dramatic rebound from last year’s pandemic-hit oil demand.  Thanks to prices that have increased…

Can Anything Replace China As Demand Driver For Oil?

Aug 10, 2021 at 11:36 | Irina Slav

That the oil-producing world is highly reliant on China's appetite is a fact we are reminded of from time to time. Last year, Chinese buyers dragged oil prices…

Oil Prices Bounce Back As Market Demand Recovers

Aug 10, 2021 at 11:03 | Tom Kool

President Biden's $1 trillion infrastructure bill did a lot to counter fears of Covid sweeping through China, with oil prices beginning to bounce back.

China’s Biggest Refiner To Refine Less Crude This Month

Aug 10, 2021 at 10:54 | Tsvetana Paraskova

China Petroleum & Chemical Corporation, or Sinopec, is expected to reduce refinery run rates by up to 10 percent at some of its facilities amid renewed travel restrictions in China…

Peak Oil: Is This Top U.S. Refiner Ditching Oil For Batteries?

Aug 10, 2021 at 10:15 | Charles Kennedy

Refiner Phillips 66 is betting on EV batteries for the future because it thinks we have already reached peak oil demand. The company has announced a strategic investment in…

Iran Nuclear Deal Talks Stalled Following Oil Tanker Attack

Aug 10, 2021 at 09:13 | ZeroHedge

With new president Ebrahim Raisi now in office, Iran says it's ready to resume JCPOA nuclear talks with world powers in Vienna, which includes indirect negotiations with the United States.…

Oil Prices Rebound From Three-Week Lows

Aug 10, 2021 at 08:41 | Tsvetana Paraskova

After hitting a three-week low on Monday, oil prices rose early on Tuesday as the market hopes that still resilient oil demand in the West would offset weakness in its…

Update On The World’s Most Exciting Oil Play: Interview With Scot Evans

Aug 09, 2021 at 18:51 | James Stafford

As Recon Africa (TSXV:RECO; OTC:RECAF) continues to de-risk what we believe is the most exciting onshore oil play the world has seen in decades, we had a chance…

Cheap Natural Gas Is A Thing Of The Past

Aug 09, 2021 at 15:30 | Alex Kimani

The era of cheap natural gas might be gone for good.  U.S. natural gas futures climbed to a 31-month high of 4.16/MMBtu on Thursday thanks to…

2021 Has Been A Blockbuster Year For Offshore Oil And Gas

Aug 09, 2021 at 13:13 | Irina Slav

For an industry in trouble, the oil and gas industry is doing pretty well in terms of discoveries and final investment decisions. So far this year, 21 new…

A New Wave Of Populism Is Sweeping Latin America

Aug 09, 2021 at 13:09 | Global Risk Insights

A left turn? Peru’s polls closed on the 6th of June, but it took over a month for an official victor to be announced. Now, Pedro Castillo of…

Oilprice - The No. 1 Source for Oil & Energy News