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Energy

5 Must-Watch Energy IPOs This Year

Jun 28, 2021 at 13:35 | Alex Kimani

After a brief hiatus on reports that OPEC+ is pondering another production hike starting in August, oil prices have resumed their march higher…

Qatar: Peak Natural Gas Demand To Occur Around 2040

Jun 28, 2021 at 13:26 | Charles Kennedy

One of the world’s largest liquefied natural gas (LNG) exporters, Qatar, expects global natural gas demand to peak at some point around 2040, Bloomberg reported on Monday, quoting a…

Brazil's Oil Boom Continues Unabated

Jun 28, 2021 at 13:10 | Matthew Smith

Latin America’s largest oil producer Brazil is one of the worst affected countries globally by the COVID-19 pandemic. According to the World Health Organization, Brazil is the

Number Of U.S. Drilled But Uncompleted Wells Drops 27% In A Year

Jun 28, 2021 at 10:59 | Tsvetana Paraskova

The number of drilled but uncompleted wells (DUCs) in the U.S. shale patch has declined by 27 percent since the peak in June 2020, the Energy Information Administration (EIA)

U.S. Natural Gas Prices Jump To 29-Month High On Extreme Weather

Jun 28, 2021 at 10:04 | Tsvetana Paraskova

U.S. natural gas prices jumped last week and early on Monday amid a tight natural gas market and expectations of high demand for electricity in hotter than usual weather in…

U.S. Shale Producers Stick To Output Discipline

Jun 28, 2021 at 08:49 | Irina Slav

Despite a strong rebound in oil prices, seeing them hit three-year highs, U.S. shale oil producers are sticking to their output discipline, Reuters reports, citing rig count data and…

Why Namibia Could Become The Biggest Oil Story of the Decade

Jun 25, 2021 at 16:15 | Alex Leigh

What we think is shaping up to potentially be the last great onshore oil discovery in the world has just announced encouraging results in the first section of…

Wastewater Problem Could Cap U.S. Shale Growth

Jun 25, 2021 at 12:39 | Irina Slav

Hydraulic fracturing, the technology that made the United States the world’s top oil and gas producer, has earned a really bad rap. Much of this ill reputation has…

Oil Rig Count Falls As U.S. Drillers Exercise Caution

Jun 25, 2021 at 12:15 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States stayed the same this week, with the total rig count holding fast…

Oil Prices Continue To Climbs Despite Resistance

Jun 25, 2021 at 12:09 | Tom Kool

Oil prices are on course to close out another week of gains despite fears of Iranian production coming back online and OPEC+ preparing to increase its output.

The Dawn Of A New Era For U.S. Shale

Jun 25, 2021 at 12:00 | Tsvetana Paraskova

Higher oil prices and capital expenditure discipline are setting the stage for the highest free cash flow on record for the world’s exploration and production companies this year.…

The UK Remains Committed To North Sea Oil Ambitions Despite Climate Goals

Jun 25, 2021 at 11:47 | Felicity Bradstock

The U.K. continues to stand by its oil and gas commitments even following this month’s G7 climate change conference in Cornwall, international pressure to move away from fossil…

Panasonic Has Sold Its Entire Stake In Tesla

Jun 25, 2021 at 11:14 | ZeroHedge

Panasonic has officially sold all of its shares in Tesla. The Japanese giant offloaded its entire $3.6 billion stake in the name last year, according to…

Blackout Risk And Electricity Prices Are Spiking In California

Jun 25, 2021 at 10:06 | Charles Kennedy

Electricity prices for Californians are spiking, but so is the danger of blackouts—both planned and unplanned. Exceptional drought forecasts for this summer prompted PG&E to warn earlier this month…

China Starts Production At Massive Deepwater Gas Field

Jun 25, 2021 at 08:59 | Irina Slav

China’s CNOOC this week started production from the first deepwater gas field it operates fully, Reuters has reported, adding that the field is expected to yield some 4.39 billion…

Top 3 Best Performing Small-Cap Oil Stocks

Jun 24, 2021 at 17:04 | Alex Kimani

Oil prices rallied to their highest levels in two and a half years after OPEC+ recently agreed to extend its historic production cuts.…

U.S. Democrats Launch Another Attack On Oil & Gas

Jun 24, 2021 at 15:37 | Irina Slav

Water used in oil and gas well drilling may become classified as hazardous waste, complicating the lives of companies that use it if a new bill, sponsored by…

U.S. Shale Eyes A $60 Billion Year

Jun 24, 2021 at 15:28 | Haley Zaremba

Oil execs and producers are historically pretty good at making money. Oil is a roller coaster of an economic sector, based on a boom-and-bust model. Bankruptcy and insolvency…

Chevron Won’t Cut Oil & Gas Business For Renewables

Jun 24, 2021 at 13:31 | Charles Kennedy

Unlike European supermajors, U.S. Chevron doesn’t have any plans to reduce its oil and gas business to invest in solar or wind power, chief financial officer Pierre Breber said at…

Oil And Gas Companies Set For Record Free Cash Flow This Summer

Jun 24, 2021 at 11:45 | Rystad Energy

With oil trading above $70 per barrel while investment activity remains low, the world’s publicly traded exploration and production (E&P) companies are set to generate record-breaking free cash flows (FCF)…

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