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Big Oil’s Carbon Capture Conundrum

Big Oil’s Carbon Capture Conundrum

Energy experts and environmentalists express…

Weak Diesel Prices Reflect Global Economic Slowdown

Weak Diesel Prices Reflect Global Economic Slowdown

Diesel fuel production has ramped…

Energy

Should You Follow Buffett Into Energy Stocks?

Feb 22, 2021 at 17:52 | Alex Kimani

For decades, Berkshire Hathaway (NYSE:BRK.B) chairman and CEO Warren Buffett maintained a pretty conservative approach to investing, favoring retail and banking stocks while avoiding sectors such as tech and energy.…

Iran Doubles Down On Nuclear Ambitions As It Expands Oil Influence

Feb 22, 2021 at 16:59 | Simon Watkins

Tehran’s broad strategy regarding the U.S. is to seek to push new President Joe Biden back into a non-renegotiated nuclear deal, which favours Iran, whilst at the same time allowing…

Europe’s Rare Earth Dependency Dilemma

Feb 22, 2021 at 15:35 | Irina Slav

Solar panels. Wind turbines. Electric vehicle batteries and motors. These are just four of the things that need one or more of a group of minerals known as rare earths.…

U.S. Shale’s Struggles Will Be Help OPEC Stabilize Oil Prices

Feb 22, 2021 at 15:08 | Tsvetana Paraskova

OPEC and its allies could find managing supply to the oil market easier this year, as U.S. shale producers are still not rushing to accelerate output at $60 oil, OPEC…

Goldman Sachs Sees $75 Oil In Q3 2021

Feb 22, 2021 at 13:56 | Tsvetana Paraskova

Goldman Sachs is now even more bullish on oil, expecting Brent Crude prices to hit $75 a barrel in the third quarter this year, on the back of faster market…

Qatar's LNG Megaprojects Are Making Markets Increasingly Competitive

Feb 22, 2021 at 12:31 | Vanand Meliksetian

Qatar Petroleum’s recently set a new record for the largest LNG export project ever. By 2026, the country will once again become the world's largest supplier of liquefied natural…

Iran Claims U.S. Sanctions Cost $1 Trillion, Demands Compensation

Feb 22, 2021 at 12:07 | ZeroHedge

A major crisis was narrowly averted Sunday over Iran's nuclear facilities and the planned booting of IAEA inspectors from key sites, scheduled according to a prior Iranian parliament…

Oil Prices Spike As U.S. Outages Tighten Supply

Feb 22, 2021 at 11:24 | Julianne Geiger

Oil prices rebounded again on Monday, with WTI shooting up more than 3% to over $61 per barrel by noon ET. Oil prices spiked to 13-month highs…

Investment In Battery Tech Exploded In 2020

Feb 22, 2021 at 09:48 | Robert Rapier

Last fall Swedish lithium-ion battery maker Northvolt announced that it had raised $600 million in equity to invest in capacity expansion, research and development, and large-scale recycling. The capital raise…

Airlines Slammed By Soaring Jet Fuel Prices

Feb 22, 2021 at 09:00 | Irina Slav

Prefer to watch a video about jet fuel demand? Find Goldman Sachs' latest forecast here Jet fuel prices hit a 13-month high last week as…

Is Another LNG Glut Looming?

Feb 19, 2021 at 15:20 | Tsvetana Paraskova

Global natural gas demand is set to return to pre-crisis levels as early as this year and will continue to rise in the…

Can This Man-Made “8th Continent” Help Clean Up The Ocean?

Feb 19, 2021 at 15:18 | Haley Zaremba

Spanning the nearly unthinkably vast expanse of the Pacific ocean, all across the 5,355 miles of ocean between the West Coast of the United States and the islands…

Even Bill Gates Is Struggling To Go Completely Green

Feb 19, 2021 at 15:16 | Haley Zaremba

We’ve all heard about campaigns urging institutions, wealthy individuals, and world leaders to divest from fossil fuels. On the surface, it makes a lot of sense: in order…

Can OPEC+ Maintain Order As Oil Prices Rise?

Feb 19, 2021 at 15:10 | Irina Slav

After months of neglect from traders, oil became a hot commodity again this month as Brent surged over $65 a barrel and WTI…

Can Oil And Electric Vehicles Coexist In Modern Markets?

Feb 19, 2021 at 15:05 | Haley Zaremba

Although the novel coronavirus has wreaked havoc on many sectors of the global economy, leaving double the people unemployed in the United States as compared to February of…

Will New Zealand Ever Unlock Its Oil Potential?

Feb 19, 2021 at 15:03 | Felicity Bradstock

Small oil producer New Zealand has halted exploration of a potentially major oil field in the wake of the Covid-19 pandemic and increased regulator pressure.  New…

Bitcoin’s Market Cap Hits $1 Trillion As America’s Largest Mining Facility Goes

Feb 19, 2021 at 14:54 | Felicity Bradstock

As Texas is hit hard by a severe winter storm, bringing snow and freezing temperatures, Bitcoin mining farms go offline as the currency’s value reaches an all-time high.  …

Texas Storm Shut In As Much As 4 Million Bpd Of U.S. Oil Production

Feb 19, 2021 at 13:34 | Tsvetana Paraskova

The severe winter storm that swept through the United States this week likely shut in between 2 million barrels per day (bpd) and 4 million bpd of the total U.S.…

Oil Prices Fall Back Below $60

Feb 19, 2021 at 12:43 | Tom Kool

Oil prices have fallen back below $60 but remain at levels not seen since January 2020.In this week's

Oil Rig Count Ends Twelve Week Streak Of Gains As Oil Prices Slip

Feb 19, 2021 at 12:27 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States stayed the same this week. The total number of active oil and gas…

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