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Energy

Iran Plans Petrochemical Boom Despite U.S. Sanctions

Feb 18, 2021 at 16:54 | Simon Watkins

Given the extreme unlikelihood of the U.S. returning to the currently structured Joint Comprehensive Plan of Action (JCPOA), and Iran’s unwillingness to renegotiate the deal any time soon, the…

Why Tanzania’s Oil And Gas Boom Isn’t Taking Off

Feb 18, 2021 at 16:07 | Viktor Katona

Mozambique’s failure to provide sufficient security to the operators of Mozambique and Rovuma LNG has triggered ample speculation in oil and gas market lobbies as potential investors assess the risks…

Goldman: European Oil Major Stocks Poised To Rally This Year

Feb 18, 2021 at 14:54 | Charles Kennedy

The expected recovery of global oil demand for transportation and more positive earnings this year, compared to the nightmare of 2020, are setting the stage for a rally in the…

Who’s To Blame For The Texas Power Crisis?

Feb 18, 2021 at 12:44 | Leonard Hyman & William Tilles

Our last report focused on the uniqueness of the Texas wholesale electricity market, ERCOT, and how it was specifically designed to evade federal utility regulation. And as if he were…

Oil Prices Retreat As Deadly Winter Storm Moves East

Feb 18, 2021 at 12:39 | Tsvetana Paraskova

Oil prices gave up earlier gains to trade lower just after noon on Thursday, while the severe winter storms continued to move east, leaving at least 20 people dead and…

Flying Car Stocks Are Going Viral In 2021

Feb 18, 2021 at 11:05 | Alex Kimani

Flying cars, also known as electric air taxis, have been around us for a long time thanks to sci-fi staples such as "Back to the Future" and "The Jetsons." But…

Oil Prices Jump Above $61 On Major Crude Draw

Feb 18, 2021 at 10:12 | Irina Slav

Crude oil prices jumped higher after the Energy Information Administration reported crude oil inventories in the U.S. had shed 7.3 million barrels in the week to February 12. This…

Texas Freeze Causes Largest Ever U.S. Oil Production Decline

Feb 18, 2021 at 09:05 | Irina Slav

U.S. crude oil production has plunged by as much as 40 percent due to the Polar Vortex that brought freezing temperatures to swathes of the United States, most notably including…

This Commodity Super-Cycle Could Be Unlike Anything We’ve Seen Before

Feb 17, 2021 at 18:03 | David Messler

Commodity prices have been on the rise since late in the 3rd quarter of 2020. Signs that the global economy would rebound faster than…

Who Will Win The Carbon Capture Tech Showdown?

Feb 17, 2021 at 16:49 | Irina Slav

Solar panels and wind farms have become fixtures of the global energy mix even if things like winter cold sometimes interfere with their operation. Hydrogen is garnering growing attention—even if…

EV Euphoria Sends Lithium Stocks Higher

Feb 17, 2021 at 16:24 | Tsvetana Paraskova

The lithium market is about to end a nearly three-year downturn of low prices and low investment in new supply because of those low prices.   Demand for key battery…

Rhetoric vs Reality: The EU’s Battle For Net Zero Emissions

Feb 17, 2021 at 16:12 | Fernando C. Hernandez

In the wake of the global race to reduce emissions, EU countries are struggling to implement a coherent policy approach or to align their actions with the high-minded…

Can Venezuela Rebuild Its Crushed Downstream Sector?

Feb 17, 2021 at 13:57 | Viktor Katona

President Biden’s assumption of power has instilled a new sense of hope in Venezuela’s political leadership, with Nicolas Maduro stating that his country was willing to “walk a new path…

Biden’s Energy Plans Threaten Alaska’s Oil Ambitions

Feb 17, 2021 at 13:23 | Rystad Energy

The new energy policies brought forward by the Biden administration in the US are set to rock the country’s oil and gas industry. There has been much discussion over the…

Qatar Looks To Be World’s Top LNG Producer For Decades

Feb 17, 2021 at 12:25 | Charles Kennedy

Qatar’s major expansion of its liquefied natural gas capacity will help it to be the biggest LNG producer in the world for at least the next two decades, the country’s…

Malaysia Makes Major Natural Gas Find As Prices Soar

Feb 17, 2021 at 11:03 | Felicity Bradstock

Malaysia is showing promise for the oil and gas industry as new natural gas finds could boost already high production levels and improve export potential in Southeast Asia. …

Saudi Arabia Set To Reverse Extra 1 Million Bpd Production Cut From April

Feb 17, 2021 at 09:54 | Tsvetana Paraskova

OPEC’s largest producer Saudi Arabia looks to reverse its unilateral extra production cut of 1 million barrels per day (bpd) after March ends, in view of the recent rally in…

Chevron Is Buffett’s Latest Billion-Dollar ‘Mystery’ Investment

Feb 17, 2021 at 09:06 | Tsvetana Paraskova

Berkshire Hathaway has invested US$4.1 billion in Chevron (NYSE:CVX) stock, Warren Buffett’s conglomerate announced in a filing with the SEC with holdings as of the end…

Oil Prices Soar As U.S. Oil Production Plunges 30%

Feb 17, 2021 at 07:18 | Irina Slav

West Texas Intermediate jumped over $60 per barrel after the Polar Vortex that brought unusually cold weather to a large part of the U.S. froze—literally—a third of…

Is This Oil Rally The Start Of Something Much Bigger?

Feb 16, 2021 at 17:51 | Tsvetana Paraskova

Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation.   The commodity bull run across the board—spearheaded by a…

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