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The Espionage Web Expanding Across Europe

The Espionage Web Expanding Across Europe

Not since the Cold War…

3 Oil & Gas Stocks Most Sensitive To Oil Price Swings

3 Oil & Gas Stocks Most Sensitive To Oil Price Swings

Apache, Marathon Oil Corp. and…

OPEC+ Can Stop An Oil Rally To $100

OPEC+ Can Stop An Oil Rally To $100

The OPEC+ group could influence…

Energy

U.S. Rig Count Increases As Oil Rally Takes A Breather

Jan 22, 2021 at 12:13 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the United States rose by 5 to 378. The oil and gas rig count has risen…

Bearish EIA Inventory Report Sends Oil Prices Lower

Jan 22, 2021 at 10:10 | Irina Slav

Crude oil prices fell further today after the Energy Information Administration reported a crude oil inventory build of 4.4 million barrels for the week to January 15. This compared…

Iran Begins Boosting Oil Production

Jan 22, 2021 at 09:51 | Irina Slav

Iran has started ramping up its crude oil production eyeing a return to pre-sanction levels in a month or two, Deputy Oil Minister Amir Hossein Zamaninia told media, as

Goldman Bullish On Oil As It Eyes Major Relief Package

Jan 22, 2021 at 08:52 | Tsvetana Paraskova

Oil prices will be supported this year by the upcoming massive economic stimulus package in the United States and the low probability of much Iranian oil returning to the global…

Was Saudi Arabia's Surprise Production Cut A Good Idea?

Jan 21, 2021 at 17:38 | Tsvetana Paraskova

Oil prices have risen by 10 percent since the end of 2020 and 8 percent since the OPEC+ meeting two weeks ago, but the rally has nothing to do with…

China Snubs Washington With Big Oil Deals In South Iraq

Jan 21, 2021 at 16:59 | Simon Watkins

There are three major troubling factors for new U.S. President Joe Biden. In the recently agreed US$2 billion five–year prepayment oil supply deal between the Federal Government of…

Will Argentina’s Vaca Muerta Shale Play Ever Recover?

Jan 21, 2021 at 15:17 | Matthew Smith

Last year was tough for the global oil industry as the COVID-19 pandemic and an ongoing oil supply glut rocked petroleum-dependent emerging economies, notably in South America, to…

Mercedes To Take On Tesla With Fully Electric SUV

Jan 21, 2021 at 14:06 | ZeroHedge

Daimler AG's Mercedes-Benz rolled out its battery-powered EQA SUV as part of a plan to take on Tesla and Volkswagen.  Mercedes-Benz's first fully-electric SUV will be available in the coming…

China Is Struggling To Keep Up With Electricity Demand

Jan 21, 2021 at 13:50 | Irina Slav

The cold spell that left Asian countries scrambling to buy enough natural gas for heating and electricity generation earlier this month made headlines and spurred a massive rally…

How Microsoft Looks To Eliminate All The Carbon It Ever Emitted

Jan 21, 2021 at 12:37 | Robert Rapier

In January 2020, Microsoft launched a company-wide focus on sustainability by announcing an ambitious goal and a detailed plan to become carbon negative…

Oil Majors Are Eyeing A Suriname Offshore Boom

Jan 21, 2021 at 11:48 | Felicity Bradstock

Majors are eying Suriname as the next big oil player. With recent success in neighbouring Guyana, Suriname offers hope for low-cost oil exploration and production going into 2021. …

Why Natural Gas Producers Are Betting Big On Hydrogen

Jan 21, 2021 at 10:53 | Alex Kimani

With president-elect Joe Biden having vowed to return the United States to the 2015 Paris Climate Accord as a matter of urgency, the clean energy sector is about to gain…

EIA Sees WTI at $56 For Q1 2021

Jan 21, 2021 at 09:00 | Julianne Geiger

The U.S. crude oil benchmark WTI will average $56 per barrel across the first quarter of this year, the Energy Information Administration has estimated in its Short-Term Energy Outlook…

Can Shale Resist The Lure Of Another Output Surge?

Jan 20, 2021 at 17:28 | Irina Slav

U.S. shale changed global oil markets. It shook the foundations of OPEC as the one single swing producer group. And last year, it crumbled under the weight of the pandemic…

Biden Plans To Kill Keystone XL Oil Pipeline

Jan 20, 2021 at 17:02 | Tsvetana Paraskova

U.S. President Joe Biden is rescinding the Presidential permit for the Keystone XL oil pipeline project on his first day in office, raising concerns about Alberta’s oil industry and the…

Canada Is Cleaning Up Its Oil Sands

Jan 20, 2021 at 14:04 | Haley Zaremba

Until very recently, nearly any news out of the Canadian oil sands was certain to be a tale of woe. While Alberta’s oil and gas industry didn’t suffer…

Saudi Arabia Remained China’s Top Oil Supplier In 2020

Jan 20, 2021 at 13:23 | Tsvetana Paraskova

Saudi Arabia narrowly beat Russia to hold…

U.S. Oil Product Demand Is Set For A Biden Boost In 2021

Jan 20, 2021 at 13:06 | Rystad Energy

After a devastating 2020, Rystad Energy projected demand for oil products in the US to grow by 1.08 million bpd in 2021 to 19.1 million bpd. This projection left politics…

What’s Next For Very Volatile Natural Gas Markets

Jan 20, 2021 at 11:35 | Tsvetana Paraskova

Last week’s record-high spot prices of liquefied natural gas (LNG) in Asia may not hold for long, but the surge could be a sign of what the future holds for…

Israeli Firm Releases EV Battery That Can Charge In 5 Minutes

Jan 20, 2021 at 11:03 | Charles Kennedy

An Israeli firm has announced the first superfast EV battery that can charge in just five minutes. The technology could spark a true EV revolution as it would eliminate one…

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