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Battery Storage Is the No. 1 Energy Investment Playground

Battery Storage Is the No. 1 Energy Investment Playground

Battery storage was the fastest-growing…

India Ratchets Up Its Renewable Energy Installations

India Ratchets Up Its Renewable Energy Installations

India has ratcheted up renewable energy installations…

U.S. Sanctions on Venezuela Snap Back Into Place

U.S. Sanctions on Venezuela Snap Back Into Place

The U.S. has reimposed sanctions…

Energy

UAE Cements US, Israel Alliance With This Huge Oil Deal

Dec 15, 2020 at 14:17 | Simon Watkins

The Abu Dhabi National Oil Co (ADNOC) - the key corporate proxy at the centre of the U.S.’s Middle East pushback against increasing Chinese and Russian influence across…

Another Corruption Scandal Engulfs Ecuador’s Oil Industry

Dec 15, 2020 at 14:06 | Matthew Smith

The trials and tribulations for Ecuador’s deeply embattled petroleum industry continue. If crumbling infrastructure, refinery outages and pipeline ruptures were not enough, the Andean country’s state-controlled PetroEcuador finds…

Will Oil Continue To Rally In 2021?

Dec 15, 2020 at 13:10 | Yousef Alshammari

Oil prices have finally hit $50 last week, a projection that we made back in June this year. Bullish sentiment prevailed in the oil markets over…

Oil Bulls Are Back Despite New COVID Lockdowns

Dec 15, 2020 at 12:52 | Josh Owens

Oil prices continue to rise as the distribution of vaccines boosts optimism, with oil bulls appearing to ignore new lockdowns across Europe

The Two Midstream Oil Stocks Set To Thrive In 2021

Dec 15, 2020 at 12:11 | Alex Kimani

Just like the rest of the oil and gas sector, the U.S. midstream oil and gas segment has been hugely disrupted by the plunge in global energy demand…

OPEC President: OPEC+ Shouldn’t Hurry To Ease Oil Output Cuts

Dec 15, 2020 at 11:05 | Tsvetana Paraskova

The OPEC+ group of producers must continue to calibrate the easing of its collective oil production cuts to the still fragile global oil demand in the pandemic, Abdelmajid Attar, the…

IEA: Jet Fuel Will Continue Be A Drag On Oil Demand Recovery

Dec 15, 2020 at 10:01 | Tsvetana Paraskova

Continued low demand for jet fuel will account for 80 percent of next year’s 3.1-million-bpd gap in oil demand compared to pre-pandemic levels, the International Energy Agency (IEA) said…

Goldman Turns Bullish On Oil: Sees $65 Brent In 2021

Dec 15, 2020 at 08:46 | Irina Slav

Structural underinvestment in oil and gas will put upward pressure on oil prices, Goldman Sachs’ commodities chief Jeffrey Currie told CNBC this week, commenting on commodity markets. All markets…

Why Warren Buffet Is Betting Big On Oil & Gas Pipeline Companies

Dec 14, 2020 at 17:30 | David Messler

It’s been a tough year for energy pipelines that carry oil and gas from source points to distribution and export terminals. In recent weeks, along with a general…

The EV Of The Future May Never Have To Be Charged

Dec 14, 2020 at 17:22 | Haley Zaremba

Electric vehicles are getting more advanced and more accessible all the time. As charging infrastructure proliferates and vehicle technology improves, they’re becoming more…

Asset Managers Are Turning Up The Heat On Energy Companies

Dec 14, 2020 at 16:19 | Irina Slav

When Bank of America proclaimed it would no longer finance Arctic oil and gas drilling, it was just the latest in a string…

Exxon’s Big Bet On Guyana’s Offshore Oil Basin Is Paying Off

Dec 14, 2020 at 15:55 | Matthew Smith

The growing oil boom in the offshore Guyana-Suriname Basin continues to gain pace. After making a series of spectacular discoveries in offshore Guyana…

Could Solar Power Save The Lone Star State?

Dec 14, 2020 at 14:22 | Haley Zaremba

Texas, once the undisputed and seemingly infallible powerhouse of the United States’ energy sector and the world’s shale markets, is struggling to stay afloat

Battery Recycling Booms As The EV Revolution Kicks Into High Gear

Dec 14, 2020 at 14:06 | Tsvetana Paraskova

The rising popularity of electric vehicles (EVs) is often praised as the road to helping the world to reduce emissions. Yet, the advocates of the electric-car future often…

Upheaval In Big Oil’s Board Rooms

Dec 14, 2020 at 13:07 | Leonard Hyman & William Tilles

A bevy of Royal Dutch Shell’s top clean energy executives picked up and resigned from the energy giant. They quit shortly before Shell was scheduled to announce its forward clean…

Supermajors Are Betting Big On Carbon Credits

Dec 14, 2020 at 12:23 | Haley Zaremba

“PEAK OIL IS SUDDENLY UPON US” blared a Bloomberg Green headline earlier this month. While the COVID-19 pandemic has been devastating for many economic sectors, few were as…

Oil Falls After OPEC Slashes Q1 2021 Demand Forecast

Dec 14, 2020 at 10:55 | ZeroHedge

Having just recently agreed a new production quota, which along with vaccine hype has spurred oil prices to their highest since March, OPEC just reduced projections for global fuel consumption in…

Explosion At Saudi Port Damages Oil Tanker

Dec 14, 2020 at 09:59 | Irina Slav

An explosion rocked a Singapore-flagged oil tanker at the Saudi Red Sea port of Jeddah, according to multiple media reports. The United Kingdom Maritime Trade Operations website reported the

Oil Prices Rise As U.S. Vaccinations Begin

Dec 14, 2020 at 08:44 | Tsvetana Paraskova

Oil prices rose early on Monday after the U.S. FDA approved the Pfizer-BioNTech vaccine for emergency use and shipments of batches of vaccine vials began this weekend, with first vaccinations…

Middle East Oil Prices Rise As Asian Demand Recovers

Dec 11, 2020 at 17:25 | Viktor Katona

As the United States and Europe falter under the weight of ever-increasing coronavirus cases and a general lull in markets, the health of the Asian crude market has…

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