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Energy

Porsche Is Looking Beyond Electric Vehicles

Dec 08, 2020 at 16:27 | Irina Slav

Earlier this month, car giant Porsche announced that it was investing $24 million in the development of e-fuels to use in its sports cars. The news followed the…

3 Oil And Gas Stocks Outperforming The Market

Dec 08, 2020 at 16:05 | Alex Kimani

Searching for potentially rewarding oil and gas stocks during the ongoing energy crisis can very much feel like dumpster diving.  The energy sector has been deeply out of favor over…

Why Is Denmark Ditching Natural Gas?

Dec 08, 2020 at 13:47 | Viktor Katona

Denmark’s announcement that it would stop offering exploration licenses came down on the European oil and gas sector like a bolt from the blue. Not that it would be a…

Oil Market Hopeful As Vaccinations Begin

Dec 08, 2020 at 12:48 | Tom Kool

Gasoline demand hit a 20 year low over the Thanksgiving holiday, down 8.4% from the week before and the decline is showing no sign of shopping

Finding A Way Around The World's Largest Oil Chokepoint

Dec 08, 2020 at 12:05 | Vanand Meliksetian

Oil is sometimes referred to as ‘black gold’. The discovery and export of fossil fuels have led to tremendous wealth creation for certain countries. In this sense, no…

Oil Prices Drop On Weak Short-Term Demand Outlook

Dec 08, 2020 at 11:01 | Tsvetana Paraskova

After rallying in the last few weeks, oil prices were down for a second consecutive day early on Tuesday as tightened restrictions in the U.S. and Europe outweighed the start…

Qatar Set To Significantly Boost Energy Investments In India

Dec 08, 2020 at 09:58 | Tsvetana Paraskova

Major energy importer India and one of the world’s top liquefied natural gas (LNG) exporters, Qatar, agreed on Tuesday to create a special task force to explore and facilitate Qatari…

China’s Oil Buying Spree Is Slowing

Dec 08, 2020 at 09:06 | Irina Slav

China’s record-high imports from earlier this year continued to slow down last month along with other commodity imports, as demand growth slackens. The average amount of oil China imported in…

Oil Markets Are Finally Ready To Recover

Dec 07, 2020 at 17:51 | David Messler

The oil markets have staged a dramatic rally since early November, with WTI breaking out of a range between the high $30’s and low $40’s for the first…

The Tiny Oil Nation At The Center Of A Middle East Power Struggle

Dec 07, 2020 at 17:39 | Simon Watkins

Now that Bahrain is part of the new U.S.-Israel-Middle East corridor of co-operation that is being developed from the U.S. (and Israel), through…

BP Prepares To Boost Middle East Oil Production

Dec 07, 2020 at 16:47 | Felicity Bradstock

BP has said it will invest heavily in Middle Eastern oil and natural-gas fields going into 2021. Despite pledging its transition to renewable energy, the company has highlighted…

Oil Prices Sink As OPEC+ Hype Wears Off

Dec 07, 2020 at 14:59 | Julianne Geiger

Oil prices sank over 1% on Monday, erasing the positive sentiment that the market boasted last week after OPEC+ agreed on a plan for January production. While…

The OPEC+ Mission To Balance Oil Markets Is Just Getting Started

Dec 07, 2020 at 14:04 | Yousef Alshammari

Despite the OPEC+ decision to ease output cuts, oil prices have rallied over the past couple of weeks, supported by vaccine news and the start of vaccination campaigns across the…

Can China’s Most Popular EV Conquer Europe?

Dec 07, 2020 at 13:02 | Tsvetana Paraskova

A new US$4,400 China-made city car overtook the Tesla Model 3 as the best-selling electric vehicle (EV) in China this August, and has been the top-selling EV in…

Oil Is Key In Russia’s Rapprochement With Azerbaijan

Dec 07, 2020 at 12:03 | Charles Kennedy

It is oftentimes said that the Middle East is the most complicated region in our world, however the Southern Caucasus would certainly take issue with that assumption. The…

Iraq To Budget For $42 Oil In 2021

Dec 07, 2020 at 11:02 | Irina Slav

Iraq will draft its budget based on an average oil price of $42 per barrel for next year, oil minister Ihsan Abdul Jabbar Ismail said this weekend at an event…

The 'Biggest Ever' Flotilla Of Iranian Tankers Is En Route To Venezuela

Dec 07, 2020 at 10:18 | ZeroHedge

It appears both Iran and Venezuela are ready and willing to test the outgoing Trump administration in a major gambit to skirt sanctions in a crude and fuel export scheme.…

Iran Prepares For Oil Export Boost

Dec 07, 2020 at 09:01 | Irina Slav

Iran is preparing to start expanding its crude oil exports ahead of Joe Biden's inauguration in January in a clear sign it expects better bilateral relations with the U.S. during…

Shale Executives See Little Chance Of Significant Growth

Dec 04, 2020 at 16:42 | Irina Slav

Crude oil production in the United States has been on the rise, topping 10.86 million bpd in September—the highest since May. Still, it’s…

Top Oil Stocks For Investors This December

Dec 04, 2020 at 16:38 | Irina Slav

Energy was one of the hardest-hit industries by the coronavirus pandemic. It was, without exaggeration, pummeled into the ground, with demand destruction causing dozens of bankruptcies among oil…

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