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Energy

Libya Is On The Brink Of A Major Military Conflict

Jul 10, 2020 at 17:00 | Cyril Widdershoven

Global oil market analysts are carefully watching the latest news emerging from Africa’s (potentially) largest oil producer. In an unexpected move, Libya's National Oil Corporation (NOC) stated lifted…

Oil Price Crash Sparks A Wave Of Banking Mergers In The Middle East

Jul 10, 2020 at 17:00 | Alex Kimani

The historic oil price crash and Covid-19 pandemic have left major producers of the commodity in a deep economic crisis. Dramatic production cuts by OPEC+ has exacerbated the…

The Most Desirable Crude Oil On The Market

Jul 10, 2020 at 16:53 | Haley Zaremba

China bought up so much oil during April and May’s oil price crash that now they don’t know what to do with it all. A huge volume of…

Scientists Find Way To Convert Water Droplets Into Energy

Jul 10, 2020 at 16:53 | Tsvetana Paraskova

Scientists have been trying for years to harvest energy from the movement and impact of water droplets and other sources of mechanical energy. Researchers from the…

Oil Market Tightens But COVID-19 Could Spoil The Rally

Jul 10, 2020 at 16:49 | Nick Cunningham

Global oil demand has rebounded somewhat faster than previously thought, although the spread of the coronavirus in the United States and Latin America is “casting a shadow over…

The U.S. Is Determined To Dominate Global Natural Gas Markets

Jul 10, 2020 at 16:48 | Robert Rapier

This article is the third in a series on the BP Statistical Review of World Energy 2020. The Review provides a comprehensive picture…

Dakota Pipeline Shutdown Could Constrain Crude Exports

Jul 10, 2020 at 16:45 | Rystad Energy

A US district court has ruled that the largest outbound Bakken pipeline – the Dakota Access Pipeline or DAPL – shall be emptied within 30 days. If this…

Will Trump’s Proposed ESG Regulation Help Big Oil?

Jul 10, 2020 at 16:44 | Haley Zaremba

Even before the novel coronavirus pandemic battered global oil markets and gave what could certainly be a coup de grace to the coal sector, the fossil fuels industry…

Oil Returns To $40 After COVID Correction

Jul 10, 2020 at 12:27 | Josh Owens

Oil prices fell on Thursday as COVID-19 cases continued to spike in the U.S., which the IEA  highlighted as a major threat to oil markets in today’s report, but prices…

U.S. Rig Count Falls For 18th Week In A Row

Jul 10, 2020 at 12:13 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week, by 5, to 258, marking the eighteenth loss in the…

U.S. Natural Gas Production, Consumption And Exports Hit Record In 2019

Jul 10, 2020 at 11:02 | Tsvetana Paraskova

The United States produced, consumed, and exported record volumes of natural gas last year, following years of rising output due to fracking and horizontal drilling, the Energy Information Administration (EIA) 

Is This The Right Time To Go Short On Fuel Cell Stocks?

Jul 10, 2020 at 10:43 | Editorial Dept

Back in May, I wrote a piece here recommending buying fuel cell stocks, specifically FCEL and BLDP. My logic then was that, while the market hunger for risk made no…

Oil At A Crossroads As COVID-19 Infections Surge

Jul 10, 2020 at 10:21 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are trading mixed at the end of the week and poised to close lower for the week as inventories rose and record-breaking new…

The Battle For Libya’s Oil Heats Up

Jul 10, 2020 at 10:21 | Editorial Dept

Politics, Geopolitics & Conflict - The battle for Libya is threatening to turn into direct clashes between the Turkish and Egyptian militaries, now that Turkey has categorically rejected Egypt’s ceasefire…

The Largest Oil Inventory Increase In History

Jul 10, 2020 at 10:20 | Editorial Dept

1. The oil market’s massive inventory problem- Oil inventories increased in the second quarter at…

An Ugly Week For U.S. Shale

Jul 10, 2020 at 10:20 | Editorial Dept

This week was an ugly one for American shale: Several pipeline projects--both those existing and in the works--took severe hits that will have a profound effect on the shale industry…

Libya Lifts Force Majeure On All Oil Exports

Jul 10, 2020 at 09:57 | Charles Kennedy

After six months of port blockades and no exports, Libya’s National Oil Corporation (NOC) said on Friday that it lifted force majeure on all oil exports from Libya, potentially giving OPEC+…

The Oil Bulls Betting On $150 Crude

Jul 10, 2020 at 09:20 | Tsvetana Paraskova

The current oil crisis will severely depress investments in new oil production, setting the stage for oil prices hitting $100 or even $150 a barrel over the next five years,…

Crude Oil Shortages Beginning To Bite In Key Markets

Jul 09, 2020 at 17:08 | Alex Kimani

Last month, OPEC and its non-OPEC allies, known as OPEC+, agreed to extend their deep production cuts through July in an effort to rebalance oversupplied markets in the face of pandemic-hit demand.…

Big Oil’s Petrochemical Bet Has Hit A Snag

Jul 09, 2020 at 16:47 | Nick Cunningham

As oil markets are slowly recovering from the oil price bust in April, big oil is facing a set of new challenges in the next couple of years.…

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