• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 18 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 4 days They pay YOU to TAKE Natural Gas
  • 23 hours How Far Have We Really Gotten With Alternative Energy
  • 1 day What fool thought this was a good idea...
  • 4 days Why does this keep coming up? (The Renewable Energy Land Rush Could Threaten Food Security)
  • 10 days The United States produced more crude oil than any nation, at any time.

Energy

Russia Is Quickly Becoming The Most Dominant Force In Energy

Jun 01, 2020 at 12:42 | Defense and Foreign Affairs

Moscow’s oil pricing dispute with the Government of Saudi Arabia, a domestic U.S. oil boom, and a fall in global oil demand since the COVID19 outbreak…

Oil Majors Face Another Impossible Decision

Jun 01, 2020 at 11:54 | Tsvetana Paraskova

The oil industry only has two choices as it reshapes itself after the oil price crash — either become broader energy firms or pursue a narrower specialization in oil and…

Three Reasons Oil Prices Are Bouncing Back

Jun 01, 2020 at 11:14 | Robert Rapier

Oil prices have come a long way since the deep dive into negative territory a month ago. One could argue that the price of West Texas Intermediate (WTI)…

Suncor: Energy Transition Will Destroy Oil Demand

Jun 01, 2020 at 11:00 | Tsvetana Paraskova

Low-carbon technologies could disrupt global oil demand in the not-too-distant future the way COVID-19 crushed demand during the lockdowns worldwide, Mark Little, chief executive of one of Canada’s largest oil…

Saudi Arabia Could Set Trend For Higher Oil Prices In June

Jun 01, 2020 at 09:45 | Tsvetana Paraskova

Saudi Arabia is likely to increase the price for its oil bound for Asia in July, a Reuters survey of five refinery sources showed on Monday.  This is the second consecutive…

OPEC+ Could Hold Its Next Meeting This Week

Jun 01, 2020 at 08:57 | Irina Slav

The next OPEC+ meeting, initially scheduled for June 9-10, could take place earlier than expected according to a Reuters report that cites a letter from the OPEC president of…

The World Has Too Many Oil Refineries

May 29, 2020 at 17:38 | Nick Cunningham

At the start of the global pandemic in March, refineries around the world had to cut back on processing amid collapsing demand. However, there is a structural problem…

U.S. Shale Isn't Losing Sleep Over The 2020 Elections

May 29, 2020 at 17:27 | Alex Kimani

The battle lines are already drawn in a high-stakes political contest that will ostensibly determine the fate of the American shale industry. On the blue corner is former…

Solar Stocks Are Leading The Energy Market Recovery

May 29, 2020 at 17:23 | Tsvetana Paraskova

The COVID-19 pandemic has hit every part of the energy industry, but investments in renewables are set to drop the least, while renewable energy stocks have outperformed the…

The Uncertain Future Of America’s Most Controversial Pipeline

May 29, 2020 at 17:18 | Julianne Geiger

The U.S. Presidential election coming up in November may well decide the fate of the infamous Keystone XL oil pipeline, with the conservative right and the liberal left…

A Nightmare Scenario For Offshore Oil

May 29, 2020 at 17:17 | Michael Kern

Between low demand, soaring inventories, depressed prices, a global pandemic, and now, hurricane season, it seems a perfect storm is forming around the offshore oil industry. 

Is Lebanon’s Natural Gas Boom Dead In The Water?

May 29, 2020 at 17:15 | Viktor Katona

Is Lebanon’s Natural Gas Boom Dead In The Water?   Description: Absent any discovery thus far, there has been little talk as to what to do with Lebanon’s…

Oil Market Could See Long Term Contango

May 29, 2020 at 13:16 | Tsvetana Paraskova

The oil market could stay in a state of contango for longer after supply and demand finally balance due to the vast amount of crude and products in storage, Reuters…

Oil Prices Slide As U.S.-China Tensions Return

May 29, 2020 at 12:35 | Tom Kool

The recent move by China to pass a national security law in Hong Kong has reignited tensions between Washington and Beijing. Those tensions are now threatening over $52 billion in…

Oil And Gas Rig Count Falls For Ninth Straight Week

May 29, 2020 at 12:23 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 17, falling to 301, with the total oil and…

The Next Big Wildcard For Oil Markets

May 29, 2020 at 11:10 | Editorial Dept

U.S. West Texas Intermediate crude oil is edging lower at the end of the week with prices being dragged down by weak U.S. fuel demand, fears of a second wave…

The Shale Bust Has Arrived

May 29, 2020 at 11:08 | Editorial Dept

1. Shale bust is here- Shale wells decline somewhere between 70 and 90 percent from…

2 Hot Hydrogen Stocks Right Now

May 29, 2020 at 11:06 | Editorial Dept

To be honest, the strong rally we are seeing in the stock market right now has me a bit confused. I look around at a country with around fifteen percent…

Three Key Events In The Global Oil Patch

May 29, 2020 at 11:06 | Editorial Dept

Three Events to Watch in the Global Oil Patch First, while the markets are again overly obsessed with OPEC news (particularly in the aftermath of an oil price war), all…

New Spat Between U.S. And China Could Crush $52 Billion Energy Deal

May 29, 2020 at 11:06 | Irina Slav

The latest escalation between the U.S. and China could compromise U.S. energy sales worth $52 billion that China pledged to make over the next few years as part of the…

Oilprice - The No. 1 Source for Oil & Energy News