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The Cold Hard Truth About Renewable Energy Adoption

The Cold Hard Truth About Renewable Energy Adoption

The energy transition, while necessary,…

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Energy

Russia’s Oil Production Rises Ahead Of OPEC+ Meeting

Mar 02, 2020 at 12:03 | Tsvetana Paraskova

Russia’s average oil production increased to 11.29 million barrels per day (bpd) in February, up by 3.2 percent on the year and slightly up from 11.28 million bpd in January,…

Huge Red Flag For Oil: Global Economic Growth Could Be Cut In Half

Mar 02, 2020 at 10:53 | Tsvetana Paraskova

A prolonged and wide-ranging coronavirus outbreak could cut global economic growth to just 1.5 percent this year, half the growth rate expected before the outbreak, and send Japan and the…

Putin Hints Russia May Participate In Newest Round Of OPEC Cuts

Mar 02, 2020 at 09:27 | Irina Slav

Russia’s President Vladimir Putin has hinted that Russia may once again join OPEC in its efforts to stimulate oil prices even though Russia itself has no problem with current price…

Shale Drillers Need A Miracle To Keep Production From Falling

Feb 28, 2020 at 17:26 | Irina Slav

With West Texas Intermediate falling below $45 a barrel after the latest burst in coronavirus panic, U.S. shale oil and gas producers are feeling growing heat. Except for the Permian,…

Are Oil Majors Facing A Terminal Decline?

Feb 28, 2020 at 17:26 | Nick Cunningham

ExxonMobil saw its share price nosedive by roughly 15 percent in the past week, one in a series of oil companies that finds itself in a freefall. Four other oil…

The Ultimate Guide To Well Logging

Feb 28, 2020 at 17:24 | Michael Kern

What is Well Logging? Well logging is the practice of recording and analyzing various kinds of data about the rock formations around a borehole during or after drilling. Also called…

Markets Unfazed By $100 Billion Saudi Shale Plan

Feb 28, 2020 at 17:17 | Charles Kennedy

For a commodity going through one of its worst slumps ever, you would think that a major oil company bringing more of it to an already flooded market would cause…

China’s Oil Demand Could Rebound Sooner Than Expected

Feb 28, 2020 at 17:13 | Tsvetana Paraskova

China’s fuel demand has materially weakened after the coronavirus outbreak forced authorities to lock down cities and discourage travels. Some estimates put the current demand loss in China at around…

How Markets And The Media Have Overhyped Coronavirus

Feb 28, 2020 at 17:05 | Editorial Dept

In my last article, Are Oil Markets Overreacting To The Coronavirus?, I warned of the power of media hype when it comes to epidemics. The human brain has a…

EV Battery Breakthrough: Twice The Range, Five Minutes To Charge

Feb 28, 2020 at 17:05 | Irina Slav

The amount of research being done into better batteries for electric cars is perhaps the clearest indication of how high the stakes are in the car world. Breakthrough after breakthrough…

What’s Next For Omani Oil?

Feb 28, 2020 at 17:00 | Viktor Katona

On January 10, 2020 Qaboos bin Said, the Sultan of Oman passed away, leaving no heir. The official Omani legal statute would have provided the extended royal family 3 days…

Spending Jeff Bezos’ $10 Billion For Climate Change

Feb 28, 2020 at 16:53 | Robert Rapier

Last week Jeff Bezos, founder, president and CEO of Amazon — and the world’s richest person — announced in an Instagram post that he would commit $10 billion toward fighting…

Coronavirus Panic Is Causing A Worst-Case Scenario For Oil

Feb 28, 2020 at 16:34 | Julianne Geiger

As the World Health Organization on Friday upgraded its global risk assessment for the coronavirus to “very high”, anxious oil markets are wondering when might be a good time to…

Coronavirus Meltdown Continues As Brent Drops Below $50

Feb 28, 2020 at 12:14 | Tom Kool

As fears of the coronavirus outbreak reaching pandemic levels continue to spread, markets have taken a beating. Investors are panic selling and nearly every sector is plummeting. 

U.S. Oil Rig Count Inches Lower Amid Coronavirus Panic

Feb 28, 2020 at 12:14 | Julianne Geiger

Baker Hughes reported that the number of oil and gas rigs in the US fell this week by 1 to 790, with the total oil and gas rigs clocking in…

How China Could Ignite An Oil Price Rebound

Feb 28, 2020 at 11:00 | Editorial Dept

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures hit multi-year lows on Friday and were set for their steepest weekly decline in more than four years as the…

Restarting China’s Economy

Feb 28, 2020 at 10:59 | Editorial Dept

1. China tries to restart its economy- China has begun to clear a backlog of…

Coronavirus Causes Crude And Natural Gas Price Crash

Feb 28, 2020 at 10:58 | Editorial Dept

Market Movers - Saudi Arabia is trying to pull out all the stops, so media reports say, citing anonymous sources, upping the ante for OPEC members by asking them to…

When Will The Coronavirus Hysteria End?

Feb 28, 2020 at 10:56 | Editorial Dept

Oil is set for its worst week since the financial crisis. I will freely admit that that has taken me somewhat by surprise, but then as a logical person, illogical…

Saudi Arabia’s Fight To Retain Regional Power

Feb 28, 2020 at 10:54 | Editorial Dept

Gulf Oil Money: The Significant Fade-Away Gulf money is everywhere, but it won’t last, and nor will the reputations of the nations who hold it. The Saudi Crown Prince is…

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