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  • 3 minutes Texas forced to have rolling brown outs. Not from downed power line , but because the wind energy turbines are frozen.
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Oil Is Hot Again, But For How Long?

Oil Is Hot Again, But For How Long?

From the pariah of industries…

EV Euphoria Sends Lithium Stocks Higher

EV Euphoria Sends Lithium Stocks Higher

The shares of the largest…

Energy

Is This The Beginning Of The End For Ecuador's Oil Industry?

Feb 16, 2021 at 14:06 | Matthew Smith

Major energy companies are becoming increasingly sensitive to drilling in high-risk environments such as the Arctic, Barents Sea and the Amazon Basin. A combination of highly volatile oil…

What The Media Isn’t Telling You About Texas Blackouts

Feb 16, 2021 at 12:59 | Leonard Hyman & William Tilles

Unprecedented winter storms hit Texas. The electricity grid cannot deal with excess of demand over supply. Prices soar. Rolling blackouts. Expect more says the grid operator. What the stories do…

Texas Freeze Raises Cost Of Charging A Tesla To $900

Feb 16, 2021 at 12:01 | Charles Kennedy

The electricity shortage in Texas amid the cold snap has sent spot electricity prices soaring so much that the surge in power prices equals a cost of $900 for…

$100 Oil: Big Banks Believe A New Oil Supercycle Is Beginning

Feb 16, 2021 at 10:56 | Julianne Geiger

Some of the world’s biggest names in oil trading and analyzing can’t seem to get on the same page when it comes to predicting what will happen next for the…

Gas Prices Hit Another High Amid Blackouts

Feb 16, 2021 at 10:03 | Irina Slav

After physical delivery gas prices hit $600 per million British thermal units in Oklahoma this past weekend, the commodity is now trading at $500 per mmBtu at two Midcontinent…

Oil Prices Head Higher As Texas Grapples With An Arctic Blast

Feb 16, 2021 at 09:04 | Liubov Georges

Crude and refined products futures on the New York Mercantile Exchange advanced on Tuesday, lifting West Texas Intermediate, Ultra-Low Sulfur Diesel (ULSD) and gasoline (RBOB) contacts to their highest price…

How India’s Hunger For Oil Could Transform The Middle East

Feb 15, 2021 at 17:57 | Simon Watkins

The release of a major report last week by the International Energy Agency (IEA) highlighting that India will make up the biggest share of energy demand growth from now until…

The Single Biggest Threat To The Electric Vehicle Boom

Feb 15, 2021 at 17:28 | Taika Cohen

2020 ushered in the start of the EV boom, but it could have a frightening aftershock. We’re already seeing some of the incredible triple-digit gains in EV companies like Tesla…

Rare Cold Snap Rattles The Heart Of U.S. Shale

Feb 15, 2021 at 16:33 | Julianne Geiger

The cold spell attacking Texas this week may be boosting oil prices, but it’s also causing oil refineries to shutter and pipeline operators to restrict their flow. On Monday, President…

Has This Record-Breaking Oil Rally Gone Too Far?

Feb 15, 2021 at 16:06 | Vanand Meliksetian

The Covid-19 pandemic has ravaged energy markets and decimated demand. Of the three fossil fuels, coal, natural gas, and oil, demand for the latter was affected most due to its…

Shipping Is The Next Big Industry To Go Net-Zero

Feb 15, 2021 at 14:45 | Irina Slav

When the International Maritime Organisation announced plans to significantly reduce the amount of sulfur ships were allowed to emit, the industry adjusted relatively quickly. After all, it was all about…

Russia: Oil Markets Have Rebalanced

Feb 15, 2021 at 13:41 | Tsvetana Paraskova

The global oil market is balanced and the current price of oil fully reflects this market situation, Russian Deputy Prime Minister Alexander Novak said in an interview with Russian…

Extreme Cold Snap Paralyzes Texas Refineries

Feb 15, 2021 at 13:05 | ZeroHedge

A brutal polar vortex has paralyzed much of Texas. Three million people are left without power as an extreme cold snap sends power demand to record highs. Energy infrastructure, such…

Robust Asian Demand Prompts Middle East Producers To Roll Over Oil Prices

Feb 15, 2021 at 12:05 | Viktor Katona

Caution has given way to the overly optimistic sentiment of late 2020, with most energy agencies cutting their estimates of 2021 crude demand. According to an industry consensus, global crude…

Hedge Funds Flocked To WTI Crude Ahead Of Texas Cold Snap

Feb 15, 2021 at 11:04 | Tsvetana Paraskova

Portfolio managers further increased their long positions in the most traded petroleum contracts, with bullish bets focused almost entirely on the U.S. benchmark WTI Crude, Reuters columnist John Kemp wrote…

U.S. Oil Prices Jump Above $60 Amid Texas Ice Storms

Feb 15, 2021 at 10:02 | Tsvetana Paraskova

The U.S. benchmark oil price rallied above $60 per barrel early on Monday, the highest price since January last year, as an Arctic winter blast swept through Texas, raising concerns…

U.S. Gas Prices Explode On Freezing Weather

Feb 15, 2021 at 08:50 | Irina Slav

U.S. natural gas prices hit record highs last week after the temperature in many parts of the country fell far below forecasts. In Oklahoma, gas traded at as much as…

5 Companies Betting Big On Futuristic Energy Tech

Feb 12, 2021 at 16:36 | Alex Kimani

With the clean energy shift beginning to gain serious momentum, the prime candidates for a sustainable future have been solar, wind, and to a lesser extent, geothermal energy and nuclear…

Can China Shake Its Dangerous Addiction To Oil?

Feb 12, 2021 at 14:47 | Haley Zaremba

In order to avoid the worst effects of global warming, the world will have to make drastic changes this decade. In a damning report released by the United…

Is The Caribbean Ready For An Oil Boom?

Feb 12, 2021 at 14:45 | Felicity Bradstock

As Trinidad and Tobago continue to explore for major oil and gas fields in the Caribbean region, the Bahamas Petroleum Co. has made a non-commercial oil discovery. 

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