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Energy

Trade Talks Loom Over Oil

Oct 08, 2019 at 13:58 | Tom Kool

Exclusive Offer For Oilprice Readers: Imagine paying only $3 at the pump to fill your entire gas tank with a fuel that’s…

California Could Be 100 Years Late In Meeting 2050 Emissions Target

Oct 08, 2019 at 13:41 | Tsvetana Paraskova

At its current pace of emissions reductions, California could be 100 years too late in meeting its 2050 emissions target, as rising wildfires, transportation, and landfills emissions undermine progress in…

Iran Admits U.S. Sanctions Dealt ‘’Deadly Blow’’ To Its Oil Industry

Oct 08, 2019 at 11:57 | Tsvetana Paraskova

Iran’s oil industry has been falling behind because of the U.S. sanctions, but Tehran will resist, Iranian media quoted Oil Minister Bijan Zanganeh as saying on Tuesday. “The conditions…

Oil Slides On Trade War Anxiety

Oct 08, 2019 at 10:56 | Tsvetana Paraskova

Oil prices dropped on Tuesday morning, as market participants become more anxious about the next round of U.S.-China trade talks later this week, after the U.S. blacklisted multiple Chinese firms…

$10 Oil - How Far Could Oil Prices Fall If We See A 2009 Style Crash?

Oct 07, 2019 at 17:05 | Julianne Geiger

While predictions about volatile oil prices abound, one theme keeps popping up: geopolitical risk premium. First it was theories about a closure at the Strait of Hormuz. Then it was…

Tech Breakthrough: Is This The End Of Lithium-Ion Batteries?

Oct 07, 2019 at 16:36 | Julianne Geiger

The soon-to-be $92.2 billion battery market just got a huge boost. Scientists have just created the world’s first long-cycle Li-Carbon Dioxide battery, and in a market-shredding first: it’s fully…

It’s All Or Nothing For Oil As Trade Talks Restart

Oct 07, 2019 at 16:14 | Nick Cunningham

The stakes are high for the global economy as U.S. and Chinese negotiators restart trade talks this week after months of silence and tit-for-tat tariff increases. As economic growth continues…

Brimming Storage And No Buyers: Venezuela’s Oil Production Tanks

Oct 07, 2019 at 13:36 | Nick Cunningham

Venezuela’s oil production took another hit in recent days, as the country struggles with brimming storage tanks and no buyers. PDVSA slashed output in the Orinoco Belt to just 200,000…

How Satellites Revolutionize Oil Trading

Oct 07, 2019 at 13:32 | Irina Slav

The oil industry’s increasingly enthusiastic adoption of digital technology has been garnering more and more attention recently. Yet another field of technology has been making inroads into traditionally analog territory…

Platts: OPEC Oil Production Falls Most In 17 Years After Saudi Oil Attacks

Oct 07, 2019 at 12:14 | Tsvetana Paraskova

OPEC saw its crude oil production plummet by the most in 17 years in September as the attacks on critical oil infrastructure in its largest producer Saudi Arabia took 5.7…

In Major Blow To Iran, China Withdraws From World’s Largest Gas Field

Oct 07, 2019 at 10:17 | Irina Slav

China’s CNPC is no longer a partner in the 11 phase of development of the giant South Pars gas field in Iran, the country’s oil minister Bijan Zanganeh. State news…

‘’Tesla May Lose 80% of Its Value’’

Oct 07, 2019 at 10:02 | Tsvetana Paraskova

Tesla could lose more than 80 percent of its value or disappear altogether, a NYU professor of business said a few days after Tesla reported record deliveries for the third…

Oil Bounces Back After Hedge Fund Selling Spree

Oct 07, 2019 at 09:18 | Tsvetana Paraskova

Hedge funds have already left behind the attacks on Saudi oil infrastructure in mid-September and have been net sellers of petroleum futures in the past two weeks as gloomy outlooks…

Oil Slumps Again… Will OPEC Act?

Oct 04, 2019 at 16:36 | Nick Cunningham

Saudi Aramco has fully restored the damaged production from the Abqaiq and Khurais facilities from just a few weeks ago, an impressive turnaround in such a short period of time.…

Capital Flight Is Killing The US Shale Boom

Oct 04, 2019 at 16:34 | Nick Cunningham

The growth in U.S. shale production is grinding to a halt as low prices put drillers in a financial vice. The slowdown has been unfolding for much of 2019, but…

Is Bill Gates Right On Energy Investing?

Oct 04, 2019 at 16:29 | Leonard Hyman & William Tilles

Not long ago, Bill Gates offered some investment advice. That, in itself, constitutes news, but the content and the reactions make up a more interesting story. Gates…

The Oil Majors Leading The M&A Boom In Oil And Gas

Oct 04, 2019 at 16:26 | Rystad Energy

European supermajors BP and Shell occupy the top spots on opposite sides of Rystad Energy’s M&A ranking for the oil and gas sector during the last five-year period. Rystad Energy…

World’s Leading Nat Gas Producer Is About To Get Even Bigger

Oct 04, 2019 at 16:22 | Oxford Business Group

On September 9 Saad Sherida Al Kaabi, minister of energy as well as president and CEO of state-owned Qatar Petroleum (QP), announced that the country had shortlisted a number of…

Oil Markets: Everything Is About Weak Demand

Oct 04, 2019 at 13:02 | Tom Kool

Oil prices recovered somewhat early on Friday morning, but handed in gains by noon as traders continue to worry about the state of the global economy.

Opportunities In A Struggling Energy Sector

Oct 04, 2019 at 12:56 | Editorial Dept

Watch These Two Oil Stocks With Big Things Coming, Good and BadTwo of the most promising oil stocks out there right now are Apache Corporation (NYSE: APA) and…

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