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Big Oil’s Carbon Capture Conundrum

Big Oil’s Carbon Capture Conundrum

Energy experts and environmentalists express…

Russia's LNG Expansion Plans Hit the Wall

Russia's LNG Expansion Plans Hit the Wall

The Kremlin has set an…

Energy

Oil Posts Its Worst Quarter Of The Year

Oct 02, 2019 at 12:13 | Editorial Dept

It seems this was all there could be in a groundbreaking attack on the planet’s most crucial oil infrastructure – two weeks of turmoil and crude prices start decreasing again…

Recession Risk Poses Major Threat For North American Oil

Oct 02, 2019 at 12:03 | Tsvetana Paraskova

The U.S.-China trade war and geopolitical flare-ups could threaten the growth of North America’s upstream oil and gas as oil market volatility and the specter of global recession rise,

Russian Energy Minister: World Oil Demand To Grow By 1.4 Million Bpd In 2020

Oct 02, 2019 at 10:59 | Tsvetana Paraskova

Global oil demand growth has slowed down this year on the back of the trade disputes and could be just 1 million barrels per day, but expectations are that as…

Bearish Inventory Report Sends Oil Prices Lower

Oct 02, 2019 at 09:41 | Irina Slav

Crude oil prices fell further today after the Energy Information Administration reported an inventory build of 3.1 million barrels for the week to September 27. Analysts had expected…

Shipping U.S. Oil To Asia Just Got A Lot More Expensive

Oct 02, 2019 at 09:29 | Irina Slav

Shipping rates for oil tankers leaving the United States bound for Asia jumped to three-year highs after Washington sanctioned several Chinese tanker operators for alleged violations of…

US Shale Production Is Set For A Steep Decline

Oct 01, 2019 at 16:41 | Nick Cunningham

U.S. oil production fell in July, another worrying sign for the shale industry. The latest EIA data shows that oil output fell sharply in July, dipping by 276,000 barrels per…

Should Markets Worry About Falling Saudi Oil Inventories?

Oct 01, 2019 at 14:49 | Robert Rapier

Bloomberg is reporting that Saudi Aramco has restored oil production levels at the crude-processing plants at Abqaiq and at the Khurais oil field. Multiple reports that Saudi’s production would be back online quickly…

Is This The End Of The Lithium-Ion Battery?

Oct 01, 2019 at 14:38 | Tsvetana Paraskova

Researchers have been in a race to find ways to improve lithium-ion batteries. They are also looking to develop alternatives to the lithium-ion battery that would be lower cost…

OPEC Chief Invites All 97 Oil Producers To Join OPEC+ Coalition

Oct 01, 2019 at 12:27 | Tsvetana Paraskova

Increased cooperation is the best recipe for overcoming intensified uncertainties and heightened volatility on the global oil market, OPEC Secretary General Mohammad Barkindo said this week, inviting all 97…

False Optimism In Oil Won’t Last

Oct 01, 2019 at 12:21 | Tom Kool

Investor Alert: Get your copy of our exclusive Investing in the Trillion Dollar Space Race report. There is a reason that Jeff Bezos, Elon Musk and Richard…

Poland: Zero Emissions Is A Trillion-Dollar Fantasy

Oct 01, 2019 at 11:33 | Irina Slav

Reducing emissions in Poland to zero will cost the country between $760 and $980 billion (700-900 billion euro), said Energy Minister Krzysztof Tchorzewski, as quoted by Reuters. “Of course,…

Brent Oil Falls Below $60 After Saudis Restore Production

Oct 01, 2019 at 10:18 | ZeroHedge

Despite the worst attack on its infrastructure in the oil giant's 80-year-plus history, Saudi state-owned oil giant Aramco has succeeded in making all of its shipments in the month…

Oil Pirates: The Gulf Of Mexico’s Billion Dollar Problem

Oct 01, 2019 at 09:33 | Irina Slav

Pirate activity in the Gulf of Mexico is on the rise and so is oil theft from platforms operating in the area, Fox News reports, with losses for Pemex…

$300 Oil: What If The Attacks In Saudi Arabia Had Destroyed Production?

Sep 30, 2019 at 16:53 | Irina Slav

Saudi Arabia’s Crown Prince Mohammed bin Salman (MBC) has told CBS that oil could reach “unimaginably high numbers” if a war with Iran were to erupt, which he suggested…

Trump’s Latest Trade War Move Sends Oil Tanking

Sep 30, 2019 at 16:39 | Nick Cunningham

Oil prices fell again on Monday on waning hopes of a breakthrough in the U.S.-China trade war. Late last week, Bloomberg reported that the Trump administration was considering more…

Big Oil Fights For Its Life

Sep 30, 2019 at 16:19 | Tsvetana Paraskova

Just as Big Oil has returned to growing profits after the 2015-2016 price crash, the world’s largest oil companies are facing another formidable challenge amid growing calls from activists, shareholders,…

It’s “Feast-to-Famine” For The Global Gas Industry

Sep 30, 2019 at 16:02 | Nick Cunningham

The oil majors have been piling into bets on natural gas in recent years, viewing gas as a more durable source of demand growth than oil for…

OPEC’s September Oil Production Falls To Near Decade-Low

Sep 30, 2019 at 13:43 | Julianne Geiger

OPEC’s oil production has fallen to a near decade low for September, according to the latest Reuters survey, falling below 29 million barrels per day, with Saudi Arabia accounting…

This High-Profile Gas Deal Upends Regional Geopolitics

Sep 30, 2019 at 12:34 | Vanand Meliksetian

The discovery of major energy deposits in the Eastern Mediterranean has raised the region's importance to consumers in primarily Europe. The promise of wealth and energy security is driving competition…

Erdogan: It's "Impossible" For Turkey To Stop Iranian Oil & Gas Imports

Sep 30, 2019 at 11:59 | ZeroHedge

Returning from the United Nations General Assembly in New York, Turkish President Tayyip Erdogan told reporters Friday that it remains "impossible" for Turkey to halt its oil and gas purchases…

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