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A Wave Of Consolidations Hit Canada’s Oil Patch

A Wave Of Consolidations Hit Canada’s Oil Patch

A wave of consolidation has…

BP Bombshell: India’s Oil Demand May Peak In 2025

BP Bombshell: India’s Oil Demand May Peak In 2025

India’s oil consumption may peak…

Second Wave Of COVID Could Crush Road Fuel Recovery

Second Wave Of COVID Could Crush Road Fuel Recovery

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Energy

This Drop In Oil Prices Is Only The Beginning

Sep 04, 2020 at 11:07 | Editorial Dept

Okay, I finally get to say it! It has been a big, interesting week for crude oil! After months of essentially range trading, with the main WTI futures contract, CL,…

Another Fossil Fuel Casualty From COVID

Sep 04, 2020 at 11:07 | Editorial Dept

Politics, Geopolitics & Conflict - The Navalny poisoning has even farther-reaching implications for geopolitics and oil than just the NordStream2 outcome. Under immense pressure for what masses of protesters say…

The Pipeline Pitting Politics Against Business

Sep 04, 2020 at 11:06 | Editorial Dept

NordStream Will Move Ahead, With or Without Poisonings Germany’s Merkel wants nothing more than Russia’s NordStream2 pipeline, which will deliver Russian gas directly to Germany, bypassing the two key opposing…

WTI Drops Below $40 Amid Stock Market Rout

Sep 04, 2020 at 10:49 | Julianne Geiger

Oil prices tumbled on Friday morning, preparing to finish out the week $3 per barrel less than last Friday’s level. It is the largest weekly drop since June. U.S. oil…

Canada Bets Big On Hydrogen To Boost Oil Production, Cut Emissions

Sep 04, 2020 at 10:00 | Charles Kennedy

The federal government of Canada and the provincial government of Alberta are each drafting hydrogen strategies to reduce emissions, which, in the case of Alberta, would allow it to cut…

Big Oil’s Risky Plastic Bet Could Lead To $400 Billion In Stranded Assets

Sep 04, 2020 at 08:58 | Irina Slav

Oil companies are risking some $400 billion in stranded assets with their focus on petrochemicals production growth that relies on strong growth in demand for plastics, Carbon Tracker has said…

The World’s Richest Men Are Still Betting Billions On Energy

Sep 03, 2020 at 17:30 | Julianne Geiger

If tech is king, then why are three of the world’s top 10 richest people in the energy business? The answer is simple: If you follow…

Bill Gates Backed Battery Maker Goes Public In $3.3 Billion Deal

Sep 03, 2020 at 16:52 | Tom Kool

QuantumScape, a 10-year old battery company backed by Volkswagen Group, is looking to go public through a reverse-merger with SPAC Kensington Capital Corp.

Tech Giants Are Sucking The Energy Out Of Ireland

Sep 03, 2020 at 15:55 | Michael Kern

As a country with one of the lowest corporate tax rates in the world, Ireland has always been a hub for Big Tech. In fact, its so-called Silicon…

Can Tesla Live Up To Its $400 Billion Valuation?

Sep 03, 2020 at 13:01 | Alex Kimani

By any yardstick, the world's most popular electric vehicle manufacturer, Tesla Inc. (NASDAQ:TSLA), is enjoying a banner year. Tesla's parabolic rally has been nothing short of…

What Explains The Sudden Drop In Oil Prices?

Sep 03, 2020 at 12:02 | Tsvetana Paraskova

Oil prices dropped on Thursday morning, extending losses from Wednesday’s close to the lowest levels in more than a month, after U.S. data showed gasoline demand is faltering despite major…

Cyprus Makes A Major Bet On LNG

Sep 03, 2020 at 10:46 | Vanand Meliksetian

The discovery of Cyprus’ first gas field, offshore in the Eastern Mediterranean, was reason for celebration in December 2011. Rising tensions with Turkey and the Covid-19 pandemic, however,…

Canadian Oil Prices Rise On Pipeline Shutdown

Sep 03, 2020 at 10:03 | Tsvetana Paraskova

The Canadian heavy oil benchmark rose on Wednesday after a pipeline carrying diluent necessary for oil sands production was shut down following a leak over the weekend, affecting production at…

Low Oil Prices Force Aramco To Delay LNG, Petchem Ambitions

Sep 03, 2020 at 09:09 | Irina Slav

Saudi state oil giant Aramco has delayed a petrochemicals project and a stake purchase in an LNG facility to conserve cash, Bloomberg reported, citing sources in the know who wished…

30 Years Of Drilling Data Points To A Rebound In U.S. Oil Production

Sep 02, 2020 at 16:36 | Tom Kool

While speculation continues about whether drilling activity in the U.S. oil patch has hit rock bottom yet, some analysts believe that the industry is already on the path…

Why No One Is Buying Up Shale Assets

Sep 02, 2020 at 16:18 | Irina Slav

Since the start of the year, 57 oil production and oilfield services companies have filed for Chapter 11 bankruptcy protection. Many more bankruptcies are on the way, all…

Iran Ramps Up Production At Supergiant South Pars Gas Field

Sep 02, 2020 at 16:09 | Simon Watkins

Reaching natural gas production of one billion cubic meters per day (bcm/d) has been one of the three core hydrocarbons resource strategies of Iran since the Islamic Republic…

3 Ways Artificial Intelligence Is Transforming The Energy Industry

Sep 02, 2020 at 16:00 | Alex Kimani

Back in 2017, Bill Gates penned a poignant online essay to all graduating college students around the world whereby he tapped

The Difference Between Green Energy And ‘Greenwashed’ Energy

Sep 02, 2020 at 14:03 | Haley Zaremba

For all the recent rhetoric about the impending global clean energy transition, make no mistake: the world still runs on fossil fuels. The energy mix may be changing,…

Saudi Arabia’s Oil Exports To The U.S. Slump To Lowest Level In Decades

Sep 02, 2020 at 13:35 | Tsvetana Paraskova

The world’s top oil exporter, Saudi Arabia, continues to try to tighten the world’s most transparently reported oil market by slashing crude oil shipments to the United States to the…

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