Commodity analysts at Standard Chartered…
The United States continues to…
Electric vehicles are rapidly gaining…
Even as Saudi Arabia’s oil production reached record levels, with total output hitting 11.1m barrels per day (bpd) in November 2018, the country is boosting levels of investment to ensure…
The Offshore Technology Conference (OTC) in Houston, Texas celebrates its 50th birthday this week, begging the question – what will the next 50 years hold for the…
Volatile crude prices and weak refining margins led to lower earnings at all five oil supermajors in the first quarter of 2019, suggesting that Big Oil shouldn’t stay complacent several…
Oil prices sank on Monday morning after President Trump decided to reignite the trade war with China just before it was supposed to be resolved. Trump took to twitter…
The European Union has promised to double its intake of U.S. liquefied natural gas over the next five years with the annual total reaching the equivalent of 8 billion cubic…
Tensions between Washington and Beijing could soon peak if China positions itself to defy President Trump’s repeal of Iranian oil sanctions waivers. On Saturday, noted Chinese analysts said that…
China stepped up purchases of Saudi oil in the first four months of this year as a private refiner is raising crude intake from the Kingdom that has secured term…
A key oil pipeline and a logistics base in Nigeria’s oil-rich Niger Delta have been impacted by a shutdown and protests, the operator of the facilities said on Monday, in…
Oil prices fell on Monday as President Donald Trump has threatened China to slap a 25-percent tariff on hundreds of billions worth of Chinese goods that have…
One of America’s most legendary investors, Warren Buffett, plans to invest heavily in energy, he revealed during the annual shareholders’ meeting of his principal investment vehicle Berkshire Hathaway. MarketWatch
A region in Australia has recently lifted a moratorium on fracking. Local companies aim to begin this year exploration of what they believe are huge shale gas reserves, potentially capable…
Shale production in West Texas continues to boom--so much so that shale oil and gas producers in the Permian Basin have more than they know what to do with. As…
Global oil market fundamentals are looking particularly bullish, from the OPEC+ production cuts, to the constraints of exports in Nigeria and the U.S. sanctions on Iran and Venezuelan. While oil…
Canada has plenty of oil, and demand is high, but the Canadian oil industry has nevertheless taken a major hit this year thanks to its persisting pipeline bottleneck. The Albertan…
Russia’s second largest natural gas producer, independent player Novatek, has signed up key participation from two state-owned Chinese oil majors in its massive Arctic LNG 2 project. The deals were…
In mid-2017, California Resources, (CRC), took off like a rocket, reaching a peak of over $50 a share before the world changed in early October of 2018. The…
Over the weekend, I saw a passing reference on Twitter to the declining energy content of gasoline. Intuitively I know this to be correct for reasons I discuss below. But the…
The world’s largest sovereign wealth fund—Norway’s US$1-trillion fund that has amassed its wealth from oil—earned US$84 billion in Q1 in the “strongest quarter ever”, boosted by technology and oil and…
Oil is turning bearish, despite all the speculative excitement of taking more Iranian crude off the market. The end of Iran sanctions waivers was officially on Thursday, but while oil…
1. Futures depict emerging oil supply glut (Click to enlarge)- Oil futures slipped into contango in the fourth quarter, a…