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Battery Storage Is the No. 1 Energy Investment Playground

Battery Storage Is the No. 1 Energy Investment Playground

Battery storage was the fastest-growing…

Large Crude Inventory Build Rocks Oil Prices

Large Crude Inventory Build Rocks Oil Prices

Crude oil prices went lower…

Carbon Price Crash Threatens EU Transition Funds

Carbon Price Crash Threatens EU Transition Funds

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Energy

Libya’s Fragile Oil Renaissance Is Under Threat

Apr 17, 2019 at 16:43 | Nick Cunningham

Libya’s oil production has yet to suffer disruptions, even as oil prices have climbed on fears of potential outages. However, the longer fighting drags on, the more likely Libya’s oil…

The Genius Solution To The Electric Bus Problem

Apr 17, 2019 at 16:02 | Nick Cunningham

The electric bus revolution is about to take off. While the prospect of major advances in electric buses receive a small fraction of the attention that electric vehicles receive, the…

This Tweak Could Be A Gamechanger For Lithium-Ion Batteries

Apr 17, 2019 at 14:20 | Irina Slav

Lithium ion batteries may soon be able to charge much faster thanks to what seems like a simple substitution of one mineral for another in the battery’s cathode. Researchers from…

The Oil Price Anomaly Turning Into A Trend

Apr 17, 2019 at 12:56 | Editorial Dept

For the first time this year, global benchmark Brent hit a record of $72 per barrel on Wednesday, palpably reinvigorating crude market sentiment around the globe. Even though China’s Q1…

The Exceptional Factors Driving Oil Markets

Apr 17, 2019 at 12:54 | Ross McCracken

Brent crude moved over $70/barrel in the first half of April, despite a weak global economy. In its latest World Economic Outlook, the IMF reduced both its estimate of global…

This Is A Crucial Moment For Arctic Oil

Apr 17, 2019 at 12:53 | Editorial Dept

The last two weeks have seen quite a flurry of news about Russia taking its Arctic projects to the next level, tapping into the “colossal” reserves of this still somewhat…

Global Intelligence Report - 17th April 2019

Apr 17, 2019 at 12:50 | Editorial Dept

Geopolitical Notebook Oilprice Assets on the Ground in Tripoli… Haftar’s Problem With Libya’s Oil Revenues This week, Oilprice.com was on the ground in Tripoli, reporting from the Ain Zara District,…

Russia’s Shadow Hangs Over Oil Markets

Apr 17, 2019 at 12:46 | Editorial Dept

Last week’s note had a geopolitical focus as we laid out why we think Donald Trump will have an outsized impact on oil prices this Spring. Our theory here is…

U.S. Shale Is Upending Crude Flows In This Oil Frontier

Apr 17, 2019 at 12:45 | Tsvetana Paraskova

The U.S. shale boom is upending global oil markets as far as crude flows from West Africa to Europe and other parts of the world, and is squeezing in particular…

Is Carbon Capture And Storage Unavoidable?

Apr 17, 2019 at 12:43 | Ross McCracken

Carbon Capture and Storage (CCS) has so far been more notable for its failures than its successes. In North America, only two commercial-scale post-combustion projects have been completed, both retrofitted…

Foreign Carmakers Fight Uphill Battle Against Chinese EV Giants

Apr 17, 2019 at 11:42 | Irina Slav

With China’s notoriety as the world’s largest electric-vehicle market, it’s hardly any wonder that all international carmakers are vying for a piece of the EV pie that is only going…

The Giant Floating LNG Project You’ve Never Heard Of

Apr 17, 2019 at 10:20 | Viktor Katona

One of Africa’s brightest LNG prospects, Tortue FLNG is edging increasingly closer to its estimated commissioning date, 2022. It is one of the largest deepwater gas find of recent years…

Oil Rebounds On Bullish Inventory Data

Apr 17, 2019 at 09:50 | Irina Slav

Crude oil prices inched higher after the Energy Information Administration today reported a 1.4-million-barrel crude draw, accompanied by a draw in gasoline stockpiles. These, according to the authority, shed…

Oil Could Fall To $40 If OPEC Abandons Its Deal

Apr 16, 2019 at 17:30 | Tim Daiss

In more proof that U.S. oil production is continuing to alter global oil markets, Russia’s finance minister Anton Siluanov said on Saturday that Russia and OPEC might decide to…

Scientists Find Oil-Eating Superbacteria On Bottom Of The Ocean

Apr 16, 2019 at 16:29 | Haley Zaremba

Scientists from Ocean University in Qingdao, China and the University of East Anglia in Norwich, England have made an incredible discovery that could one day save the planet from the…

The 2020 Elections Could Be A Turning Point For Oil & Gas

Apr 16, 2019 at 16:25 | Nick Cunningham

Under the next president, U.S. oil and gas companies could lose access to fracking on federal lands. Democratic presidential candidate Elizabeth Warren has proposed a ban on new drilling on…

Could This Be The Next High Profile Permian Takeover?

Apr 16, 2019 at 12:42 | David Messler

Chevron put the Oilfield M&A game in motion on Friday, with their announcement of a cash and stock offer for Anadarko Petroleum. The oil industry is ripe for some M&A…

Oil Bulls Undaunted By OPEC Fears

Apr 16, 2019 at 11:50 | Tom Kool

Trader Alert: For the first time ever, Oilprice.com is making its annual Top 50 Oil & Gas Companies report available to members. Sign up to…

U.S. Energy Consumption Hits All-Time Record

Apr 16, 2019 at 10:37 | Irina Slav

Energy consumption in the United States reached an all-time high last year, data from the Lawrence Livermore National Laboratory showed. According to the laboratory, the United States consumed 101.2…

Red Hot Permian Set To Jolt U.S. Shale Output To New Record

Apr 16, 2019 at 10:26 | Tsvetana Paraskova

Crude oil production from the seven key shale regions in the United States is expected to increase by 80,000 bpd from April to hit a record 8.46 million bpd in…

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