Battery storage was the fastest-growing…
Crude oil prices went lower…
Earlier this year, the price…
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 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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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 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…
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…
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…
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…
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…
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…