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Big Oil May Not Support All Trump 2.0 Policies

Big Oil May Not Support All Trump 2.0 Policies

Trump's two primary campaign promises,…

Energy Efficiency is Critical for a Sustainable Future

Energy Efficiency is Critical for a Sustainable Future

Governments must prioritize energy efficiency…

U.S. Drilling Activity Slips

U.S. Drilling Activity Slips

The total number of active…

Energy

The Key Takeaways This Earnings Season

Feb 01, 2019 at 17:10 | Martin Tillier

Exxon Mobil and Chevron released fourth quarter earnings this morning, and the market cheered. After a period of misses, this morning’s release was the second consecutive beat of…

Canada’s Most Crucial Pipeline Comes Under Fire

Feb 01, 2019 at 17:00 | Nick Cunningham

Police and private security contractors have been quietly preparing to head off protests of a key oil pipeline in the U.S. Midwest in an effort to avoid another Standing Rock.…

Momentum Is Building For Oil

Feb 01, 2019 at 16:53 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures are trading higher on Friday with the market hovering slightly below highs not seen since November 21. The market is being boosted by…

Baker Hughes Upbeat About 2019

Feb 01, 2019 at 16:51 | Tsvetana Paraskova

Baker Hughes, a GE company sees a bright year ahead for its businesses, underpinned by solid growth in key oil and gas regions like the Middle East and the North…

Breakneck LNG Demand Surge In China Is History

Feb 01, 2019 at 16:40 | Tsvetana Paraskova

The world’s main liquefied natural gas (LNG) demand growth market, China, will continue to be the single largest source of LNG demand globally in 2019. However, the breakneck demand surge…

Georgia, Gazprom To Renegotiate Gas Transit Deal

Feb 01, 2019 at 16:35 | The Jamestown Foundation

The two-year contract between the government of Georgia and the Russian energy giant Gazprom on natural gas transit from Russia to Armenia expired on December 31, 2018 (Georgia Today,…

Japanese Gas Major To Ramp Up Overseas Investment

Feb 01, 2019 at 16:32 | Tim Daiss

In the aftermath of the  Fukushima nuclear disaster in 2011 that forced the subsequent shutdown of Japan’s 50 plus nuclear reactors, the country’s reliance on then-overpriced LNG spiked. For years…

Global Deepwater Oil Production To Hit New Record In 2019

Feb 01, 2019 at 14:10 | Tsvetana Paraskova

Global deepwater liquid production is set to jump by 700,000 bpd from 2018 to reach a record-high of 10.3 million bpd in 2019, thanks to new fields coming on stream…

Oil Rises 18% In Best January On Record

Feb 01, 2019 at 12:50 | Tom Kool

Oil prices rose almost 2 percent on Friday morning, closing higher for the week, with traders turning turned bullish once again as a result of lower OPEC+ supply and global…

U.S. Oil Rig Count Falls Sharply As Oil Prices Climb

Feb 01, 2019 at 12:14 | Julianne Geiger

Baker Hughes reported a sharp drop in the number of active oil and gas rigs in the United States this week. The total number of active oil and gas drilling…

ExxonMobil Leads In Exploration Successes In 2018

Feb 01, 2019 at 09:55 | Rystad Energy

Driven by its significant investment in Guyana, ExxonMobil is leader of the pack among the top oil and gas explorers of 2018, according to Rystad Energy’s annual exploration review. “ExxonMobil…

Platts: Chinese Independent Refiners Import Less Crude In January

Feb 01, 2019 at 08:05 | Tsvetana Paraskova

China’s independent refiners—typically known as ‘teapots’—imported a combined 2.72 million bpd of crude oil in January, down by 8.7 percent from December, a monthly S&P Global Platts survey of…

Global Outages Boost Oil Prices

Jan 31, 2019 at 16:25 | Nick Cunningham

Oil prices are on track for strong gains this week, and the price increases are not only the result of the crisis in Venezuela. The oil market received a boost…

The Next Big Threat For Oil Comes From China

Jan 31, 2019 at 16:21 | Philip Verleger

There is a widespread concern in the world regarding China’s decelerating economic growth. The slowdown, if it continues, threatens economic activity almost everywhere. Growth in Germany, for example, has already…

UAE Sets Record For Largest ‘Virtual’ Battery

Jan 31, 2019 at 16:06 | Irina Slav

The United Arab Emirates have a reputation for innovative investments, so it was only a matter of time—and after a recovery in oil prices—before the Gulf state started making headlines…

EU Still Aims To Circumvent U.S. Sanctions On Iran

Jan 31, 2019 at 12:33 | Cyril Widdershoven

European countries continue to find ways to circumvent U.S. sanctions on Iran, presenting a new payment channel in recent days. The new channel, called INSTEX, short for “Instrument…

The World’s Most Extraordinary Oil & Gas Company

Jan 31, 2019 at 11:49 | Vanand Meliksetian

Gazprom is, without doubt, the most important and influential company in Russia. The energy giant controls one of the world's largest and most impressive hydrocarbon reserves including an elaborate transportation…

Reuters Survey: OPEC Production Drops Most In Two Years

Jan 31, 2019 at 10:21 | Tsvetana Paraskova

OPEC’s crude oil production in January dropped by a massive 890,000 bpd compared to December—the largest monthly decline in the cartel’s production since January 2017 when the initial production cut…

Oil Rallies As Saudis Cut Exports To The U.S.

Jan 31, 2019 at 09:24 | Irina Slav

Brent crude and West Texas Intermediate started the day today with gains, albeit modest, following yesterday’s Weekly Petroleum Inventory Report by the Energy Information Administration that said Saudi oil exports…

The Major Risk That Oil Markets Are Underestimating

Jan 30, 2019 at 17:21 | Nick Cunningham

The U.S. campaign for regime change in Venezuela could drive up oil prices. The oil markets barely budged last week when the Trump administration first recognized Juan Gauidó as…

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