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Why the IEA is Wrong About Peak Oil Demand

Why the IEA is Wrong About Peak Oil Demand

The International Energy Agency (IEA)…

India Faces Major Summer Power Shortage

India Faces Major Summer Power Shortage

India is bracing for its…

Will OPEC+ Extend Oil Production Cuts?

Will OPEC+ Extend Oil Production Cuts?

OPEC+ is likely to keep…

Energy

Davos In The Desert Could Yield $50B In Oil & Gas Deals

Oct 23, 2018 at 09:29 | Irina Slav

Saudi Arabian companies could negotiate investment deals worth some US$50 billion in oil, gas, metals, and infrastructure during and after the Future Investment Initiative that opened today in Riyadh, Reuters…

This Alliance Could Mark A New Era For Oil

Oct 22, 2018 at 17:19 | Nick Cunningham

Saudi Arabia and Russia could formalize a strategic partnership that would last indefinitely, potentially marking a new era for the oil market. In a wide-ranging interview with TASS, Saudi oil…

Big Oil Walking A Tightrope As Prices Rise

Oct 22, 2018 at 17:19 | Irina Slav

Supermajors have had a great year so far, and their third-quarter results, to be released over the next couple of weeks, are likely to strengthen this impression. But this does…

Russia Discusses Big Projects With Exxon As New Sanctions Loom

Oct 22, 2018 at 16:17 | Tsvetana Paraskova

While U.S. legislators are discussing new sanctions on Russia that would increase economic pressure on Moscow by possibly expanding sanctions to the banking and energy industries, Russia is said to…

Libyan Oil Production Could Get Major Boost

Oct 22, 2018 at 14:16 | Irina Slav

Libya’s oil production could rise by several hundred thousand barrels daily when BP and Eni resume production at a shared field, the head of the country’s state oil company

Is This The Future Of Battery Tech?

Oct 22, 2018 at 13:45 | MINING.com

A group of scientists from Duke University has developed a new method to 3D-print lithium-ion batteries in virtually any shape. In a paper published in ACS Applied Energy Materials, the researchers explain…

Saudi Arabia Unlikely To Cut Oil Supply Over Khashoggi Case

Oct 22, 2018 at 11:49 | Tsvetana Paraskova

Fatih Birol, the Executive Director of the International Energy Agency (IEA), is not worried about Saudi Arabia retaliating with reduced oil supply in response to potential sanctions after the…

Riyadh Has “No Intention” Of Repeating 1973 Oil Embargo

Oct 22, 2018 at 09:23 | Irina Slav

“There is no intention” in Saudi Arabia of imposing a 1973-style oil embargo on the West, Energy Minister Khalid al-Falih told TASS in an interview in response to a…

U.S. Shale Has A Glaring Problem

Oct 19, 2018 at 17:25 | Nick Cunningham

Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies…

Can We Expect A Rebound Rally Next Week?

Oct 19, 2018 at 17:25 | Jim Hyerczyk

U.S. West Texas Intermediate and International-benchmark Brent crude oil futures are trading higher on Friday after a steep sell-off the past two sessions. The markets are trading inside Thursday’s range…

Are Claims Of Peak Oil Production In Russia Overblown?

Oct 19, 2018 at 17:25 | The Jamestown Foundation

Russian authorities have announced that domestic oil production hit 11.36 million barrels per day (bpd), on average, in September (Vedomosti, October 2). This marks a new historic peak, rea­ched…

Is There Too Much Light Crude On The Market?

Oct 19, 2018 at 17:25 | Irina Slav

A lighter crude oil grade is being sold from the Permian, Bloomberg reported earlier this week, noting it was selling at a discount to the regional benchmark, WTI Midland.…

A Recent, Weak IPO That Creates An Opportunity For Investors

Oct 19, 2018 at 17:24 | Martin Tillier

Traders and investors know better than most that timing is everything. What defines the success or failure of a trade is usually not necessarily where you buy or sell, but…

BP CEO: $80 Oil Is Unhealthy For The World

Oct 19, 2018 at 17:24 | Tsvetana Paraskova

Oil prices at $80 a barrel are too high and unhealthy for the world today, Bob Dudley, the chief executive of UK supermajor BP, said on the sidelines of…

Oilfield Service Companies Bet On Full Recovery

Oct 19, 2018 at 17:24 | Tsvetana Paraskova

Growing Permian drilling and production started lifting last year the revenues and profits of the world’s top oilfield service providers who were badly bruised by the 2014 oil price crash.…

Brazil’s Offshore Boom Is Facing The Same Problem As U.S. Shale

Oct 19, 2018 at 17:23 | Ron Patterson

BRAZIL C&C PRODUCTION Brazil and Petrobras show something in common with U.S. LTO: even with a lot of debt and desire, and a strong resource base it is difficult to…

How The Trade War Could Benefit Australian Gas

Oct 19, 2018 at 17:22 | Tim Daiss

Australian oil and gas producer Santos, the operator of the GLNG project, could win any comeback kid awards in the global energy patch. From several years of turmoil during the…

The Biggest Winners In The Mediterranean Energy War

Oct 19, 2018 at 17:22 | Vanand Meliksetian

Former Vice-President of the United States Dick Cheney once said: “the good lord didn’t see fit to put oil and gas only where there are democratically elected states… Occasionally we…

Myanmar To Auction Off 31 New Oil And Gas Blocks

Oct 19, 2018 at 17:22 | Oxford Business Group

On August 30 the Ministry of Electricity and Energy (MoEE) announced it would be opening fresh rounds of bidding for oil and gas blocks in the first half of next…

U.S. And Saudis? Expect Business As Usual

Oct 19, 2018 at 17:12 | Editorial Dept

Oil prices continued to trend lower this week despite an extraordinary rift between OPEC’s largest producer and the world’s largest oil consumer. On October 2nd, Washington Post journalist Jamal Khashoggi…

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