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Energy

Should The U.S. Oil Industry Fear The Midterms?

Oct 02, 2018 at 16:38 | Nick Cunningham

The U.S. midterm elections are only a few weeks away and a lot is at stake for the energy industry. It isn’t just the fate of the U.S. Congress that…

Gazprom's Bid To Maintain European Energy Dominance

Oct 02, 2018 at 15:50 | Vanand Meliksetian

Gazprom is an important player in the European gas market for two reasons. Its monopoly status in Russia when it comes to exporting natural gas through pipelines and limited transportation…

Citi: Brent-WTI Spread Could Widen To 5-Year High

Oct 02, 2018 at 13:24 | Tsvetana Paraskova

Rising U.S. oil production, coupled with the Permian pipeline capacity constraints, are set to lead to a build-up in Cushing, Oklahoma, inventories that will put further pressure on the benchmark…

What Drove Brent Above $85?

Oct 02, 2018 at 13:12 | Tom Kool

Oil jumped on Tuesday morning after a busy geopolitical weekend was compounded by a flood of bullish news on Monday afternoon.  (Click to enlarge)…

The $50 Billion Deal That Could Revive The Aramco IPO

Oct 02, 2018 at 12:13 | Cyril Widdershoven

The Aramco IPO saga continues, with the Saudi oil giant soon to enter the international financial markets for a $50 billion loan. International sources are reporting that the world’s largest…

Is China Turning Trump's Oil Weapon Against Him?

Oct 02, 2018 at 10:34 | Tim Daiss

Usually when referring to the so-called oil weapon, analysts are talking about the decades old policy of major oil producing nations withholding production to tighten supplies and drive prices up,…

Kuwait Stops Exporting Crude To U.S.

Oct 02, 2018 at 09:20 | Irina Slav

Kuwait has not sent any crude oil to the United States for at least four weeks, EIA’s weekly petroleum reports for the last four weeks, which also include a…

Underwhelming OPEC Fuels Oil Price Rally

Oct 01, 2018 at 17:49 | Nick Cunningham

Oil prices rose on Monday on news that OPEC only added a modest amount of additional supply to the market in September, contrary to previous expectations. Saudi Arabia had

The Oil Industry Needs Large New Discoveries, Very Soon

Oct 01, 2018 at 17:08 | Tsvetana Paraskova

Market participants and analysts are all focused on the imminent oil supply gap that is opening with the U.S. sanctions on Iran just five weeks away. But beyond the shortest…

Fuel Oil Isn’t Going Anywhere

Oct 01, 2018 at 14:18 | Irina Slav

Demand for fuel oil is under threat: media are paying growing attention to the upcoming new emissions standards introduced by the International Maritime Organization, to take effect from January 1,…

European Natural Gas Prices Are Set To Rise Further

Oct 01, 2018 at 13:46 | David Woroniuk

European natural gas pricing is amongst the highest seen in recent years, with the average September price holding a €10.71/MWh premium over the previous year. The uncharacteristically high prices throughout…

Who Will Save Ukraine’s Dying Refineries?

Oct 01, 2018 at 12:48 | Viktor Katona

Ever since war broke out in Eastern Ukraine, the energy industry has been guessing what will happen to Ukraine’s gas transit and its transmission system. In the background, however,…

This Car Maker Is About To Launch Europe’s Largest Energy Storage Project

Oct 01, 2018 at 12:00 | Jon LeSage

French company Renault is harnessing its position as the leader in Europe’s electric vehicle market and following Asian and American giants into the lithium ion battery storage market. Renault is…

Saudi Arabia, Kuwait Discuss New Oil Production In Neutral Zone

Oct 01, 2018 at 10:49 | Irina Slav

Saudi Arabia’s Crown Prince Mohammed has discussed the restart of crude oil production in the neutral zone between Saudi Arabia and Kuwait during a meeting with Kuwait’s Emir Sheikh Sabah…

Elon Musk Settles With SEC, Quits As Tesla Chairman

Oct 01, 2018 at 09:23 | Tsvetana Paraskova

Elon Musk has agreed to settle the securities fraud charge by the U.S. Securities and Exchange Commission (SEC) in a settlement that includes removing Musk as chairman at Tesla, and…

Ignore The Hype – Oil Prices Aren’t Going Back To $100

Sep 28, 2018 at 17:37 | Arthur Berman

The breakout in Brent crude prices above $80 this week has prompted analysts at the sell side banks to start talking about a return to $100 a barrel oil. Even President…

How Much Spare Capacity Does Saudi Arabia Really Have?

Sep 28, 2018 at 17:37 | Nick Cunningham

Saudi Arabia has pledged to cover any supply gap that may emerge as Iranian oil goes offline, but how much spare capacity does it really have? The massive reserve of…

Refiners Struggle To Adapt To The Shale Boom

Sep 28, 2018 at 17:37 | Irina Slav

U.S. shale production is at record highs and the momentum is still not over. A lot has been said about the energy self-sufficiency implications of this trend, but there’s something…

Europe Prepares For Natural Gas Price Hike

Sep 28, 2018 at 17:37 | Tsvetana Paraskova

Europe’s natural gas and electricity markets are heading into the winter heating season with prices at record highs amid various supply outages in already tight markets and uncertainty over how…

Nigeria Doubles Down On Mini-Grids

Sep 28, 2018 at 17:14 | Oxford Business Group

The development potential of Nigerian mini-grids – generation and distribution systems capable of supplying up to 1 MW of capacity from renewable sources, independent of national transmission networks – is…

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