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India Faces Major Summer Power Shortage

India Faces Major Summer Power Shortage

India is bracing for its…

Why the IEA is Wrong About Peak Oil Demand

Why the IEA is Wrong About Peak Oil Demand

The International Energy Agency (IEA)…

Energy

Outages Could Threaten New England’s Gas Market

Sep 27, 2018 at 14:08 | Genscape

After frequent rescheduling and downgrading, including a last-minute delay after market close last Friday, September 21, New England’s main natural gas pipeline, Algonquin Gas Transmission (AGT), may finally run their…

Qatar To Boost LNG Capacity To Seize Market Opportunities

Sep 27, 2018 at 12:58 | Tsvetana Paraskova

Qatar, the world’s largest exporter of liquefied natural gas (LNG), has just announced plans to further increase its LNG production capacity. The new export capacity, with projects to be completed…

Total: Oil Could Rise To $100 And That’s Bad News

Sep 27, 2018 at 11:28 | Tsvetana Paraskova

Supply disruptions and the lag time associated with OPEC’s ability to increase production could send oil prices to $100 a barrel, but this isn’t good news for the economy and…

U.S. Will Not Release Oil From SPR To Offset Iran Sanctions

Sep 27, 2018 at 10:13 | Irina Slav

The United States will not sell crude oil from the Strategic Petroleum Reserve to help ensure the global market is well supplied when sanctions against Iran enter into effect, Reuters…

OPEC Secretly Discusses 500,000 Bpd Production Boost

Sep 27, 2018 at 09:22 | Irina Slav

Saudi Arabia and other OPEC members have been discussing on the quiet a half-a-million-barrel increase in their combined oil production to keep a lid on oil prices, unnamed sources

Goldman Sachs: Oil Prices Won’t Hit $100

Sep 26, 2018 at 16:56 | Nick Cunningham

$100 oil is suddenly all the rage, but some analysts remain unconvinced. The supply outages in Iran combined with the decision by OPEC+ not to take further action to…

Norway's Central Bank Fears An Oil Price Spike

Sep 26, 2018 at 16:49 | Tsvetana Paraskova

Rising oil prices have helped the finances and economies of the big oil-producing nations a lot. Western Europe’s largest oil and gas producer, Norway, is no exception. Norway’s economic growth…

What Peak Oil Demand, Copper And 3D Printing Have In Common

Sep 26, 2018 at 15:53 | Justin Ziebart

The debate about Peak Oil Demand (POD) will likely rage on for quite some time. Years ago, Peak Oil theories on production and supply were…

Oil Price Rally Hits Asia Where It Hurts

Sep 26, 2018 at 13:49 | Irina Slav

Rising oil prices are pushing up prices for fuels in Asia, and this is coming at a bad time; many Asian currencies are depreciating as economic growth falters. This is…

$80 Oil: Increased Investment Or Demand Destruction?

Sep 26, 2018 at 13:29 | Tim Daiss

Amid all of the talk and conjecture of where global oil prices are heading, Shell CEO Martin van Beurden said yesterday that $80 per barrel is not an unreasonable…

The Gas Revolution In Central And Eastern Europe

Sep 26, 2018 at 13:01 | Liubov Georges

The energy markets of Central and Eastern Europe (CEE) are witnessing some profound changes as they become an integral part of the larger European gas market. The European Commission’s flagship…

India Builds Up Strategic Oil Reserve

Sep 26, 2018 at 11:57 | Irina Slav

India will soon start looking for investors in the second phase of its strategic petroleum reserve, a senior executive of the company managing the reserve told Reuters. The second…

The U.S. Will Ensure A “Well Supplied Oil Market”

Sep 26, 2018 at 10:44 | Irina Slav

“We will ensure prior to the reimposition of our sanctions that we have a well supplied oil market,” the special U.S. envoy for Iran, Brian Hook told the United…

Oil Markets Unimpressed By Small Crude Build

Sep 26, 2018 at 09:42 | Irina Slav

A day after the American Petroleum Institute reported an inventory build that some traders took as a surprise and started selling their oil holdings, the EIA confirmed a…

Shell CEO: $80 Oil To Boost Energy Infrastructure Investment

Sep 26, 2018 at 08:59 | Tsvetana Paraskova

Brent Crude at $80 a barrel is not an “unreasonable” price of oil, and it will support investment in oil and gas infrastructure after the downturn, Shell’s chief executive Ben…

Traders Turn Bullish Ahead Of Iran Sanctions

Sep 25, 2018 at 17:14 | Irina Slav

It’s that season again: ahead of the final quarter of the year, oil markets are once again riled by an event that will have a major effect on prices. Last…

How The EU Is Helping Iran Skirt Sanctions

Sep 25, 2018 at 17:09 | Nick Cunningham

At the UN General Assembly on Tuesday, U.S. President Donald Trump was laughed at by global leaders when he boasted about his accomplishments. He may feel insulted by the…

OPEC's No.4 Vows To Boost Spare Oil Capacity

Sep 25, 2018 at 16:28 | Tsvetana Paraskova

OPEC and allies snubbed calls from U.S. President Donald Trump to lower oil prices, saying on Sunday that they are satisfied with the “overall healthy balance between supply and…

The Future Of Global LNG Is Here

Sep 25, 2018 at 13:27 | Tim Daiss

Global liquefied natural gas (LNG) markets have evolved in just a few years, morphing from a somewhat limited supply of the super-cooled fuel as recently as four years ago to…

Can Nord Stream 2 Be Stopped?

Sep 25, 2018 at 13:26 | Vanand Meliksetian

Pipelines, for a long time, were the most important method of transportation for natural gas. This fixed form of infrastructure has the advantage of lower transportation costs in the long-term.…

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