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China Is Winning The Race for Affordable EVs

China Is Winning The Race for Affordable EVs

While U.S. and European automakers…

U.S. Natural Gas Could Be A Big Winner of The AI Boom

U.S. Natural Gas Could Be A Big Winner of The AI Boom

U.S. natural gas producers and…

Energy

Global Energy Advisory - 2nd February 2018

Feb 02, 2018 at 16:59 | Editorial Dept

Canadian drillers are moving rigs to Texas chasing better business opportunities south of the border in yet another sign that the U.S. oil industry is in full growth mode. Naturally,…

What’s Driving WTI?

Feb 02, 2018 at 16:56 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil futures posted a volatile two-sided trade this week before moving to within striking distance of its three-year high on Thursday. One catalyst behind the…

Oil Markets Are At A Stalemate

Feb 02, 2018 at 14:08 | Tom Kool

U.S. shale production is soaring as the oil rig count once again ticked up this week, but OPEC's high compliance and the continued crisis in Venezuela has left oil markets…

The Oil Rig Count Rises Once Again

Feb 02, 2018 at 12:25 | Julianne Geiger

The number of active oil and gas rigs decreased this week, according to Baker Hughes data, by a single rig. This brings the total number of oil and gas…

Libyan Oil Exports Rise Amid High OPEC Compliance

Feb 02, 2018 at 10:58 | Matt Smith

Back in December we discussed how US oil inventories had been drawn down by a hundred million barrels from their peak last March, channeling Dr Evil from Austin Powers.…

Russia Keeps January Oil Production Below 11 Million Bpd

Feb 02, 2018 at 09:40 | Tsvetana Paraskova

Russia’s crude oil production in January was basically flat compared to December 2017, after rising production at foreign firm-led projects compensated for small declines at the two major Russian…

Dutch Gas Goals Rocked By Earthquakes

Feb 02, 2018 at 09:21 | Cyril Widdershoven

Dutch gas dreams have ended with a bang after Dutch independent regulator SodM presented its recommendation to the Dutch government to cut existing natural gas production at the Groningen field…

The Oil Market Is Already Balanced

Feb 01, 2018 at 17:54 | Nick Cunningham

“The rebalancing of the oil market has likely been achieved, six months sooner than we had expected.” Goldman Sachs (NYSE:GS) dramatically revised its outlook for oil in 2018, saying…

Can OPEC Deal With Its Success?

Feb 01, 2018 at 16:43 | Irina Slav

The 2017 data is in: OPEC’s success with its oil production cuts is now proved. In fact, the cartel and its partners — led by Russia — did so…

Volkswagen Takes The Blame For Monkey Testing Scandal

Feb 01, 2018 at 14:45 | Jon LeSage

Volkswagen Group (OTCMKTS:VLKAY) is feeling the vise grip tighten with accusations about its role in testing toxic diesel fumes on monkeys and humans. The German automaker, along with BMW…

2018: The Year Of The Oil Majors

Feb 01, 2018 at 14:21 | Tsvetana Paraskova

ExxonMobil (NYSE:XOM) has made headlines this week, and not only because the world’s largest publicly traded oil and gas company is reporting Q4 figures before the bell on Friday.…

North America’s Next Big Shale Play

Feb 01, 2018 at 13:41 | Tsvetana Paraskova

The oil price crash of 2014 not only weighed on Canada’s oil sands industry, but it also directed more company investment into shorter-cycle shale projects in the U.S. at the…

Why Natural Gas Prices Just Tanked

Feb 01, 2018 at 12:21 | Jude Clemente

The NYMEX February natural gas contract expired Monday at $3.63 per MMBtu, the highest expiration for a contract we have seen since January 2017. Now the prompt month, March gas…

Goldman: Oil To Top $80 Within Six Months

Feb 01, 2018 at 10:47 | Tsvetana Paraskova

Goldman Sachs has held one of the most optimistic views on the rebalancing of the oil market and oil prices in the near term, and the investment bank is now…

Can The Shale Boom Avoid These Bottlenecks?

Jan 31, 2018 at 17:20 | Nick Cunningham

Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated.…

Are Canadian Oil Prices Set To Rebound?

Jan 31, 2018 at 17:12 | Peter Tertzakian

“How’s the Canadian oil and gas industry doing?” a friend recently asked me. People on the sidelines expect a positive answer, knowing that a barrel of oil now trades above…

The Oil Rally Is Helping Renewables

Jan 31, 2018 at 16:25 | Irina Slav

It may sound counterintuitive, but higher crude oil prices have proved to be a boon for the renewable energy industry, at least when it comes to adoption of clean energy…

Iran, Qatar Crude Exports To Asia Are Tanking

Jan 31, 2018 at 14:34 | Cyril Widdershoven

After years of healthy trade in crude oil and petroleum products between Iran, Qatar and Asian customers, the tide seems to be turning.  This week, figures emerged showing a decline…

What's Behind Canada's Oil Driller Exodus?

Jan 31, 2018 at 12:07 | Tsvetana Paraskova

Canadian drillers are moving rigs south to the U.S. to seize more profitable opportunities. But it’s not just the bright prospects of the Permian that is attracting Canadian companies—moving…

Mexico’s Oil Dilemma Continues In 2018

Jan 31, 2018 at 10:38 | Matt Smith

U.S. gasoline exports averaged just over one million barrels per day in 2017, with a strong push higher at the end of the year (hark, an average of 1.3 million…

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