U.S. shale has provided that…
Governments must prioritize energy efficiency…
Russia is struggling to match…
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…
As investment banks become increasingly bullish on crude oil, the Energy Information Administration reported a 6.8-million-barrel build in U.S. crude oil inventories for the week ending January 26. The…
For yet another month, analysts raised their average forecasts for oil prices this year—expecting WTI Crude to average $58.11 a barrel—but warned that Brent Crude is unlikely to rise much…
The price differential between WTI and Brent has suddenly narrowed, putting the U.S. export boom at risk. For much of last year, the two crude oil benchmarks traced one…
M&A activity in the oil and gas industry picked up last year after three depressed years of underinvestment while the industry fought for its life, and this year the increase…
Oil production from Russia’s Arctic region increased in 2017 as new onshore developments and the only offshore producing platform ramped up production. But challenges in Russia’s arctic remain. Last year,…
There may not be blood, but there will be plenty of losses for those who still hold hope for an age that is passing away.. Soon after the Trump Administration…
The spike in Friday’s rig count has rekindled some old concerns regarding the acceleration of shale drilling, putting downward pressure on oil prices. (Click…
Texas is set to break its oil production record this year, but the oil industry’s drive to cut costs and increase efficiencies is now enabling drillers to pump record volumes…
International media sources are once again falling over each other by reporting that the eagerly awaited Aramco IPO is no longer on track for 2018. Certain rumors and interpretations are…
J.P. Morgan beat all other investment banks in their forecasts for the price of Brent crude this year, setting its projection at US$70 a barrel. To compare, the second…
The bullish forces helping to push crude benchmarks up to their highest levels in years could be running into trouble. There is a confluence of factors that conspired to push…
The 1950s were a turbulent time on both sides of the Iron Curtain. With the Second World War over and the star role played by crude oil in its outcome,…
Echoing the criticism of too much hype surrounding U.S. shale from the Saudi oil minister last week, a new report finds that shale drilling is still largely not profitable.…
Tesla is looking to secure additional supplies of lithium from a key source country, and is in early talks with the biggest lithium producer in Chile to invest in supply…
As Qatar gears up for an expansion of its massive liquefied natural gas export industry, an evaluation of the nation’s recent delivery rate in the face of Gulf sanctions…
Despite efforts to ramp up its oil export capacity, OPEC’s second-largest producer, Iraq, will comply with the production cuts pact, Iraq’s Oil Minister Jabbar al-Luiebi said at a conference…
The Gaselys tanker carrying the first LNG cargo produced by Russia’s first LNG facility in Yamal has arrived in Boston, the U.S. Coast Guard told Sputnik. Bloomberg on Friday
Rising U.S. rig count and oil production—along with a firmer U.S. dollar—sent oil prices down by 1 percent early on Monday, but the spread between the U.S. benchmark WTI and…
Texas is set for another oil boom, with production this year expected to hit a record high. That’s according to Karr Ingham, the oil economist who created the Texas…