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Energy Efficiency is Critical for a Sustainable Future

Energy Efficiency is Critical for a Sustainable Future

Governments must prioritize energy efficiency…

Energy

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…

Oil Prices Fall After Strong Crude Inventory Build

Jan 31, 2018 at 09:43 | Irina Slav

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…

Analysts Raise Average WTI Forecast To $58 In 2018

Jan 31, 2018 at 09:02 | Irina Slav

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 Biggest Threat To U.S. Oil Exports

Jan 30, 2018 at 17:13 | Nick Cunningham

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…

Big Oil Enters Growth Mode

Jan 30, 2018 at 16:37 | Irina Slav

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…

Russia Struggling To Expand Arctic Oil Production

Jan 30, 2018 at 16:36 | Tsvetana Paraskova

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,…

The Unintended Consequences Of Trump’s Solar Tariffs

Jan 30, 2018 at 14:30 | Henry Hewitt

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…

Have Oil Prices Hit A Ceiling?

Jan 30, 2018 at 13:34 | Tom Kool

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…

Doing More With Less: Texas Oil Employment At 7-Year Low

Jan 30, 2018 at 11:56 | Tsvetana Paraskova

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…

Aramco IPO Delay Fears Are All Hype

Jan 30, 2018 at 10:58 | Cyril Widdershoven

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…

JP Morgan: Oil Could Hit $78 Within Months

Jan 30, 2018 at 09:26 | Irina Slav

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…

Three Factors That Could End The Oil Rally

Jan 29, 2018 at 17:13 | Nick Cunningham

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…

UK's Secret Cold War Plan For Middle East Oil Fields

Jan 29, 2018 at 17:13 | Irina Slav

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,…

Why Is The Shale Industry Still Not Profitable?

Jan 29, 2018 at 16:35 | Nick Cunningham

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 Looks To Get Ahead In Lithium Battle

Jan 29, 2018 at 14:14 | Tsvetana Paraskova

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…

Qatar LNG Booms Despite Embargo

Jan 29, 2018 at 14:11 | Zainab Calcuttawala

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…

Iraq To Comply With OPEC Cuts Despite Lifting Oil Export Capacity

Jan 29, 2018 at 12:21 | Tsvetana Paraskova

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…

First Ever Russian LNG Cargo Arrives In The U.S.

Jan 29, 2018 at 10:44 | Irina Slav

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

WTI-Brent Spread Narrows To Smallest In Five Months

Jan 29, 2018 at 09:33 | Irina Slav

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 Set For Another Oil Boom

Jan 26, 2018 at 17:11 | Irina Slav

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…

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