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Energy

The New-Year Sell Off In Oil

Dec 22, 2017 at 12:57 | Jim Hyerczyk

Volatility has been low this week with market liquidity drying up ahead of the Christmas and New Year breaks, but the U.S. West Texas Intermediate and international-benchmark Brent crude oil…

Oil Trades Sideways Ahead Of Christmas

Dec 22, 2017 at 12:35 | Tom Kool

The oil market has remained relatively quiet ahead of the holidays, despite the EIA suggesting increased production in the U.S. (Click to enlarge)

Oil Prices Stable On Flat Oil Rig Count

Dec 22, 2017 at 12:16 | Julianne Geiger

The number of active oil and gas rigs rose this week, according to Baker Hughes data, increasing by 1 rig, for a total of 931 rigs currently in operation…

What Will Drive The Next Oil Price Crash?

Dec 21, 2017 at 13:24 | Tsvetana Paraskova

As we roll into 2018, analysts and investors are more optimistic that the oil market will further tighten next year and support higher oil prices, but rising U.S. shale production…

The Top 8 Unknowns In 2018's Energy Markets

Dec 21, 2017 at 13:11 | Peter Tertzakian

It’s that time of year when we flip our calendars to a new start. For pundits like me, it’s customary to make a listicle about the year to come –…

Oil Discoveries At Lowest Point Since The 1940s

Dec 21, 2017 at 13:10 | Nick Cunningham

The oil industry discovered the least amount of oil in 2017 in almost eight decades, breaking the previous record low set in 2016. The global oil industry has discovered less…

The Surprising Location Of Next Year’s Shale Rush

Dec 21, 2017 at 13:09 | Tsvetana Paraskova

Higher oil prices in recent months have instilled renewed confidence in U.S. shale drillers and prompted them to look for drilling opportunities in basins beyond the permanent growth story these…

South Carolina Governor Looks To Sell State Utility

Dec 21, 2017 at 13:09 | Leonard Hyman & William Tilles

In one particularly harrowing scene in the movie the Shawshank Redemption, Tim Robbins asks the brutish prison guard whether he trusts his wife. A question that nearly costs him his…

Toyota Could Become Tesla’s Next Big Headache

Dec 21, 2017 at 10:20 | Jon LeSage

Toyota Motor Corp. is making a serious commitment to bringing electrified vehicles into its fleet. The move goes against the widely held perception that the Japanese automaker was taking a…

What’s Next For U.S. Shale Giants?

Dec 20, 2017 at 12:36 | Irina Slav

For OPEC, U.S. shale oil is a curse. For the Trump administration, it is the biggest tool to help achieve what the White House has dubbed energy dominance. There are…

Bribery Scandal Blemishes Big Week For Eni

Dec 20, 2017 at 12:34 | Nick Cunningham

It’s been a busy week for Eni. The Italian oil giant started production at the largest natural gas field in the Eastern Mediterranean. But Eni’s CEO also just found out…

Is Aramco Shopping For U.S. Shale?

Dec 20, 2017 at 12:31 | Tsvetana Paraskova

Saudi Aramco has held early talks to buy a stake in a U.S. company and has inquired about potentially acquiring assets in the two biggest U.S. oil and gas shale…

China’s Natural Gas Consumption Soars

Dec 20, 2017 at 12:11 | Matt Smith

Chinese natural gas consumption surged through the first 11 months of 2017, up 19 percent year-on-year. China is the third largest consumer of natural gas in the world, behind the U.S.…

EV Range Set To Triple With New Lithium Battery Breakthrough

Dec 20, 2017 at 10:33 | Brian Westenhaus

The University of Waterloo researchers breakthrough involves the use of negative electrodes (the anode) made of lithium metal, a material with the potential to dramatically increase battery storage capacity.…

The Dire Consequences Of An Oil Price Spike

Dec 20, 2017 at 10:25 | ZeroHedge

When it comes to the story we're being told about America's rosy oil prospects, we're being swindled. At its core, the swindle is this: The shale industry's oil production forecasts…

Oil Prices Rise After Strong Crude Inventory Draw

Dec 20, 2017 at 09:46 | Irina Slav

The Energy Information Administration reported yet another inventory draw for last week, making it the fifth one in a row with falling inventories. The authority said inventories had gone…

Wall Street Returns To U.S. Shale With A Bang

Dec 19, 2017 at 14:53 | Nick Cunningham

Investors have grown wary of U.S. shale after years of disappointing returns, and they have pressed shale companies to rein in reckless drilling practices. But with money still pouring…

The World's Biggest Offshore Boom Is Accelerating

Dec 19, 2017 at 14:26 | Nick Cunningham

In a sign that Brazil’s offshore sector is competitive in a world of $50–$60 oil prices, two large oil companies just announced significant investments in oil fields in the South…

The Next Big Hurdle For Keystone XL

Dec 19, 2017 at 13:50 | Tsvetana Paraskova

Nearly a decade has passed since TransCanada first proposed in 2008 to build the Keystone XL pipeline that would run from Alberta in Canada to Nebraska and the U.S.…

Is Premium Gasoline A Waste Of Money?

Dec 19, 2017 at 13:42 | Robert Rapier

If you are like many Americans, you may occasionally treat your car to premium gasoline. You might not be certain whether it helps, but it can’t hurt, right? Maybe not, but…

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