Europe's high natural gas storage…
The World Bank predicts stable…
International oil and gas majors…
Oil has been struggling to break above $50 per barrel for months, but there are two reasons why prices could be heading north in the next few months: Venezuela and…
Natural gas has been hailed as the bridge between fossil fuels and renewables. Global gas demand has been growing at an average annual 2.3 percent over the last ten…
Oil prices are rallying post-EIA report as today's crude draw was joined by a drop in gasoline inventories. Although waterborne imports were strong last week, OPEC flows to the U.S.…
Although Nigeria is Africa’s largest oil and gas producer, its petroleum sector has long suffered from frequent scandals, severe mismanagement and a lack of coherent guidelines and regulations. Furthermore, Nigeria’s…
Following my previous article — Peak Demand? No, A New Gasoline Demand Record— I received some interesting feedback from readers. It quickly became apparent that some didn’t understand that…
Libya’s largest oilfield, the Sharara, remains offline despite contradictory news reports this morning suggesting that exports would resume. Weighing in on oil price uncertainty, market watchers have been in a…
U.S. natural gas enjoyed an “eclipse rally” this week. With NYMEX prices jumping nearly 7 cents per MMBtu after the blackout impacted an estimated 12 GW of solar power…
A day after API’s estimate of oil and gasoline inventories pressured prices, the EIA gave the market cause for optimism by reporting not only a draw of 3.3 million…
The gap between the two most important oil benchmarks has widened recently, a symptom of the shifting oil supply/demand dynamics between the U.S. and the rest of the world. For…
Just as the Permian Basin is showing some wear and tear, there is growing interest in a separate shale play to the Permian’s north. The Anadarko shale region, located mostly…
It has been two months since Prince Mohammed Bin Salman’s ascendance to the role of heir to the Saudi Arabian throne, and the preliminary effects of his aggressive economic diversification…
The battery boom shows no signs of slowing down, as demand for lithium-based electric batteries continues to grow worldwide. With forecasts indicating a significant rise in the world’s electric…
Oil prices are stagnant, however a strong inventory draw suggests that the OPEC cut may be having an impact on oil markets. (Click to…
In the future, we may be hearing about the Caribbean a whole lot more when talking about oil and gas. Previously, the area was virtually off the map for the…
Oil prices have shown some weakness lately. With WTI slipping below $48 per barrel — after briefly topping $50 at the end of July. But even at that level, crude…
While the oil market is focused on the U.S. inventory draws and crude oil production, OPEC is not letting investors forget the cartel’s jawboning weapon—the ‘deeper/longer cuts’ narrative. Kuwait’s oil…
Two diametrically opposed views dominate the current debate about where the oil price is heading. On the one hand, there is the view that the price of oil will be…
The U.S. shale industry has had a rough few weeks, with a growing number of reports suggesting that the industry is facing much more financial trouble than many analysts had…
Colombia’s oil production has been falling for the last four years. It’s not just the 2014 price crash that pressured output: The country’s fields are depleting and new discoveries are…
Last year, Brazilian construction firm Odebrecht pleaded guilty to bribing officials in 12 countries to secure high-paying contracts. The firm agreed to a payment of at least $3.5 billion, the…