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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Self-Heating Concrete Paves the Way for Easier Winters

Self-Heating Concrete Paves the Way for Easier Winters

Drexel University researchers successfully tested…

Why Do Gasoline Prices Rise in Spring?

Why Do Gasoline Prices Rise in Spring?

Spring brings higher gas prices…

An EU Carbon Tax Will Upend The Global LNG Market

An EU Carbon Tax Will Upend The Global LNG Market

The global LNG market could…

Energy

Iraq Races To Fill The Gap Left By The Saudis

Aug 04, 2017 at 17:04 | Zainab Calcuttawala

Iraqi oil exports topped 100 million barrels in July, but that’s still lower than the 3.93 million barrels per day rate Baghdad boasted back in May. The latest…

Shale Producers Hedge At Much Lower Prices

Aug 04, 2017 at 17:04 | Irina Slav

Shale oil producers are hedging again – this is the latest message coming from investment banks and analytical firms, according to Bloomberg. After hedging largely died down when WTI…

Is The Shale Rebound Causing A Return Of Flaring?

Aug 04, 2017 at 17:04 | Robert Rapier

Underneath the surface of North Dakota is the Bakken Formation, which is part of the Williston Basin that also lies underneath parts of South Dakota, Montana, southwestern Manitoba and southern…

Eni’s Arctic Risk Could Pay Off

Aug 04, 2017 at 16:56 | Precise Consultants

Two years ago, Royal Dutch Shell gave up drilling in the Arctic. It came across a dry hole and decided the enormous risks and expense weren’t justified. Someone wasn’t listening.…

Venezuela’s Demise Is A Geopolitical Litmus Test For The U.S.

Aug 04, 2017 at 16:56 | Gregory R. Copley

Is Venezuela’s 2017 transformation symptomatic of the growing global polarization? And does it show how the collapse of globalism is resulting in the re-emergence of a range of governmental forms…

BP Surpasses Profit Expectations, Still Wallowing In Debt

Aug 04, 2017 at 16:53 | Haley Zaremba

It’s been a complicated and contradictory quarter for oil giant British Petroleum. The struggling corporation has failed to reduce debt in the second quarter, with total profits falling by 5 percent compared…

“Oil God” Andy Hall Shuts Down Main Hedge Fund

Aug 04, 2017 at 16:51 | ZeroHedge

Back in December 2014, the start of the worst oil rout since the financial crisis claimed its first victim when 113 year old Phibro, then owned by Occidental Petroleum…

Can New Blood Shake Up Serbia’s Power Industry?

Aug 04, 2017 at 16:48 | Shadow Governance Intel

State owned Energy Power Industry of Serbia (EPS - Elektroprivreda Srbije) controls all domestic electricity production. The EPS was established after the disintegration of Yugoslavia and the formation of the…

Erdogan And Putin Expand Military, Economic And Energy Relations

Aug 04, 2017 at 16:41 | The Jamestown Foundation

Turkish President Recep Tayyip Erdo?an met with his Russian counterpart, President Vladimir Putin, at the G20 summit, held in Hamburg, Germany, on July 8. Their conversation during the meeting encompassed…

Shale Lemmings Retreat As Price Recovery Stalls

Aug 04, 2017 at 16:40 | Dan Dicker

If we could make up one bankable investment rule for oil stocks for the past three years – it would be to note precisely what oil companies are planning for…

Weak Dollar Limits Downside For Crude Oil

Aug 04, 2017 at 16:38 | Martin Tillier

Over the last few month, the U.S. dollar index, after gaining ground to record highs immediately following the election, has been in a sustained decline since the end of last…

Venezuela Could Push Oil To $80

Aug 04, 2017 at 16:35 | Editorial Dept

Friday August 4, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Global Energy Advisory 3rd August 2017

Aug 04, 2017 at 16:26 | Editorial Dept

European oil majors are turning to offshore wind power projects in the United States. Earlier this year, Shell bid for an offshore wind power lease off the North Carolina coast…

NatGas Plunges, But Long Term Outlook Remains Bullish

Aug 04, 2017 at 16:22 | Jim Hyerczyk

Natural gas prices plunged earlier this week in a move that looks like the final liquidation by investors who bet on a summer rally. The selling was strong enough to…

Oil Price Rally Ends As Banks Slash Forecast

Aug 04, 2017 at 14:10 | Tom Kool

After a month-long rally oil prices appear to have stagnated this week, although a falling rig count gave prices a slight boost…

Barclays: Oil Prices To Drop This Quarter

Aug 04, 2017 at 13:14 | Tsvetana Paraskova

The combination of bullish indicators that boosted oil prices last month are unlikely to last, and the price of oil in the third quarter is expected to drop from current…

Oil Prices Rise As The U.S. Rig Count Falls

Aug 04, 2017 at 12:18 | Julianne Geiger

The number of active oil rigs in the United States fell this week by 1 rig as drillers in the United States proceed more cautiously than earlier in the…

Niger Delta Legalizes Illicit Oil Refineries

Aug 04, 2017 at 10:16 | Irina Slav

The Nigerian government will make illicit refineries operating in the Niger Delta legal, and will even supply them with crude oil, the presidency announced yesterday. The legalization process will…

OPEC’s Three Options To Boost Oil Prices

Aug 04, 2017 at 09:22 | Tsvetana Paraskova

After the initial short-lived enthusiasm over OPEC’s production cuts, the market started ignoring attempts by the cartel to talk up oil prices as it became evident that the glut would…

Is The EIA Exaggerating U.S. Oil Production?

Aug 03, 2017 at 17:18 | Nick Cunningham

Oil is back at $50 per barrel, restoring some semblance of confidence in the market. But that is just about as much as we can expect in terms of a…

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