Europe's high natural gas storage…
Radia's WindRunner cargo plane design…
Nissan aims to cut EV…
The 9-month extension to the OPEC deal has had a surprisingly negative impact on oil prices, which headed downward once again at the start of the week due to the…
More draws predicted for late 2017, 2018 The oil market rebalancing is in progress, even if it is slower than expected, according to releases by Societe Generale and RBC Capital…
It is something of an unholy alliance, but Russia and Saudi Arabia are becoming ever closer allies in a graphic example of realpolitik. The two would probably be implacable enemies…
As pockets of geopolitical tension leave the crude market neither shaken nor stirred, hark, today we dig into some of these hotspots to see what their energy flows look like,…
As artificial intelligence becomes ever more attainable and tech start-ups continue to divide and multiply, traditional oilfield research and development is going the way of the buffalo. Drilling is still…
A sudden diplomatic crisis broke out in the Persian Gulf on June 5, as a coalition of countries moved to isolate Qatar, the tiny oil and gas-rich emirate. In…
Will the Canadian oil producers rake in higher prices for their crude oil if they sell to Asia? Is the U.S. unfairly discounting Canada’s heavy crude oil stream – the…
All self-respecting automakers today have an electric car project. Most are either working on or considering an autonomous vehicle, too. E-cars are hot. Self-driving ones are even hotter. And according…
The war on coal has ended. Not because the U.S. exempted itself from the Paris Climate Accord, nor because President Obama no longer sits in the Oval Office. "King Coal"…
OPEC is working on establishing a legal relationship with its partners in the crude oil production cut agreement. This would mean a larger oil cartel controlling possibly more than half…
Last week I described my unplanned stop in Brazil, part of my recent jaunt through South America. Where a plane breakdown, an unfolding corruption scandal, and a massive strike by…
Oil prices were off to a jumpy start in volatile trade on Monday after Saudi Arabia and five other Arab nations severed diplomatic ties with Qatar, accusing it of sponsoring…
2017 could be an “above-normal” year for large hurricanes, according to the National Oceanic and Atmospheric Administration (NOAA), a potential problem for Gulf Coast oil drillers and refiners. NOAA
Cost cuts and efficiency—the two key ingredients of the U.S. shale’s recipe for surviving the worst of the downturn—have led to drillers now employing a growing number of rigs capable…
Could it be that it’s been a case of ‘sound and fury signifying nothing’? According to technical analyst Chris Verrone of Strategas in New York, the crude oil/WTI complex has…
President Donald Trump’s decision to take the United States out of the Paris climate agreement, which he announced before an audience outside the White House on Thursday, has been met…
After several years of discussing the possibility of setting up a new shipyard in Saudi Arabia, the Kingdom’s national oil company, Saudi Aramco, has entered into a new adventure. As…
The EIA recently updated its International Petroleum statistics. World Crude plus Condensate (C+C) output was 80,577 kb/d in Feb 2017 an increase of…
Western Siberia is to Russia what the Permian is to the U.S. Well, kind of. Kind of in a sense that it’s one of the longest-producing oil regions and there’s…
25 companies pre-qualified for upcoming lease sale The Comisión Nacional de Hidrocarburos (CNH), which will conduct the lease sale, has listed a total of 25 groups that have successfully pre-qualified…