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EPA’s New Car Emission Standards Doom the Gasoline Car

EPA’s New Car Emission Standards Doom the Gasoline Car

This week, the Environmental Protection…

Will Waning Gasoline Demand Drag Oil Prices Down?

Will Waning Gasoline Demand Drag Oil Prices Down?

Oil markets were looking forward…

Energy

Pro-Extension Voices In OPEC Become Louder

Mar 27, 2017 at 10:38 | Irina Slav

In a statement, the joint committee of seven oil ministers from the parties to the cut said that the deal could be extended for another six months, depending on…

Shell’s New Permian Play Profitable At $20 A Barrel

Mar 24, 2017 at 17:11 | Rakesh Upadhyay

OPEC’s worries about the booming U.S. oil production have increased significantly with the big three oil companies’ interest in shale. Exxon Mobil Corp., Royal Dutch Shell Plc, and Chevron Corp.,…

Is The Private Equity Oil Rush Back On?

Mar 24, 2017 at 17:06 | Irina Slav

Private equity funds are back in the oil game with piles of cash to spend, emboldened by oil prices of around $50 a barrel, even though WTI has in the…

Mexico Sees Its First International Offshore Drilling Success

Mar 24, 2017 at 17:05 | Nick Cunningham

Italian oil company Eni drilled the first well by an international oil company in Mexican waters, and on March 23 they said the well indicated a “meaningful” volume of oil.…

Self-Driving Cars May Just Be the Start

Mar 24, 2017 at 17:03 | Irina Slav

The self-driving car race has been intensive, especially recently, with new partnerships being announced on a regular basis as tech companies team up with carmakers to stake a claim in…

Can Trump’s Proposal Save The Coal Industry?

Mar 24, 2017 at 15:34 | Michael McDonald

Climate change may not be a significant factor in the decision-making processes of the United States government, according to the White House. As per a directive signed by President Donald…

U.S. Shale Could Peak Before 2025

Mar 24, 2017 at 15:30 | Ron Patterson

In a previous post on U.S. LTO future output there were suggestions that a bottom up approach might be better than the top down approach and I agree. I…

Norwegian Oil Plays Struggling After Oil Price Collapse

Mar 24, 2017 at 15:27 | Rune Likvern

Norwegian crude oil extraction peaked in 2001 at 3.12 Million barrels per day (Mb/d) and in 2016 it was 1.62 Mb/d, growing from 1.57 Mb/d in 2015 and 1,46 Mb/d…

Are The Survivors Of The Offshore Bust A Buy?

Mar 24, 2017 at 15:26 | Dan Dicker

I know that many of the oil analysts out there have gone weak on me. Unable to believe in the inevitable re-balancing of the oil market, they continue to see…

The No.1 Contrarian Play In Oil

Mar 24, 2017 at 15:26 | Martin Tillier

Regular readers of my ramblings will be aware that I don’t believe that this drop in oil will be of any long term significance. It is understandable, for sure, as…

Oil Industry Not Hedged For 2018

Mar 24, 2017 at 15:26 | Editorial Dept

Friday March 24, 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…

How Much Further Oil Could Fall

Mar 24, 2017 at 15:14 | Jim Hyerczyk

It’s been a relatively quiet week in the crude oil market with prices continuing to drift lower in search of a balance point. The stories driving the price action didn’t…

Why Are Oil Markets Ignoring All These Bullish Signs?

Mar 24, 2017 at 15:12 | SCS OTC Corp

- Crude oil’s drop back into the high $40s has renewed concerns that efficiency gains from North American frackers will lead to another low/mid $40s scenario for WTI. We feel…

Will Iran Cut Production If OPEC’s Deal Is Extended?

Mar 24, 2017 at 14:42 | Tom Kool

Oil prices fell this week on oversupply concerns and while certain OPEC members have showed interest in extending the current deal, a new deal is far from certain

U.S. Oil Rig Count Continues To Rise Despite Saudi Warnings

Mar 24, 2017 at 13:01 | Zainab Calcuttawala

The United States oil rig count jumped by 21 this week, to its highest level since September 2015, according to Baker Hughes’ latest rig on domestic drilling activity. The…

TransCanada Gets Presidential Permit To Build Keystone XL

Mar 24, 2017 at 12:49 | Tsvetana Paraskova

TransCanada Corporation said on Friday that the U.S. Department of State had signed and issued a Presidential permit authorizing the company to construct and operate the Keystone XL pipeline.…

ExxonMobil Just Got Hit By This Fast-Rising New Energy Problem

Mar 24, 2017 at 10:59 | Dave Forest

Big developments this week on a new challenge quickly rising for the energy industry… and beyond. Climate change reporting. ExxonMobil lost a key decision in an ongoing climate change battle…

OPEC In Trouble As Saudis Becoming Weary Of “Free Riders”

Mar 23, 2017 at 16:16 | Gregory Brew

From casual observation, one might be forgiven for referring to the OPEC production cut in place since November 2016 as the “Saudi production cut.” That’s because Saudi Arabia, OPEC’s leading…

U.S. Electric Grid Could Cost $5 Trillion To Replace

Mar 23, 2017 at 16:14 | Tsvetana Paraskova

Since Nikola Tesla and George Westinghouse lit up Buffalo from Niagara Falls at the end of the 19th century, electricity has been an integral part of American life, heating…

Venezuela In Dire Straits As Oil Production Falls Further

Mar 23, 2017 at 16:06 | Nick Cunningham

Venezuela’s economic crisis continues to deepen. The South American OPEC member is thought to be sitting on nearly 300 billion barrels of oil, far more than any other country…

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