• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 day Could Someone Give Me Insights on the Future of Renewable Energy?
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 9 hours e-truck insanity
  • 3 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 5 days Bankruptcy in the Industry
  • 3 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 6 days The United States produced more crude oil than any nation, at any time.
Israel Claims to Have Dealt a Serious Blow to Hezbollah

Israel Claims to Have Dealt a Serious Blow to Hezbollah

Israeli authorities claimed to have…

3 Oil & Gas Stocks Most Sensitive To Oil Price Swings

3 Oil & Gas Stocks Most Sensitive To Oil Price Swings

Apache, Marathon Oil Corp. and…

Energy

Six Teenagers Win Court Appeal In Colorado Fracking Case

Apr 11, 2017 at 15:01 | Tsvetana Paraskova

The Colorado Court of Appeals has recently ruled 2-1 in favor of six teenage activists who had petitioned the Colorado Oil and Gas Conservation Commission to consider a rule that…

Is The Oil Price Rally Running Out Of Steam?

Apr 11, 2017 at 14:40 | Tom Kool

Oil prices started the week at a one-month high, with geopolitical tensions and growing confidence over an OPEC deal extension driving a rally. But as oil prices settle in the…

Saudis Cut Deeper In March, Continue To ‘Overcomply’ With OPEC Deal

Apr 11, 2017 at 13:27 | Tsvetana Paraskova

Saudi Arabia reduced its crude oil production by 111,000 bpd to 9.9 million bpd in March, again generously overcomplying with the OPEC output cut deal after having raised February output—but…

Oil Prices Inch Higher Ahead Of Inventory Data

Apr 11, 2017 at 11:51 | Matt Smith

Today is national submarine day, and oil prices are trying not to submerge after a recent sustained rally. Today we get the opening gambit from the triumvirate of reports from…

Libyan Oil Production Falls Further As Wafa Field Goes Offline

Apr 11, 2017 at 10:48 | Irina Slav

Just a day after production at Libya’s largest oil field was suspended, the National Oil Corporation told local media that another field, Wafa, has also stopped producing. This…

This Government Is Drilling A NatGas Project Unlike We’ve Ever Seen

Apr 11, 2017 at 10:08 | Dave Forest

Quick update to my recent story on Libya’s largest oil field shutting down— with reports yesterday suggesting that the Sharara field has once again gone offline following possible…

Why Breakeven Prices Are Plunging Across The Oil Industry

Apr 10, 2017 at 16:42 | Arthur Berman

Shale companies have pushed breakeven oil prices below $40 per barrel—but so have major oil companies. Analysts commonly portray cost reduction as something unique to the tight oil companies. Data…

Is Another Bust Looming Over The Oil Industry?

Apr 10, 2017 at 15:37 | Dwayne Purvis

Notable authorities such as the EIA, the IEA, OPEC and BP forecast growth of demand for oil in their base case scenarios through the end of their forecast periods. These…

Can ‘Fire Ice’ Solve Japan’s Energy Problem?

Apr 10, 2017 at 13:35 | Tsvetana Paraskova

Resource-challenged Japan, the world’s top LNG importer, the third-largest oil consumer and net importer, and the third biggest coal importer, is estimated to have spent an additional annual average…

Arab Oil Producers Boast Over Half Of The World’s Reserves

Apr 10, 2017 at 11:43 | Irina Slav

The eleven Arab countries that comprise the Organization of Arab Petroleum Exporting Countries have combined proved reserves of 710 billion barrels of crude – 55.6 percent of the world’s total,…

Oil Prices Pull Higher On Outage In Libya’s Biggest Oil Field

Apr 10, 2017 at 10:41 | Irina Slav

Production from Sharara, Libya’s biggest oil field, has stopped again, unnamed sources told Bloomberg. The sources said the pipeline that carries crude from Sharara to the Zawiya export terminal…

Iran’s Top Security Officials Could Kill Its Oil Future

Apr 10, 2017 at 09:59 | Dave Forest

A potential oil and gas opportunity emerged last week in Romania. When that country’s government liberalized pricing and exports for natural gas— which could see producers here getting better…

The U.S. Rig Count Is An Over-Rated Indicator Of Future Oil Prices

Apr 07, 2017 at 17:39 | David Yager

The Baker Hughes North American Rotary Rig Count wallowed in relative obscurity among the world’s business writers for decades. The Hughes in Baker Hughes is the original Hughes Tool Company,…

Shale Hotspot Draws In Another Big Oil Player

Apr 07, 2017 at 17:39 | Tsvetana Paraskova

The oil price crash that destroyed a lot of smaller oil producers has not spared the finances of even the oldest and largest oil companies. Trying to keep the precious…

Niger Delta Diplomacy At Work: Oil Production Recovers In Nigeria

Apr 07, 2017 at 17:25 | Zainab Calcuttawala

Nigerian President Muhammadu Buhari’s nascent campaign to negotiate with separatists in the oil-rich Niger Delta has proven to be more effective in restoring oil output to pre-conflict highs than his…

How U.S. LNG Transformed The Market

Apr 07, 2017 at 17:24 | Nick Cunningham

The global market for LNG is changing quickly, spurred on by new sources of supply from U.S. shale. U.S. natural gas production surged over the past decade, as fracking opened…

EV Startups Fighting Uphill Battle Against Tesla

Apr 07, 2017 at 17:19 | Jon LeSage

While Tesla, Inc. (TSLA), wowed investors by breaking $300 per share, it may be the leading anomaly for the cleantech and alt energy stock market. Reaching $53 billion in market…

Venezuela’s Maduro Tightens His Grip On Power

Apr 07, 2017 at 17:09 | Luis Colasante

Venezuela’s economic, humanitarian and political crisis hit critical levels at the end of March, when Venezuela’s president and the Supreme Court of Justice initiated a process that will deprive the…

Moldova Picks Ukraine Over Russia In New Energy Deal

Apr 07, 2017 at 17:04 | The Jamestown Foundation

Ukraine’s DTEK Trading, owned by Rinat Akhmetov, and Moldova’s state-owned intermediary, Energocom, signed a one-year contract, on April 1, for the supply of electricity to Moldovan distributors. Energocom/DTEK’s only competitor…

U.S. Shale’s Breakeven Myth

Apr 07, 2017 at 16:58 | Dan Dicker

Most oil analysts have one goal in mind, and it’s not to be right about predicting the future prices of oil. It’s about trying especially hard not to be wrong.…

Oilprice - The No. 1 Source for Oil & Energy News