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Could The U.S. Become Lithium Independent?

Could The U.S. Become Lithium Independent?

Despite having some of the…

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$2-Trillion Funding Gap Casts Shadow over Energy Transition

Blackrock's Michael Dennis said that…

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Tesla to Lay Off Over 10% of Global Workforce

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Energy

China Just Became The No.1 Buyer Of U.S. Crude

Apr 05, 2017 at 13:54 | Tsvetana Paraskova

While OPEC is implementing production cuts, U.S. crude oil exports are steadily growing and winning customers even in China. In February, China was the biggest buyer of U.S. light crude…

Oil Erases Gains After Inventory Head-Fake

Apr 05, 2017 at 13:14 | Matt Smith

The crude complex is feeling charitable today, giving away most of its overnight gains, as last night's bullish API report head-faked the market. As Nonfarm Friday looms next on the…

OPEC Deal Extension Looks Shaky As Shale Hedges Production

Apr 05, 2017 at 12:16 | Precise Consultants

You’ve got to feel for the guy who hit ‘Send’. That statement would have been written, read by a committee, re-written with countless minor words removed or added before finally…

The Largest-Ever Hard Assets Fund Bodes Well For Energy

Apr 05, 2017 at 10:19 | Dave Forest

Private equity continues to rise as a force in natural resources, with the resource PE industry this week unveiling the largest fund raised in global history. Private equity analysts Preqin…

Oil Prices Plunge After Crude Inventories Rise To New Highs

Apr 05, 2017 at 09:50 | Irina Slav

A day after the American Petroleum Institute estimated commercial U.S. crude oil inventories hade declined by 1.83 million barrels last week and amid an unplanned production outage at…

Tanker Traffic Points At Much Tighter Oil Markets

Apr 04, 2017 at 17:47 | Nick Cunningham

Oil prices have rallied more than 6 percent since last week, which has largely been attributed to growing confidence in a six-month extension from OPEC combined with a…

Are Mexico’s Oil Reserves Almost Depleted?

Apr 04, 2017 at 16:44 | Tsvetana Paraskova

Mexico’s oil and gas regulator said last week that the country’s proved hydrocarbon reserves will drop by 10.6 percent in 2017. This forecast, coupled with the lower oil production that…

Is Natural Gas In The Midst Of A Boom-Bust Cycle?

Apr 04, 2017 at 16:34 | Gregory Brew

After six decades of relying on outside sources, the United States is poised to become a consistent net exporter of natural gas. The shale boom and the rush to…

World’s Biggest LNG Exporter Just Raised The Stakes

Apr 04, 2017 at 14:44 | Irina Slav

Qatar, the world’s biggest LNG exporter, is throwing the gauntlet to other large producers around the world by removing a drilling ban for its part of the North Field –…

Don’t Be Fooled By Daily Oil Prices

Apr 04, 2017 at 14:29 | David Melton

What is the daily price of oil? It is a flash on a bank sign on Wall Street in downtown Midland. It is something people love to modify readily to…

Oil Jumps On Growing Support For OPEC Deal Extension

Apr 04, 2017 at 14:00 | Tom Kool

Oil prices rose at the beginning of the week on the back of drawing inventories and increased support for an extension of the OPEC output cut deal.

Saudi Arabia Alters Oil Pricing To Attract European Buyers

Apr 04, 2017 at 13:24 | Tsvetana Paraskova

Saudi Arabia is trying to lure buyers from European markets by changing the way it prices its oil in order to make it easier for hedging, Reuters reported on…

When Will Russia Run Out Of Oil?

Apr 04, 2017 at 10:57 | Viktor Katona

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered,…

Gulf Of Mexico Breakeven Falls Below $50 Per Barrel

Apr 04, 2017 at 09:38 | Oil & Gas 360

Twice as many deepwater projects expected this year as the last two years combined While U.S. shale has been by far the most important topic when discussing U.S. oil and…

Permian Pipeline Bottleneck Forces Steep Discounts

Apr 03, 2017 at 16:44 | Nick Cunningham

Oil production in the Permian Basin is rising so quickly that drillers may find themselves without enough pipeline capacity to move their product. Shale drillers large and small are rushing…

Is An Iraqi Production Slowdown Inevitable?

Apr 03, 2017 at 16:44 | Nawar Alsaadi

A tremendous amount of digital, and real, ink has been spilled on the ongoing oil crash, much of it has been focused on U.S. shale production. Yet, the country that…

Oil Workers Become A Priority Target In South Sudan Conflict

Apr 03, 2017 at 16:23 | Zainab Calcuttawala

Attacks on foreigners working on South Sudan’s oil and gas facilities serve as a warning for multinationals to stay away from the new country’s national resources, just as oil…

Deepwater Will Soon Challenge Shale

Apr 03, 2017 at 14:08 | Irina Slav

Just when the focus in oil seemed to be firmly fixed on shale as the cheapest kind of crude, Wood Mackenzie went and ruined it for shale producers with a…

Malaysia’s Petronas Set To Rebound After 96% Dip In Profits In 2016

Apr 03, 2017 at 13:59 | Oxford Business Group

Petronas is pushing ahead with development of a large-scale refinery and petrochemicals plant in the southern state of Johor, with support from Saudi Arabia guaranteed as of last month.…

This Non-OPEC Member Just Called For An Extension Of The OPEC Deal

Apr 03, 2017 at 13:18 | Tsvetana Paraskova

Non-OPEC Oman will continue to cap its crude oil output at 970,000 bpd this year if OPEC and non-OPEC countries were to extend the production cuts through the end of…

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