• 3 minutes Australian power prices go insane
  • 7 minutes Wind droughts
  • 11 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 2 days Is Europe heading for winter of discontent with extensive gas shortages?
  • 3 days GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 day Hopes Are Dashed For International Oil Companies In North Iraq
  • 2 hours The United Nations' AGENDA 2030 - The vision for One World Governance ...an article by the famous Dr Robert Malone
  • 16 mins 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 3 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 6 hours "Mexico Plans to Become an Export Hub With US-Drilled Natural Gas" - Bloomberg - (See image)
  • 4 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 6 days Changing Gazprom ADRs to Russian shares
  • 14 hours The Federal Reserve and Money...Aspects which are not widely known

News

Gulf Of Mexico Pipelines Could Restart Today

Gulf Of Mexico Pipelines Could Restart Today

Aug 12, 2022 at 12:33 | Charles Kennedy

Gulf of Mexico offshore oil producers are working to restart output after damages to a pipeline halted operations at seven platforms, with Reuters…

Gulf Of Mexico Oil Outages Balloon Beyond Shell

Gulf Of Mexico Oil Outages Balloon Beyond Shell

Aug 12, 2022 at 11:17 | Julianne Geiger

At least two other oil majors shuttered their Gulf of Mexico platforms on Friday following a leak in the Fourchon booster station, shutting down the flow of crude through the…

Nord Stream Gas Flows Drop On Friday Afternoon

Nord Stream Gas Flows Drop On Friday Afternoon

Aug 12, 2022 at 10:43 | Charles Kennedy

Physical natural gas flows on the Nord Stream pipeline from Russia to Germany dropped to 13 million kWh/h on early Friday afternoon in Europe, data from Nord Stream showed.…

Major Petroleum Corridor At Risk Of Closure Due To Low Water Levels

Major Petroleum Corridor At Risk Of Closure Due To Low Water Levels

Aug 12, 2022 at 08:39 | Tsvetana Paraskova

Europe’s supply of fuels such as coal and petroleum products faces further disruptions in the coming days as the water levels on the Rhine River—a key waterway for…

Chinese Oil Giants Sinopec And PetroChina To Delist From NYSE

Chinese Oil Giants Sinopec And PetroChina To Delist From NYSE

Aug 12, 2022 at 07:59 | Tsvetana Paraskova

Chinese state-controlled oil giants Sinopec and PetroChina said on Friday that they intended to delist from the New York Stock Exchange, along with two other state-held firms.  

Europe’s Newest Gas Pipeline Could Come Online Within 9 Months

Europe’s Newest Gas Pipeline Could Come Online Within 9 Months

Aug 12, 2022 at 07:52 | Tsvetana Paraskova

Another natural gas pipeline could soon become operational in Europe to connect Spain and France, and the new link could start operations in around nine months, according to…

Kazakhstan To Reroute Oil Flow From Caspian Pipeline

Kazakhstan To Reroute Oil Flow From Caspian Pipeline

Aug 12, 2022 at 07:48 | Charles Kennedy

Kazakhstan will re-route some of its export oil to a pipeline in Azerbaijan as the Caspian Pipeline Consortium channel remains at risk of further suspensions, Reuters has

Goldman Sees $5 Gasoline, $130 Brent By Year End

Goldman Sees $5 Gasoline, $130 Brent By Year End

Aug 11, 2022 at 17:29 | Julianne Geiger

The price of retail gasoline just dipped below $4 per gallon, AAA data showed on Thursday, but prices could rise to $5 per gallon by the end of the year,…

Shell Halts Oil Output At Three Gulf Of Mexico Platforms

Shell Halts Oil Output At Three Gulf Of Mexico Platforms

Aug 11, 2022 at 14:58 | Julianne Geiger

Shell has halted production at three of its deepwater platforms in the Gulf of Mexico, Shell said in a statement to Reuters on Thursday. Shell has halted production at its…

IEA: Russian Oil Output Resilient, But Could Drop With EU Embargo

IEA: Russian Oil Output Resilient, But Could Drop With EU Embargo

Aug 11, 2022 at 14:05 | Charles Kennedy

Russian oil production and exports have been holding resilient in recent months, with much smaller declines than initially expected, the International Energy Agency (IEA) said on Thursday. But the…

China Heralds Another Major Oil Discovery

China Heralds Another Major Oil Discovery

Aug 11, 2022 at 13:59 | Charles Kennedy

China’s state-run China Petrochemical Group, Sinopec, says it has discovered a massive oilfield in the Tarim Basin, containing 1.7 billion tons of oil reserves.  The discovery…

UK Energy Firms Meet With Govt Ahead Of Winter Bills Shock

UK Energy Firms Meet With Govt Ahead Of Winter Bills Shock

Aug 11, 2022 at 12:58 | Tsvetana Paraskova

Major UK energy providers met with the government on Thursday to discuss ways to alleviate the cost pressures on households who are seeing soaring energy and gas bills, and those…

OPEC’s Oil Production Rises But Still Well Below OPEC+ Target

OPEC’s Oil Production Rises But Still Well Below OPEC+ Target

Aug 11, 2022 at 10:26 | Tsvetana Paraskova

OPEC’s total crude oil production rose by 216,000 barrels per day (bpd) in July compared to June, but combined production from the 10 OPEC members part of the OPEC+…

Former UK PM Calls For Energy Utility Nationalization

Former UK PM Calls For Energy Utility Nationalization

Aug 11, 2022 at 09:55 | Irina Slav

A former British Prime Minister has called for the nationalization of energy utilities that cannot offer their customers lower electricity prices. In an op-ed for The Guardian, Gordon Brown…

Alberta Oil Output Hits Record High

Alberta Oil Output Hits Record High

Aug 11, 2022 at 08:43 | Irina Slav

Crude oil production in Alberta reached a record high in the first half of the year, at 3.6 million bpd, which was 100,000 bpd higher than the average output for…

EU Embargo On Russian Coal Goes Into Effect

EU Embargo On Russian Coal Goes Into Effect

Aug 11, 2022 at 08:28 | Tsvetana Paraskova

The European Union embargo on imports of coal from Russia went into effect on August 11, with no exemptions from now on. The EU agreed months ago, in April, to 

Falling Gasoline Prices Keep Inflation In Check

Falling Gasoline Prices Keep Inflation In Check

Aug 10, 2022 at 16:27 | Charles Kennedy

The U.S. Consumer Price Index (CPI) saw no real change in July, suggesting that inflation is easing as a result of falling gasoline prices, according to the latest…

French Nuclear Giant Sues Government For $8 Billion

French Nuclear Giant Sues Government For $8 Billion

Aug 10, 2022 at 14:26 | Charles Hugh Smith

French nuclear giant EDF, forced to sell power to competitors below market value, is now suing the French government for over $8 billion in compensation. 

U.S. Refiners See Demand Holding Strong Through Year-End

U.S. Refiners See Demand Holding Strong Through Year-End

Aug 10, 2022 at 14:24 | Tsvetana Paraskova

American refiners and oil and gas operators expect strong demand for fuels and energy through the remainder of the year, despite analyst concerns in recent weeks that demand could take…

U.S.-Europe Oil Tankers Hit Blowout Day Rates

U.S.-Europe Oil Tankers Hit Blowout Day Rates

Aug 10, 2022 at 14:21 | Charles Kennedy

Rates for mid-sized oil tankers sailing from the U.S. Gulf of Mexico to Europe hit the $57,000-per-day level this week, a figure representing a 12X increase since January…

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