• 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
  • 25 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 24 hours They pay YOU to TAKE Natural Gas
  • 6 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 6 days How Far Have We Really Gotten With Alternative Energy
  • 10 days e-truck insanity
  • 8 days An interesting statistic about bitumens?
  • 12 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
Battery Storage Is the No. 1 Energy Investment Playground

Battery Storage Is the No. 1 Energy Investment Playground

Battery storage was the fastest-growing…

Will Big Oil See Better Earnings In Q2?

Will Big Oil See Better Earnings In Q2?

The energy sector has underperformed…

News

National Grid: Excess UK Gas Supply Could Help Europe Boost Storage Levels

National Grid: Excess UK Gas Supply Could Help Europe Boost Storage Levels

Apr 15, 2022 at 12:50 | City A.M

The UK will have enough gas to meet demand this summer and could sell more supplies to Europe due to low storage levels on the continent, revealed National…

EU Warns Members That Paying Rubles For Gas Would Violate Sanctions

EU Warns Members That Paying Rubles For Gas Would Violate Sanctions

Apr 15, 2022 at 12:45 | ZeroHedge

An internal European Commission note, the contents of which has come to light and is being reported for the first time on Thursday, has spelled out that European…

Japan To Step Up Investment In LNG

Japan To Step Up Investment In LNG

Apr 15, 2022 at 11:45 | Charles Hugh Smith

Japan will increase investments in the production of liquefied natural gas abroad to secure supply, the country's industry minister said today. "Russia's invasion of Ukraine has intensified competition for purchasing…

Britons Back Russian Oil Ban Even If Their Energy Bills Surge

Britons Back Russian Oil Ban Even If Their Energy Bills Surge

Apr 15, 2022 at 11:32 | Tsvetana Paraskova

Almost 70 percent of Britons believe that not using Russian oil and gas in the UK is the right thing to do after Russia’s invasion of Ukraine, even if not…

EU Embargo On Russian Oil Could Be “Months Away”

EU Embargo On Russian Oil Could Be “Months Away”

Apr 15, 2022 at 10:36 | Tsvetana Paraskova

A potential EU embargo on Russian oil imports may be in the works, but drafting and preparing for such a ban would likely take “several months,” AFP reported on…

Germans Urged To Conserve Energy To Pressure Russia

Germans Urged To Conserve Energy To Pressure Russia

Apr 15, 2022 at 09:24 | Irina Slav

The German economy minister has called on people to save energy in order to put pressure on Russia by reducing the country's consumption of gas imported from the newest addition…

U.S. Wind Surpassed Both Coal And Nuclear Power For The First Time Ever

U.S. Wind Surpassed Both Coal And Nuclear Power For The First Time Ever

Apr 14, 2022 at 14:58 | Charles Kennedy

Power generation from wind turbines was the second-largest source of electricity in the United States on March 29, behind only natural gas and surpassing both coal and nuclear power generation…

Russia Pulls The Nuclear Card, Warns Sweden And Finland Not To Join NATO

Russia Pulls The Nuclear Card, Warns Sweden And Finland Not To Join NATO

Apr 14, 2022 at 14:53 | ZeroHedge

As expected in the wake of Finland's announcement early this week that it could decide to apply for NATO membership "within weeks" -…

EU Set To Discuss Joint Gas Buying In Bid To Cut Russian Reliance

EU Set To Discuss Joint Gas Buying In Bid To Cut Russian Reliance

Apr 14, 2022 at 14:00 | Tsvetana Paraskova

The leaders of the European Union member states are expected to discuss at their summit at the end of May the idea of jointly buying natural gas to avoid competing…

Russia’s Invasion Of Ukraine Has Left Kazakhstan On Edge

Russia’s Invasion Of Ukraine Has Left Kazakhstan On Edge

Apr 14, 2022 at 13:13 | Eurasianet

In the space of only a few months, Kazakhstan has seen a major outburst of violent civil unrest within its own borders and then an invasion of Ukraine…

Amazon Adds 5% Surcharge For Fuel And Inflation

Amazon Adds 5% Surcharge For Fuel And Inflation

Apr 14, 2022 at 12:29 | Charles Kennedy

Amazon is introducing a 5-percent surcharge for third-party sellers using its shipping services, the first such surcharge for the company, as soaring fuel prices and inflation at a 40-year-high…

Soaring Gasoline Prices Raise U.S. Retail Sales

Soaring Gasoline Prices Raise U.S. Retail Sales

Apr 14, 2022 at 11:32 | Tsvetana Paraskova

More spending on gasoline amid surging prices lifted U.S. retail sales in March 2022, with spending at gasoline stations up by nearly 9 percent from February and up by a…

Shell, TotalEnergies Among Winners Of Latest Brazil Oil Tender

Shell, TotalEnergies Among Winners Of Latest Brazil Oil Tender

Apr 14, 2022 at 10:31 | Charles Kennedy

Supermajors Shell and TotalEnergies were among the winning bidders in an oil auction in Brazil that offered 59 exploration blocks, including several in the Santos Basin and several in the…

Libya Eyes Increase In Oil Output To 1.4 Million Bpd

Libya Eyes Increase In Oil Output To 1.4 Million Bpd

Apr 14, 2022 at 09:11 | Irina Slav

The Libyan government wants to boost the country's oil production to 1.4 million barrels daily, the Cabinet said on Facebook, as cited by Reuters today. "The national unity government…

Libya Can Hike Gas Production By 30% With A $1 Billion Investment

Libya Can Hike Gas Production By 30% With A $1 Billion Investment

Apr 13, 2022 at 17:42 | Charles Kennedy

Libya can raise its natural gas production by 30 percent with an investment of up to $1 billion, Italy’s Ambassador to Libya, Giuseppe Buccino, said at a round table…

Major Oil Traders Cut Russian Crude Purchases Starting Next Month

Major Oil Traders Cut Russian Crude Purchases Starting Next Month

Apr 13, 2022 at 15:52 | Julianne Geiger

Major crude trading houses are set to slash their purchases of Russian crude oil and crude products starting mid-May, anonymous Reuters sources said on Thursday. The move that will see…

India Faces Coal Shortage, Again

India Faces Coal Shortage, Again

Apr 13, 2022 at 15:14 | Charles Kennedy

India faces another coal crunch as coal inventories at utilities are at the lowest for this time of the year in nearly a decade, while power demand is set to…

Putin Confident Russia Will Find New Buyers Of Its Energy

Putin Confident Russia Will Find New Buyers Of Its Energy

Apr 13, 2022 at 11:51 | Tsvetana Paraskova

As many Western buyers shun Russian oil, gas, and coal, Moscow will find new customers for its energy products both domestically and overseas, Russian President Vladimir Putin was quoted as…

China’s Offshore Oil Giant Exits Western Markets Over Sanction Fears

China’s Offshore Oil Giant Exits Western Markets Over Sanction Fears

Apr 13, 2022 at 11:41 | Tsvetana Paraskova

Chinese CNOOC, the offshore oil and gas producing giant, is getting ready to quit its businesses and assets in the U.S., the UK, and Canada, over concerns that it may…

America Desperately Needs To Scale Up Battery Metal Production

America Desperately Needs To Scale Up Battery Metal Production

Apr 13, 2022 at 11:26 | ZeroHedge

A recent white paper has laid out some of the challenges in supplying minerals for any energy transition from fossil fuels, offering a timely warning for policymakers as the…

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