• 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
  • 1 day GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 2 hours They pay YOU to TAKE Natural Gas
  • 6 days e-truck insanity
  • 4 days An interesting statistic about bitumens?
  • 9 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 9 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)

Breaking News:

Oil Prices Set for Another Weekly Loss

The Renewable Revolution Hinges on Recycled Metals

The Renewable Revolution Hinges on Recycled Metals

E-waste contains a significant amount…

The Cold Hard Truth About Renewable Energy Adoption

The Cold Hard Truth About Renewable Energy Adoption

The energy transition, while necessary,…

News

Total Forced To Halt $20B Mozambique LNG Project After Militant Attacks

Total Forced To Halt $20B Mozambique LNG Project After Militant Attacks

Apr 26, 2021 at 12:22 | Tsvetana Paraskova

France’s supermajor Total declared force majeure on Monday on its US$20-billion liquefied natural gas (LNG) project in Mozambique following recent Islamist militant attacks in towns close to the site.…

Lawsuit Claims Petrobras Ordered Murder Of Shell Exec And His Wife In 2003

Lawsuit Claims Petrobras Ordered Murder Of Shell Exec And His Wife In 2003

Apr 26, 2021 at 10:39 | Charles Kennedy

A lawsuit against the U.S. State Department has accused Brazilian state-owned oil major Petrobras of ordering the murders of Shell executive Todd Staheli and his wife in 2003 and demanded…

Three Killed In Attack On Oil Tanker Off Syrian Coast

Three Killed In Attack On Oil Tanker Off Syrian Coast

Apr 26, 2021 at 08:59 | Irina Slav

A drone attack set an oil tanker off the Syrian coast on fire, the country’s oil ministry said as quoted by various media, adding that it suspected the attack came…

New Court Verdict Imperils Dakota Access Pipeline Again

New Court Verdict Imperils Dakota Access Pipeline Again

Apr 23, 2021 at 18:15 | Julianne Geiger

The latest step in the Dakota Access Pipeline’s years-long saga saw on Friday a U.S. Court of Appeals for D.C. deny DAPL’s petition for a rehearing that would have ended…

Houthis Claim Drone Attack On Saudi Aramco Oil Facility

Houthis Claim Drone Attack On Saudi Aramco Oil Facility

Apr 23, 2021 at 13:32 | Tsvetana Paraskova

The Iran-aligned Houthi movement in Yemen targeted with a drone a facility of Saudi Aramco in the southwestern Saudi city Jizan, a military spokesman for the rebels wrote on Twitter,…

Two-Thirds Of Americans Are Interested In Electric Vehicles

Two-Thirds Of Americans Are Interested In Electric Vehicles

Apr 23, 2021 at 10:24 | Irina Slav

Some 66 percent of Americans are interested in electric cars thanks to the generous investment plan of the Biden administration for boosting EV adoption, a survey by marketplace Cars.com…

Venezuela Ups Domestic Oil Refining, Hurting Crude Exports

Venezuela Ups Domestic Oil Refining, Hurting Crude Exports

Apr 23, 2021 at 08:55 | Irina Slav

Venezuela's PDVSA is using more of its domestic output of medium and light crude oil grades for refining, reducing their availability as diluents for its heavy export grades, Reuters has…

Refiner Valero: U.S. Renewable Diesel Stocks Are Running Low

Refiner Valero: U.S. Renewable Diesel Stocks Are Running Low

Apr 22, 2021 at 17:33 | Julianne Geiger

The U.S. renewable diesel market is hot—so hot, in fact, that one of the feedstocks for the highly profitable renewable fuel is running low, according to Valero. That feedstock—used cooking…

China Pledges To Start Cutting Coal Consumption In 2026-2030

China Pledges To Start Cutting Coal Consumption In 2026-2030

Apr 22, 2021 at 17:05 | Charles Kennedy

In a bid to cut emissions, China will begin phasing down its consumption of coal in 2026-2030, Chinese President Xi Jinping said during the U.S.-led virtual Leaders’ Summit on Climate…

Africa’s Largest Oil Producer Loses $29B Per Year On Power Outages

Africa’s Largest Oil Producer Loses $29B Per Year On Power Outages

Apr 22, 2021 at 14:12 | Charles Kennedy

Businesses in Nigeria are losing each year around US$29 billion because of the unreliable power supply, the World Bank said in an estimate about the OPEC country, which is…

Biden’s Aggressive Emissions Target Could Have A Major Impact On U.S. Oil

Biden’s Aggressive Emissions Target Could Have A Major Impact On U.S. Oil

Apr 22, 2021 at 12:34 | Tsvetana Paraskova

U.S. President Joe Biden unveiled on Thursday a new emissions-reduction target aiming to cut greenhouse gas emissions by 50-52 percent from 2005 levels in 2030 in an announcement that…

Iran Exports 500,000 Bpd Despite Sanctions

Iran Exports 500,000 Bpd Despite Sanctions

Apr 22, 2021 at 10:33 | Irina Slav

Iran’s crude oil exports since the start of the month have averaged around 500,000 bpd, according to a Reuters report that cites estimates from tanker tracking companies. This is…

Mexico Congress Passes Controversial Pro-Pemex Bill

Mexico Congress Passes Controversial Pro-Pemex Bill

Apr 22, 2021 at 09:38 | Charles Kennedy

The lower house of the Mexican parliament has passed a controversial bill that will give state-owned oil major Pemex more sway over the Mexican fuel market. Bloomberg reports that…

U.S. Cancels All Q2 Oil, Gas Lease Sales

U.S. Cancels All Q2 Oil, Gas Lease Sales

Apr 21, 2021 at 17:50 | Julianne Geiger

The United States Department of the Interior will cancel all oil and gas lease sales from public lands through the end of June, according to a Bureau of Land Management…

Oilfield Services Giants Optimistic About Drilling Recovery

Oilfield Services Giants Optimistic About Drilling Recovery

Apr 21, 2021 at 17:12 | Tsvetana Paraskova

Two of the world’s largest oilfield services providers, Baker Hughes and Halliburton, reported on Wednesday profits beating expectations and expressed optimism that oil demand and oil drilling activity will grow…

Gunmen Abduct Oil Workers In Northeast India

Gunmen Abduct Oil Workers In Northeast India

Apr 21, 2021 at 17:05 | Tsvetana Paraskova

Gunmen abducted early on Wednesday three employees of India’s Oil and Natural Gas Corporation (ONGC) on a rig site in northeast India, the country’s biggest oil and gas production firm…

Billionaire Trader: Seismic Shift Is Taking Place In Houston Oil Patch

Billionaire Trader: Seismic Shift Is Taking Place In Houston Oil Patch

Apr 21, 2021 at 13:08 | Tsvetana Paraskova

The energy industry in Houston is in the midst of a “seismic shift” with much of the discussion and funding now focused on clean energy instead of on oil and…

Rystad Energy Sees Oil Demand Peaking In 2026

Rystad Energy Sees Oil Demand Peaking In 2026

Apr 21, 2021 at 12:26 | Tsvetana Paraskova

The accelerating adoption of electric vehicles (EVs) and electrification in other oil-consuming sectors is set to bring peak oil demand as early as 2026 at 101.6 million barrels per day…

Oil Dips As COVID Wave Sweeps India, Japan

Oil Dips As COVID Wave Sweeps India, Japan

Apr 21, 2021 at 11:32 | Tsvetana Paraskova

Oil prices slipped by 2 percent early on Wednesday, dragged down by surging coronavirus cases across major energy importers India and Japan. As of 09:55 a.m. EDT on Wednesday,

Reinstated Lockdowns Threaten India’s Oil Demand Recovery

Reinstated Lockdowns Threaten India’s Oil Demand Recovery

Apr 21, 2021 at 09:22 | Charles Kennedy

Amid record daily new COVID cases and reinstated lockdowns in populous cities, Indian refiners have started to cut oil processing rates as fuel demand in the world’s third-largest crude importer…

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