• 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
  • 21 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 3 hours How Far Have We Really Gotten With Alternative Energy
  • 1 day e-truck insanity
  • 14 hours An interesting statistic about bitumens?
  • 4 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 7 days Bankruptcy in the Industry
  • 4 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 7 days The United States produced more crude oil than any nation, at any time.
How Gold Became an Essential Component in Nvidia's GPUs

How Gold Became an Essential Component in Nvidia's GPUs

Nvidia's GPU microchips, essential for…

Big Oil May Not Support All Trump 2.0 Policies

Big Oil May Not Support All Trump 2.0 Policies

Trump's two primary campaign promises,…

News

U.S. Consumer Spending On Energy Grew Before The Pandemic

U.S. Consumer Spending On Energy Grew Before The Pandemic

Sep 10, 2020 at 13:38 | Charles Kennedy

Before the pandemic, direct U.S. energy expenditures by consumers were rising because of increased energy use and higher energy prices, the EIA said on Thursday. Between 2016 and 2018,…

Enbridge To Restart Line 5 Pipeline

Enbridge To Restart Line 5 Pipeline

Sep 10, 2020 at 12:46 | Irina Slav

Enbridge will restart the Line 5 pipeline after it won the approval of the Pipeline and Hazardous Materials Safety Administration. It also won a case at the Michigan Circuit…

Latin America's Is Emerging As A Renewable Energy Powerhouse

Latin America's Is Emerging As A Renewable Energy Powerhouse

Sep 10, 2020 at 11:32 | Rystad Energy

Latin America is emerging as a green powerhouse, with some of the strongest renewable capacity growth expected globally in the coming years. With auctions already adopted throughout Latin America, Rystad…

Nigeria Plans Giving Up Controlling Stake In All Oil Refineries

Nigeria Plans Giving Up Controlling Stake In All Oil Refineries

Sep 10, 2020 at 10:45 | Tsvetana Paraskova

Nigerian National Petroleum Corporation (NNPC) is in talks to hand over the majority stakes in Nigeria’s all four refineries, which are all in dire need of an upgrade, NNPC’s group…

BP, Major Wall Street Banks Want Carbon Pricing Policy In U.S.

BP, Major Wall Street Banks Want Carbon Pricing Policy In U.S.

Sep 10, 2020 at 09:33 | Tsvetana Paraskova

Supermajor BP, as well as many major Wall Street banks, recommends that the U.S. set a price on carbon in a report commissioned by the U.S. Commodity Futures Trading…

Surprise Crude Oil Build Thwarts Price Rally

Surprise Crude Oil Build Thwarts Price Rally

Sep 09, 2020 at 15:46 | Julianne Geiger

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 2.970 million barrels for the week ending September 4. Analysts had predicted an inventory draw…

Libya’s State Oil Firm: War Ship Treathens Vital Oil Facilities

Libya’s State Oil Firm: War Ship Treathens Vital Oil Facilities

Sep 09, 2020 at 14:02 | Tsvetana Paraskova

Libya’s National Oil Corporation (NOC) said that a warship had been staying at the Ras Lanuf oil terminal for several days, and has demanded that the military activity at…

Russia's Gazprom Boosts Natural Gas Supplies To China

Russia's Gazprom Boosts Natural Gas Supplies To China

Sep 09, 2020 at 12:41 | Michael Kern

Russia's natural gas monopoly Gazprom has increased its natural gas supply to China via the new pipeline Power of Siberia in July and August, compared to June, a senior Gazprom…

Mexico’s Pemex Slashes Oil Production Target For 2021

Mexico’s Pemex Slashes Oil Production Target For 2021

Sep 09, 2020 at 12:18 | Irina Slav

Mexico has revised down energy giant Pemex’s oil production target for next year by more than 8 percent in what was a no-surprise move to those familiar with the company’s…

Pessimism Over Economic Recovery Grows In Canada’s Oil Province

Pessimism Over Economic Recovery Grows In Canada’s Oil Province

Sep 09, 2020 at 11:13 | Tsvetana Paraskova

The majority of people in Canada's oil-producing province of Alberta saw their economic fortunes worsened after the pandemic and the oil price crash, compared to a national average of 35…

Musk Lost $16.3 Billion In Tesla’s Biggest Ever Stock Drop

Musk Lost $16.3 Billion In Tesla’s Biggest Ever Stock Drop

Sep 09, 2020 at 10:39 | Charles Kennedy

Tesla’s chief executive Elon Musk’s wealth shrunk by $16.3 billion in a single day as the company’s shares tanked, Bloomberg reports. Tesla’s stock plunged by the most in its…

Gold Prices Rise Despite Positive Employment Data

Gold Prices Rise Despite Positive Employment Data

Sep 09, 2020 at 09:34 | Arkadiusz Sieron

The U.S. labor market improved in August, although headlines paint too rosy a picture. What does it all mean for the gold market? Great news for…

Natural Gas Prices Tank, But Regional Price Differentials Narrow

Natural Gas Prices Tank, But Regional Price Differentials Narrow

Sep 08, 2020 at 17:39 | Charles Kennedy

Along with WTI and Brent crude prices, natural gas prices fell precipitously on Tuesday, but the regional differences in gas prices during the last couple of months are shrinking according…

Russian Energy Minister: Russia Should Regain Market Share As Soon As Feasible

Russian Energy Minister: Russia Should Regain Market Share As Soon As Feasible

Sep 08, 2020 at 15:33 | Tsvetana Paraskova

Russia should regain its share on the global oil market once demand returns to normal, and it can do that and even increase its market share after the drop-off in…

Saudi Arabia Advances Nuclear Power Agenda

Saudi Arabia Advances Nuclear Power Agenda

Sep 08, 2020 at 13:38 | Irina Slav

Saudi Arabia has scored the support of the International Atomic Energy Agency in its effort to adopt nuclear energy, Reuters reports, quoting a Saudi TV channel that cited the…

Exxon Makes 18th Oil Discovery Offshore Guyana

Exxon Makes 18th Oil Discovery Offshore Guyana

Sep 08, 2020 at 11:45 | Charles Kennedy

ExxonMobil said on Tuesday it had made its 18th oil discovery offshore Guyana, which adds to its previous estimate of more than 8 billion barrels of discovered recoverable resources…

More Electricity Outages Threaten Californians

More Electricity Outages Threaten Californians

Sep 08, 2020 at 10:27 | Irina Slav

Less than a month after California utilities barely prevented planned outages amid a heatwave that led to a boom in power consumption, the threat is back: PG&E said late yesterday…

Japan Tried To Broker Oil Barter Deal Between Iran, U.S.

Japan Tried To Broker Oil Barter Deal Between Iran, U.S.

Sep 08, 2020 at 09:26 | Michael Kern

The Japanese government tried to melt the freeze between Washington and Tehran by proposing a swap deal involving Iranian oil and U.S. grain, Kyodo reports, citing unnamed government sources.…

COVID-19 Forces Libyan Oil Companies To Halt Operations

COVID-19 Forces Libyan Oil Companies To Halt Operations

Sep 08, 2020 at 08:30 | Julianne Geiger

Two of Libya’s National Oil Company affiliates on Monday sent some oil workers home and halted some work due to the spread of Covid-19, according to a NOC statement. Libya’s…

Fire Erupts Again On Oil Tanker Off Sri Lanka

Fire Erupts Again On Oil Tanker Off Sri Lanka

Sep 07, 2020 at 17:36 | Tsvetana Paraskova

A new fire has erupted on the fully loaded oil tanker offshore Sri Lanka, due to extreme temperatures and high winds, the Sri Lanka Navy said on Monday, days…

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