• 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
  • 3 hours How Far Have We Really Gotten With Alternative Energy
  • 3 days Could Someone Give Me Insights on the Future of Renewable Energy?
  • 2 days e-truck insanity
  • 17 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.
Russia's LNG Expansion Plans Hit the Wall

Russia's LNG Expansion Plans Hit the Wall

The Kremlin has set an…

U.S. Drilling Activity Slips

U.S. Drilling Activity Slips

The total number of active…

News

Saudis Look To Enrich Uranium For Nuclear Power Program

Saudis Look To Enrich Uranium For Nuclear Power Program

Sep 09, 2019 at 17:04 | Tsvetana Paraskova

Saudi Arabia plans to have uranium produced and enriched in the future for a civil nuclear power program, the newly-appointed Saudi energy minister, Prince Abdulaziz bin Salman, said on…

OPEC, Allies May Discuss New Metrics To Monitor Oil Market

OPEC, Allies May Discuss New Metrics To Monitor Oil Market

Sep 09, 2019 at 17:00 | Tsvetana Paraskova

A monitoring committee of OPEC and its partners in the production cut deal could discuss this week adopting new metrics to monitor the state of the global oil market and…

Qatar Shortlists Oil Majors For LNG Expansion Project

Qatar Shortlists Oil Majors For LNG Expansion Project

Sep 09, 2019 at 14:07 | Tsvetana Paraskova

Qatar Petroleum has shortlisted several Big Oil firms willing to buy a stake in Qatar’s mega project to expand its liquefied natural gas (LNG) export capacity, and will look at…

Saudis Want Richest Families As Anchor Investors In Aramco IPO

Saudis Want Richest Families As Anchor Investors In Aramco IPO

Sep 09, 2019 at 12:11 | Tsvetana Paraskova

Saudi officials have approached some of the richest families in Saudi Arabia about potentially becoming anchor investors in the initial public offering (IPO) of state oil giant Aramco, Bloomberg

Mexico Confirms Series Of Oil Hedges, Including Pemex One

Mexico Confirms Series Of Oil Hedges, Including Pemex One

Sep 09, 2019 at 11:28 | Irina Slav

Mexico will hedge its oil production against low prices, the government said in its budget proposal for next financial year, and Pemex will conduct its own hedge. Reuters reports…

JP Morgan Emerges As Frontrunner In Aramco IPO

JP Morgan Emerges As Frontrunner In Aramco IPO

Sep 09, 2019 at 09:15 | Irina Slav

JP Morgan has emerged as the frontrunner for the leading advisor role in the Aramco initial public offering, Reuters reports, citing an unnamed source in the know. The bank…

Europe’s Biggest Gas Pipeline Operator Looks To Get Hands On US Assets

Europe’s Biggest Gas Pipeline Operator Looks To Get Hands On US Assets

Sep 06, 2019 at 17:43 | Julianne Geiger

Europe’s biggest gas pipeline operator, Italy-based Snam is crafting a bid for a piece of Energy Transfer Partner’s $6 billion natural gas pipeline, Reuters sources said on Friday. If successful,…

Platts Survey: OPEC Boosts Oil Production In August

Platts Survey: OPEC Boosts Oil Production In August

Sep 06, 2019 at 17:40 | Tsvetana Paraskova

OPEC’s crude oil production rose in August compared to July, another market survey found on Friday, despite OPEC’s continued calls for sticking to the cuts to achieve “market stability.”  …

Uganda Oil Pipeline On Hold After Total-Tullow Deal Falls Through

Uganda Oil Pipeline On Hold After Total-Tullow Deal Falls Through

Sep 06, 2019 at 16:14 | Tsvetana Paraskova

All activities on an oil pipeline planned to export crude from Uganda have been suspended, following the collapse of a stake acquisition deal in a key Ugandan oil project, an…

EU-Russia-Ukraine Gas Talks To Take Place By End September

EU-Russia-Ukraine Gas Talks To Take Place By End September

Sep 06, 2019 at 13:43 | Tsvetana Paraskova

Russia and the European Union (EU) have agreed to hold the next EU-Russia-Ukraine trilateral gas talks this month, Maros Sefcovic, the European Commission Vice President in charge of the Energy Union,

Big Oil Might Bet $50B On Potentially Non-Viable Projects: Report

Big Oil Might Bet $50B On Potentially Non-Viable Projects: Report

Sep 06, 2019 at 12:48 | Irina Slav

Big Oil companies are betting $50 billion on oil and gas projects that would be unviable in a low-carbon world, Carbon Tracker has warned, noting that the approval of these…

Chinese Company Halts Work On Venezuelan Project

Chinese Company Halts Work On Venezuelan Project

Sep 06, 2019 at 11:13 | Irina Slav

A Chinese company hired to expand the capacity of an oil blending facility in Venezuela has halted the work because it has not been paid, Bloomberg reports, adding the news…

Canadian Senate Security Apologizes After Calling Man’s Pro-Oil Shirt Offensive

Canadian Senate Security Apologizes After Calling Man’s Pro-Oil Shirt Offensive

Sep 06, 2019 at 09:34 | Irina Slav

The security service for the Canadian Senate has apologized to an energy industry executive who complained in an open letter about being forced to turn his T-shirt inside out during…

Exxon Agrees To $4 Billion Sale Of 20 Oil And Gas Assets In Norway

Exxon Agrees To $4 Billion Sale Of 20 Oil And Gas Assets In Norway

Sep 05, 2019 at 17:40 | Julianne Geiger

Exxon has agreed to sell off its oil and gas assets in Norway in a $4 billion deal, Reuters sources familiar with the matter said on Thursday, in what…

Mexico’s Oil Hedge Takes Next Step

Mexico’s Oil Hedge Takes Next Step

Sep 05, 2019 at 17:23 | Julianne Geiger

After questions were raised about Mexico’s billion-dollar stalled oil hedge surfaced last month, Mexico is now moving forward with the lucrative hedging program, exclusive Reuters sources said on Thursday.…

Saudi Aramco Boosts Oil Investment In China’s Downstream

Saudi Aramco Boosts Oil Investment In China’s Downstream

Sep 05, 2019 at 16:32 | Tsvetana Paraskova

Saudi Aramco signed on Thursday an agreement with the Zhejiang Free Trade Zone in China to facilitate the acquisition of 9 percent in a local refinery and further expand…

Chinese Oil Buyers Resell Cargoes Of US Oil To Avoid Tariffs

Chinese Oil Buyers Resell Cargoes Of US Oil To Avoid Tariffs

Sep 05, 2019 at 13:12 | Tsvetana Paraskova

Chinese oil buyers are reselling cargoes of U.S. crude oil that were set to arrive in China after Beijing slapped a 5-percent tariff on U.S. crude on September 1—and India…

UK Takes The Lead In Offshore Wind Power

UK Takes The Lead In Offshore Wind Power

Sep 05, 2019 at 11:18 | Precise Consultants

It’s thanks to her that the UK has been catapulted right to the top of the European installed capacity league table. This enormous 588 MW wind farm, eight miles…

US Offered Millions To Captain To Help Seize Iranian Oil Tanker

US Offered Millions To Captain To Help Seize Iranian Oil Tanker

Sep 05, 2019 at 10:18 | Tsvetana Paraskova

The United States has offered several million dollars to the captain of the Iranian oil tanker Adrian Darya 1 to steer it to a port in a country that would…

Canada Court To Hear Challenges Against Trans Mountain

Canada Court To Hear Challenges Against Trans Mountain

Sep 05, 2019 at 09:36 | Irina Slav

Soon after the Canadian federal government announced that work will resume on the controversial Trans Mountain oil pipeline expansion project, the Federal Court of Appeal said it will allow…

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