• 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
  • 7 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 day 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?
  • 13 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in

News

Eight Years Late—UK Hinkley Point C To Be In Service By 2025

Eight Years Late—UK Hinkley Point C To Be In Service By 2025

Jan 17, 2018 at 11:39 | Tsvetana Paraskova

EDF Energy—the developer of the first new nuclear power plant in the UK in a generation, Hinkley Point C, is confident that it can put the first unit into…

Sunk Iranian Oil Tanker Leave Behind Two Slicks

Sunk Iranian Oil Tanker Leave Behind Two Slicks

Jan 17, 2018 at 10:40 | Irina Slav

Sanchi, the Iranian tanker carrying condensate to South Korea that crashed into a Chinese freight ship on January 6 and sank earlier this week, has produced two oil slicks, Chinese…

Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators

Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators

Jan 17, 2018 at 09:14 | Irina Slav

Saudi Arabia has excluded Swiss UBS, Bank of America Merrill Lynch, and Barclays from the select group of investment banks invited to pitch for the role of coordinators in the…

WCS-WTI Spread Narrows As Exports-By-Rail Pick Up

WCS-WTI Spread Narrows As Exports-By-Rail Pick Up

Jan 16, 2018 at 17:18 | Zainab Calcuttawala

Volume constraints on the Keystone pipeline system levied by U.S. regulators have widened the spread between Western Canadian Select crude prices and benchmark American crude prices, but the…

Norway Grants Record 75 New Offshore Exploration Leases

Norway Grants Record 75 New Offshore Exploration Leases

Jan 16, 2018 at 15:33 | Zainab Calcuttawala

Norway awarded a record seventy-five new offshore oil exploration leases to companies in its latest bidding round, according to a new report by Reuters. “The number of licenses is…

China’s Growing Appetite For Renewables

China’s Growing Appetite For Renewables

Jan 16, 2018 at 15:28 | Zainab Calcuttawala

The Chinese appetite for clean energy has boosted international investments in solar energy, according to a new report by Bloomberg. Renewables and clean energy innovators won $333.5 billion in…

Chevron To Resume Drilling In Kurdistan

Chevron To Resume Drilling In Kurdistan

Jan 16, 2018 at 13:40 | Tsvetana Paraskova

Chevron expects to restart drilling in the semi-autonomous Kurdistan Region in Iraq and is taking steps to remobilize staff and equipment, The Wall Street Journal quoted a Chevron spokeswoman…

India Boosts Oil, Gas Resource Estimate Ahead Of Bidding Round

India Boosts Oil, Gas Resource Estimate Ahead Of Bidding Round

Jan 16, 2018 at 11:09 | Tsvetana Paraskova

India has increased the estimates of its oil and gas resources by 50 percent from the volumes assessed more than 20 years ago, the country’s oil regulator said, just days…

India’s Reliance Boosts Export Refinery Capacity By 30%

India’s Reliance Boosts Export Refinery Capacity By 30%

Jan 16, 2018 at 11:00 | Tsvetana Paraskova

India’s Reliance Industries has increased the capacity of its export-oriented refinery at the world’s biggest refinery complex by 30 percent to 704,000 bpd, an Indian government report has said.…

Nigeria Among Worst Performers In Electricity Supply

Nigeria Among Worst Performers In Electricity Supply

Jan 16, 2018 at 09:12 | Irina Slav

Nigeria is the second-worst country in terms of electricity supply out of 137 countries ranked by the Spectator Index. It is second only to war-torn Yemen, and its national…

ELN Attacks Another Colombian Pipeline As Ceasefire Ceases

ELN Attacks Another Colombian Pipeline As Ceasefire Ceases

Jan 15, 2018 at 16:45 | Zainab Calcuttawala

Colombia’s Transandino pipeline stopped operating on Sunday after a bomb planted by ELN rebels caused a crude spill into a nearby river, according to a joint announcement by Ecopetrol and…

Shell Buys 43.8% Stake In Silicon Ranch Solar

Shell Buys 43.8% Stake In Silicon Ranch Solar

Jan 15, 2018 at 16:24 | Zainab Calcuttawala

Royal Dutch Shell approved a deal on Monday to buy a 43.8 percent stake in Silicon Ranch Corp, a solar energy company currently owned by the Partners Group’s energy portfolio.…

Saudis To Award Nuclear Power Contracts In December

Saudis To Award Nuclear Power Contracts In December

Jan 15, 2018 at 16:18 | Tsvetana Paraskova

Saudi Arabia expects to award the contracts for the construction of its first nuclear reactors in December this year, and will be picking bidders from the pool of U.S., China,…

Shell Approves Its First North Sea Oil Project In Six Years

Shell Approves Its First North Sea Oil Project In Six Years

Jan 15, 2018 at 14:03 | Tsvetana Paraskova

Shell is going ahead with the redevelopment of the Penguins oil and gas field in the UK North Sea, the oil major said on Monday in its first major…

China Unlikely To Maintain Record Oil Product Exports

China Unlikely To Maintain Record Oil Product Exports

Jan 15, 2018 at 14:03 | Tsvetana Paraskova

China exported a record volume of refined oil products in December, but the oil price rally has been driving refining margins down in recent weeks. These falling margins mean…

Australia Solar Power Additions Hit Record In 2017

Australia Solar Power Additions Hit Record In 2017

Jan 15, 2018 at 12:59 | Irina Slav

Australia’s new solar capacity addition hit the highest on record, according to preliminary estimates from the Clean Energy Regulator, at 1.05 GW, Bloomberg reports. The country is among the…

Morocco Prepares $4.6B Gas Project Tender

Morocco Prepares $4.6B Gas Project Tender

Jan 15, 2018 at 12:03 | Irina Slav

Morocco is preparing to launch a tender for a natural gas project worth US$4.6 billion, the country’s Energy Minister Aziz Rabbah said in a Bloomberg interview. The gas will…

Iranian Oil Tanker Sinks After Second Explosion

Iranian Oil Tanker Sinks After Second Explosion

Jan 15, 2018 at 08:43 | Irina Slav

A second explosion on board the Iranian tanker Sanchi, which had been burning for a week, sank the vessel, leaving no hope for any survivors from the 32-strong crew.…

Russia To Discuss Possible Exit From OPEC Deal

Russia To Discuss Possible Exit From OPEC Deal

Jan 12, 2018 at 17:06 | Zainab Calcuttawala

Russia may be on its way out of the OPEC output reduction deal, according to the country’s Energy Minister, Alexander Novak. Reuters reports that Novak might discuss the country’s…

Iranian Oil Tanker Drifts Into Japanese Waters As Fires Rage On

Iranian Oil Tanker Drifts Into Japanese Waters As Fires Rage On

Jan 12, 2018 at 17:01 | Zainab Calcuttawala

The Iranian oil tanker that collided with another vessel in the East China Sea is now drifting towards the Japanese exclusive economic zone due to strong winds, according to

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