• 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
  • 5 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 23 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 22 hours How Far Have We Really Gotten With Alternative Energy
  • 34 mins e-truck insanity
  • 3 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 5 days Bankruptcy in the Industry
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 6 days The United States produced more crude oil than any nation, at any time.

News

Leading Climate Change Fund Claims Tesla Is Overvalued

Leading Climate Change Fund Claims Tesla Is Overvalued

Oct 02, 2017 at 14:26 | Zainab Calcuttawala

A leading climate fund is dropping its support of Tesla after declaring it an overvalued stock, according to a new report. “We don’t see upside,” Thomas Sorensen from the 

Russia’s Oil Output Remains Flat At 10.91 Million Bpd

Russia’s Oil Output Remains Flat At 10.91 Million Bpd

Oct 02, 2017 at 14:20 | Tsvetana Paraskova

Russia’s crude oil production was flat at 10.91 million bpd in September compared to August—staying at the lowest levels for 2017, as maintenance at some fields affected production, according…

Shell Restarts Louisiana Refinery After Last Week’s Fire

Shell Restarts Louisiana Refinery After Last Week’s Fire

Oct 02, 2017 at 14:14 | Tsvetana Paraskova

Royal Dutch Shell restarted over the weekend all but one units of its 227,586-bpd Convent refinery in Louisiana, sources told Reuters on Monday, after the facility was shut down…

China’s EV Market Nearing 2 Percent Penetration

China’s EV Market Nearing 2 Percent Penetration

Oct 02, 2017 at 12:29 | MINING.com

The number of passenger vehicles sold in China surged 68 percent in August compared to the same month last year, but the really compelling statistic is the number of electric…

Libya’s Sharara Oil Field Closed Again, 230,000 Bpd Output Offline

Libya’s Sharara Oil Field Closed Again, 230,000 Bpd Output Offline

Oct 02, 2017 at 11:31 | Tsvetana Paraskova

Less than a month after Libya’s giant oil field Sharara returned to pump oil following a two-week disruption, Sharara closed again on Sunday evening, and more than 230,000 bpd of…

ADNOC Plans Further Oil Output Reduction

ADNOC Plans Further Oil Output Reduction

Oct 02, 2017 at 09:57 | Irina Slav

UAE’s Abu Dhabi National Oil Company, or ADNOC, will cut its crude oil output by 139,000 bpd in November as part of the UAE’s commitment to the OPEC/non-OPEC production cut…

Qatar’s Energy Sector Shrinks By 2.7% In Q2

Qatar’s Energy Sector Shrinks By 2.7% In Q2

Oct 02, 2017 at 09:20 | Irina Slav

Qatar reported a 2.7-percent annual contraction in its mining and quarrying sector, which includes oil and gas production, for the second quarter of the year. The contraction dragged down…

Barents Sea Oil Drilling Campaign Continues To Disappoint

Barents Sea Oil Drilling Campaign Continues To Disappoint

Sep 29, 2017 at 15:28 | Tsvetana Paraskova

Lundin Norway AS, operator of a production license in the Barents Sea, has found no oil or gas in a wildcat well it has drilled, the Norwegian Petroleum Directorate (NPD)…

Canada’s Economic Growth Stalls In July As Oil Activity Drops

Canada’s Economic Growth Stalls In July As Oil Activity Drops

Sep 29, 2017 at 15:22 | Tsvetana Paraskova

Following an eight-month streak of increases, Canada’s real gross domestic product (GDP) was essentially flat in July, driven down by a decline in oil and gas extraction, Statistics Canada

Tehran Blocks Oil Trade With Kurdistan

Tehran Blocks Oil Trade With Kurdistan

Sep 29, 2017 at 15:18 | Zainab Calcuttawala

Tehran is taking a stance against the Kurdistan Regional Government by temporarily halting oil product shipments into the semi-autonomous region, according to reports emerging from the area. The Iran…

Canada’s Watchdog: Kinder Morgan Complied With Stop Order

Canada’s Watchdog: Kinder Morgan Complied With Stop Order

Sep 29, 2017 at 15:11 | Tsvetana Paraskova

Canada’s National Energy Board (NEB) has said that Kinder Morgan had complied with an order from last week to stop work that it was not yet authorized to perform…

Twin Nuclear Plants In Georgia Get $3.7 Billion Lifeline

Twin Nuclear Plants In Georgia Get $3.7 Billion Lifeline

Sep 29, 2017 at 15:05 | Zainab Calcuttawala

Nuclear power plants received a much needed boost from the Trump administration this week when the White House approved $3.7 billion in loan guarantees for two struggling power plants…

Brazil Puts Eletrobras Up For Sale For 30 Cents: But Is It Really A Bargain?

Brazil Puts Eletrobras Up For Sale For 30 Cents: But Is It Really A Bargain?

Sep 29, 2017 at 14:54 | Irina Slav

The largest power utility in Brazil, Eletrobras, will auction its electricity distribution subsidiaries for the symbolic sum of US$0.31 (1 real), with the winner to be selected based on…

Shale Drillers To Lose At Sub-$50 Oil

Shale Drillers To Lose At Sub-$50 Oil

Sep 29, 2017 at 12:32 | Irina Slav

Shale oil and gas producers need WTI prices at least US$50 oil to be able to see significant returns, analysts from Moody’s said in a research note today. For…

Turkey To Meet With Iran, Iraq Over Kurdish Independence Vote

Turkey To Meet With Iran, Iraq Over Kurdish Independence Vote

Sep 29, 2017 at 12:28 | RFE/RL staff

Turkish Prime Minister Binali Yildirim said on September 28 that he wants to hold a summit with Iranian and Iraqi leaders to coordinate their response to the Kurdish vote for…

Tesla On Track To Build World’s Biggest Battery

Tesla On Track To Build World’s Biggest Battery

Sep 29, 2017 at 10:05 | Irina Slav

The contract has been signed, and construction is underway at the site of what will be one of the world’s biggest battery installations, courtesy of Tesla—and the 100-day clock to…

Aramco IPO Could End OPEC Status Quo

Aramco IPO Could End OPEC Status Quo

Sep 28, 2017 at 17:12 | Damir Kaletovic

Sources have told Reuters that the Saudi drive to get OPEC on board with production cuts last year—threatening to quit the bloc if members disagreed—was in part meant to…

Canada’s Prolific Montney Shale Drives Pipeline Expansion

Canada’s Prolific Montney Shale Drives Pipeline Expansion

Sep 28, 2017 at 17:08 | Damir Kaletovic

With oil and gas output still on the upward swing in Canada’s most prolific shale play, despite depressed oil prices, one of the biggest benefactors is a Calgary-based pipeline company…

Oil Firms Do Not See A Lasting Impact From Harvey

Oil Firms Do Not See A Lasting Impact From Harvey

Sep 28, 2017 at 17:02 | Tsvetana Paraskova

Most executives at oil and gas firms don’t expect Hurricane Harvey to continue to affect their business six months from now, the Q3 Dallas Fed Energy survey showed. When…

Philippines Aims To Drill For Oil With Chinese Firm Near Disputed Waters

Philippines Aims To Drill For Oil With Chinese Firm Near Disputed Waters

Sep 28, 2017 at 16:57 | Tsvetana Paraskova

The Philippines plans to pursue oil and gas exploration near contested waters in the South China Sea in a stalled project which has Chinese state firm CNOOC as a…

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