• 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
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 day "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 6 days America should go after China but it should be done in a wise way.
  • 12 days Does Toyota Know Something That We Don’t?
  • 1 day World could get rid of Putin and Russia but nobody is bold enough
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 3 hours Even Shell Agrees with Climate Change!
  • 2 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 4 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in

Breaking News:

OPEC Lifts Production in February

News

ISIS Blows Up Five Oil Wells in Iraq

ISIS Blows Up Five Oil Wells in Iraq

Jul 12, 2016 at 10:19 | Irina Slav

Five oil wells set on fire is the latest disaster caused by ISIS militants. The de facto rulers of Mosul set the wells on fire in a…

Angola Slashes 2016 GDP Growth Forecast

Angola Slashes 2016 GDP Growth Forecast

Jul 12, 2016 at 09:57 | Irina Slav

Angola’s government has cut its economic growth projections for 2016 by almost half, to 1.3 percent from 3.3 percent, Reuters reported, citing the country’s finance ministry. Government…

Petrobras Energy Output Reaches Record Levels

Petrobras Energy Output Reaches Record Levels

Jul 11, 2016 at 17:48 | Erwin Cifuentes

Brazilian state-owned energy company Petrobras on 11 July recorded high production levels of oil and gas during the month of June. The gains represent a rebound following two-year lows in…

India Considering Stake In Giant Yamal LNG Project

India Considering Stake In Giant Yamal LNG Project

Jul 11, 2016 at 16:43 | Zainab Calcuttawala

India could become a shareholder in Russia’s Yamal liquefied natural gas project, according to a report by Press Trust of India on Sunday. Russian officials shared the…

PDVSA Slashes Venezuelan Oil Exports To Cuba

PDVSA Slashes Venezuelan Oil Exports To Cuba

Jul 11, 2016 at 16:27 | Erwin Cifuentes

PDVSA of Venezuela has drastically cut the quantity of oil exported to Cuba in what may signal a possible shift in the Latin American state’s energy diplomacy. According…

New Attack On Nigerian Pipeline Takes 10,000 Bpd Offline

New Attack On Nigerian Pipeline Takes 10,000 Bpd Offline

Jul 11, 2016 at 15:29 | Zainab Calcuttawala

A new attack by the Niger Delta Avengers set back Nigerian oil production by 10,000 barrels per day, according to local media reports. The incident took place…

Indian Refineries Panting under Weight of Demand

Indian Refineries Panting under Weight of Demand

Jul 11, 2016 at 11:17 | Irina Slav

India will be forced to start importing oil products if it doesn’t find a solution to a looming refining capacity shortage, the director for refineries of the India…

Private Equity Gearing Up To Ramp Up Oil & Gas Investment

Private Equity Gearing Up To Ramp Up Oil & Gas Investment

Jul 11, 2016 at 10:40 | Lincoln Brown

A global survey released Monday by Ernst & Young shows that private equity firms are getting ready to invest more capital in the energy sector, specifically oil…

Iran Finds New Revenue Source, Leases Out Oil Tankers

Iran Finds New Revenue Source, Leases Out Oil Tankers

Jul 11, 2016 at 10:04 | Irina Slav

Whatever some say about the global oil glut easing, there’s still ample demand for floating storage, and Iran is in on the deal. A source from the…

Kinder Morgan to sell 50% of gas pipeline to Southern Natural Gas

Kinder Morgan to sell 50% of gas pipeline to Southern Natural Gas

Jul 11, 2016 at 09:07 | Lincoln Brown

In an effort to reduce its debt, Kinder Morgan is planning to sell a 50 percent of its stake in the Southern Natural Gas pipeline. The company…

University of Cincinnati Retracts Fracking Study

University of Cincinnati Retracts Fracking Study

Jul 08, 2016 at 15:45 | Lincoln Brown

The University of Cincinnati has retracted a study on pollution caused by hydraulic fracturing or fracking, according to Energy in Depth (EID). The researchers for

Shell Resumes Bonny Light Oil Exports

Shell Resumes Bonny Light Oil Exports

Jul 08, 2016 at 15:42 | Erwin Cifuentes

Shell Nigeria resumed exports of Bonny Light on 7 June nearly two months after force majeure was declared on the vital crude oil commodity. As…

Oil Crisis Pushes Houston Office Vacancy Rates to 20-Year High

Oil Crisis Pushes Houston Office Vacancy Rates to 20-Year High

Jul 08, 2016 at 14:03 | Irina Slav

The fallout of the oil price crisis has proved to have wide-reaching implications beyond the energy industry. Houston real estate is one of these scathed by the developments…

Cheap Gas’ Latest Victim is Fuel Economy

Cheap Gas’ Latest Victim is Fuel Economy

Jul 08, 2016 at 11:31 | Irina Slav

Falling prices at the pump have given motorists reason to rejoice continuously over the last year and a half, but they’re not good news for everyone. At least,…

China finds gas field with 100 billion accessible cubic meters

China finds gas field with 100 billion accessible cubic meters

Jul 08, 2016 at 10:44 | Lincoln Brown

China’s Xinhua news service is reporting the discovery of a large natural gas field in the Guizhou Province, located in the southwest part of the country. According…

Libya Moves to Reopen Two Shuttered Terminals

Libya Moves to Reopen Two Shuttered Terminals

Jul 08, 2016 at 09:14 | Lincoln Brown

Libya is working to get crude oil flowing out of two shuttered terminals. Libya’s oil guards will work with the National Oil Corporation (NOC), the unity government’s…

Fire at Yemeni Gas Facility Kills One

Fire at Yemeni Gas Facility Kills One

Jul 07, 2016 at 17:57 | Erwin Cifuentes

At least one person died and four others were seriously injured following a fire at a domestic gas storage facility at the Marib province of Yemen on…

Sonangol Stops Asset Sales Discussions

Sonangol Stops Asset Sales Discussions

Jul 07, 2016 at 17:29 | Erwin Cifuentes

Angolan state-owned oil firm Sonangol will reportedly halt all talks related to the potential sale of assets. The decision has been made by the company’s new CEO, Isabel…

Cuba, U.S., Mexico Meet to Set Gulf of Mexico Borders

Cuba, U.S., Mexico Meet to Set Gulf of Mexico Borders

Jul 07, 2016 at 16:58 | Zainab Calcuttawala

Representatives from Mexico, the United States and Cuba met to negotiate the borders of the Western Polygon - a region in the Gulf of Mexico with sizable oil…

New Challengers for Lithium-Ion Batteries About To Enter The Market

New Challengers for Lithium-Ion Batteries About To Enter The Market

Jul 07, 2016 at 15:33 | Irina Slav

Lithium-ion batteries have brought about a real lithium craze and now a new generation of rivals are emerging – some of them also lithium-based – that may take…

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