• 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
  • 5 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 4 hours How Far Have We Really Gotten With Alternative Energy
  • 1 hour e-truck insanity
  • 2 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 4 days Bankruptcy in the Industry
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 5 days The United States produced more crude oil than any nation, at any time.
U.S. Natural Gas Could Be A Big Winner of The AI Boom

U.S. Natural Gas Could Be A Big Winner of The AI Boom

U.S. natural gas producers and…

Is a Full-Blown Trade War Between the U.S. and China Looming?

Is a Full-Blown Trade War Between the U.S. and China Looming?

Western trade restrictions on China's…

Nigeria To Launch Crude Trading at its Commodity Exchange

Nigeria To Launch Crude Trading at its Commodity Exchange

Africa’s biggest oil producer, Nigeria,…

News

Oil Pipelines In Louisiana May Soon Be Buried At Sea

Oil Pipelines In Louisiana May Soon Be Buried At Sea

Aug 17, 2016 at 11:11 | Lincoln Brown

Louisiana’s shrinking coastline is causing headaches for the oil industry in that state, as an eroding coast and rising sea waters are threatening oil infrastructure. The coastline…

ISIS Loses Sirte Stronghold, But Can Rival Governments Remain In Control?

ISIS Loses Sirte Stronghold, But Can Rival Governments Remain In Control?

Aug 17, 2016 at 10:15 | Zainab Calcuttawala

The Libyan military, supported by American airstrikes, announced the takeover of the last areas of Sirte under Islamic State control on Tuesday. Libya’s newly formed Government of National…

Oil Retreats Expecting Fed Minutes, Inventory Data

Oil Retreats Expecting Fed Minutes, Inventory Data

Aug 17, 2016 at 08:58 | Tsvetana Paraskova

Ending a several-day-running-streak, oil prices are retreating from five-week-highs on Wednesday as the U.S. dollar bounced back with traders betting on hawkish Fed minutes and awaiting the official…

API: Drop in US Crude Oil Stocks, But Surprise Gasoline Build

API: Drop in US Crude Oil Stocks, But Surprise Gasoline Build

Aug 16, 2016 at 17:01 | Charles Kennedy

U.S. crude oil inventories are down just over 1 million barrels for the week ended 12 August, according to the weekly American Petroleum Institute (API) report, but U.S.…

Native Americans Locked in Standoff with Dakota Access Pipeline

Native Americans Locked in Standoff with Dakota Access Pipeline

Aug 16, 2016 at 16:47 | Tsvetana Paraskova

Hundreds of Native Americans have been protesting against the construction of the Dakota Access pipeline in North Dakota, with the protests leading to arrests and the developers filing restraining…

UK Approves The World’s Largest Offshore Wind Farm

UK Approves The World’s Largest Offshore Wind Farm

Aug 16, 2016 at 16:36 | Tsvetana Paraskova

The UK’s Business and Energy Secretary, Greg Clark, approved on Tuesday the development of the world’s largest offshore wind farm, Hornsea Project Two, which will take up…

UBS Sees OPEC Production Falling This Month

UBS Sees OPEC Production Falling This Month

Aug 16, 2016 at 13:53 | Tsvetana Paraskova

Analysts at UBS warned on Tuesday that OPEC’s crude oil production may fall this month—after having hit an eight-year-high in July—as attacks and growing unrest in Iraq,…

The World’s Biggest Miner Just Posted Its Worst-Ever Loss

The World’s Biggest Miner Just Posted Its Worst-Ever Loss

Aug 16, 2016 at 13:32 | Tsvetana Paraskova

BHP Billiton (NYSE:BHP) reported on Tuesday a massive loss of US$6.385 billion for the fiscal year ended June 30, after multi-billion impairments on U.S. shale assets…

Nigeria Oil Losses Reach 900,000 Bpd Due to Militant Attacks

Nigeria Oil Losses Reach 900,000 Bpd Due to Militant Attacks

Aug 16, 2016 at 11:06 | Irina Slav

Nigeria’s losses in daily oil production due to militant attacks have hit 900,000 barrels, said Petroleum Minister Ibe Kachikwu, speaking to CNN. He added that the federal…

Gas Leaks Cause Methane Buildup in Southwest U.S.

Gas Leaks Cause Methane Buildup in Southwest U.S.

Aug 16, 2016 at 09:20 | Irina Slav

The U.S. Southwest has become the location of a significant buildup of methane, a popular greenhouse gas, and the buildup was caused by natural gas leaks, scientists…

Has T. Boone Pickens Timed the Oil Market Just Right?

Has T. Boone Pickens Timed the Oil Market Just Right?

Aug 15, 2016 at 17:46 | Charles Kennedy

It’s a tough business right now for oil and gas companies, with some companies faring better than others with most majors releasing in-the-red second quarter financials, but business…

Mexico Pursues World’s Largest Sovereign Petroleum Hedge

Mexico Pursues World’s Largest Sovereign Petroleum Hedge

Aug 15, 2016 at 17:19 | Zainab Calcuttawala

In what sources say could amount to the “world’s largest sovereign petroleum hedge,” Mexico has been buying oil contracts throughout this summer to lock in 2017 oil…

Premier Oil Set to Announce $3.35B Refinancing Deal

Premier Oil Set to Announce $3.35B Refinancing Deal

Aug 15, 2016 at 17:04 | Tsvetana Paraskova

London-based Premier Oil is close to unveiling a £2.6-billion (around US$3.35 billion) restructuring agreement with lenders as it seeks to avoid defaulting on its loans amid the low…

Omani Firms Cite Low Crude Price as Reason to Fire Expats

Omani Firms Cite Low Crude Price as Reason to Fire Expats

Aug 15, 2016 at 16:45 | Tsvetana Paraskova

Companies in Oman are dismissing expats, using the collapsing crude oil prices as an excuse, while neglecting to hire locals whom they find lacking in skills and experience,…

French Total Lays Off 70 percent Of Its Russian Workforce

French Total Lays Off 70 percent Of Its Russian Workforce

Aug 15, 2016 at 16:35 | Lincoln Brown

The Russian edition of Forbes Magazine is reporting that French Oil giant Total has laid off 70 percent of its Russian workforce through its office in Moscow.…

Iraq’s New Oil Minister Offers Solution to Kurdish Energy Dispute

Iraq’s New Oil Minister Offers Solution to Kurdish Energy Dispute

Aug 15, 2016 at 16:31 | Lincoln Brown

Jabbar al-Luaibi, head of Iraq’s state-run South Oil Company, has been named the new oil minister for Iraq. The Iranian parliament approved the appointment on Monday. According…

Syrian Army Destroys ISIS Oil Tankers in Southern Province

Syrian Army Destroys ISIS Oil Tankers in Southern Province

Aug 15, 2016 at 11:57 | Tsvetana Paraskova

The Syrian Army hit on Saturday an ISIS fuel convoy in the southern province of Sweida, destroying most of the oil tankers, Tehran-based Al Alam International News Channel…

Colombia Suffers 40,000-Job Loss In Energy But Outlook Remains Good

Colombia Suffers 40,000-Job Loss In Energy But Outlook Remains Good

Aug 15, 2016 at 10:59 | Irina Slav

Colombia’s energy sector has shed 40,000 jobs over the last two years, since the oil price rout started, the country’s Labor Minister Clara Lopez told media at…

Gazprom Partners in Nord Stream Quit Merger Talks

Gazprom Partners in Nord Stream Quit Merger Talks

Aug 15, 2016 at 09:30 | Irina Slav

Gazprom’s partners in the Nord Stream-2 pipeline project have given up the merger plan that would have seen Gazprom, Shell, OMV, French Engie, and German Uniper and…

Scotland Uses 100% Wind Energy for A Day

Scotland Uses 100% Wind Energy for A Day

Aug 12, 2016 at 15:49 | Zainab Calcuttawala

Environmentalists rejoiced on Sunday as energy generated by high winds in Scotland was enough to power the entire country for the day, according to a new report by…

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