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Article Archive

Wolfcamp rig

The “Twin Threats” Facing Big Oil

Jan 21, 2020 at 17:57

The global oil and gas industry is facing the “twin threats” of the loss of profitability and the loss of social acceptability as the climate crisis continues to worsen. The…

Trump Saudi

Why Trump Can’t Retreat From The Middle East

Jan 21, 2020 at 17:07

If America doesn't need Saudi oil anymore, why is it still wooing crown princes, especially when American public opinion isn’t really on board? A Business Insider poll from September…

Offshore oil

Expect A Strong Year For Oil Discoveries

Jan 21, 2020 at 16:49

Discovery isn’t dead. It’s just moved into trickier geological territory, but that’s not stopping the impressive advance.  Despite growing anti-oil sentiment, oil and gas companies unearthed 12.2 billion new…

Offshore wind

The North Sea’s Most Important Energy Play Isn’t Oil

Jan 21, 2020 at 13:53

Things have not been looking good for North Sea energy. In fact, last November, Oilprice went so far as to declare that “North Sea Oil Is Doomed With Or…


Foreign Investors Are Pouring Into This Middle East Oil Giant

Jan 21, 2020 at 13:29

Highly leveraged U.S. exploration and production (or E&P) companies have lately been struggling with dwindling valuations and endless bankruptcies as investors lose their appetite for shale while private equity markets…

Oil Outage Libya

Oil Falls Despite Major Outage In Libya

Jan 21, 2020 at 12:40

Despite an escalation in Libya's oil war, crude prices fell on Tuesday morning as a deadly virus in China sparked fears of an economic slowdown. 

Hydrogen fuel

Hydrogen Costs Could Be Set To Plunge By 50%

Jan 21, 2020 at 12:33

While Elon Musk and other naysayers have condemned hydrogen, the energy is expected to see a breakthrough over the new decade:  a 50 percent cost reduction — making it highly…

Guyana offshore

This Emerging Oil Hotspot Threatens The OPEC Deal

Jan 21, 2020 at 11:34

A day before Christmas 2019 ExxonMobil and its partners have lifted the first commercial crude from the Liza field. In and of itself this might seem innocuous enough for us…

Oil storage

Barclays: Global Oil Demand Is Set To Jump In 2020

Jan 21, 2020 at 10:18

Barclays expects crude oil demand this year to rise by 1.4 million bpd, up from 900,000 bpd last year, thanks to the improved global economy outlook, Reuters reports, citing…


EIA Sees Lower Brent Prices On Fading Geopolitical Risk

Jan 21, 2020 at 09:33

Barring a major lengthy supply disruption, Brent Crude prices will average US$62 a barrel in May, lower than the current price, as the geopolitical risk premium gradually decreases in the…

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