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Article Archive

Another Massive Gas Explosion Rocks China, Casualties Unknown

Another Massive Gas Explosion Rocks China, Casualties Unknown

Jul 19, 2019 at 10:03

A massive explosion has been reported at China’s Yima gas plant in Henan province, damaging buildings in a 3-kilometer radius.  The casualties are still unknown as of the time of…

IEA: Don’t Expect Oil Prices To Go Much Higher

IEA: Don’t Expect Oil Prices To Go Much Higher

Jul 19, 2019 at 09:01

Slowing oil demand growth and a persistent global glut will cap oil prices and keep them from rising too much, barring serious escalations in geopolitical tensions, Fatih Birol, the…

Oil Will Go ‘’Bust’’ If Recession Hits

Oil Will Go ‘’Bust’’ If Recession Hits

Jul 18, 2019 at 17:00

Oil prices plunged again on Thursday, dragged down by fears of slowing demand. An unexpected increase in inventories underscored the downside risk to oil prices. The EIA reported a…

It’s Time For A Fire Sale In U.S. Shale

It’s Time For A Fire Sale In U.S. Shale

Jul 18, 2019 at 15:58

An all-stock acquisition in the Permian basin this week has made headlines for the two companies involved—Callon Petroleum and Carrizo Oil & Gas—but the implied value of the deal…

US Navy Shoots Down Iranian Drone In Show Of Force Over Strait Of Hormuz

US Navy Shoots Down Iranian Drone In Show Of Force Over Strait Of Hormuz

Jul 18, 2019 at 15:41

President Donald Trump has said on Thursday that the United States Navy has shot down an Iranian drone in the Strait of Hormuz in the latest show of force between…

Oil Tumbles After Iran Offers New Nuclear Deal If U.S. Drops Sanctions

Oil Tumbles After Iran Offers New Nuclear Deal If U.S. Drops Sanctions

Jul 18, 2019 at 14:10

Who knew Rand Paul could be such an effective negotiator. One day after the Republican senator and son of Ron Paul was reported to be Trump's liaison…

Brand New Material Could Lead To Cheaper Solar Cells

Brand New Material Could Lead To Cheaper Solar Cells

Jul 18, 2019 at 13:02

Scientists may have found a pathway to designing interfaces of hybrid materials that are capable of turning light into electrical currents with high efficiency—a breakthrough that could potentially boost the…

Russia’s Oil Output Rebounds From Three-Year-Low

Russia’s Oil Output Rebounds From Three-Year-Low

Jul 18, 2019 at 12:48

Russia’s oil production in the past few days has recovered to the ceiling that Moscow has pledged in the OPEC+ deal, Russian Energy Minister Alexander Novak said on Thursday,…

The Biggest Challenges Facing America’s Nuclear Sector

The Biggest Challenges Facing America’s Nuclear Sector

Jul 18, 2019 at 11:52

In the United States, the common sentiment about the nuclear industry is that it is doomed. As cheap natural gas prices out nuclear, more and more plants are going offline,…

A New Gasoline Glut Is In The Making

A New Gasoline Glut Is In The Making

Jul 18, 2019 at 10:44

The downstream refining sector has rebounded a bit, shrugging off the glut of gasoline seen earlier this year. But another product surplus could be looming in the second half of…

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