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Article Archive | Page 1121

Oil Theft Around The World: Cartels And Exploding Donkeys

May 31, 2017 at 14:38

Thousands of miles of oil pipelines connect the world’s oil producing hubs to their key customers’ refineries and electrical grids. By replacing trucks, the advent of the pipeline has dramatically…

Exxon Suffers Stinging Defeat On Shareholder Climate Resolution

May 31, 2017 at 14:11

ExxonMobil tried to beat back a move from shareholders to press the company to disclose its vulnerabilities to climate change and climate regulation, but it failed. At its annual meeting…

The Mysterious Rosneft Deal And Its Consequences

May 31, 2017 at 13:28

Approximately two months ago, Vladimir Putin awarded high-level state honours to a cadre of individuals in recognition of their contribution to Russia. The Order of Friendship award was given to…

Why Is The U.S. So Far Behind In The Renewable Revolution?

May 31, 2017 at 12:31

America’s prowess in renewable energy capacity is unquestioned. According to the Renewable Energy Policy Network, by the end of 2015, the seven countries with the highest capacity of renewable…

Will This Foreign Oil Giant Grab Iran's First Post-Sanctions Project?

May 31, 2017 at 10:23

Iran's newly-opened oil patch continues to gain momentum. With the UAE's Emirates National Oil Company saying this week it has paid $4 billion to Iran to settle a tab for…

Saudis, Russia Will Do “Whatever It Takes” To Bring Oil To Balance

May 31, 2017 at 10:18

OPEC and non-OPEC producers part of the production cut deal are committed to drawing the global crude oil inventories down to their five-year average, Saudi Energy Minister Khalid al-Falih

Trump Set To Pull U.S. Out Of Paris Climate Deal

May 31, 2017 at 09:10

President Donald Trump has decided to withdraw the U.S. from the Paris climate accord, and is telling people close to him that the U.S. will withdraw from the pact, according…

4 Wildly Different Oil Price Scenarios For 2020

May 30, 2017 at 15:31

After the nine-month extension of the OPEC deal, there is a growing consensus that oil might bounce around in the $50s and $60s for the rest of the year. But…

The Biggest Hoaxes In The Oil Market

May 30, 2017 at 15:31

The most traded commodity of the 21st century, oil is an essential factor to both oil-producing and oil-importing nations’ financial stature, and consequently it remains intrinsically linked to politics. Yet…

Canadian Oil Sands Brace As Oil Majors Dump Shares

May 30, 2017 at 15:20

Royal Dutch Shell and ConocoPhillips struck deals in March to sell Canadian oil assets to two Canada-based producers. In both deals, parts of the consideration for the transactions were shares…

Asia Aims For Total Dominance Of Global Solar Industry

May 30, 2017 at 14:55

This week the UK smashed its previous solar power record, powering nearly a quarter of the nation with solar energy thanks to sunny skies and relatively low demand. At…

Tech Giants Make Major Bet On Battery Boom

May 30, 2017 at 14:43

For every consumer electronics maker, the nascent electric car industry is a dream coming true. There is enough tech in electric cars—from infotainment systems to voice and facial recognition, software…

Oil Markets Worry OPEC Has No Exit Strategy

May 30, 2017 at 14:17

Oil prices fell slightly on Monday as analysts worry about the long-term implications of the OPEC output cut deal, fearing that OPEC does not have an exit strategy.

Did Saudi Arabia Play Trump?

May 30, 2017 at 13:27

Saudi officials repeatedly described U.S. President Donald Trump’s visit to Riyadh as “historic,” calling his meeting with rulers of the six-member Gulf Cooperation Council, GCC, a “landmark event.” American counterparts,…

Tanzania Wages War Against Gold Miners

May 30, 2017 at 12:22

Things are getting serious in one of Africa’s top gold nations. With the national government stepping up a fight that’s already cost local miners billions in market valuation. The place…

Is This The "Mystery" Massive Long Supporting The Oil Market?

May 30, 2017 at 11:55

Usually when CFTC data shows a big speculative position, it is easy to spot the corresponding mood amongst traders. For example, take the current situation with the Canadian dollar. There…

Saudi Prince Mohammed Meets With Putin To Discuss Oil, Syria

May 30, 2017 at 09:42

Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman is meeting Russian President Vladimir Putin today to discuss the extension of OPEC’s agreement with 11 other oil producers to extend the…

Is This Saudi Arabia’s Newest Strategy To Boost Oil Prices?

May 29, 2017 at 14:45

OPEC’s new strategy to balance the oil market is to cut oil exports to the U.S., a move intended to drain near-record-high crude oil inventories. OPEC originally thought that six…

Are Oil Prices $7 Too High?

May 29, 2017 at 14:37

OPEC extended oil production cuts last week and oil prices plunged. OPEC’s goal was to keep a floor under current prices but the market expected the cartel to move prices…

Has Big Oil Regained Its Pre-Crash Position?

May 29, 2017 at 14:22

The oil price crash battered the 2016 earnings of energy firms, but the usual suspects are still there in the rankings of the biggest oil and gas companies this year.…

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