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…
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…
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…
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…
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…
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
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…
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 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…
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…
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…
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 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.
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,…
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…
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 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…
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…
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…
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.…