Brazil’s Petrobras and partners produced their billionth barrel of oil from presalt fields this month. Underlining one of the biggest shifts to happen this decade in global crude output.…
Heading into the New Year with oil prices above US$50, both OPEC and the U.S. shale industry are claiming victory in the latest oil war battle—and both expect to benefit…
With the rebound in oil prices underway and the astronomic costs stemming from the 2010 Deepwater Horizon disaster in the rear view mirror, BP is once again looking to make…
President-elect Donald Trump has appointed Tesla’s CEO Elon Musk to his Strategic and Policy Forum. Musk was also invited to a special meeting with the President-elect, a Tech Summit,…
By now you have undoubtedly heard that late last month at OPEC’s 171st Ordinary Meeting in Vienna, the group announced that it would reduce output by about 1.2 million barrels…
Investors have become the most bullish on oil prices since the collapse began more than two years ago, betting that the OPEC deal will tighten the oil market, resulting in…
A breakthrough in international strategy and the election of ExxonMobil CEO Tillerson as U.S. Secretary of State could stand to benefit Rosneft and Russia significantly. Valentina Kretzschmar, a Wood Mackenzie…
As we shuffle into two weeks of lower trading volume over the holiday period, and as we await next month's production cuts to start showing up in our export data…
Google has spun off its self-driving car project X into a separate company called Waymo. That’s not a contraction of “Way more”, although it certainly sounds like it. The…
President-elect Donald Trump has started naming his picks for key administration offices, and it looks like he is beginning to assemble a team to deliver on at least part of…
If the ExxonMobil CEO is confirmed as the new U.S. Secretary of State, the evolving relationship between Russia and the United States will take an interesting turn. Rex Tillerson could…
Proved oil and gas reserves down 11.8 percent and 16.6 percent, respectively, from year-end 2014 EIA has downgraded its estimates of proved oil and gas reserves in the U.S., according…
OPEC is not expected to deliver all of its promised cuts, with compliance expected at around 60 to 70 percent, the chief executive of Geneva-based independent tanker tracking company Petro-Logistics…
As American solar power surged in the third quarter of 2016, adding the equivalent of 1 MW every thirty-two minutes, American wind power continued its equally-rapid expansion. The difference,…
Renewable energy is a hot topic amongst developed and developing countries across the world, but the accessibility and affordability for the poorest nations remains a significant challenge for ‘green’ power.…
Politicians routinely denounce the deterioration of America's infrastructure while skimping on funding needed improvements. The American Society of Civil Engineers (ASCE) issues an infrastructure report card every four years and…
If you needed a better invitation to get long oil stocks for the next two years, the naming of Exxon Mobil (XOM) CEO Rex Tillerson as Secretary of State couldn’t…
This will be my last article of 2016 as I am taking a couple of weeks off to return to England and spend Christmas with my family. I mention that…
Friday December 16, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Politics, Geopolitics & Conflict • U.S. President-elect Donald Trump has nominated Exxon CEO Rex Tillerson for Secretary of State, sparking outrage on all sides of the political spectrum. What unites…