China has installed 20 gigawatts of new solar power just in the first half of this year. This achievement beats analysts’ expectations by a wide margin. China…
U.S.-based oil and gas majors Chevron (ticker: CVX), ExxonMobil (ticker: XOM), and ConocoPhillips (ticker: COP) all reported their second quarter earnings last week, each showing significant hits from…
Libya’s National Oil Corporation (NOC) announced a political breakthrough a few days ago, promising to ramp up production and exports of long-disrupted oil supplies. The NOC said that…
Crude is rebounding today after the EIA reported a moderate build to crude inventories, but a quite unexpected and significant draw to gasoline inventories, pushing aside oversupply…
The Energy Information Administration reported a 1.4-million-barrel increase in crude oil inventories for the week to July 29, with the total reaching 522.5 million barrels. Yet again,…
The gold price continues to look perky this week. With a move to near $1,350 per ounce having some analysts suggesting another breakout may be at hand. And…
Summer driving season: it’s the season to be traveling, what with long weekends, annual leaves and short getaways from the banalities of everyday life at the office.
Another oil price downturn threatens to deepen the plunging levels of investment in upstream oil and gas production, which could create a more acute price spike in the…
A reasonable assumption for investors is that Saudi Arabia would be deeply concerned about the current state of oil prices. While prices have rebounded somewhat from their February…
Not all forms of energy are equal; electrical energy is more precious, and costs much more than heat or mechanical energy. Companies such as SolarCity are wasting taxpayers’…
Years ago, at an electric utility conference, we listened to an optimistic presentation about a significant new addition to electricity demand, the personal computer. (You can imagine how…
We begin with a quick look at some of the critical figures and data in the energy markets this week, with oil prices falling below $40 on the…
In possibly one of the biggest marketing blunders of the millennium, a Canadian Oil Sands group has managed to alienate groups from almost every walk of life with…
Major reforms are under way at the Abu Dhabi National Oil Company (ADNOC), as the state-owned oil firm moves to strengthen performance and profitability and create greater efficiencies,…
After dipping briefly into thirty-dollardom yesterday, WTI is now using the $40 level as a trampoline. It is managing to muster a bounce today amid a dollar sell-off…
There’s a silver lining to the current downturn in oil prices. It’s bringing out some very good assets for sale. And this past week saw a first-of-a-kind oil…
Image from ShortList.com Pioneer CEO Scott Sheffield made headlines last week when he claimed that his company’s Permian production costs “…can compete with…
“Over the secular horizon, Oil prices are likely to remain low,” said the PIMCO’s Global Advisory Board (GAB), while assessing global economic trends, according to the PIMCO…
Oil prices are falling once again, and WTI was flirting with sub-$40 per barrel during midday trading on Monday. The story has been the same for weeks: extraordinary…
Islamic State fighters have killed five people in an attack on the largest oil field in Kirkuk, Bas Hassan, and have attempted to take down a gas compression…