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Article Archive | Page 1246

The Fuel That May Halt The Electric Car Revolution

Jul 14, 2016 at 16:00

Electric cars are often touted as the nail in the coffin for gasoline-powered vehicles. However, there’s another fuel revolution in the developing world, which is changing the economics…

Venezuela’s Oil Production Plunges To 13-Year Low

Jul 14, 2016 at 15:37

Venezuela’s oil production plunged to a 13-year low in June as the economic crisis continues to eat into the nation’s only source of export revenue. Venezuela’s…

EV’s Won’t Kill Diesel – Electric Highways Will

Jul 14, 2016 at 15:34

There are millions of trucks on the world’s highways at any given time, carrying cargo from one place to another and spewing diesel exhaust fumes. That’s how it’s…

The Future Of U.S. Coal Power Hangs In The Balance

Jul 14, 2016 at 15:28

Even as coal miners struggle with an epic decline in their business, including headwinds on regulatory, legal, and economic fronts, the industry faces another test…

Oil Is Facing The Perfect Storm

Jul 14, 2016 at 15:27

Since at least the end of 2014 there has been increasing uncertainty over oil prices, from whether so-called “Peak Oil” has already happened, to matters of EROI (or…

The Glut Is Far From Over As Offshore Oil Storage Continues To Swell

Jul 14, 2016 at 13:25

Nine tankers carrying as much as nine million barrels of crude are floating in the North Sea as traders can’t afford to sell the crude they have—at least…

Does This Estimate Suggest We Are Heading For $30 Oil?

Jul 14, 2016 at 11:22

Crude oil and refined products are once again begin stored on tankers floating at sea, a sign that the two-year oil glut is far from over. Short-term floating storage is…

This Big OPEC Member Might Be The Next Big Opportunity For Oilfield Services

Jul 14, 2016 at 10:42

There’s been a global trend toward privatization of natural resources the last several months. With lower commodities prices prompting governments like Saudi Arabia to raise cash through the sale of…

In World Of $50 Oil, Shale Beats Deepwater

Jul 13, 2016 at 16:18

U.S. shale is the lowest cost option for new oil production and is likely to be more competitive than conventional offshore drilling, according to a new report from…

Is Iran’s Claim About Doubling Oil Exports Just Hype?

Jul 13, 2016 at 16:06

After having regained 80 percent of its pre-sanction market share, beating all expectations, Iran now plans to double its exports if market conditions improve, according…

Bacteria: A New And Unexpected Energy Source

Jul 13, 2016 at 15:50

Meet the newest and most unlikely source of renewable energy: bacteria. The hunt for more renewable sources of energy is still on as the world moves to a…

India Taking Advantage Of Crude’s Weakness

Jul 13, 2016 at 15:49

If you’re looking for evidence that this is a great time to be a major oil buyer, look no further than India. Indian Prime Minister Narendra…

EIA Expects Uptick In U.S. NatGas Production As Prices Soar

Jul 13, 2016 at 13:16

Embattled U.S. natural gas producers have a reason to perk up: the Energy Information Administration has forecast that natural gas production in the country over…

IEA: Gasoline Glut Could Cause Oil Price Rout

Jul 13, 2016 at 11:37

Oil prices have been crushed over the past two years because of a glut of production. With supplies falling off, particularly in the U.S. shale patch, prices have…

EIA Reports 2.5M Barrel Draw To U.S. Crude Oil Inventories

Jul 13, 2016 at 09:52

The U.S. Energy Information Administration (EIA) has reported a 2.5-million-barrel reduction in U.S. crude oil inventories, once again in contraction with American Petroleum Institute (API) figures yesterday,…

Is China’s Silk Road Fund About To Make A Big Move In Gold?

Jul 13, 2016 at 09:35

China’s new Silk Road trade route is quietly becoming one of the biggest stories globally in natural resources. With reports the past week showing that this emerging…

Can OPEC Supply The Tighter Oil Market It Predicts?

Jul 12, 2016 at 16:51

OPEC expects oil demand to remain strong through 2017, but downgraded its assessment because of the Brexit result. In its latest monthly Oil Market Report for…

Kuwait Launches Ambitious Oil Privatization Plan

Jul 12, 2016 at 16:45

Kuwait is going ahead with its proposed privatization plan, which includes offering a stake in its oil sector. Though the dates for the public offering haven’t been finalized…

U.S. Production Is Falling, Why Isn’t Oil Recovering Faster?

Jul 12, 2016 at 16:44

Why aren’t oil prices rising faster? The recent recovery in oil prices has largely stalled out and investors looking at historical figures could be forgiven for not understanding…

Offshore’s Next Big Headache: Breakable Bolts

Jul 12, 2016 at 16:32

The phrase “deepwater well” still makes a lot of people shiver, even six years after the Deepwater Horizon disaster that caused the worst oil-related environmental catastrophe in history.…

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