• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days The United States produced more crude oil than any nation, at any time.
  • 2 mins Could Someone Give Me Insights on the Future of Renewable Energy?
  • 5 hours How Far Have We Really Gotten With Alternative Energy

Article Archive | Page 1267

Bakken Output Continues To Fall Along With Rig Count

May 13, 2016 at 17:32

The North Dakota Oil Production Stats are out. North Dakota crude oil production was down just less than 10,000 barrels per day.

Iran Hits Saudis Where It Hurts, Offers Discounts On Asian Crude

May 12, 2016 at 16:32

Iran has introduced a discount on the June contract for its heavy crude going to Asia, just a few days after Saudi Arabia announced a…

Can Brazil’s Next President Rescue Petrobras?

May 12, 2016 at 16:21

Brazil’s Senate voted to approve impeachment proceedings against President Dilma Rousseff, forcing her to step down in order to stand trial. Vice President Michel Temer will…

Are Subsidies Killing US Solar Companies?

May 12, 2016 at 16:03

The oil price rout has caused a lot of headaches in the renewable industry, especially in the heavily subsidized U.S. solar sector, which is suffering some…

Energy Sector Hit With Two More Big Bankruptcies

May 12, 2016 at 15:46

According to data compiled by Haynes and Boone, in just the first four months of 2016 there had already been double the amount of bankrupt energy debt than in all…

Where Will Halliburton And Baker Hughes Go From Here?

May 12, 2016 at 12:36

Now that the merger between Halliburton (HAL) and Baker Hughes (BHI) is officially dead, it’s time for shareholders to begin thinking about what comes next for…

EPA Launches New Methane Rules For Oil And Gas

May 12, 2016 at 12:18

On Thursday, the U.S. EPA is set to unveil the final regulations on methane emissions from oil and gas wells, the first of its kind. The rules were initially…

Oil Prices Slip As Stronger Dollar Outweighs Bullish IEA Data

May 12, 2016 at 11:45

One hundred and sixty-nine years after William Clayton invented the odometer, and the oil market is trying to continue its journey higher. Despite a bullish-tilted monthly…

OPEC Is Dead, What’s Next?

May 11, 2016 at 16:04

OPEC is dead, Rosneft’s head Igor Sechin has told Reuters. In a fine example of stating the obvious – at least to those who have…

Kuwait Plans To Ramp Up Oil Production By 44% Before 2020

May 11, 2016 at 16:01

A senior Kuwait Petroleum Corp official has confirmed to media the company’s plans to increase production by 44 percent to almost 4 million barrels a…

The Real Beneficiaries Of The U.S. Export Ban

May 11, 2016 at 15:56

Several months on from the lifting of the U.S. oil export ban, it’s becoming clear that one unexpected group had benefited considerably from the restriction –…

Could A “Brexit” Enhance British Energy Security?

May 11, 2016 at 15:53

The UK is only a few weeks away from a June 23 referendum that will decide whether or not it exits the European Union. British leaders…

Proved Oil Reserves Lost $840 Billion In Value

May 11, 2016 at 14:22

I spent a lot of time in 2015 warning that at year-end we would see a huge decline in crude oil reserves. As I have explained…

Rousseff Impeachment May Breathe Life Into Petrobras

May 11, 2016 at 11:46

Petrobras’ stock has been a disaster for investors for years. Even when virtually every other oil company on the planet was seeing their stock move higher,…

Big Oil Pulls The Plug On Arctic Oil, Relinquishes Drilling Rights

May 11, 2016 at 11:29

The prospect of producing oil from the U.S. Arctic looks increasingly remote as the oil industry walks away from drilling leases. After Royal Dutch Shell pulled…

Oil Spikes After EIA Reports Surprise Draw

May 11, 2016 at 10:23

Fifty-two years to the day after The Beach Boys released ‘I Get Around’, and the crude complex is sympatico with this notion. As the market tries…

Can Saudi Arabia Really Break Its Dependence On Oil?

May 10, 2016 at 16:50

Saudi Arabia appears committed to its recently-announced long-term economic plan, dubbed Vision 2030, which aims to remove the country’s economic dependence on oil exports within the…

90% Off Sale On Offshore Drilling Rigs?

May 10, 2016 at 16:47

It might not be a great time to start offshore drilling, with oil prices as depressed as they are, but it might just be a great…

How Suncor Has Become The King Of Canadian Oil Sands

May 10, 2016 at 16:32

Suncor: King of Canada’s Oil Sands Canada’s oil sands are the third largest oil deposit in the world behind Saudi Arabia and Venezuela. The largest oil…

Wave Of Violence Causes Nigerian Oil Output To Fall To 20 Year Lows

May 10, 2016 at 16:31

The oil markets have suddenly been hit with a multitude of unexpected supply disruptions, the largest of which comes from the more than 1 million barrels…

Oilprice - The No. 1 Source for Oil & Energy News