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  • 3 mins Shale Oil Fiasco
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Article Archive | Page 2

Six Oil Stocks To Survive The Shale Bust

Six Oil Stocks To Survive The Shale Bust

Dec 05, 2019 at 16:30

The shale oil boom that has captivated the imagination of the energy universe is showing unmistakable signs of serious malaise. U.S. oil production has been increasing, but at a slower…

Cautious Canadian Oil Majors Forced To Cut Spending

Cautious Canadian Oil Majors Forced To Cut Spending

Dec 05, 2019 at 16:15

Canada’s biggest oil companies sent mixed signals with a series of budget announcement this week, with some upbeat about next year and others more cautious, with plans to cut spending…

Coal Is Dead, But China Is Reviving It

Coal Is Dead, But China Is Reviving It

Dec 05, 2019 at 15:53

When the news broke that a startup funded by Bill Gates had succeeded in generating temperatures of more than 1,000 degrees Celsius using solar energy, it dealt a blow…

Europe Looks To Become An Electric Vehicle Battery Hub

Europe Looks To Become An Electric Vehicle Battery Hub

Dec 05, 2019 at 13:15

Europe is sometimes — often, even — chided for its slow decision-making, which is seen by many as a product of being a “Club of 27” and the need to…

OPEC+ Agrees To Deeper Output Cuts

OPEC+ Agrees To Deeper Output Cuts

Dec 05, 2019 at 14:53

The OPEC meeting ended with ministers approving additional production cuts for Q1 2020, two delegation sources told Russian news outlet TASS on Thursday afternoon. The cuts for the OPEC+…

U.S. Shale Will Grow Regardless Of Oil Prices

U.S. Shale Will Grow Regardless Of Oil Prices

Dec 05, 2019 at 12:33

U.S. shale oil production will continue growing even if international prices fall, says Rystad Energy. The Norwegian energy consultancy said in a new report that despite a

Aramco’s Offer Price Makes Its Share Sale The World’s Largest IPO

Aramco’s Offer Price Makes Its Share Sale The World’s Largest IPO

Dec 05, 2019 at 12:01

Saudi Aramco has set the final offer price of its initial public offering at the top end of the range, three sources with knowledge of the decision told Reuters…

An OPEC+ Surprise Cut Is Looking Increasingly Likely

An OPEC+ Surprise Cut Is Looking Increasingly Likely

Dec 05, 2019 at 11:30

OPEC+ is considering deepening cuts by as much as 500,000 bpd, a more aggressive effort to head off a supply surplus in 2020. The rumors from Vienna…

The Oil Company Built To Survive The Bear Market

The Oil Company Built To Survive The Bear Market

Dec 05, 2019 at 10:49

The oil and gas industry has had a rough ride since the oil price downturn of 2014. Over the past five years, the Energy Select Sector SPDR ETF (XLE), which…

The U.S. Just Became A Net Oil Exporter For The First Time Ever

The U.S. Just Became A Net Oil Exporter For The First Time Ever

Dec 05, 2019 at 09:53

The United States exported more crude oil and petroleum products than it imported in September 2019—the first month in which America was a net petroleum exporter since monthly records began…

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