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Article Archive | Page 4

Are Your Netflix Binges Killing The Planet?

Jan 15, 2021 at 16:25

The use of streaming video has grown exponentially around the world, with pandemic-driven shelter-in-place mandates helping to supersize the industry. The live streaming industry recorded nearly 100% growth…

Ghana’s Political Meddling Could Derail Its Oil Boom

Jan 15, 2021 at 16:22

Ghana has been one of the bright stars of the oil and gas market in the 2010s, ramping up its crude production from virtually zero to some 215kbpd…

Low Lithium Prices Could Hold Back The EV Revolution

Jan 15, 2021 at 16:22

"You can have your own theories but you can't have your own facts." - Carl Sagan Bullish tech markets are rarely without curious dislocations.…

German Tech Giant Places Major Bet On Green Hydrogen

Jan 15, 2021 at 16:22

Hydrogen is turning into the next media star after solar and wind. In its latest claim to fame, two spinoffs of German tech conglomerate Siemens are

Has Big Oil Turned Its Back On Alaska?

Jan 15, 2021 at 16:20

“Is Exploring For Oil Still Profitable?” Oilprice asked back in August. As the novel coronavirus has swept the world, stalling whole industries, tanking…

Can China Make Myanmar A Major Oil Nation?

Jan 15, 2021 at 16:18

Two countries linked by an energy source, China and Myanmar have become closer partners over the last few years due to their connection via an oil pipeline. Having…

Ukraine Is Failing To Capitalize On Its Gas Potential

Jan 15, 2021 at 16:17

Many nations that intend to become self-sufficient with regard to their hydrocarbon needs oftentimes lowball the terms and conditions they offer to prospective investors. This is fairly logical,…

OPEC Predicts A Rebound In U.S. Shale

Jan 15, 2021 at 12:50

Oil prices fell back on Friday morning as demand fears grow, but OPEC has predicted an increase in U.S. shale production at current price levels.

OPEC Oil Revenues Could Slump To 18-Year Low

Jan 15, 2021 at 12:22

OPEC’s crude oil export revenues for 2020 could decline to $323 billion, the U.S. Energy Information Administration said in a new report, noting that this would be the lowest…

U.S. Rig Count Jumps Again As Oil Prices Stabilize

Jan 15, 2021 at 12:14

The U.S. oil rig count increased for the eigth consecutive week as drillers capitalize on higher oil prices  Baker Hughes reported on Friday that the number of oil and gas…

Oil Prices Under Fire As Traders Cite Demand Concerns

Jan 15, 2021 at 10:48

Oil prices dropped early on Friday, as expanding lockdowns in China weighed on market sentiment about immediate global oil demand, while a stronger U.S. dollar also dragged crude futures down.…

Big Oil Watches In Fear As SEC Probes Exxon's Permian Valuation

Jan 15, 2021 at 10:01

Having soared in recent days, rising 21% YTD on the back of the gamma squeeze discussed yesterday, and coupled with a barrage of analyst upgrades, most recently from Barclays and…

U.S. Shale Drillers Begin To Hedge Oil Price Production

Jan 15, 2021 at 09:22

U.S. shale oil companies are hedging against future price drops as West Texas Intermediate enjoys a rebound above $50 a barrel, Reuters has reported, citing unnamed sources in the…

Why Oil Will Keep Rising In 2021

Jan 14, 2021 at 17:17

We have seen strong moves higher in the key crude oil benchmarks-WTI, and Brent, in the last several months. This was initiated by the advent of positive news…

U.S. Shale Could Be The Biggest Winner Of The Latest OPEC Cuts

Jan 14, 2021 at 16:59

OPEC, and especially OPEC+, has always seemed to be at odds with the U.S. shale industry. From the drastic oil embargos of the ‘70s to the all-out oil price war…

Is This The Hottest Oil Play Of The Year?

Jan 14, 2021 at 16:52

In Namibia, an African venue that is being set up as the scene of the world’s next—and possibly last—major onshore oil discovery, the oil and gas rights to an entire…

The Hottest Oil Basin In The World

Jan 14, 2021 at 15:58

What is fast becoming the world’s hottest offshore oil play, the Guyana-Suriname Basin, has entered the headlines once again. Hot on the heels of ExxonMobil and its partner…

Oil Prices Rise On New Stimulus Hopes

Jan 14, 2021 at 15:29

Oil prices were up on Thursday afternoon despite new and extended lockdowns that promise to slow any oil demand rebound that was expected for 2021. At 4:07 p.m. EST,

Iran Expands Its Sphere Of Influence With Iraqi Energy Deals

Jan 14, 2021 at 14:43

Iraq announced two deals with countries that Iran hopes can be gradually moved further into its sphere of influence. One of the two, Lebanon, is already seen by Tehran as…

New Lockdowns In Europe Put The Brakes On The Oil Demand Rebound

Jan 14, 2021 at 13:05

Road traffic and transportation fuel demand in most of Europe at the start of 2021 is likely at its weakest since the end of the first lockdowns in the late…

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