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Article Archive | Page 4

Oil Giant Considers Drastic Move As Pandemic Persists

Jul 06, 2020 at 12:04

Anglo-Dutch oil major Shell is not ruling out the possibility of moving its headquarters to the UK, the group's chief executive Ben van Beurden told Dutch business newspaper Het Financieele…

Will Argentina's Oil Industry Survive This Crisis?

Jul 06, 2020 at 11:04

Throughout the 2010s Argentina’s shale deposits were universally listed alongside the US shale gale, denoting the many similarities Vaca Muerta shares with Eagle Ford in particular and Texas’ shale deposits in general. Providing…

Saudi Arabia Hikes Oil Prices For The Third Consecutive Month

Jul 06, 2020 at 09:27

Brent oil prices rose early on Monday after Saudi Arabia raised its oil price for a third consecutive month, signaling recovering demand. As of 9:26 a.m. EDT on Monday, Brent…

Oil Price Crash Causes Major Recession In Russia

Jul 06, 2020 at 09:03

The oil price crash that Russia helped create, along with the coronavirus-driven global recession, will result in Russia’s economy shrinking this year by the most in 11 years, the World…

Second Covid Wave Could Send Oil Prices Into “Tailspin”

Jul 03, 2020 at 16:58

Oil prices hit a four-month high on Thursday, pushed higher by supply restrictions and a global rebound in demand. However, the accelerating spread of the coronavirus across the…

5 Signs That Record Oil Imports From China Won’t Last

Jul 03, 2020 at 16:57

The recent turnaround in oil market sentiment was to a large extent due to China showing signs of demand recovering back to normalcy. May 2020 witnessed the highest-ever…

Turkey’s Latest Geopolitical Gamble Could Result In Catastrophe

Jul 03, 2020 at 16:48

The rosy future of the offshore East Mediterranean (East-Med) gas boom is in jeopardy. The current COVID-related economic downturn, combined with the dramatic drop in demand for oil…

Who Will Get Full Control Of Libya’s Oil Riches?

Jul 03, 2020 at 16:46

We are now at a crossroads in Libya where a military solution is temporarily off the table, as factions and their external allies wrangle over oil revenues--the distribution…

Tesla’s Ambitious Plan To Ditch Cobalt

Jul 03, 2020 at 16:41

Lithium-ion batteries have proven to be a key link in global supply chains, placing these unassuming electronics at the crux of the future of electric vehicle markets around…

Europe's Leaked Hydrogen Strategy Is Very Ambitious

Jul 03, 2020 at 16:41

In the panorama of renewable energy technologies, hydrogen’s potential is seen in several sectors. It is what the IEA calls an ‘integration’ technology. It promises to play a…

Saudi Arabia Is Bullying OPEC Members Into Compliance

Jul 03, 2020 at 16:40

First, they said it nicely: play along and cut to your quotas, or we’ll all suffer low oil prices for longer. Then they put their foot down: start…

How Tesla Became More Valuable Than Exxon

Jul 03, 2020 at 16:38

It is now becoming increasingly clear that the world’s most popular electric vehicle manufacturer is an all-weather play that simply will not stop. Tesla Inc. (NASDAQ:…

Moscow Backs Russia's Fastest Moving Energy Company

Jul 03, 2020 at 16:37

The COVID-induced recession that has brought oil and gas prices down to levels that are painful enough for most if not all major producers. In Russia the crisis…

Moon Mining Could Begin As Early As 2025

Jul 03, 2020 at 16:33

Plans to start mining the Moon as early as 2025 became more attractive this week after a US National Aeronautics and Space Administration…

The World’s Most Important Oil Consumers And Producers

Jul 03, 2020 at 16:29

Following last week’s release of the BP Statistical Review of World Energy 2020, I began to review and analyze the data. Today I…

Battery Metal Sector Sees Light At The End Of The Tunnel

Jul 03, 2020 at 16:28

The world is in transition between a lead-acid battery past, and a future in which lithium-ion batteries are poised to supplant lead-acid batteries and to displace increasing volumes…

High Quality Oil And Gas Assets Should Drive An M&A Recovery

Jul 03, 2020 at 15:16

The oil price collapse has taken its toll on mergers and acquisitions (M&A) across the U.S. oil and gas industry as companies preserve cash in these highly uncertain times.   …

The Oil Rally Has Stalled Once Again

Jul 03, 2020 at 13:50

Oil prices hit four-month highs this week, but bearish sentiment quickly snapped back into place and halted the rally.For Global Energy Alert members there are now

Oil Prices Fall As Demand Outlook Worsens In U.S.

Jul 03, 2020 at 11:59

Oil prices fell early on Friday amid surging new coronavirus infections in the United States, which had market participants worried about the U.S. oil demand recovery trend. As of 9:20…

Oil Capped By COVID Fears

Jul 03, 2020 at 11:37

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures closed higher this holiday-shortened week, supported by a larger-than-expected drawdown in crude inventories earlier in the week and a decline…

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