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Article Archive | Page 634

California’s Renewable Energy Conundrum

Aug 21, 2020 at 17:00

Amid a heatwave in the West, the largest U.S. solar state, California, is grappling with power issues and with keeping its electricity grid stable as demand exceeds supply.…

$40 Oil Isn’t High Enough For Indebted U.S. Shale Drillers

Aug 21, 2020 at 17:01

The Covid-19 pandemic has added severe financial strain on a North American upstream industry that was already reeling under billions of dollars of debt. With WTI climbing past…

Is A Wave Of Bankruptcies Heading For The Offshore Oil Industry?

Aug 21, 2020 at 17:00

Offshore drilling major Valaris became the latest victim of the crisis this week as it filed for bankruptcy in the U.S., proposing a…

What The 2009 Financial Crisis Can Teach Us About Going Green

Aug 21, 2020 at 16:58

COVID-19 has disrupted the global economy in a truly unprecedented fashion. This unanticipated interruption to business-as-usual and the near-unstoppable momentum of the economic industry has given the world the once-in-a-lifetime…

What Will It Take For Americans To Switch To EVs?

Aug 21, 2020 at 16:52

One and a half million electric cars on the roads of the U.S. West and Midwest by 2030: this is the vision of…

Is Exploring For Oil Still Profitable?

Aug 21, 2020 at 16:51

This year has brought the uncertain future of the energy industry to a head. The novel coronavirus has catalyzed and brought to the surface discussions that have been…

Are U.S. Utilities About To Become Politicized?

Aug 21, 2020 at 16:46

The is some big spending ahead for electric utilities. More than the politicians and policymakers expect. Electric utilities have to decarbonize and modernize.…

Oil Nosedives On Poor Economic Data

Aug 21, 2020 at 12:29

With so much bullish news in recent weeks, the fact that oil prices have failed to break out does not bode well for markets in the coming weeks.For…

U.S. Oil Rig Count Rises For First Time Since January

Aug 21, 2020 at 12:16

Baker Hughes reported on Friday that the number of oil rigs in the United States rose for the first time since January by 11, to 183—the first double-digit increase since…

Is This The End Of The Big Stimulus Rally?

Aug 21, 2020 at 11:24

U.S. West Texas Intermediate crude oil futures are trading lower on Friday, putting the market in a position to close lower for the first week in three. The market has…

The Global Rig Count Hits A Record Low

Aug 21, 2020 at 11:22

1. Global rig count hits record low- The U.S. rig count has hit…

Overthrowing One Of The World's Longest Serving Dictators

Aug 21, 2020 at 11:21

Politics, Geopolitics & Conflict - This may be the end of one of the world’s longest-surviving dictators - the ever-colorful president of Belarus, Aleksandr Lukashenko. Hundreds of thousands of protesters…

How To Trade The U.S. Election: Lessons From 4 Years Ago

Aug 21, 2020 at 11:18

When you trade, you get things wrong. The only time that becomes a problem, though, is when you can’t admit it, whether to yourself or others. I learned that from…

Is The Libyan War Coming To An End?

Aug 21, 2020 at 11:15

This Weekend, Libya’s Fate Is Decided Breaking developments in Libya suggest that this is the end game, and what happens over the weekend will determine the fate of…

Russia Overtakes Saudi Arabia To Become Second Largest Oil Producer

Aug 21, 2020 at 11:15

Russia produced more crude oil than Saudi Arabia in June, beating it to the second place of the largest oil producers in the world, behind the number-one producer, the United…

Libyan Ceasefire Bolsters Chances Of Reopening Oil Ports

Aug 21, 2020 at 09:50

The UN-backed government of Libya announced a ceasefire on Friday, and the east-based rival administration also called for a truce in a move that could pave the way to…

Aramco Suspends Investment In Chinese Refinery As Low Oil Prices Bite

Aug 21, 2020 at 09:07

Saudi Aramco is suspending its investment in a joint venture developing a US$10-billion refinery and petrochemicals complex in China amid capex cuts, Bloomberg reported on Friday, citing people with…

Saudi Arabia Refuses To Learn From Its Two Failed Oil Price Wars

Aug 20, 2020 at 17:21

Having failed to achieve the slightest semblance of success in the two oil price wars that it started – the first running from 2014 to 2016, and the…

5 Stocks To Watch As The Oil Market Rebounds

Aug 20, 2020 at 16:41

It is exactly four months since the historic oil price crash that sent crude prices into negative territory for the first time ever. Since then, WTI and Brent…

Saudi Prince Responsible For Boosting OPEC+ Compliance

Aug 20, 2020 at 15:51

Saudi Arabia’s new strategy to have the OPEC+ laggards in production cuts fall in line with their quotas looks to be succeeding as the Saudi Energy Minister, Prince Abdulaziz bin…

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