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Article Archive | Page 669

What's Holding Natural Gas Prices Back?

Jun 04, 2020 at 10:00

The oil markets have been enjoying a period of sustained rally, thanks to a stream of positive factors including somewhat successful compliance to agreed production cuts

Oil Majors Scramble To Evacuate Platforms In Gulf Of Mexico

Jun 04, 2020 at 09:06

BP has begun evacuating workers from three platforms in the Gulf of Mexico, shuttering production as tropical storm Cristobal approaches the area before it makes landfall in Louisiana during the…

Are Investors Ignoring The Largest Financial Risk Ever?

Jun 03, 2020 at 16:57

Financial markets are vastly underestimating the financial risk from climate change, according to the International Monetary Fund.  Global temperatures have already increased by 1.1 degrees Celsius…

Are Diamonds The Future Of Energy Storage?

Jun 03, 2020 at 16:45

The advance of renewable energy and electric vehicles (EVs) has incentivized scientists to look into various ways to solve the problem with efficient energy storage, which is the…

U.S. States Just Lost Pipeline Veto Rights And That’s A Big Deal For Oil

Jun 03, 2020 at 13:12

The oil and gas industry in the United States scored a big win this week after the EPA narrowed the focus of a rule that up until now,…

China Plans To Dominate The Global Nuclear Energy Push

Jun 03, 2020 at 13:04

China has big plans for the nation’s nuclear energy sector. While the nuclear energy targets set by Beijing have been massively delayed, the nation is still on track…

The Biggest Question For Oil Markets As Brent Breaks $40

Jun 03, 2020 at 13:03

Brent futures have broken above $40 for the first time since early March. Volatility continues to trend downwards, with the biweekly rolling average moving towards mean levels. Physical oil has…

China Leads The Global Oil Demand Recovery

Jun 03, 2020 at 12:19

Global oil demand has improved over the past few weeks, led by China’s demand which has rebounded to 90 percent of its pre-coronavirus levels, while tentative signs of improvement emerge…

Bahrain To Speed Up Development Of Huge 80 Billion Barrel Oil Reserves

Jun 03, 2020 at 11:40

Given the massive negative hit taken by Saudi Arabia’s economy as a result of Crown Prince Mohammed bin Salman’s oil price war, aimed at destroying the U.S. shale oil…

Saudi Arabia And Russia Agree To Extend Production Cuts

Jun 03, 2020 at 10:38

Saudi Arabia and Russia have reached a preliminary agreement to extend the current level of the OPEC+ production cuts by one month, provided that the laggards in compliance ensure over-compliance…

Oil Falls Back On Large Fuel Build

Jun 03, 2020 at 09:40

A day after the American Petroleum Institute surprised market yet again with a crude oil inventory draw, pushing prices up, the Energy Information Administration also reported an inventory decline,…

Brent Tops $40 For The First Time Since March

Jun 03, 2020 at 08:42

Brent Crude prices broke above $40 a barrel early on Wednesday, surpassing that threshold for the first time since Saudi Arabia and Russia broke up the previous OPEC+ pact on…

U.S. Oil Drillers Restart Production As Prices Recover

Jun 02, 2020 at 17:11

Shale drillers are bringing some shuttered oil production back online as the glut eases.  The total amount of shut-in production in the Bakken stood at 475,000…

Why Saudi Arabia Is Desperate To Extend OPEC+ Cuts

Jun 02, 2020 at 16:26

OPEC+ hopes to reduce global storage volumes with their production cuts, and hopes to extend them through at least, the summer. OPEC’s regular meeting in Vienna is coming…

Is This The Next Major Market For U.S. LNG?

Jun 02, 2020 at 16:08

Natural gas producers have had little to cheer about over the past few months after prices sunk to multi-year lows amid a huge oversupply and warm…

Will Sodium Batteries Replace Lithium-Ion?

Jun 02, 2020 at 14:26

While everyone else was worrying about cheap oil and the future of electric cars, sodium batteries just got closer to becoming mainstream. This challenger to lithium ion technology has been…

Can Yemen’s Oil Industry Make A Comeback?

Jun 02, 2020 at 13:25

The coronavirus pandemic has dealt an immense blow to businesses and nations all around the planet, yet there is one specific sphere where it might actually deliver some…

$40 Oil In Sight As OPEC+ Considers Extension

Jun 02, 2020 at 12:53

Oil prices climb ahead of highly-anticipated OPEC+ meeting. 

Breaking Down Biden's Energy Policy

Jun 02, 2020 at 12:24

The Trump administration’s energy policy, as we consider the two candidates for our nation’s highest office, has been very clear. It rests on three conceptual pillars. Remove regulatory…

Europe’s Natural Gas Glut May Force Supply Cuts

Jun 02, 2020 at 11:41

Europe is so awash with natural gas amid weak demand and limited storage capacity that gas suppliers may have to cut flows to prevent natural gas prices from plunging further.…

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