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Article Archive | Page 739

China’s Biggest Move In Oil Markets To Date

Dec 24, 2019 at 10:46

China is making an aggressive entrance into the world of energy exchanges, but will it help the markets like some analysts suggest, or will it spell doom for oil prices?…

Is This Africa’s Next Big Oil Frontier?

Dec 24, 2019 at 10:45

Africa seems to be emerging as the prime drilling spot for the early 2020s – it is still relatively under-evaluated, would be cheaper than any other domestic project for Western…

Russia’s Latest Energy Power Play

Dec 24, 2019 at 10:45

The recent exposure of a Russian intelligence operation in Serbia highlights the dual strategy that Russia pursues towards its neighbours. It also underlines the geopolitical position that Serbia finds itself in…

Has Tesla Finally Conquered China?

Dec 24, 2019 at 10:44

While new vehicle sales — including new energy/electric vehicles — continued to see a downward slide in November, Tesla broke that cycle with a 14-fold gain in new-vehicle registrations. Model 3…

The Real Reason Oil Prices Remained Low In 2019

Dec 24, 2019 at 10:23

The year that is drawing to a close has not been good for oil. Despite production caps across OPEC and beyond, and despite the extra-large number and size of production…

Gazprom’s Latest Plan To Avoid U.S. Sanctions

Dec 24, 2019 at 10:23

Trump's signing the 2020 NDAA into law on Friday, and with it, sanctions targeting European and Russian companies laying the Nord Stream 2 pipeline, had the immediate impact of forcing…

Putin Makes A Move In Libya’s Oil Crescent

Dec 24, 2019 at 10:17

Whenever a major oil-producing region is engulfed in prolonged warfare, speculation starts to abound regarding all the potential changes to its oil and gas policy and the companies willing to…

Renewables On The Rise In The Mining Industry

Dec 24, 2019 at 10:17

In a recent report, consultancy firm THEnergy stated that 2019 saw significant growth in the number of mining companies materially committing to develop onsite renewable energy projects. “The year 2019…

Why Chevron’s $10 Billion Impairment Matters

Dec 24, 2019 at 10:15

Chevron surprised a number of people last week when it announced that it would take a non-cash, after-tax impairment charges of $10 billion to $11 billion in its fourth-quarter 2019…

Why This Oil Price Rally Won’t Last

Dec 24, 2019 at 10:08

Every price rally of 2019 has ended in tears. The latest will probably end similarly. It is based on hope that ending the U.S. – China trade war might improve…

Why Oil No Longer Rules The Stock Market

Dec 24, 2019 at 10:04

Things are looking pretty good for the average American investor at the moment, with the S&P 500 still taking out new highs…

Bullish Sentiment Keeps Oil Above $60

Dec 24, 2019 at 09:56

Oil prices were relatively lifeless at the start of the week, holding onto recent gains, but not moving much in either direction. (Click to…

New England Natural Gas Prices Hit Two Year High

Dec 24, 2019 at 09:53

For those who grew up in New England, single-digit temperatures, snow squalls, and icy roads are nothing outside the ordinary. With at least six days last year averaging colder than…

The Glaring Problem With Ocean Floor Mining

Dec 24, 2019 at 09:43

A recent article on undersea mining in The Atlantic brought back a detailed childhood memory. When I was in fifth grade, my class put on a sort of mini science fair and…

What Will The Average Oil Price Be In 2020?

Dec 24, 2019 at 08:35

West Texas Intermediate will trade at an average $58.50 per barrel next year, a poll among analysts conducted by Bloomberg has shown. That’s lower than the current price…

The 10 Most Important Oil Market Trends For 2020

Dec 23, 2019 at 14:35

As a busy 2019 in the oil and gas industry ends, analysts are busy issuing predictions about next year and what they would mean for oil markets and prices. This…

Is This The Beginning Of A Shale Crisis?

Dec 23, 2019 at 13:52

Banks are cutting their lending to struggling U.S. shale drillers, another blow to an industry that has long been dealing with a questionable business model. Banks are restricting lending and…

Oman Looks At Full Oil Industry Overhaul

Dec 23, 2019 at 12:03

With a fiscal breakeven oil price of US$87.55 per barrel (pb) of Brent in 2020 and 80 per cent of its revenues still coming directly or indirectly from the hydrocarbons…

Will The Exxon Ruling Impact Future Climate Cases?

Dec 23, 2019 at 12:00

As I explained last month in Exxon Knew. Did They, Though?, perceptions outside of an oil company are often at odds with what is happening inside the company. I…

Another Oil Major Bails On Marcellus Shale

Dec 23, 2019 at 11:51

There have been some signs the shale boom that re-energized America’s domestic energy industry a few years back, might be entering a maturing phase of its development. A phase where…

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