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Article Archive | Page 742

Why Russia Agreed To Deeper OPEC+ Output Cuts

Dec 18, 2019 at 09:03

When Saudi Arabia and Russia sat down for official talks at the OPEC+ meeting in Vienna on December 6, they had already agreed to deeper production cuts, because days before…

Is Wall Street Turning Its Back On Fossil Fuels?

Dec 17, 2019 at 14:11

Goldman Sachs said that it would no longer finance coal projects, or oil and gas exploration in the Arctic. In a new environmental policy framework, the investment…

From Boom To Bust: Permian Shale Towns Face Exodus

Dec 17, 2019 at 13:56

Perhaps it’s not evident to anyone who is not an oil-worker living in America’s biggest shale towns, but signs of the shale slowdown predicted by many analysts, and the EIA…

Can The EV Revolution Survive Without Tax Credits?

Dec 17, 2019 at 12:41

The end of the year is drawing near and it’s time for last-minute legislation in the U.S. Congress. As is tradition, various industries are using this time to lobby for…

The Not-So-Secret Component In Next-Gen Solar Cells

Dec 17, 2019 at 12:25

Materials researchers at Estonia’s Tallinn University of Technology partially substituted copper with silver in solar cells’ absorber material to improve the efficiency of the devices. In a study published in…

Oil Prices Head Higher Despite OPEC+ Skepticism

Dec 17, 2019 at 11:33

Despite OPEC uncertainty, oil prices continue to power upward.  (Click to enlarge) (Click to enlarge)

Lukoil: Russia’s Output Could Surpass 12 Million Bpd By 2035

Dec 17, 2019 at 11:27

Russia’s crude oil and condensate production could rise to more than 12 million bpd by 2035, if global demand for liquid hydrocarbons continues to grow, Russia’s second-largest oil producer, Lukoil,…

US Proved Oil & Gas Reserves Hit New Record High

Dec 17, 2019 at 10:22

Higher oil and natural gas prices in 2018 raised the proved reserves of oil and gas in the United States to new all-time highs last year, the Energy Information Administration…

Revealing The True Extent Of Exxon’s Natural Gas Blow Out

Dec 17, 2019 at 09:20

A natural gas well operated by Exxon that blew out in 2018 released a lot more methane than previously believed, a study by a team of U.S. and Dutch scientists…

Have Oil Prices Reached An Inflection Point?

Dec 16, 2019 at 16:18

Oil prices have hit three-month highs, driven higher by the OPEC+ cuts, the U.S.-China trade de-escalation, the slowdown in shale and the apparent stabilization in the global economy. There is…

The Worst Performing Oil Stocks Of 2019

Dec 16, 2019 at 15:59

As the smart money continues to double down on the battered energy sector, it’s time for investors to also consider playing the contra trade.  In a past article, we highlighted…

The Worrying Truth About Russia’s Oil Industry

Dec 16, 2019 at 14:24

The widespread adaptation of the combustion engine at the start of the 20th century propelled oil into becoming the world’s most important commodity. Resource-rich countries such as Russia were the…

The 5 Biggest Threats To Oil & Gas In 2020

Dec 16, 2019 at 14:11

After quite an eventful 2019  in which oil demand growth slowed to its lowest in years and investors questioned the performance of oil and gas stocks, the energy sector meets…

Texas Driller Goes All-In On This New Oil Frontier

Dec 16, 2019 at 12:31

Apache (APA) has made news in recent times largely for the potential of their Alpine High field in West Texas. The crash in everything shale currently has moved…

Wanted: Oil Workers With More Tech, Less ‘Roughneck’

Dec 16, 2019 at 12:15

Oil and gas’s love affair with digital technology is about to get serious. With digital tech’s proven capacity to contribute to the industry’s number-one priority in the post-2014 era—cost control—it’s…

Country With World’s Largest Uranium Reserves Finally Considers Nuclear Energy

Dec 16, 2019 at 11:49

Australia’s Parliament presented this week a report that outlines a series of measures to take into consideration if the country wants to move forward with the development of nuclear energy.…

Russian Coal Exporters Face Nightmare Scenario In Asia

Dec 16, 2019 at 10:13

Trying to redirect supplies from the European to the Asian market, leading coal exporters face a slowdown in demand in India, Japan and South Korea, which leads to a price…

Activist Group Prepares To Infiltrate Big Oil Shareholder Meetings

Dec 16, 2019 at 09:51

Dutch activist group Follow This is preparing more climate change resolutions to propose at the next annual shareholder meetings of Exxon and Chevron, along with Shell and Equinor, Reuters

Trump Follows Up On His Promise To Protect Syrian Oil

Dec 16, 2019 at 09:29

The United States has moved more equipment from Iraq into Syria to boost the protection of the oil and gas fields in eastern Syria currently under the control of Kurdish…

The Best And Worst Oil Predictions Of 2019

Dec 13, 2019 at 16:35

There’s nothing like wild volatility to destroy the integrity of those high-end bankers and analysts who are brave enough to make oil price predictions year in and year out. But…

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