U.S. West Texas Intermediate and international benchmark Brent crude oil futures are trading slightly lower for the week with most of the downside pressure being fueled by escalating tensions between…
Politics, Geopolitics & Conflict - Venezuela's PDVSA now has a board controlled by Maduro and another ad hoc board controlled by the opposition - and the state-run oil giant has…
Uber (UBER)’s IPO is dominating financial news this morning, but it may seem to be of little interest to energy-focused investors. There is, however, a reason why you should consider…
Friday May, 10, 2019 1. Grain prices crash on Trump’s trade war- Soybean and corn futures plunged after President Trump…
Oil prices this week are being dictated by yet another highly emotional trade war round that seemed to come out of nowhere. If Beijing really wants to dig in against…
The U.S. Maritime Administration issued on Friday a maritime advisory warning that Iran or its proxies could target oil infrastructure and commercial ships, including oil tankers, in and around…
Oil prices were flat in early trading on Friday, sandwiched between supply outages and the escalating U.S.-China trade war. (Click to enlarge)…
The number of active oil and gas rigs fell again in the United States this week according to Baker Hughes, after a string of losses in the weeks prior, keeping…
Occidental Petroleum and Anadarko yesterday signed a merger agreement putting the final stroke to the biggest deal in oil and gas since Shell’s acquisition of BG Group. Hart Energy
Mustafa Sanalla, chairman of Libya’s internationally recognized National Oil Corporation (NOC), held meetings with U.S. companies at the Offshore Technology Conference (OTC) in Houston this week, to discuss US$60 billion…
The shale industry faces an uncertain future as drillers try to outrun the treadmill of precipitous well declines. For years, companies have deployed an array of drilling techniques to extract…
Iran’s oil exports are plunging. Waivers on U.S. sanctions for Iranian oil purchases expired earlier this month, and there is evidence that most countries are steering clear of running afoul…
The search for ever-better materials to soak up oil from water has recently added a new member to this highly specialized and highly sough-after family: Chinese scientists have invented a…
Shareholders have been stepping up pressure on the world’s top oil companies to start addressing climate change risks and set emission reduction targets if the world is ever to achieve…
China continues to set records in numerous sectors, but there are some records better left alone, including drawing near to becoming the all-time global crude oil imports leader. The country
Mounting uncertainty over oil supply disruptions are clouding OPEC’s outlook on global supply for the rest of this year, a month and a half before the cartel is set to…
In terms of oil and gas, post-Soviet nations are currently undergoing a consolidation phase that slowly brings back former partners that have fallen out in 2014-2016. Prices of both oil…
U.S. shale oil—which just four years ago was the world’s second most expensive oil resource—is now the second cheapest source of new oil supply globally, just behind the giant onshore…
Crude oil production in OPEC inched up by a modest 30,000 bpd to 30.26 million bpd last month, a survey by S&P Global Platts suggested, after four months of…
Oil prices have fallen sharply on fears of a global economic slowdown, but the markets are overlooking the possibility of a serious outage in Libya as civil war drags on.…