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Article Archive | Page 9

Finding A Real Solution To Louisiana's Energy Crisis

Sep 01, 2021 at 10:54

You may have seen the recent YouTube video of Entergy crews installing a new high voltage transmission tower near New Orleans. The new tower was supposed to withstand…

OPEC+ Ignores Biden, Keeps Output Plans Unchanged

Sep 01, 2021 at 11:19

The September meeting of OPEC+ today wasn’t expected to erupt in vehement disagreements. Unlike the last meeting, when a rift between Saudi Arabia and the UAE caused worry…

UK North Sea Investment Crashes To 50-Year Low

Sep 01, 2021 at 10:27

Due to the pandemic-driven collapse in oil prices, capital investment in the UK North Sea plunged by one-third in 2020 to the lowest level since 1973, offshore industry body OGUK…

Major Crude Draw Sends Oil Higher On First Trading Day Of The Month

Sep 01, 2021 at 09:35

Crude oil prices moved higher today after the Energy Information Administration reported inventories had shed 7.2 million barrels in the week to August 27. This

Louisiana Faces Major Oil Tanker Traffic Jam Following Hurricane Ida

Sep 01, 2021 at 09:03

More than two dozen oil tankers are jamming Louisiana ports in the wake of Hurricane Ida as port operators continue to assess the damage, Reuters reports, citing sources and…

Iran Eyes Further 1 Million Bpd Output Boost From Huge Oilfields

Aug 31, 2021 at 13:22

Irrespective of how quickly a new iteration of the Joint Comprehensive Plan of Action (JCPOA) – ‘nuclear deal’ – is signed between Iran and the U.S., plus the…

Are Saudi Arabia’s Green Energy Plans Realistic?

Aug 31, 2021 at 13:16

If words could create reality, Saudi Arabia would probably be on its way to overtake China as the world’s most ambitious energy transition leader. The desert kingdom that…

3 Distinct Futures For The Oil Industry

Aug 31, 2021 at 15:25

As the global economy emerges from the pandemic and commodity prices continue on a recovery path, it's becoming increasingly evident that the oil and gas industry is standing…

Lack Of Infrastructure Could Delay Mass EV Adoption

Aug 31, 2021 at 13:11

The advance of electric vehicles is set to raise electricity demand as consumers will hook more and more EVs to the power grids to charge them. Energy generation…

A New Force Is Emerging In Asian Energy Markets

Aug 31, 2021 at 12:42

With Asia expected to contribute around 90 percent of the world’s growing oil demand over the next five years, we are seeing more and more regional partnerships being…

Hurricane Ida Hurts Oil Demand Ahead Of OPEC+ Meeting

Aug 31, 2021 at 11:59

As oil markets prepare for the OPEC+ meeting, Hurricane Idea took 2 million barrels per day of refining capacity offline, dragging oil prices down.

OPEC+ Sees Oil Markets Tightening This Fall

Aug 31, 2021 at 11:25

Despite the COVID resurgence, the oil market will become increasingly tight this year, OPEC+ estimates show, but as the group continues to ease the production cuts into next year,…

The One And Only Way To Avoid A Climate Crisis

Aug 31, 2021 at 11:05

For anyone still in doubt about climate change, the recent floods and unusual heat waves around the globe will be difficult to ignore. Floods in China

Chinese Buyers Ramp Up Crude Oil Purchases

Aug 31, 2021 at 10:35

After several months of slowdowns in spot market oil cargo buys, Chinese importers are once again boosting their purchases, Reuters reports, citing traders and analysts. Lockdowns in response to…

Analysts: Oil Prices Won’t Go Much Higher This Year

Aug 31, 2021 at 09:44

The surge in COVID cases globally could slow oil demand recovery, which will not leave much upside for oil prices for the rest of 2021, analysts told the monthly

Oil Poised For Monthly Loss Despite Supply Outages

Aug 31, 2021 at 08:49

Crude oil has had an interesting August, but on the whole, prices are likely to end the month lower than they started it. West Texas Intermediate shed some 6…

How To Capitalize On Guyana’s Oil Boom

Aug 30, 2021 at 15:30

The oil market has come through some tough sledding the last 6-8 weeks as doubts about the commitment of OPEC+ to the newly agreed output limits, and the…

The Energy ETFs To Watch This Year

Aug 30, 2021 at 15:11

An ETF explosion has taken over the financial market as exchange-traded funds enjoy the lion's share of investment dollars globally--even as investors continue flocking to passive funds and…

The EU’s Carbon Border Tax Could Deal A Devastating Blow To Russia’s Economy

Aug 30, 2021 at 11:35

The European Union's carbon border tax, to enter into effect in five years, was conceived with the idea of leveling the playing field for European industrial producers and…

China’s Refinery Crackdown Leaves Oil Tankers With Nowhere To Go

Aug 30, 2021 at 11:30

China is cracking down on its private-sector oil refiners in a bid to close tax loopholes and mitigate pollution. Approximately a quarter of…

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