Nick Cunningham

Latest articles from Nick

• Blockbuster Oil Deal In Argentina Could Trigger Drilling Boom

  Published 11 January 2017 | viewed 38,268 times

  A blockbuster deal between the oil and gas industry, labor unions, and the Argentine government could pave the way for a flood of new investment…

• U.S. Oil And Gas Jobs See First Gains In 2 Years

  Published 10 January 2017 | viewed 20,777 times

  Rising rig counts and an uptick in drilling activity is leading to a rebound in employment in the oil and gas industry, according to recent…

• Oil Prices Running Out Of Reasons To Rally

  Published 09 January 2017 | viewed 41,117 times

  Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production.…

• Lithium Prices Set To Jump As Tesla Doubles Global Battery Production

  Published 08 January 2017 | viewed 27,937 times

  Tesla fired up the gigafactory in the first week of 2017, which could mark a turning point for the energy storage industry. The gigafactory in…

• Has U.S. Gasoline Demand Peaked?

  Published 05 January 2017 | viewed 25,427 times

  Several years of low gasoline prices have upended a decade-long shift towards more fuel efficient vehicles in the United States. For two years in a…

• Shrinking Contango Points To OPEC Deal Success

  Published 04 January 2017 | viewed 10,210 times

  The OPEC deal has sparked a rally in prices over the past few weeks, and crucially, it has also started to alter the shape of…

• Oil Major Shell Plans To Shrink As Oil Rebounds

  Published 03 January 2017 | viewed 19,168 times

  Oil prices are rising and the industry is poised for a rebound, with U.S. shale spending set to soar in 2017. But for Royal Dutch…

• A Correction In Crude Is Around The Corner

  Published 02 January 2017 | viewed 59,863 times

  In the days leading up to the implementation of the OPEC deal, investors continue to remain bullish on oil prices. Hedge funds and money managers…

• OPEC’s Spare Capacity Will Calm Oil Markets In 2017

  Published 01 January 2017 | viewed 24,710 times

  There is a wide variety of opinions on whether or not OPEC will deliver on its promised cuts of 1.2 million barrels per day, and…

• Shale Spending Is Set To Soar

  Published 29 December 2016 | viewed 26,449 times

  Oil prices are rising and the worst of the downturn appears to be over. After two years of spending cuts, 2017 could mark the first…

• Has The OPEC Rally Gone Too Far?

  Published 28 December 2016 | viewed 26,638 times

  Oil prices continue to edge up as 2016 comes to a close, a dramatic turnaround for the industry compared to the start of the year.…

• Freezing Winter Sees Natural Gas Prices Surge

  Published 27 December 2016 | viewed 33,261 times

  Natural gas prices are surging as cold weather eats into U.S. inventories, tightening the market much more quickly than many analysts had expected. The blast…

• The U.S. Prepares To Sell Off Its Oil Reserves

  Published 25 December 2016 | viewed 46,389 times

  The U.S. is beginning to wind down one of the core energy security policies of the past half century as the boom in domestic drilling…

• Oil Traders See Market Balance By Mid-2017

  Published 22 December 2016 | viewed 18,920 times

  The OPEC deal has raised the possibility of an oil supply deficit as early as the first half of 2017, according to the IEA, but…

• Will The Climate Crisis Spread Financial Chaos In Oil and Gas?

  Published 21 December 2016 | viewed 10,948 times

  Will climate change spark a financial crisis? It may not seem like an obvious connection but that was exactly the warning from the deputy head…

• U.S. Shale Is Now Cash Flow Neutral

  Published 20 December 2016 | viewed 27,429 times

  Oil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the…

• The End Of The Downturn? BP Steps Up Spending As Oil Prices Rise

  Published 19 December 2016 | viewed 18,488 times

  With the rebound in oil prices underway and the astronomic costs stemming from the 2010 Deepwater Horizon disaster in the rear view mirror, BP is…

• Could Tillerson Open Up The Russian Arctic For Exxon Again?

  Published 18 December 2016 | viewed 25,540 times

  If the ExxonMobil CEO is confirmed as the new U.S. Secretary of State, the evolving relationship between Russia and the United States will take an…

• The Oil Mystery Behind Saudi Arabia’s Production Cut

  Published 15 December 2016 | viewed 48,225 times

  Saudi Arabia surprised the world by helping to engineer an unexpectedly strong agreement from OPEC members to cut production by 1.2 million barrels per day,…

• U.S. Solar Boom Continues: 1MW Installed Every 32 Minutes

  Published 14 December 2016 | viewed 20,302 times

  Renewable energy policy faces a future of uncertainty with a new fossil fuel-friendly administration set to take office, but the U.S. solar industry just marked…