Mar 27, 2020
What Will It Take to See $65 Oil Again This Year?
Right after Saudi Arabia-led OPEC and Russia broke up their pact to keep oil supply and prices in check, some in the U.S. oil industry were optimistic that oil prices would go back...
Mar 9, 2020
How Fossil Fuels Power the Internet
Widespread digitalization and the Fourth Industrial Revolution have helped all industries to increase efficiencies and reduce costs. The energy industry is no exception, with a...
Mar 6, 2020
Lukoil: 1 Million Bpd OPEC+ Cut Send Oil to $60
OPEC and its Russia-led non-OPEC allies could push Brent Crude prices back to $60 a barrel if the coalition agrees to deepen the cuts by up to 1 million bpd, a senior executive at...
Feb 6, 2020
Traders Scramble to Find Oil Buyers, Falling China Demand
Commodity trading houses and oil majors are scrambling to find spot buyers for crude oil outside China, where demand is depressed because of the coronavirus outbreak and where some...
Jan 30, 2020
US Shale Must Get Ready for Energy Transition
The heart of the U.S. oil industry, Houston, should be ready to position itself as a leader in the energy transition as climate change concerns will change the industry over the next...
Jan 29, 2020
Oil Extends Plunge on Coronavirus Fears
Oil prices extended losses early on Monday, slumping to nearly four-month lows amid fears that the Chinese coronavirus outbreak will slow China’s economic growth and...
Jan 17, 2020
The World's Most Expensive Oil Nears $100
Strong demand for heavy-sweet crude grades amid the new shipping fuel regulations has resulted in a recent spot tender in which a crude from Australia sold for close to US$100 a...
Jan 14, 2020
US Natural Gas Prices Hit Three-Year Low in 2019
Due to continuously rising U.S. natural gas production, natural gas prices at the U.S. benchmark Henry Hub averaged US$2.57 per million British thermal units (MMBtu) in 2019
Jan 13, 2020
North America Leads Global Crude Oil Pipeline Additions
Construction of new crude oil pipelines in North America will account for the majority of the planned oil pipeline length additions globally
Jan 6, 2020
Why Russia Agreed to Deeper OPEC+ Cuts
The United Arab Emirates had helped broker the deal between the leaders of the OPEC and non-OPEC nations in the pact.
Jan 6, 2020
Russia Goes for Global Gas Dominance
Russia's Energy Minister Alexander Novak said on Friday that Gazprom would launch Nord Stream 2 by the end of 2020 as the country moves forward to gain control of global gas markets
Jan 3, 2020
Shale Boom Far From Over, Says DOE
The slowdown in the Permian production growth is likely to be just temporary, and the U.S. shale boom is unlikely to end soon, according to the new US Energy Secretary.
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