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 2021-06-01 16:30 

OilPrice.com

Exxon Quits Deepwater Oil Project In Ghana...

Exxon is leaving a deepwater prospect in Ghana after seismic work failed to produce good enough results...

 2021-06-01 14:30 

OilPrice.com

Oil Tops $71 As OPEC+ Keeps Output Plans Unchanged...

Oil prices rallied ahead of and during the monthly meeting of OPEC+ early on Tuesday after the alliance's Joint Ministerial Monitoring Committee (JMMC) signaled there would be no changes in the plans to boost July oil production...

 2021-06-01 14:30 

OilPrice.com

Nigeria's Oil Revenues Slump 98% In April...

Nigeria's crude oil export revenues slumped by as much as 98 percent from March to April this year because of movements in the price of gasoline, the Nigerian National Petroleum Corporation said...

 2021-06-01 14:00 

OilPrice.com

Asian Refinery Margins Crash To Nearly $0...

Asian refiners are struggling with a major slump in profit margins because of the resurgence in Covid-19 infections in the region...

 2021-06-01 00:00 

OilPrice.com

New Iran Nuclear Deal May Completely Derail Oil Price Rally...

Two and a half million barrels per day of oil coming into the global markets from Iran is certainly going to weigh on oil prices over time, but there's reason to believe that prices will fall sooner than expected...

 2021-05-31 23:00 

OilPrice.com

OPEC Could Win Big As Supermajors Fend Off Environmentalists...

While Big Oil faces increasing scrutiny from governments and investors, forcing OPEC producers to cut back may be much harder...

 2021-05-31 22:00 

OilPrice.com

The U.S. Shale Patch Could Be In For Another Wave of Mergers...

As U.S. Shale grapples with growing shareholder pressure, a new M&A wave could be coming to shake things up...

 2021-05-31 21:30 

OilPrice.com

OPEC Boosted Production Less Than Expected In May...

As agreed in early April, OPEC has been raising its oil production in May, but lower output in Nigeria, Angola, and Iran partly offset major increases from top producers Saudi Arabia and Iraq to result in a lower-than-expected rise in the cartel's sup...

 2021-05-31 21:00 

OilPrice.com

The Oil ETFs To Watch If The Iran Deal Crumbles...

As nuclear talks with Iran continue to look less promising, oil and energy ETFs may be set to soar in the coming months...

 2021-05-31 20:30 

OilPrice.com

OPEC+ Still Sees Oil Demand Growing By 6 Million Bpd In 2021...

The Joint Technical Committee (JTC) of the OPEC+ group maintained at a meeting on Monday its outlook for global oil demand growth at around 6 million barrels per day (bpd) this year...

 2021-05-31 20:00 

OilPrice.com

Get Ready For $5 Gasoline...

Higher taxes and environmental regulations are both driving up the price of gas across the entire U.S....

 2021-05-31 19:00 

OilPrice.com

The IEA Is Pleading To China To Slow Down Coal Production...

The IEA has issued another warning, suggesting that if the world is to achieve net zero goals, China will have to address its addiction to coal...

 2021-05-31 18:00 

OilPrice.com

Iran Says Its Oil Production Could Jump To 6.5 Million Bpd...

Iran can boost its crude oil production to as much as 6.5 million barrels per day (bpd) when the U.S. sanctions on its oil industry are lifted, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Monday...

 2021-05-31 17:30 

OilPrice.com

Intel Warns: Chip Shortage Threatens EV Boom...

The current global chip shortage could take until 2023 to be overcome, semiconductor maker Intel said on Monday in another warning that the microchip supply crunch could delay the electric vehicle (EV) revolution...

 2021-05-31 17:00 

OilPrice.com

Is This Just The First In A Series Of Gas Discoveries For Turkey?...

Turkish exploration firms have just discovered three new oil and gas wells in the Black Sea, and it could be a sign of things to come...

 2021-05-31 16:00 

OilPrice.com

China Boasts Successful Nuclear Fusion...

Chinese media have reported that researchers working on a nuclear fusion project have succeeded in holding plasma of 120 million degrees Celsius for close to two minutes...

 2021-05-31 15:30 

OilPrice.com

Rare Iranian Oil Cargo Reaches U.S. Shores...

The first Iranian oil shipment in years reached the U.S. shores in March, Reuters has reported, citing data from the Energy Information Administration...

 2021-05-31 15:00 

OilPrice.com

Oil Prices Rise At The Start Of Driving Season...

Oil prices rose by 1 percent early on Monday, driven by expectations that recovering demand with summer travel and reopening economies will easily accommodate the gradual increase in OPEC+ production....

 2021-05-31 14:30 

OilPrice.com

Cheap Energy Boosts Crypto Mining In Argentina...

Low electricity rates and the perennial crises with inflation and foreign currency have made Argentina a hotspot for cryptocurrency mining...

 2021-05-31 14:00 

OilPrice.com

Iran Starts Shipping Oil Via Strategic Pipeline...

Iran has started sending crude oil via the Goreh-Jask pipeline that passes by the Strait of Hormuz and ends at the port city of Jask in the Gulf of Oman, from where the oil could be loaded on tankers for export...

 2021-05-30 23:00 

OilPrice.com

The Two Major Obstacles To A Hydrogen Revolution...

Industry experts largely agree that there are two main obstacles for carbon-free hydrogen to succeed, cheap renewable power and the cost of electrolysis...

 2021-05-30 21:00 

OilPrice.com

Canada's Largest Pension Funds Stick To Lucrative Oil Sands Bets...

The combined value of oil sands investments of Canada's largest pension funds continues to grow as some of the funds are actively adding to their positions...

 2021-05-30 19:00 

OilPrice.com

The World's Most Attractive Renewable Energy Market...

Though Europe and China have dominated headlines in the renewable race, the United States is looking more and more attractive for investors betting on the global energy transition...

 2021-05-30 17:00 

OilPrice.com

Could Trains Ever Be Powered By Hydrogen?...

The green hydrogen boom is in full swing, and now researchers are looking to power the rail system with the emerging super fuel...

 2021-05-30 15:00 

OilPrice.com

The Biggest Problem With The EU's Emission Trading System...

The European Union's emissions trading system is already facing, with some members suggesting it will disproportionately impact poorer nations...

 2021-05-29 23:00 

OilPrice.com

Saudi Arabia's Oil Exports Soar Ahead Of OPEC+ Meeting...

Saudi Arabia's oil exports were up 75 percent year-on-year in March, a promising sign of recovering oil demand ahead of the OPEC+ meeting next week...

 2021-05-29 21:00 

OilPrice.com

Will Gold Hit A New All-Time-High This Year?...

Enormously inflated money supply and, in particular, a future increase in the velocity of money in circulation point to a higher level of inflation in the future, which could lead to a quick rise in gold prices in the coming year...

 2021-05-29 19:00 

OilPrice.com

Is This The First Truly Global Gas Price Benchmark?...

The Dutch TTF benchmark has been growing in importance in recent years, and the growing use of flexible pricing and liquidity will bolster TTF even further which will cement its function as a global benchmark...

 2021-05-29 17:00 

OilPrice.com

Bitcoin Could Use Otherwise-Wasted Energy...

Bitcoin's energy consumption is spiraling out of control, but wise use of otherwise-wasted energy sources could help keep environmentalists at bay...

 2021-05-29 15:00 

OilPrice.com

UK Ramps Up North Sea Oil Production...

While a number of other major North Sea oil producers are scaling back, BP and Baker Hughes have just struck a deal to do just the opposite...

 2021-05-28 22:30 

OilPrice.com

Nigeria Says It Is Preparing For Post-Oil World...

Africa's largest oil producer, Nigeria, is implementing efforts to prepare its economy for a post-oil era, Ogbonnaya Onu, the Minister of Science and Technology, said at a forum this week...

 2021-05-28 20:30 

OilPrice.com

Iraq Expands Port Infrastructure To Raise Fuel Trade...

Iraq plans to complete this year the construction of a new oil pier in its key fuel export and import facility in order to raise trade in refined oil products and boost government revenues...

 2021-05-28 19:00 

OilPrice.com

A Historic Week For Big Oil...

It was a historic week in the oil industry as three separate oil majors faced pressure from shareholders and courts to reduce emissions, a development that could result in a supply crunch...

 2021-05-28 17:30 

OilPrice.com

Shareholders Overwhelmingly Back Total's Climate Policy...

Shareholders supported on Friday the climate policy of French Total and approved the rebranding of the supermajor to TotalEnergies to reflect its pivot to renewable energy...

 2021-05-28 17:12 

OilPrice.com

Oil Rig Count Rises As Brent Prices Flirt With $70...

The U.S. oil rig count continues to rise as positive sentiment about the global demand recovery gathers momentum...

 2021-05-28 16:00 

OilPrice.com

Germany Pumps $10 Billion In Hydrogen In Bid To Become Global Leader...

Germany will fund 62 large-scale hydrogen projects with as much as US$10 billion in federal and state funds as it aims to become the world's leader in hydrogen technologies...

 2021-05-28 15:30 

OilPrice.com

Energy Companies Are Scrambling For Cyber Insurance...

U.S. energy companies are scrambling to protect themselves with new cyber insurance policies following the Colonial Pipeline attack...

 2021-05-28 15:00 

OilPrice.com

Moody's: Credit Risk Is Growing For Big Oil...

Moody's has issued a major warning for international oil companies, citing increasing credit risk for producers over concerns about climate change...

 2021-05-28 14:30 

OilPrice.com

China's Tech Emissions Are Set To Double By 2035...

China's extraordinary tech boom is being fueled by coal and its digital infrastructure emissions are set to double by 2035...

 2021-05-28 13:40 

OilPrice.com

Oil Rises After 'Cataclysmic' Boardroom Showdown...

Oil prices rose early on Friday for a sixth consecutive day and were on track for weekly and monthly gains after the defeats on climate policies that major oil firms suffered at the hands of shareholders and judges...

 2021-05-28 00:00 

OilPrice.com

3 Chinese Energy Stocks To Buy And 3 To Avoid...

After the recent selloff, some of China's energy companies are good potential investments, especially over the long haul, while others might offer a bumpier ride...

 2021-05-27 23:30 

OilPrice.com

Crypto Mining Company Plans One Of The Largest Solar Projects In The U.S....

One crypto mining company is looking to make its solar power debut in Montana and is planning one of the largest solar projects in the United States known as the Basin Creek Solar Project...

 2021-05-27 23:00 

OilPrice.com

Could This Be The No.1 EV Stock Of 2021?...

Tesla and Volkswagen are in a fierce battle for the electric vehicle crown in parts of the world, but one winner in the EV space may actually come from a different sector altogether...

 2021-05-27 22:30 

OilPrice.com

Indian State Refiner To Buy Iranian Oil If Iran Offers Price Discounts...

Bharat Petroleum Corporation Limited (BPCL), a state-controlled Indian refiner, could resume buying crude from Iran once U.S. sanctions are lifted, but it would only do so if the Islamic Republic sells its oil at a discount to make it more attractive...

 2021-05-27 22:00 

OilPrice.com

Boardroom Blitz Isn't A Crushing Blow For Big Oil...

The activist investors actions in both the boardroom and courtroom are not a devastating blow for big oil, rather a wake-up call...

 2021-05-27 21:00 

OilPrice.com

OPEC+ Set To Proceed With Plans To Boost July Oil Production...

The OPEC+ group is expected to confirm next week its May-July plan to ease the oil production cuts by the planned 840,000 barrels per day (bpd) in July...

 2021-05-27 19:30 

OilPrice.com

Biden's Asia Advisor: ''U.S. Entering Period Of Intense Competition With China''...

One of the Biden Administration's leading Asia advisors said that the period that was broadly described as engagement has come to an end...

 2021-05-27 19:15 

OilPrice.com

Is There A Huge Undisclosed Short In Oil Explorer Reconnaissance Energy Africa?...

Reconnaissance Energy Africa, one of the most exciting oil plays of the last decade has come under significant short selling as revealed in a recent report by Buyins.net...

 2021-05-27 19:00 

OilPrice.com

Attempts To Regulate Bitcoin Emissions Are Pointless...

Bitcoin has been getting plenty of bad press of late regarding its energy emissions, and attempts by Elon Musk and North American Bitcoin miners to change that are unlikely to work...

 2021-05-27 18:30 

OilPrice.com

WoodMac: Asia Needs To Invest More In Gas To Lower Emissions...

Despite the call from the International Energy Agency (IEA) that no new funding for fossil fuels is necessary if the world wants to get on the net-zero 2050 pathway, Asia is the region where investments in gas are necessary to cut its reliance on the more...

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