Is This The Next Major Market For U.S. LNG?
Natural gas producers have had little to cheer about over the past few months after prices sunk to multi-year lows amid a huge oversupply and warm weather. The slowdown could…Read More
op
1,665 posts
Will Sodium Batteries Replace Lithium-Ion?
While everyone else was worrying about cheap oil and the future of electric cars, sodium batteries just got closer to becoming mainstream. This challenger to lithium ion technology has been…Read MoreSurprise Crude Draw Sends Oil Prices Soaring
The American Petroleum Institute (API) estimated on Tuesday a small crude oil inventory draw of 483,000 barrels for the week ending May 29. Analysts had predicted an inventory build of…Read MoreChina Revives Plans For Huge $20B Refinery, Petrochemical Complex
China has given the go-ahead to plans for a huge $20-billion refinery and petrochemical complex in the Shandong province, the home of the country’s independent refiners, Reuters reported on Tuesday,…Read MoreCan Yemen’s Oil Industry Make A Comeback?
The coronavirus pandemic has dealt an immense blow to businesses and nations all around the planet, yet there is one specific sphere where it might actually deliver some positive outcomes…Read MoreOPEC’s Second Largest Producer Won’t Give Up On Output Cuts
OPEC’s second-largest producer and the biggest laggard in the output cuts, Iraq, will further reduce production and remains committed to the OPEC+ pact, Iraqi Deputy Prime Minister and acting Oil…Read More$40 Oil In Sight As OPEC+ Considers Extension
Oil prices climb ahead of highly-anticipated OPEC+ meeting. Chart of the Week- The U.S. only sold 729,000 vehicles in the month of April, the lowest since early 2010.- Car sales…Read MoreCOVID-19 Fuels Fire Sale Of Oil & Gas Assets
Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural…Read MoreBreaking Down Biden’s Energy Policy
The Trump administration’s energy policy, as we consider the two candidates for our nation’s highest office, has been very clear. It rests on three conceptual pillars. Remove regulatory and governmental…Read MoreEurope’s Natural Gas Glut May Force Supply Cuts
Europe is so awash with natural gas amid weak demand and limited storage capacity that gas suppliers may have to cut flows to prevent natural gas prices from plunging further.…Read MoreJim Cramer: ‘’Fossil Fuels Are Done’’
“I’m done with fossil fuels. They’re done. They’re just done.” CNBC’s Jim Cramer didn’t even feel the need to address the disappointing earnings from the oil majors. Chevron and ExxonMobil…Read MoreOil Bankruptcies Are Reaching Worrying Levels
Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and gas producers, oilfield services and midstream bankruptcies from the beginning of 2015 through…Read More