Oil IPOs Ready to Bloom Across the U.S.
‘It feels like we’ve entered a good window’ for deals: Holt It may be time for a baby boom in U.S. oil. Rising crude prices and a deregulatory push in Continue Reading
U.S. refiners face severe labor shortage for deferred maintenance
After years of running flat out, U.S. Gulf Coast refiners are lining up repairs to plants in 2017 – but facing a severe labor shortage that could delay work, drive Continue Reading
Shale Drillers Promise No 2017 Binges as Oil Hangover Eases
Shale oil companies are ready to play chicken with supply and demand again. Roiled by a year that began with crude at a 12-year low and ended with a surprise Continue Reading
Electric Cars: Still Unpopular with Buyers and Unprofitable for Sellers
Tesla, which sells only electric vehicles, has posted a net loss of $550 million so… The car of the future will be electric, connected and, eventually, self-driving. But where does Continue Reading
Solar power at 1¢/kWh by 2025 – “The promise of quasi-infinite and free energy is here”
Thierry Lepercq, head of research, technology and innovation at the French energy company Engie SA, said in an interview at Bloomberg that he sees a potential for the cost of Continue Reading
Oil Prices Edge Up as Investors Remain Positive
Crude oil futures were up slightly Tuesday amid muted holiday trading in Europe as investors remain in a wait-and-see mode ahead of a landmark effort by oil producers to reduce Continue Reading
Oil Extends Longest Run of Gains Since August Before OPEC Cuts
Oil extended the longest winning streak in more than four months before OPEC and other producing nations start reducing output to stabilize the market. Futures advanced 0.4 percent in New Continue Reading
Brent curve signals oil tanks will start emptying in second half of 2017: Kemp
OPEC and non-OPEC oil producers have agreed to reduce their combined output by more than 1.7 million barrels per day for six months from January 2017. But the agreement contains Continue Reading
Oil gains post-Christmas ahead of OPEC, non-OPEC cuts
U.S. oil prices extended gains on Tuesday in post-Christmas trading, as OPEC and non-OPEC members are set to start curbing output in less than a week to support oil prices. Continue Reading
OPEC, Russia talk gives oil prices a boost
A year-end gain in crude oil prices on the first full trading day after the Christmas holiday was boosted by OPEC and signals from a top Russian oil producer. Crude Continue Reading