Riding The Energy Transition – Oil Beyond 2040
The motor vehicle was very quick to replace horses in the early 20th century, and the advent of the electric car suggests that another profound shift in transportation and energy Continue Reading
In World’s Hottest Oil Patch, Jitters Mount That a Bust Is Near
What’s unusual, and unnerving, is that the Permian is still thrumming with activity after prices cratered for the stuff it pumps out. (Bloomberg) — Steve Pruett has seen more than Continue Reading
Oil holds gains as producers say market rebalancing
Oil prices stood little changed on Monday, keeping most of their gains from the previous session to hold near their highest levels in months, as major producers meeting in Vienna Continue Reading
Emerging markets poised to lead pack on renewable energy
Emerging markets are set to eclipse developed nations next year in their capacity to generate wind and solar power as equipment costs fall and the energy market approaches “peak coal”, Continue Reading
OPEC’s pact compliance ‘acceptable’, some changes needed: Iran minister
OPEC’s compliance with an agreement among oil producers to reduce output has been acceptable, Iran’s oil minister said on Monday, adding that some changes were needed if participants seek to Continue Reading
OPEC’s Premature Victory Lap
OPEC met on Friday to review the progress of their work over the past 9 months, assessing whether or not they should extend their current production cuts beyond the March Continue Reading
Iraqi Kurds Vote on Independence as Neighbors Warn of Conflict
Poll on statehood opposed by Iraq, Iran, Turkey, U.S. Kurdish officials not expected to push for immediate secession Iraqi Kurds went to the polls Monday for a referendum on independence, Continue Reading
Iran Says OPEC Must Address Rising Libya, Nigeria Oil Output
OPEC backs any action to help stabilize oil market: Zanganeh Iraq to boost output capacity while committing to OPEC Cuts OPEC’s commitment to cutting production to clear a global glut Continue Reading
Kurds in Iraq vote in historic referendum for independence
Kurds began casting ballots on Monday in a historic referendum on independence from Iraq despite vigorous opposition from the country’s central government as well as regional and world powers. Starting Continue Reading
Oil Majors Brace For More Niger Delta Attacks
The slow pace of talks between the Nigerian government and representatives from the Niger Delta—exacerbated by the impending 2019 elections—have frustrated the militants who prompted the negotiations, causing oil majors Continue Reading