Why Is U.S. Demand For Solar Panels Booming?
Solar modules prices in the United States have reversed in recent months the trend of steady declines of the past few years, as many U.S. solar companies are hoarding panels Continue Reading
Halliburton’s Profits Take a Hit in 2Q
Halliburton’s second quarter earnings are a mixed bag as the oilfield services company sees profits plummet while international operations increase revenues. Halliburton Company saw its second quarter profits take a Continue Reading
Offshore GOM Operators Returning to Normal
Offshore oil and gas operators in the Gulf of Mexico are resuming normal operations following tropical storm Barry. Offshore oil and gas operators in the Gulf of Mexico (GOM) are Continue Reading
Russian thermal coal exports fall in May for first time in 10 months
Low European-delivered thermal coal prices and high utility inventories caused May exports of Russian thermal coal to dip for the first time in 10 months, according to trading sources. Receive Continue Reading
Oil rises more than 2% after Iran seizes British tanker
Oil prices rose more than 2% on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf. Brent crude Continue Reading
Crude oil futures gain on rising geopolitical tensions; Libya
Crude oil futures kicked off the week on a stronger note in mid-morning trade in Asia Monday, buoyed by renewed supply concerns on mounting geopolitical tensions in the Middle East, Continue Reading
Oil outlook sours as sanctions, global tensions fail to bring out bulls
Sentiment in the oil market has shifted dramatically in recent days, with hedge funds, producers and traders all taking a more bearish tack in response to what they see as Continue Reading
The Two Most Important Catalysts For Oil
The International Energy Agency (IEA) said that it would cut its oil demand forecast due to a slowing global economy. “China is experiencing its slowest economic growth in the last Continue Reading
Turkey says no more exploration ships necessary in eastern Mediterranean for now
No further energy exploration or drilling ships are necessary in the eastern Mediterranean for now, Turkish Foreign Minister Mevlut Cavusoglu said on Monday as a dispute continued over Turkish drilling Continue Reading
Why Saudi Arabia’s Crown Prince Keeps The Aramco IPO Alive
The Aramco IPO story seems more and more to be a line from the world famous story of “Scheherazade and 1001 nights”. As the famous princess needed to tell stories Continue Reading