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 2021-12-03 16:00 

OilPrice.com

Russia Hasn't Raised Gas Supply To Europe Despite Putin's Promise...

Russia has not materially increased natural gas supply via its pipelines to Europe, despite assurances from Russian President Vladimir Putin that Gazprom would start sending more gas after it completes filling Russian storage...

 2021-12-03 15:30 

OilPrice.com

Refiner Phillips 66 Signs Renewable Jet Fuel Deal With British Airways...

Refiner Phillips 66 has sealed a deal with British Airways to supply the airline with renewable jet fuel that will be produced at a Phillips 66 site in the UK...

 2021-12-03 15:00 

OilPrice.com

Oil Jumps As OPEC+ Leaves The Door Open To Revisiting Supply Increase...

Oil prices rose by 3% early on Friday, extending gains from late Thursday, after the OPEC+ alliance said it could immediately revisit the planned 400,000 bpd increase for January if demand suffers in coming weeks...

 2021-12-03 01:00 

OilPrice.com

Why This Oil Price Slump May Not Be Bad News For US Shale...

Shale drillers have suffered during the last two major oil price downturns, but aren't too concerned about the current oil price correction...

 2021-12-03 00:00 

OilPrice.com

Omicron Doom And Gloom May Not Be Justified...

The wider commodities complex nosedived last week as news came out about the new Omicron variant of COVID-19, but many of these fears may be unjustified...

 2021-12-02 23:00 

OilPrice.com

U.S. Coal Is Making A Transitory Comeback...

While the U.S. Administration is pushing its green energy agenda and wants to decarbonize the power grid by 2035, coal is making a comeback this year as high natural gas prices incentivize more coal use in electricity generation...

 2021-12-02 22:00 

OilPrice.com

Big Oil Is Fighting For Clean Fossil Fuels...

While much has been made of net-zero targets and the death of the oil industry, international supermajors are fighting to increase oil production while also reducing emissions...

 2021-12-02 21:30 

OilPrice.com

This Could Mean The End To Cambo Oil Field Development...

Shell announced on Thursday that it would no longer proceed with its investment in the Cambo oil field...

 2021-12-02 21:00 

OilPrice.com

Republican States Could Pull $600B From Anti-Fossil Fuel Banks...

A coalition of 15 Republican State Treasurers, Auditors, and Comptrollers of states representing over $600 billion in public assets have recently said their states could potentially reduce future business with banks that cut off financing for oil, gas, an...

 2021-12-02 20:00 

OilPrice.com

LNG Suppliers Are Very Confident In Asia's Strong Gas Demand...

Liquefied natural gas (LNG) suppliers are confident that strong gas demand growth in Asia in the coming decades will underpin the development of more projects this decade....

 2021-12-02 19:30 

OilPrice.com

European Oil Majors Doubled Spending On Low-Carbon Energy Sources...

In just two years, Europe's oil and gas majors have doubled their planned spending on low-carbon energy...

 2021-12-02 19:00 

OilPrice.com

Could Suriname Become The Next Oil Hotspot In Latin America?...

Suriname is looking to replicate neighboring Guyana's success and tap into its considerable hydrocarbon potential in the Guyana-Suriname oil basin...

 2021-12-02 18:00 

OilPrice.com

What Will Happen To Oil And Gas Workers After The Energy Transition?...

Millions have already lost jobs in the energy sector due to Covid, but it seems that was just the beginning as a global energy transition now threatens to remove these jobs for good...

 2021-12-02 17:30 

OilPrice.com

Value Of U.S-Canada Energy Trade Dips In 2020...

The pandemic-driven lower petroleum consumption and lower commodity prices resulted in a decline of over 30 percent in the value of energy trade between the United States and Canada in 2020...

 2021-12-02 16:30 

OilPrice.com

Oil Prices Bounce Back Despite The OPEC+ Decision...

Oil prices rose on Thursday after OPEC+ decided to keep its oil production policy unchanged and add another 400,000 bpd on the market in January...

 2021-12-02 16:00 

OilPrice.com

Family Firm Turns Frac Sand Bags Into Fashion Items...

A family firm in Argentina is turning frac sandbags used in the Vaca Muerta shale play into shoes, handbags, and purses...

 2021-12-02 15:30 

OilPrice.com

Big Auto CEO: Rush For Electrification Could End In Tears...

Amid a veritable race among carmakers to become fully electric before everyone else, the chief executive of Stellantis has warned that this race could end in tears...

 2021-12-02 14:53 

OilPrice.com

OPEC+ To Add 400,000 Bpd In January Despite Oil Price Plunge...

The OPEC+ group is sticking to its plan to ease the production cuts in January by 400,000 barrels per day...

 2021-12-02 14:30 

OilPrice.com

U.S. May Delay Oil Reserve Release...

The United States might adjust the timing of the release of some 50 million barrels of crude oil from the strategic petroleum reserve depending on the direction of oil prices...

 2021-12-02 01:00 

OilPrice.com

Drilling Is Picking Up In The U.S. Shale Patch...

U.S. shale drillers have significantly reduced the backlog of DUCs during the last couple of months, and now there are some early signs that shale producers are looking to expand drilling operations at the beginning of 2022...

 2021-12-02 00:00 

OilPrice.com

IEA Head: Gas Producers Are To Blame For Energy Crisis In Europe...

The deliberate policies of energy producers" are to blame for the soaring gas and electricity prices in Europe, the head of the International Energy Agency said at an industry event this week...

 2021-12-01 23:00 

OilPrice.com

Goldman Sachs: Oil Market Reaction To Omicron Is Excessive...

The plunge in oil prices in recent days was excessive, and traders "far overshot" the potential impact of the Omicron Covid variant on global oil demand...

 2021-12-01 22:30 

OilPrice.com

Low-Cost Oil And Gas May Make U.S. ''Energy Dominant''...

The United States is set to become "energy dominant", boosted to prominence by its low-cost oil and gas supplies as global prices rise in the future...

 2021-12-01 22:00 

OilPrice.com

U.S. Shale Industry To Spend $83 Billion In 2022...

US shale expenditure is projected to surge 19.4% next year, leaping from an expected $69.8 billion in 2021 to $83.4 billion...

 2021-12-01 21:00 

OilPrice.com

EV Makers Are Desperate To Ditch Cobalt...

Scarcity, price, and human rights concerns have made the elimination of cobalt from EV batteries critical to the EV transition...

 2021-12-01 20:00 

OilPrice.com

Three Bearish Factors Facing Oil Markets In 2022...

While the global oil market is fully focused on the new Omicron variant of Covid, there are three other bearish factors that will also weigh on oil prices in 2022...

 2021-12-01 19:30 

OilPrice.com

Belarusian President Threatens To Halt Transit Of Energy Products From Russia...

Belarussian President Lukashenko said this week that he could shut down transit of energy products if Poland closes its border with his country...

 2021-12-01 19:00 

OilPrice.com

The Inevitable Recovery Of Iran's Oil Industry...

Try as he might, Biden will not be able to stop Iran's oil production recovery, with the Islamic Republic determined to increase production regardless of U.S. sanctions...

 2021-12-01 18:00 

OilPrice.com

Deutsche Bank Bucks Bullish Oil Predictions...

Deutsche Bank expects crude oil prices to drop considerably next year, dipping below $60 per barrel in New York, the bank said in a note...

 2021-12-01 17:30 

OilPrice.com

UAE's Oil Giant ADNOC To Invest $127 Billion Through 2026...

The Abu Dhabi National Oil Company (ADNOC) will invest as much as $127 billion in its upstream, downstream, and low-carbon fuel businesses between 2022 and 2026...

 2021-12-01 17:00 

OilPrice.com

Jefferies: Fully Reopened World Could See $150 Oil...

Low investment in oil while the world still runs mostly on fossil fuels could send oil prices to $150 per barrel when and if the world fully reopens...

 2021-12-01 16:30 

OilPrice.com

IEA: Renewable Capacity Growth Needs To Double For Net-Zero...

The world is set to add record-breaking renewable capacity additions this year, but it will still need double new annual capacity over the next five years to achieve the net-zero by 2050 scenario...

 2021-12-01 15:39 

OilPrice.com

Oil Prices Drop As Gasoline Inventories Build...

Oil prices fell slightly on Wednesday morning after the EIA confirmed a build in both gasoline and distillate inventories...

 2021-12-01 15:30 

OilPrice.com

U.S. Tries To Patch Things Up With OPEC After SPR Release...

The United States is taking a crack at improving its relations with OPEC—notably with Saudi Arabia—after the federal government repeatedly blamed the group for high U.S. retail fuel prices...

 2021-12-01 15:00 

OilPrice.com

OPEC+ Expects Large Oil Glut In Early 2022...

OPEC+ expects the global oil market to show a worse-than-previously expected surplus in the first quarter of 2022...

 2021-12-01 01:00 

OilPrice.com

Can Libya Become A Global Oil And Gas Power Once Again?...

While there is still plenty of political in-fighting in Libya's oil and gas sector, there are also some very promising signs that the country's production will soon bounce back...

 2021-12-01 00:00 

OilPrice.com

The Investment Case For Floating LNG...

Sky-high natural gas prices have led to a resurgence in floating LNG investments, especially in the fastest-growing gas market, Asia...

 2021-11-30 23:00 

OilPrice.com

Oman's New Petrochemical Project Could Be A Game-Changer...

Though Oman is far from the top oil and gas producer in the Middle East, it is looking to carve out its own petrochemical niche in the region, and it could pay off in a big way...

 2021-11-30 22:08 

OilPrice.com

Small Crude Draw Fails To Boost Oil Prices...

The API reported a smaller than expected crude draw, a report that failed to boost oil prices which have been falling on renewed demand fears from the Omicron variant...

 2021-11-30 22:00 

OilPrice.com

Could Greenflation Derail The Commodity Supercycle?...

The global energy transition is in full swing, but a new form of inflation threatens to put the brakes on our greener future, at least temporarily...

 2021-11-30 22:00 

OilPrice.com

The Oil Industry Is Facing A Labor Shortage...

The oil industry is facing a labor shortage due to an increasing number of workers moving to renewables or leaving the energy industry altogether...

 2021-11-30 21:30 

OilPrice.com

OPEC+ Expects Global Oil Inventories To Surge...

An internal report prepared for the technical committee meeting of the OPEC+ group suggests that global oil stocks are set to rise faster than originally expected...

 2021-11-30 21:00 

OilPrice.com

Could The World Run On Nitrogen?...

Scientists and researchers are scrambling to ditch hydrocarbons, with new technology offering a unique, and potentially game-changing, solution to the world's emissions dilemma...

 2021-11-30 20:19 

OilPrice.com

Cushing Crude Inventories Are Rising As Oil Prices Fall...

According to energy analytics provider OilX, crude stocks at Cushing are set to rise again this week amid the sell-off in WTI...

 2021-11-30 20:00 

OilPrice.com

Guyana To Become The 11th Country To Produce Over 1 Million Bpd...

Guyana, one of the world's most exciting offshore drilling frontiers, is on track to pump as much as 1 million barrels per day...

 2021-11-30 19:00 

OilPrice.com

OPEC+ Under Pressure As Oil Prices Plunge Again...

All eyes are now on OPEC+ as prices plunge due to growing demand fears driven by the Omicron variant and new travel restrictions being put in place...

 2021-11-30 18:30 

OilPrice.com

Tin Prices Are Rising As Indonesia Considers Banning Exports...

Indonesia is reportedly considering a ban on tin and copper exports, sparking a run on tin prices...

 2021-11-30 18:00 

OilPrice.com

How To Spot A Carbon-Free Con...

Plenty of companies are pledging to reach net-zero emissions over the next two or three decades, but these claims should all be taken with a grain of salt...

 2021-11-30 17:30 

OilPrice.com

Analysts Expect Brent Oil To Average $75 In 2022...

According to a recent Reuter poll, analysts see the price of Brent oil averaging $75 in 2022 due to the conservative production policy of OPEC+...

 2021-11-30 17:00 

OilPrice.com

OPEC Misses Its Oil Production Target Once Again...

OPEC raised its production in November but failed to produce its share of oil production under the OPEC+ deal...

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