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 2021-11-19 00:00 

OilPrice.com

Is Lithium The Best Bet On A Overheated EV Market?...

EV makers have seen their share prices rocket in 2021, and smart investors are now putting their bets on battery metal miners instead...

 2021-11-18 23:00 

OilPrice.com

Tiny Reactors Could Make Nuclear Power 50% Cheaper...

Huge cost overruns have made a mockery of nuclear technology's initial promise, but new innovations could make reactors smaller, and much cheaper...

 2021-11-18 22:30 

OilPrice.com

U.S. To Discuss Energy Transition With Mexico's President...

The United States will discuss energy and climate issues with Mexico as part of the North American Leaders' Summit on Thursday...

 2021-11-18 22:00 

OilPrice.com

Saudi Crown Prince Unveils Net-Zero Industrial Hub In Smart-City Neom...

Riyadh has signaled repeatedly that it would use its oil money for some ambitious projects, chief among them the $500-billion Neom smart city...

 2021-11-18 21:30 

OilPrice.com

UK's National Grid Expects Windfall Profits From High Power Prices...

The UK's National Grid expects significantly higher earnings for its 2021/2022 fiscal year ending in March 2022, due to the higher auction prices for electricity amid soaring natural gas and power prices in the UK and the rest of Europe...

 2021-11-18 21:00 

OilPrice.com

Building A $2 Billion Subsea Solar Power Cable From Chile To China...

Chile and China are considering one of the most ambitious energy projects the world has ever seen, building a 15,000 km subsea cable to send solar energy halfway around the world...

 2021-11-18 20:00 

OilPrice.com

Fewer Americans To Hit The Roads On Thanksgiving As Gasoline Prices Near Record...

Just 32 percent of Americans plan to drive for Thanksgiving this year as gasoline prices are expected to be the second most expensive for the holiday ever...

 2021-11-18 19:00 

OilPrice.com

The Real Reason Big Oil Is Refusing To Boost Production...

The rise in oil and gas prices has made Big Oil a lot of money, but as the U.S. struggles with massive fuel bills, the administration is calling for the industry to ease the supply gap...

 2021-11-18 18:30 

OilPrice.com

Crypto Miners Are Worsening Kazakhstan's Energy Crisis...

An influx of Chinese crypto miners is becoming an increasing problem for Kazakhstan's already-strained power grid...

 2021-11-18 18:00 

OilPrice.com

EIA Sees Brent Oil Price Falling To Average $72 In 2022...

Brent Crude prices are set to average $72 per barrel next year, due to the expected surplus on the market on the back of rising production from the United States and the OPEC+ group...

 2021-11-18 17:30 

OilPrice.com

Tensions Between Armenia And Azerbaijan Boil Over After Border Incidents...

Tensions have again boiled over between Armenia and Azerbaijan, with multiple exchanges of fire in recent days and traffic restricted by Azerbaijani forces on two roads along the border with Armenia...

 2021-11-18 17:00 

OilPrice.com

The Race Is On For Low Carbon Jet Fuel...

The race to produce a low carbon jet fuel has garnered plenty of attention as the world attempts to reduce emissions, with British Airways debuting its carbon-neutral flight at COP26...

 2021-11-18 16:30 

OilPrice.com

U.S. Asks Big Oil Consuming Nations To Release Reserves...

China is not the only big oil consumer the United States has asked to release oil from its reserves in a bid to rein in prices...

 2021-11-18 16:00 

OilPrice.com

Oil Dips As Consuming Nations Mull Strategic Reserve Releases...

Oil prices ignored a bullish EIA inventory report and dipped on Wednesday amid expectations that the U.S. could soon announce a release from its Strategic Petroleum Reserve (SPR) and other major consuming nations could follow suit with crude releases...

 2021-11-18 15:30 

OilPrice.com

Biden Calls On FTC To Investigate Oil Companies And High Gas Prices...

President Joe Biden has asked the Federal Trade Commission to investigate the possibility of oil companies' involvement in price trends in retail fuels, alleging illegal conduct on the part of the companies...

 2021-11-18 15:00 

OilPrice.com

China Prepares To Release Oil From Strategic Reserve...

Following a virtual meeting between US President Biden, and Chinese President Xi, China is preparing to release crude oil from its strategic reserve...

 2021-11-18 01:00 

OilPrice.com

Is The U.S. Shale Patch Refusing To Pump For Political Reasons?...

Biden's calls on OPEC to increase production triggered a negative reaction from the U.S. shale patch, but that doesn't mean the shale drillers are being political...

 2021-11-18 00:00 

OilPrice.com

Should The Oil Market Be Worried About Skyrocketing EV Sales?...

Electric vehicle sales have broken records this year, and as adoption accelerates, the oil market could be in for a reality check...

 2021-11-17 23:00 

OilPrice.com

Chevron's Latest Oil Deal With Iraq Is One To Watch...

Chevron's DhiQar oil deal with the Iraqi National Oil Company could determine the future of U.S. involvement in Iraq...

 2021-11-17 22:00 

OilPrice.com

Aggressive Middle East Oil Price Hikes Hint At Strong Demand In Asia...

Middle East crude oil producers have raised their OSPs for December delivery significantly this month on the back of ongoing, strong demand for crude in Asia...

 2021-11-17 21:30 

OilPrice.com

Largest Offshore Drilling Auction In U.S. History Kicks Off With $192M In Bids...

Wednesday's Gulf of Mexico Lease Sale 257 brought in $191.7 million in high bids for 308 tracts covering 1.7 million acres in federal waters in the Gulf of Mexico...

 2021-11-17 21:00 

OilPrice.com

Airlines Face High Costs, Low Staff, And Lots Of Restrictions...

Airlines are facing high fuel costs, staff shortages, and the possibility of covid restrictions this winter, none of which seems to be deterring travelers from wanting to get back out there...

 2021-11-17 20:30 

OilPrice.com

India Shuts Coal Power Plants As Delhi Air Pollution Worsens...

India is temporarily shutting down half of the coal-fired power plants around Delhi, but this has had nothing to do with any "coal phase-down" pledges...

 2021-11-17 20:00 

OilPrice.com

Venezuela's New Oil Production Target Is Completely Unrealistic...

Venezuela's national oil company revised down its petroleum production target by half a million barrels per day, but the new target is still far too high...

 2021-11-17 19:30 

OilPrice.com

Soaring Energy Prices Drive UK Inflation To 10-Year High...

High energy prices drove inflation in the UK to a 10-year high of 4.2 percent in October, and energy is expected to fuel additional price hikes next year when the energy regulator is set to raise the so-called price cap...

 2021-11-17 19:00 

OilPrice.com

The Real Winner In The War Between Fossil Fuels And Renewables...

As the world attempts to move away from fossil fuels and towards clean energy, demand for copper is soaring and observers are starting to question the environmental impact of copper mining...

 2021-11-17 18:30 

OilPrice.com

Belarus Reduces Flow On Oil Pipeline To Poland Amid Border Crisis...

Belarus is reducing the flow of oil via the Druzhba pipeline from Russia to Poland for three days due to...

 2021-11-17 18:00 

OilPrice.com

Breakeven Price For New Oil Projects Drops In 2021...

Rystad Energy's annual cost of supply analysis has revealed that costs within the upstream sector have come down considerably in 2021, making new oil more competitive and significantly cheaper to produce...

 2021-11-17 17:30 

OilPrice.com

UAE Speeds Up $20 Billion Natural Gas Projects...

The Abu Dhabi National Oil Company (ADNOC) is set to imminently award engineering and construction contracts for a major offshore natural gas field to increase gas production and exports...

 2021-11-17 17:00 

OilPrice.com

Has China Really Solved Its Power Crisis?...

The energy crisis in China, which resulted in blackouts in September and October, is now easing according to top government officials...

 2021-11-17 16:30 

OilPrice.com

Environmentalists Sue South Africa Over Plans For New Coal Capacity...

Environmental organizations are suing South Africa in a local high court over the government's decision to build 1.5 gigawatts (GW) of new coal-fired power generation capacity...

 2021-11-17 15:40 

OilPrice.com

Oil Inches Higher After EIA Reports Surprise Crude Draw...

Crude oil prices gained today after the Energy Information Administration reported a crude oil inventory draw of 2.1 million barrels...

 2021-11-17 15:30 

OilPrice.com

Federal Court Refuses To Move Line 5 Case To State Court...

A federal judge has retained jurisdiction over a lawsuit involving the Line 5 oil pipeline that Michigan Governor Gretchen Whitmer wanted moved to a state court...

 2021-11-17 15:00 

OilPrice.com

U.S. Asks China To Release More Oil From Its Reserves...

President Joe Biden has asked his Chinese counterpart Xi Jinping to release more crude oil from its reserves in concert with the U.S., in a bid to stabilize international oil prices...

 2021-11-17 14:00 

OilPrice.com

OPEC: Oil Will Be King Of The Global Energy Mix Until At Least 2045...

Oil will continue to be the fuel with the single largest share of the global energy mix by 2045, meeting 28 percent of energy demand then, OPEC Secretary-General Mohammad Barkindo said on Tuesday...

 2021-11-17 01:00 

OilPrice.com

Could An Energy Crunch Lead To A Worldwide Financial Crisis?...

An increasing number of energy insiders are agreeing that underinvestment in oil and gas could not just lead to high price volatility in these commodities, it could also harm the global economy...

 2021-11-17 00:00 

OilPrice.com

Demand Uncertainty Could Keep Oil From Breaking $100...

Mohamed El-Erian, the chief economic adviser of Allianz and chair of Gramercy Fund Management said this week that demand destruction could appear when oil prices approach $100 per barrel...

 2021-11-16 23:00 

OilPrice.com

An Undisputable Truth: The World Still Needs Oil And Gas...

Fighting climate change, cutting emissions, and a global energy transition are certainly central topics in 2021, but the undeniable truth is that oil and gas are vital and will continue to be for decades...

 2021-11-16 22:00 

OilPrice.com

Taking A Flight Soon? Prepare To Pay More As Oil Prices Rise...

A surge in air travel demand is going hand in hand with a quick rise in jet fuel prices, which now threaten to erode airline profitability...

 2021-11-16 21:49 

OilPrice.com

WTI Crude Recovers On Cushing Inventory Draw, Gasoline Draw...

WTI crude prices rebounded slightly on Tuesday afternoon following a somewhat bullish API inventory report...

 2021-11-16 21:30 

OilPrice.com

OPEC: Global Energy Demand To Rise By 28% By 2045...

Global energy demand will increase by 28 percent from now until 2045 due to rising economies and population, according to OPEC's World Oil Outlook...

 2021-11-16 21:00 

OilPrice.com

Rolls-Royce Is Breathing Life Back Into The Nuclear Industry...

Rolls-Royce, alongside Exelon and BNF Resources, is set to produce small modular reactors to bring the nuclear industry back to life...

 2021-11-16 20:30 

OilPrice.com

IEA: Global Oil Inventories Rose In October...

After hitting a six-year low in September, commercial oil stocks in OECD countries showed a marginal build in October, suggesting that the months of hefty inventory draws globally may be over...

 2021-11-16 20:00 

OilPrice.com

Can India Transition To A Clean Energy Economy?...

India, the world's third-largest greenhouse gas emitter, is optimistic about transitioning to a green economy and is working hard to build out EV infrastructure and clean up its energy grid...

 2021-11-16 19:00 

OilPrice.com

The Oil Market Is Struggling To Interpret Mixed Signals...

Oil markets are currently rangebound as inventories fall to multi-year lows at the same time that new Covid cases increased fears of demand weakness...

 2021-11-16 18:30 

OilPrice.com

UAE Sees OPEC+ Sticking To Oil Output Plan With Surplus Looming In Q1...

Despite the calls to boost supply to tame high prices, OPEC+ is likely to continue easing the cuts with the gradual pace it set in July as it expects the oil market to tip into a surplus as soon as the first quarter of 2022...

 2021-11-16 18:00 

OilPrice.com

Netherlands Races To Change Dividend Tax Following Shell's Bombshell Decision...

In...

 2021-11-16 17:00 

OilPrice.com

IEA Hikes 2022 Brent Oil Price Outlook To $79...

Brent Crude prices are expected to average $79.40 next year, according to the International Energy Agency, which raised its oil price assumptions for 2021 and 2022...

 2021-11-16 16:30 

OilPrice.com

Exxon Puts Shale Gas Assets Up For Sale...

Exxon has put up for sale natural gas assets in the Barnett Shale in Texas...

 2021-11-16 16:00 

OilPrice.com

U.S. Natural Gas Prices Could Soon Hit $6...

Natural gas prices in the United States could hit $6 per million British thermal units if forecasts for a cold start to the winter season materialize...

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