• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 1 day GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 days They pay YOU to TAKE Natural Gas
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 2 days What fool thought this was a good idea...
  • 5 days Why does this keep coming up? (The Renewable Energy Land Rush Could Threaten Food Security)
  • 2 hours A question...
  • 11 days The United States produced more crude oil than any nation, at any time.
Comparing Big Oil to Big Tobacco is Ludicrous

Comparing Big Oil to Big Tobacco is Ludicrous

Comparing Big Oil to Big…

The Race for Green Hydrogen Dominance is Heating Up

The Race for Green Hydrogen Dominance is Heating Up

Countries worldwide are competing to…

Energy

Oil, Gas Activity in U.S. Holds Steady

May 17, 2024 at 12:08 | Julianne Geiger

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total…

LNG Market Faces Disruption as Red Sea Closure Forces Risky Detours

May 17, 2024 at 11:03 | Irina Slav

The last LNG carrier that passed the Bab el Mandeb strait off the Yemeni coast did so in February. Since that month, there has been no LNG traffic via the…

Heatwaves Push Asia’s Spot LNG Prices To Highest Since January

May 17, 2024 at 10:28 | Charles Kennedy

Heat waves in some parts of Asia and forecasts of above-average temperatures in southeast Asia and China in the coming weeks have prompted more spot LNG buying, which has raised…

A Coal Stock Worth Buying?

May 17, 2024 at 09:53 | Martin Tillier

Readers may have noticed that I don’t often write about coal stocks. That is because I try my best to be positive, and coal is a hard subject on which…

SPR Levels Remain Low

May 17, 2024 at 08:55 | Robert Rapier

Over the past week, multiple stories have appeared in the media with headline phrases like “The U.S. is refilling the Strategic Petroleum Reserves.”…

Oil Prices Remain Rangebound but a Breakout May Be Coming

May 17, 2024 at 08:53 | Michael Kern

Oil prices have remained rangebound this month, but falling inventories and a slowdown in U.S. inflation could provide the spark for a breakout.

A New Sugar-Based Catalyst That Can Make CO2 Valuable

May 17, 2024 at 06:46 | Brian Westenhaus

A new catalyst made from an inexpensive, abundant metal and common table sugar has the power to remake carbon dioxide (CO2) gas into carbon monoxide (CO).

Body Heat: A New Source of Energy for Buildings?

May 17, 2024 at 06:38 | Felicity Bradstock

In a few countries around the globe, governments are using an innovative method to warm buildings using body heat. The long-talked-about idea is finally becoming a reality, but it is…

Easing Inflation Sparks Bullish Sentiment in Oil Markets

May 17, 2024 at 05:48 | Editorial Dept

US Job Market and Fed Rate Expectations Crude prices edged up on Thursday after data showed a stabilizing U.S. job market, fueling expectations that the Federal Reserve could begin cutting…

Republicans Pressure Biden to Deliver Weapons to Israel

May 17, 2024 at 05:46 | Editorial Dept

Politics, Geopolitics & Conflict The US House of Representatives (Republican-led) has now passed a bill to force Biden to deliver weapons to Israel after he postponed bomb shipments to force…

Groundhog Day for OPEC+

May 17, 2024 at 05:41 | Editorial Dept

OPEC+ is once again grappling with familiar challenges: some of its members are eager to increase crude oil production after a prolonged period of restraint. Historically, OPEC has…

Sponsored Article

A Green Way to Play 2024’s Bitcoin Boom

May 16, 2024 at 15:30 | Tom Kool

Before the bitcoin halving, many experts were forecasting disaster for the cryptocurrency. JPMorgan projected prices would drop to $42,000, saying the market was overbought. Others said any potential…

Two Sectors Driving the Future of Oil Demand

May 16, 2024 at 13:20 | Rystad Energy

Oil demand will rise further in the medium term, according to Rystad Energy research and modeling, as low-carbon alternatives are not yet sufficiently developed or economically competitive to offset the…

Asian Refiners Diversify Away from Middle Eastern Oil

May 16, 2024 at 10:40 | Irina Slav

Asian refiners are reducing their intake of Middle Eastern oil in favor of crude from the United States and Brazil. The move comes amid shrinking margins and rising Saudi oil…

Banks Remain Financially Committed to Oil Despite Transition Shift

May 16, 2024 at 09:37 | Irina Slav

There is no large international bank without a net-zero plan. These plans invariably include curbs in lending to the oil and gas industry. Yet despite these plans. Most of the…

Could Renewable Diesel Crush Oil Demand?

May 16, 2024 at 09:07 | ZeroHedge

By John Kingston of FreightWaves With the benchmark diesel price used for most fuel surcharges down for the fifth week in a row,…

The Space Race Desperately Needs to Be Regulated

May 16, 2024 at 08:58 | City A.M

The government will make sure Britain sets the global standard for regulating space technology and exploration, giving this growing sector the clarity and certainty it needs to thrive,…

Under-hedged U.S. Shale Patch Exposed To Falling Oil Prices

May 15, 2024 at 20:58 | Alex Kimani

The oil price selloff appears to have run out of steam with oil prices finding a floor over the past week. Brent crude for June delivery was trading at $82.44…

Traders Ditch Bullish Bets on Oil

May 15, 2024 at 12:42 | Tsvetana Paraskova

A continuously fading war risk premium and signs that regional oil markets look well supplied prompted traders to slash last week their bullish bets on crude oil at the fastest…

Iraq Looks To Finish Phase 1 of CSSP Oil Megaproject by 2028

May 15, 2024 at 10:58 | Simon Watkins

Perhaps more than any other single factor, the Common Seawater Supply Project (CSSP) is critical in enabling Iraq to dramatically increase its crude oil production. It was delayed for over…

Oilprice - The No. 1 Source for Oil & Energy News