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Oilprice published an article 9:55 AM

OPEC Refuses To Cut Production, Sending Oil Price Down Again

OPEC has resisted the urging of its needier members and has decided not to cut production levels despite the five-month-old plunge in oil prices.

Wed Nov 26

NL

Article

Oilprice published an article 9:20 AM

Veteran Oil Minister Says OPEC Alone Can’t Set Oil-Price Levels

OPEC alone can’t be held responsible for setting the price of oil worldwide, a veteran oil minister says, and it’s time for producers outside the cartel to help set acceptable prices for oil.

Tue Nov 25

NL

Article

Oilprice published an article 3:36 PM

Follow the Sand to the Real Fracking Boom

When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom.

Mon Nov 24

NL

Article

Oilprice published an article 12:30 PM

The Unwelcome Reality For U.S. Coal Exports

U.S. coal export capacity is running well below capacity, and as such, exporting coal from the U.S. west coast is a losing strategy.

Fri Nov 21

NL

Article

Oilprice published an article 10:30 AM

Russia Can Survive An Oil Price War

Russia finds itself in familiar territory after a controversial half-year, highlighted by the bloody and still unresolved situation in Ukraine. Nonetheless, the prospect of further sanctions looms low and Russia’s stores of oil and gas remain high.

Thu Nov 20

NL

Article

Oilprice published an article 9:15 AM

5 Reasons The Halliburton-Baker Hughes Deal Is Poisoned

Halliburton’s takeover of Baker Hughes is setting out to be the oil and gas merger of the year. One of the largest such deals in years, it has not, however, met with unanimous approval.

Wed Nov 19

NL

Article

Oilprice published an article 10:01 AM

By Buying Baker Hughes, Halliburton Aims To Dominate US Fracking

Halliburton Co.’s purchase of Baker Hughes for about $35 billion is designed to cuts costs for the combined companies and help them dominate hydraulic fracturing in North America. It also could make the new Halliburton surpass Schlumberger Ltd. as [more]

Tue Nov 18

NL

Article

Oilprice published an article 8:44 AM

Putin Leaves G-20 Meeting Early After Bitterly Chilly Reception

Russia may be getting used to early withdrawals in the news they see. In September and October it saw three major Western oil companies suspend operations with Russian partners to comply with Western sanctions imposed on Moscow’s oil industry. Now [more]

Mon Nov 17

NL

Article

Oilprice published an article 9:30 AM

Renewable Energy Will Allow Communist Party Of China To Hold Onto Power

News about the US-China climate change deal was met with an equal measure of praise and doubt. Many observers cheered the fact that the world’s two largest economies had come together on an issue as important as climate change and vowed to take real, [more]

Sat Nov 15

NL

Article

Oilprice published an article 9:30 AM

Scientists Improve Efficiency Of Organic Solar Cells

Scientists in the United States and Hong Kong have not only discovered the key to improving the efficiency of organic solar cells, but they’ve done so in a way that makes them easy and inexpensive to produce on a commercial scale.

Thu Nov 13

NL

Article

Oilprice published an article 8:30 AM

Russia To Build As Many As Eight Nuclear Power Plants For Iran

Moscow and Tehran have signed two contracts under which Russia will build as many as eight nuclear power plants in Iran.

Wed Nov 12

NL

Article

Oilprice published an article 8:57 AM

Russia In Weak Position For New Gas Deal With China

In a continued shift towards the east, Russia has inked a second major natural gas deal with China. The latest deal, worth a bit less than the landmark $400 billion natural gas deal in May 2014, could see major volumes of natural gas flowing into [more]

Tue Nov 11

NL

Article

Oilprice published an article 8:37 AM

Russia, China Sign New Huge Gas Deal

Just as European nations are trying to wean themselves from an erratic supply of Russian natural gas, so Russia appears determined to reduce its reliance on European customers by signing a second enormous deal to supply gas to China.

Mon Nov 10

NL

Article

Oilprice published an article 4:53 PM

GOP Has Big Plans For Energy, But Are The Numbers Right?

In a clear understatement, particularly with regard to the direction of energy policy, President Obama remarked: “Obviously, Republicans had a good night.”

Fri Nov 7

NL

Article

Oilprice published an article 8:42 AM

Acceleration Record Set By Electric Car: 0 to 100km In Under 1.8 Seconds

When we think of electric cars, probably the first thing that comes to mind is the Chevrolet Volt, which is smooth running but needs frequent recharging. Plus it’s no speed demon. But there's more to the EV story.

Thu Nov 6

NL

Article

Oilprice published an article 6:18 PM

Saudi Cut In Oil Price For US May Lead To Price War

Saudi Arabia’s move to cut the cost of its oil to US customers has injected fear into the oil markets, bringing the price of OPEC crude below $80 and suggesting to some observers that the cartel is preparing for a global price war.

NL

Article

Oilprice published an article 6:14 PM

The Driving Force Behind the US Oil Boom

The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics.

Wed Nov 5

NL

Article

Oilprice published an article 3:54 PM

8 Countries With Nuclear Power Plants Most At Risk Of Tsunamis

The tsunami that destroyed a nuclear reactor at Fukushima, Japan, caused a major re-think of nuclear power. Oilprice.com took a look at the countries whose nuclear power plants would be most vulnerable to a tsunami.

Mon Nov 3

NL

Article

Oilprice published an article 8:57 AM

Ohio Governor Hoping to Amend “Outrageous” Drilling Tax

With U.S. midterm elections just days away, one Republican state governor is coasting to re-election despite promising to aggressively push for higher taxes on the oil and gas industry.

Fri Oct 31

NL

Article

Oilprice published an article 1:55 PM

OPEC Chief Warns Against Oil Price Panic

OPEC Secretary-General Abdalla Salem el-Badri says he doesn’t expect demand for the cartel’s oil or its production levels to change in the coming year, and he is urging member states not to be alarmed by oil’s current low prices.

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