• 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 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 2 days Ocean Heat Could Supply Endless Clean Energy
  • 2 days If hydrogen is the answer, you're asking the wrong question
Can The West Catch Up To China In The Clean Energy Race?

Can The West Catch Up To China In The Clean Energy Race?

Despite increased Western investment in…

Can Solid-State Batteries Solve The EV Revolution’s Biggest Problem?

Can Solid-State Batteries Solve The EV Revolution’s Biggest Problem?

Solid-state batteries may significantly boost…

Energy

U.S. Oil Rigs Continue To Fall

Nov 10, 2023 at 12:20 | Julianne Geiger

The total number of active drilling rigs in the United States fell by 2 this week after falling by 7 last week, according to new data that Baker…

Plug Power Crashes After 'Going Concern' Warning

Nov 10, 2023 at 09:52 | ZeroHedge

Shares of Plug Power, a company specializing in hydrogen and fuel-cell energy, plummeted by 30% in premarket trading in New York. This steep decline followed the company's…

Commodity Giants Are Back To Trading Venezuela’s Oil

Nov 10, 2023 at 09:40 | Tsvetana Paraskova

Weeks after the U.S. eased the sanctions on Venezuela, essentially allowing exports of Venezuelan crude, commodity trading giants are back in the business of trading with oil from the country…

Watchdog Has Grim Winter Warning: There May Be Blackouts

Nov 10, 2023 at 08:45 | Irina Slav

As much as two-thirds of the United States could experience blackouts in peak winter weather this and next year, the North American Reliability Corp has warned. These warnings…

Oil Prices Under Pressure But Sentiment Could Soon Shift

Nov 10, 2023 at 07:55 | Michael Kern

Oil prices continued to tumble this week as demand concerns and inventory build-ups added to bearish sentiment, but with an OPEC+ meeting at the end of the month and the…

Maine Voters Reject State Takeover Of Private Utilities Companies

Nov 10, 2023 at 07:05 | Leonard Hyman & William Tilles

Maine voters yesterday overwhelmingly rejected a ballot measure, Question 3, proposing a state takeover of its two investor-owned utilities, Central Maine Power and Versant. Public power advocates proposed a new…

U.S. Space Force Partners With Elon Musk To Launch Mysterious X-37B Space Plane

Nov 10, 2023 at 06:55 | ZeroHedge

The US Space Force's Boeing X-37B unmanned, reusable space plane will be launched via a SpaceX Falcon Heavy rocket from Kennedy Space Center, Florida, for the first time…

Concerns Mount Over China's Crude Oil Demand

Nov 10, 2023 at 05:36 | Editorial Dept

1. Can We Get a Little Contango Now?- China’s swelling oil inventories and weakening crude…

What Will It Take For Oil Prices To Stop Falling?

Nov 10, 2023 at 04:14 | Editorial Dept

Crude Oil Market Overview The current state of the crude oil market is marked by a downward trend, with both the international benchmark Brent crude and the U.S. benchmark WTI…

The Israel-Hamas War Remains Contained... For Now

Nov 10, 2023 at 04:12 | Editorial Dept

Politics, Geopolitics & Conflict The frontier between Lebanon and Israel has become an intense second front in the Hamas-Israel conflict, which threatens to intensify though Lebanon’s Hezbollah leader Nasrallah avoided…

Have Oil Traders Misread Saudi Arabia's Production Cut Commitment?

Nov 10, 2023 at 04:08 | Editorial Dept

I have said it many times before in these pages and will no doubt say it many times in the future too, but it is often the case that a…

Kurdistan's Oil Industry Standoff Intensifies

Nov 10, 2023 at 04:06 | Editorial Dept

Some 450,000 barrels per day of oil exports from the Kurdistan Region of northern Iraq remain shut in amid an intractable dispute over who should control the region’s…

Expanded BRICS Unlikely To Challenge The Petrodollar Soon

Nov 09, 2023 at 14:22 | Tsvetana Paraskova

The de-dollarization is underway, some analysts said after the BRICS group of major emerging economies invited earlier this year several other countries to join, including some of the biggest oil…

Saudi Arabia’s Energy Minister Blames Speculators For Oil Price Plunge

Nov 09, 2023 at 08:52 | Julianne Geiger

Oil demand is robust—it’s oil speculators that are behind the most recent drop in global crude oil prices, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman has said.…

How Abandoned Oil Rigs Could Help Fight Climate Change

Nov 09, 2023 at 08:50 | Haley Zaremba

The world’s oceans are home to tens of thousands of abandoned offshore oil rigs. There are more than 32,000 in United States waters alone, and the…

Groundbreaking Research Promises Greener Rare Earth Element Purification

Nov 09, 2023 at 08:47 | Brian Westenhaus

Cornell University scientists have characterized the genome of a metal-loving bacteria with an affinity for rare earth elements. The research paves the way towards replacing…

Oil Demand In Doubt As Saudis Extend Production Cuts

Nov 08, 2023 at 17:02 | Irina Slav

Last weekend, Saudi Arabia said it would extend its voluntary production cuts of 1 million barrels daily of crude until the end of the year. At the same time, the…

All Eyes On India, Not China, For Future Oil Demand

Nov 08, 2023 at 14:38 | Alex Kimani

For decades, China has been the leading driver of global oil demand growth thanks to an economy that maintained a blistering growth clip for a long stretch. China’s economy managed…

U.S. Crude Oil Exports Are Soaring To Record Highs

Nov 08, 2023 at 13:02 | Tsvetana Paraskova

U.S. crude oil exports continue to reshape the global market as America is pumping record volumes of oil and shipping record volumes of it overseas while the OPEC+ group withholds…

Beyond EVs: Dual-Ion Battery Tech Takes A Leap

Nov 08, 2023 at 09:13 | Brian Westenhaus

Due to lithium ion’s challenges, some research focus has shifted to an intriguing alternative known as dual-ion batteries (DIBs). The challenge comes from…

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