Energy Industry News
Home | Energy News | Submit Press Release | About Us


Free Utility & Energy Magazines
Press release distribution service

Energy Media
AltEnergyMag
Clean Energy Report
Colorado Energy News
Energy: MIT Tecnology Review
Energy Business Review
Energy Cities
EUROPA
Fuel Fix
Financial Times
Interfax Energy
Green Energy Times
News York Times
NBC News
NPR
Oil & Gas Investor
Oil Price
Platt
PennEnergy
Reuters
RechargeNews
Resilience
Science Daily
Renewable Energy World
Renewable Energy Transportation
The Daily Energy Report
The Energy Daily

Oil Price News Headlines

OilPrice.com Daily News Update
All the latest in Oil, Gas, Commodity news and analysis

Forget The Hype, Aramco Shares May be Valued At Zero Next Year
by Simon Watkins
8 Dec 2019 at 4:00pm
This week will see the onset of full trading activity in the shares of Saudi Arabia?s flagship oil company, Aramco. Through a combination of wooing local retail investors via preferential loans, threatening wealthy Saudis with the sort of treatment they had during their imprisonment in the Ritz Carlton in 2017, and inveigling the two principal credit ratings agencies to toe the exact Saudi line on the ?lack of significance? of the ?Houthi? attacks on Abqaiq and Khurais, the Saudis have finally been able to sell off?

The Danger Of Deeper OPEC+ Cuts
by Nick Cunningham
8 Dec 2019 at 2:00pm
OPEC+ agreed to cut production by 500,000 bpd, sending oil prices higher on Friday. During mid-day trading, WTI was just shy of $60 per barrel, and Brent moved closer to $65. In total, the 1.2 million-barrel-per-day (mb/d) cuts from OPEC will rise to 1.7 mb/d. Those details had been reported on Thursday. But when OPEC+ made it official on Friday, Saudi Arabia also assured the market that it would continue with its voluntary cuts beyond what is required. With the Saudi cuts, the total contributions rise to 2.1 mb/d of reductions. The deal takes?

The Best And Worst Oil Majors Of 2019
by Irina Slav
8 Dec 2019 at 12:00pm
As oil traders eagerly await OPEC?s final verdict on the production cuts, and as Riyadh puts the final touches on the Aramco IPO, some of the largest players in oil and gas are about to wrap up one of their best years. Others, as it happens, could have done better. Here are the top and the bottom companies in oil and gas this year based on share price performance: Top Performers Hess Corp and the Guyana Windfall Hess? shares surged by more than 50 percent in just the first eight months of 2019 and then continued up. This?

The Best Way To Invest In The Energy Sector In 2020
by Alex Kimani
8 Dec 2019 at 10:00am
A record number of energy companies filing for bankruptcy coupled with poor performance by the industry in 2019 has made it incredibly hard to find investments in the energy space that can be considered safe or promising. The industry?s favorite benchmark, the Energy Select Sector SPDR Fund (XLE), which tracks the price and yield performance of companies in the energy sector, has returned just 2.7% compared to the 24.2% produced by the S&P 500 year-to-date, easily one of the biggest laggards in the entire market. Faced with this worrying?

How OPEC Plans To Keep Rogue Oil Producers In Check
by Julianne Geiger
8 Dec 2019 at 8:00am
OPEC?s "whatever it takes" strategy has so far meant that Saudi Arabia would make additional production cuts where non-complying members failed. Some members are banking on OPEC employing that strategy again, and are using it as negotiating leverage. This time around, though, the Saudis might not play big brother to their OPEC brethren. The new threat is that compliance will have to be real this time around--from all members--or the cuts won't happen at all. How successful OPEC will be in getting its noncompliant members to step?

The Fastest Growing Energy Sectors Of 2019
by Anes Alic
7 Dec 2019 at 4:00pm
Whether you?re bullish or bearish on oil and gas or renewables, when it comes to 2019 growth, there were clear winners and losers, and oil isn?t among the former ... Over the past three years, the world has recorded relatively high growth for carbon-centric energy sources as well as a marked acceleration in renewable energy developments. According to the International Energy Agency (IEA), renewables spending continues to exceed fossil fuel-based power, with India emerging as the world?s fastest growing energy market. The?

BP Under Fire For ?Misleading? Advertisements
by OilPrice.com
7 Dec 2019 at 2:00pm
Yesterday the non-profit group lodged an official complaint under international guidelines regarding the campaign, which is BP?s first in 10 years. The group is backing up the complaint with demands that all fossil fuel advertising should be banned unless it comes with a ?tobacco-style? warning about the dangers to planet and people. The complaint centers around the fact that the campaigns focus on BP?s renewable energy investments, which represent a small proportion of BP?s business, thus taking focus away from the?

The Gas-For-Gold Scheme That Slipped Through U.S. Sanctions
by OilPrice.com
7 Dec 2019 at 12:00pm
We first started noticing major 'odd' exports of gold from Turkey to Iran in May 2012.Turkey?s trade balance fluctuated wildly as gold stocks flowed out of the country in bursts. ?Turkey?s going to continue it,? the Turkish economy minister said. ?If those casting aspersions on the gold trade are searching for immorality, they should take a look in the mirror.? Then,in 2014, we discussed Turkey's "200 tons of secret gold" trade with Iran detailing how a complex network that spanned Turkey,?

The World?s 10 Biggest Polluters
by Robert Rapier
7 Dec 2019 at 10:00am
About 200 countries are presently convened for the United Nations Climate Change Conference COP 25 in Madrid. The Conference of the Parties to the UN Convention on Climate Change (COP) is tasked with making sure the agreements under the Paris Climate Accord are met. Under that 2015 agreement, more than 2oo countries agreed to take steps to keep global warming to below 2 degrees Celsius from pre-industrial levels and, to less than 1.5 degrees above if possible. President Donald Trump announced in 2017 that the U.S. would cease participation in the?

This Australian Billionaire Just Saved A Solar Farm
by OilPrice.com
7 Dec 2019 at 8:00am
Australian mining billionaire and philanthropist Andrew ?Twiggy? Forrest is said to have come to the rescue of a massive and troubled solar farm in Western Australia?s Wheatbelt,by agreeing to invest in the A$130 million ($88m) project. Sydney-based Sun Brilliance has been working on a 100-megawatt solar farm at Cunderdin, about two hours east of Perth, since 2016. The company, however, has struggled to secure financing and faced snags connecting to the grid since it first proposed the project in 2016,Australian Broadcasting?

Iran: We Won?t Agree To Any Production Cuts In The Future
by Tsvetana Paraskova
6 Dec 2019 at 3:00pm
Before OPEC members sat down to wrangle about production quotas and compliance on Thursday, the oil minister of Iran?exempted from the ongoing cuts because of the U.S. sanctions crippling its production and economy?said that the Islamic Republic would not agree to any cuts in the future, once the sanctions are removed. ?Speaking on behalf of the Iranian nation, I would say this is the right of our people and nation and I would not agree with cutting even a barrel of oil for illogical reasons,? Iran?s Oil Minister Bijan?

Why The OPEC+ Pledge Is More Bullish Than It Seems
by Julianne Geiger
6 Dec 2019 at 2:30pm
?Saudi Surprise? Shocks Oil Market As OPEC+ Pulls it Together Saudi Surprise is Surprisingly Surprising Looks Like Christmas Came Early for the Oil Bulls Saudi Arabia Was Willing To Agree On Even Deeper Output CutsSaudis Were Happy To Cut Even More Oil ProductionOPEC Meeting: Saudis Were Happy To Cut Even MoreSaudi Arabia Voluntarily Pledges Even Deeper CutsOil Rises As Saudis Pledge Even Deeper Output Cuts Description:Tags:Ticker: Saudi Arabia shocked the oil market on Friday, with its energy minister Prince Abdulaziz?

Asian Refiners Start To Profit From Cleaner Shipping Fuel Demand
by Tsvetana Paraskova
6 Dec 2019 at 1:30pm
Weeks before new worldwide rules on cleaner fuels for ships enter into force, refiners in Asia finally began to see refining margins for those cleaner marine fuels rising, albeit later than what was expected at the start of this year. According to refiners and traders in Asia who spoke to Reuters, shipping companies?who had been slow to purchase very-low sulfur fuel oil (VLSFO) and marine gasoil earlier this year?have started this month to buy more of those cleaner fuels, creating the demand refiners had expected and driving refining?

Report Finds Oil Industry Influences School Programs In Canada
by Tsvetana Paraskova
6 Dec 2019 at 12:30pm
The oil industry influences how climate change and environmental issues are taught at schools in Canada?s province of Saskatchewan, as it has a significant social power over the classrooms, a new report has found. The authors of the report are Simon Enoch, Director of the Saskatchewan Office of the Canadian Centre for Policy Alternatives, and Emily Eaton, an Associate Professor in the Department of Geography and Environmental Studies at the University of Regina and a co-investigator with the Corporate Mapping Project. Enoch and Eaton?

Oil Jumps On ??Saudi Surprise??
by Tom Kool
6 Dec 2019 at 12:00pm
Oil prices rose on Friday morning, fueled by optimism about the new OPEC+ deal and the Saudi promise to, once again, overcomply with their production quota Friday December 6th, 2019 Oil jumped because of news from Vienna. OPEC+ agreed to cut 500,000 bpd more than the current arrangement, a figure that initially raised questions on Thursday. However, on Friday, Saudi officials said they would maintain their unilateral cuts beyond what is required in order to defend oil prices. The markets responded with a bounce. OPEC+ agrees to cut by another?

Renewable Energy News




Press release service Free Utility & Energy Magazines
Press release distribution service
:: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.

Copyright 2008 GroupWeb Media LLC
GroupWeb Media Network

Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
| i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
EnergyIndustry.Net is a Energy news service of GroupWeb Media LLC