RSS

IEA

Oil prices steadied on Thursday after sharp losses the previous session as the International Energy Agency (IEA) said the world’s oil supply cushion “might be stretched to the limit” due to production losses. more

Refining/Petrochemical

180626Gas2018.jpg

Shutterstock

Strong demand growth from China, greater industrial demand, and rising supplies from the United States, will transform global natural gas markets over the next five years according to the International Energy Agency’s latest market forecast. more

Refining/Petrochemical

The technology group Wärtsilä introduces a new hybrid solar PV and storage solution. Integrating solar PV generation and storage to deliver a true “renewables as baseload” solution that is not only climate-friendly, increases resilience... more

Power Generation

'Resurgent' U.S. petrochemicals industry to help boost global oil demand more

Drilling & Exploration

Oil prices are likely to rise this year thanks to supply disruptions and an OPEC-led deal to limit production, but doubts over the future of compliance with the multilateral agreement and rising U.S. production could stem the upward momentum... more

Refining/Petrochemical

Fossil fuels accounted for over 70% of the growth in world energy demand last year more

Refining/Petrochemical

IEA's executive director, Dr. Fatih Birol, testified before the United States Senate about the agency's global market outlook. Birol outlined four large-scale shifts in the global energy system that will set the scene for the coming decades. more

Natural Gas

John Hess, Chief Executive Officer of the Hess Corporation, believes the “real impact” of a three-year bear market and low oil prices of $40 to $50 per barrel, is reflected by worldwide oil and gas investment that is insufficient to meet demand growt more

Refining/Petrochemical

According to Fatih Birol, Executive Director of the International Energy Agency (IEA), the United States is positioned to “put its stamp” on global oil markets for the next five years. more

Drilling & Exploration

Strong global demand for oil and gas will shift in the next five years toward petrochemicals and away from motor fuels gasoline and diesel, the International Energy Agency (IEA) said. more

Refining/Petrochemical

U.S. shale oil output is set to surge over the next five years, stealing market share from OPEC producers and moving the United States, once the world’s top oil importer... more

Drilling & Exploration

OPEC will hold a dinner on Monday in Houston with U.S. shale firms, two industry sources said, the latest sign of the producer group widening talks about how best to tame a global oil glut. more

Refining/Petrochemical

The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said, as the country’s shale oil boom continues to upend global markets more

Refining/Petrochemical

Oil edged lower on Tuesday ahead of weekly data that is forecast to show a rise in U.S. crude inventories, although investor faith in OPEC’s ability to curtail production helped stem a larger price slide. more

Refining/Petrochemical

IEA marks historic day in global energy governance with first member country in Latin America more

Drilling & Exploration

The rise in global oil production, led by the United States, is likely to outpace growth in demand this year. more

Drilling & Exploration

S&P Global Ratings' latest report highlights the impact smart meters may have on the American grid, NEI has reiterated its support for the goals of Energy Secretary Rick Perry's proposal..., DOE has collaborated with industry in carbon capture... more

Power Generation

Oil prices slid on Friday, putting them on course for the biggest weekly falls since October, as a bounce-back in U.S. production outweighed ongoing declines in crude inventories. more

Drilling & Exploration

Oil prices came under pressure on Thursday after the International Energy Agency (IEA) increased its forecast for growth in U.S. oil output next year, raising the prospect of excess supply. more

Drilling & Exploration

U.S. Shale Production

by Travis Hartman | REUTERS GRAPHICS

Financiers keep pouring cash into the shale oil sector, providing producers with a path to keep U.S. output rising through the middle of the next decade. more

Drilling & Exploration

Industry Report Subscription