Home » Posts tagged 'oilprice.com' (Page 49)
Tag Archives: oilprice.com
Worse Than Fossil Fuels? Why Bioenergy Is Not Green
Worse Than Fossil Fuels? Why Bioenergy Is Not Green An Interview with Princeton Research Scholar Tim Searchinger Bioenergy’s role in the global economy is growing as governments promote renewable biofuels and biomass electricity to replace fossil fuels. But in recent years, mounting scientific evidence has shown that bioenergy is not, in fact, carbon-neutral: hidden emissions […]
A New Era For Canadian Oil And Gas, For Better Or Worse
A New Era For Canadian Oil And Gas, For Better Or Worse Canadian voters kicked out the conservative government in the October 19 election, a party that had been in power for a decade. Polls had predicted a slight lead for the Liberal Party, but in a surprise result, the Liberals actually won a majority of […]
Oil Market Showdown: Can Russia Outlast The Saudis?
Oil Market Showdown: Can Russia Outlast The Saudis? “Two men enter, one man leaves, two men enter, one man leaves, two men enter…” Mad Max: Beyond Thunderdome November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward […]
Is The Oil And Gas Fire Sale About To Start?
Is The Oil And Gas Fire Sale About To Start? Much has been written about the mounting pile of debt for U.S. oil companies (not to mention the well-known Brazilian oil giant). Not that long ago, many oil and gas companies secured at least a part of their revenue by hedging contracts. Bloomberg already reported in June that many of […]
Can The Oil Industry Really Handle This Much Debt?
Can The Oil Industry Really Handle This Much Debt? As the crude industry has been wrestling with low oil prices that declined by over 50 percent since its highest close at $107 a barrel in 2014, many exploration and production companies worldwide and in the U.S., in particular, have faced large shortfalls in revenue and […]
Macroeconomic Instability For Emerging Markets Thanks To Commodity Bust
Macroeconomic Instability For Emerging Markets Thanks To Commodity Bust The bust in commodity prices is sending ripples through the world of emerging markets. Countries depending on resource extraction and exports of commodities have run into a brick wall this year the prices collapsed for all sorts of materials – oil, gas, coal, gold, copper, and […]
With a Collapse in Commodity Prices, What Happens Next?
With a Collapse in Commodity Prices, What Happens Next? This has to be a scary time for virtually all commodities investors, whether one is talking about investing in commodities directly or in commodities companies. From oil to aluminum, nearly all commodities are not just trading near multi-year lows, but multi-decade lows. Bloomberg recently noted that commodities are […]
Is The U.S. About To Break One Of Its Own Nuclear Treaties?
Is The U.S. About To Break One Of Its Own Nuclear Treaties? Bill Richardson could teach Donald Trump something about the art of the deal. He has done a lot of them. Richardson also wrote a book about the art of the deal, the big deal, entitled “How to Sweet-Talk a Shark; Strategies and Stories […]
With Shell’s Failure, U.S. Arctic Drilling Is Dead
With Shell’s Failure, U.S. Arctic Drilling Is Dead Arctic Drilling in the U.S. is dead. After more than eight years of planning and drilling, costing more than $7 billion, Royal Dutch Shell announced that it is shutting down its plans to drill for oil in the Arctic. The bombshell announcement dooms any chance of offshore oil development […]
Germany Now Faced With Thousands Of Aging Wind Farms
Germany Now Faced With Thousands Of Aging Wind Farms Germany has long been a pioneer in the field of renewable energy, generating a record 78 percent of its power consumption from renewables in July of this year. In fact, Germany is one of the very few countries in the world that is actually struggling with too […]
Oil Majors Sacrifice Production To Protect Dividends
Oil Majors Sacrifice Production To Protect Dividends The French oil company Total released a downward revision to its production forecast, lowering its target from 2.8 million barrels per day (mb/d) in 2017, to 2.6 mb/d, a sign that low oil prices continue to cut into long-term oil production for even the largest companies. Total’s CEO said part […]
Canadian Oil Trapped Without More Pipeline Capacity
Canadian Oil Trapped Without More Pipeline Capacity Adding insult to injury for Canada’s oil industry, Democratic Presidential candidate Hillary Clinton came out against the Keystone XL Pipeline on September 22, ending several years of silence and waffling on the controversial issue. That comes as a blow to TransCanada, the project’s backer, who wanted to connect Canada’s oil […]
There Are 800 Fossil Fuel Subsidies Around The World
There Are 800 Fossil Fuel Subsidies Around The World There are 800 different programs around the world that subsidize fossil fuels, according to a new report from the OECD. The OECD released the report ahead of the international climate change negotiations set to take place in Paris in December, where the world has a “moral imperative to […]
Oil Companies Running Out Of Options
Oil Companies Running Out Of Options The financial pressure on indebted oil and gas companies continues to mount, putting them in a bind as they try to mend their deteriorating balance sheets. As their debt rises, drillers have had to divert more of their operating cash flow to servicing that debt. Or, put another way, […]
