• Higher Prices Set To Send U.S. Oil Stocks Soaring

    • Date: 26/04/18
    • Nick Cunningham, Oil Price

    The oil industry is set to see cash flow and profits balloon this year as oil prices rise. The U.S. shale industry is widely expected to become cash flow positive for the first time. For years, even when oil prices were high prior to the 2014 meltdown, shale companies took on debt and issued new […]

    Read more
  • Permian Basin Is Growing Into the Largest Oil Patch in the World

    • Date: 25/04/18
    • Bloomberg

    The Permian shale play is all about setting records. Now, the region may even become the world’s largest oil patch over the next decade. Output in the basin is forecast to reach 3.18 million barrels a day in May, according to the Energy Information Administration. That’s the highest since the agency began compiling records in 2007. By […]

    Read more
  • Germany’s Wind Energy Mess

    • Date: 25/04/18
    • P. Gosselin, No Tricks Zone

    As older turbines see subsidies expire, thousands are expected to be taken offline due to lack of profitability. Green nightmare: Wind park operators eye shipping thousands of tons of wind turbine litter to third world countries – and leaving their concrete rubbish in the ground. The Swiss national daily Baseler Zeitung here recently reported how Germany’s wind industry is facing […]

    Read more
  • Germany’s Green Energy Transition Is Losing Its Risk Buffer

    • Date: 24/04/18

    Renewable energy can no longer rely on the protection of conventional power plant, Germany’s electricity sector has warned. To avert a shortfall, the government must act immediately. Otherwise, Germany’s network stability is endangered. In the next four years, renewable energy will lose some of the capacity that has hitherto been used to secure weather-dependent green electricity supply. With […]

    Read more
  • US Shale Companies Strike Cash On Higher Crude Prices

    • Date: 23/04/18
    • Financial Times

    US shale oil companies have started to generate free cash thanks to the rise in crude prices, a landmark moment for an industry that has until now relied on an inflow of capital to support its growth. Leading shale oil producers were able to cover their capital spending on new wells from their operating cash […]

    Read more
  • OPEC’s Output Fell in March, While U.S. Shale Steamed Ahead

    • Date: 20/04/18
    • Christopher Alessi, The Wall Street Journal

    Surge in U.S. shale has eaten into OPEC’s total market share OPEC said Thursday its crude oil output fell last month amid compliance with the oil cartel’s agreement to cut production, even as the world’s total oil supply continued to rise on the back of burgeoning U.S. shale growth. In its closely watched monthly oil market […]

    Read more
  • Japan’s Solar Push Threatens Environment

    • Date: 19/04/18
    • The Guardian

    As the country rushes to cut carbon emissions by 26%, campaigners worry that forests and wildlife are being trampled The tens of thousands of solar panels resting on the surface of the Yamakura dam reservoir have finally begun to earn their keep. This floating solar farm in Chiba prefecture is the biggest of its kind […]

    Read more
  • Australia Aims To Replicate US Shale Revolution

    • Date: 18/04/18
    • Financial Times

    Australia’s Northern Territory has lifted a moratorium on fracking, the process of extracting gas from shale rock, to replicate the US shale revolution in a vast region with massive mineral resources. The decision on Tuesday was welcomed by the oil and gas industry, which is promising to invest billions of dollars in exploration and create […]

    Read more
Back to top More articles:


We use cookies to help give you the best experience on our website. By continuing without changing your cookie settings, we assume you agree to this. Please read our privacy policy to find out more.