October 31, 2018

Petrobras Puts Brakes On Chevron Drilling Plan

Brazil’s state energy giant Petrobras has decided not to go through with a drilling plan at a field operated by Chevron, effectively ruining the supermajor’s plans […]
October 31, 2018

Rallying Oil Prices Send Eurozone Inflation To Six-Year High

Rising oil and energy prices sent the inflation in the euro zone to the highest in nearly six years in October, a flash estimate from Eurostat, […]
October 31, 2018

Oilfield Service Companies May Struggle To Pay Debt

The oilfield service sector has been on the path of recovery from the 2014 industry downturn, but just when the industry says things are starting to […]
October 30, 2018

China Says Researchers Find Lower-Cost Way To Make Solar Cells

Chinese researchers have developed a new technique that could boost the efficiency and reduce the costs of making solar cells, China’s Xinhua news agency reported on […]
October 30, 2018

Brazilian Markets Cheer New Far-Right President Bolsonaro

Right-wing candidate Jair Bolsonaro won the presidential run-off election in Brazil in an expected win over the leftist candidate on Sunday, due to the dissatisfaction of […]
October 30, 2018

Iran’s Worst Nightmare Is Coming True

In what must seem like a nightmare scenario for Iran, not only is another U.S. president leveling sanctions against its economy, and particularly that economy’s lifeblood, […]
October 30, 2018

Big Oil Won’t Spend Despite Fat Profits

Higher oil prices are expected to leave the oil industry flush with cash, but the “capital discipline” mantra remains. Market watchers have wondered whether top oil […]
October 30, 2018

EU Struggles To Create Iran Oil Trade Payment Vehicle

Although the European Union (EU) has vowed to create a special purpose vehicle to continue trade with Iran after the U.S. sanctions on Tehran’s oil return […]
October 30, 2018

Large Shareholder Ready Invest More Money Into Tesla

Scottish fund manager Baillie Gifford—one of Tesla’s largest shareholders with a 7.72-percent stake—is willing to back Elon Musk should he need additional capital, despite the many […]