Oil / Finance

Cramer's lightning round: This energy stock's yield is a red flag

Mar 24 6:46pm Energy
Jim Cramer rattles off his take on caller favorite stocks, including this concerning energy stock.
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US crude settles at $47.97, falling 1.7% this week as glut concerns persist

Mar 24 2:32pm Energy
Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States.
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North Dakota oil spill 3 times larger than first estimated

Mar 24 12:28pm Energy
A December oil pipeline spill in western North Dakota might have been three times larger than first estimated.
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Saudis say oil exports to United States are dropping, but data say the drop won't last

Mar 24 11:39am Energy
An official says Saudi Arabia's U.S. oil exports are falling and will stay low, but other data suggest the drop is temporary.
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Climate change may be intensifying Chinas smog crisis

Mar 24 11:13am Energy
Smog has escalated pressure on Chinese leaders to shutter steel factories and coal-fired power plants, FT reports.
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Keystone XL pipeline finally gets green light, but further challenges could lie ahead

Mar 24 10:15am Energy
TransCanada on Friday said the U.S. Department of State has signed and issued a presidential permit to construct the Keystone XL Pipeline.
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Oil prices edge up as Saudis cut supplies to US, but global glut remains

Mar 24 9:43am Energy
Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States.
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Dramatic Shift in UK Government Outlook for Gas and Clean Energy

Mar 24 7:03am Resilience
The future UK electricity mix will have more renewables, batteries and interconnectors than expected, according to long-awaited new government projections. The shift in Department for Business, Energy and Industrial Strategy (BEIS) modelling, which includes a marked reduction in new gas capacity, parallels similar changes made by National Grid. The post Dramatic Shift in UK Government Outlook for Gas and Clean Energy appeared first on Resilience.
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Saudi in 'serious discussions' with NYSE for Aramco IPO listing

Mar 24 6:41am Energy
Saudi Arabia is having "serious discussions" with the New York Stock Exchange about having the NYSE as one of the exchanges for Aramco's IPO.
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When clean cargoes go dirty

Mar 24 2:01am The Barrel Blog
An eye-catching fixture was seen recently that gave a glimpse of the dirty side of clean tankers. The Medium Range tanker Iver Experience was reported to be on subjects to Lukoil to load a a 38,000 mt cargo of diesel oil on the US Gulf Coast and then head across the Atlantic. That doesn’t seem […] The post When clean cargoes go dirty appeared first on The Barrel Blog.
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LOE-down - Forecasting Lease Operating Expenses in the E&P Sector, Part 3

Mar 23 9:00pm RBN Energy - Accelerating energy market analytics through collaboration, networking and alliances
Despite OPEC’s production cuts, crude oil prices are still hovering just below $50/bbl, and there are certainly no guarantees that they won’t fall back to $40 or lower (at least for a while).
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Oil edges up as Saudis cut supplies to US, but global glut remains

Mar 23 8:57pm Energy
Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States.
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Commodities tomorrow: Crude closes in the red

Mar 23 4:00pm Energy
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
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Trump supporter: My husband is being deported Friday

Mar 23 3:34pm Energy News Headlines - Yahoo! News
As a popular Indiana restaurant owner faces deportation under President Trump’s immigration directives, his family becomes the latest in a series of Trump supporters to find campaign promises affecting their lives. According to a report from Indiana Public Radio, Roberto Beristain’s family said he’s expected to be deported on Friday and has already been moved from the detention facility in Wisconsin where they had been visiting him. Beristain is the owner of Eddie’s Steak Shed in Granger, Ind., which he purchased from his sister-in-law earlier this month after eight years of working at the restaurant.
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Oil could collapse into the $30s if OPEC doesn't keep its act together

Mar 23 3:24pm Energy
OPEC faces a serious price crash if it doesn't put the best face possible on its production deal and extend it when it meets in May.
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GOP Sen. Roberts: I deeply regret quip about insurance coverage for mammograms

Mar 23 3:11pm Energy News Headlines - Yahoo! News
Senate Agriculture Committee Chairman Pat Roberts, R-Kan., speaks at Secretary of Agriculture nominee Sonny Perdue’s confirmation hearing. Sen. Pat Roberts, R-Kan., expressed remorse Thursday for making a sarcastic comment implying that coverage for mammograms shouldn’t be a requirement for the GOP’s insurance plan. Mammograms are essential to women’s health & I never intended to indicate otherwise,” he tweeted.
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CNOOC, Korea Gas and JERA to cooperate, together dominating third of LNG market

Mar 23 3:07pm Energy
The three largest liquefied natural gas buyers worldwide signed an agreement to cooperate in "joint procurement."...
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Intel chair Nunes admits mishandling Trump wiretap claim

Mar 23 2:36pm Energy News Headlines - Yahoo! News
House intelligence committee chairman Rep. Devin Nunes, R-Calif., apologized to members of the panel today for his public claims about intelligence community surveillance of President Trump’s transition team amid charges from Democrats that his unilateral announcement on the White House lawn had “betrayed” the panel’s bipartisan investigation of Russian cyberattacks on the 2016 election. “At this point, the committee’s independence is on life support,” Rep. Eric Swalwell, D-Calif., told Yahoo News after a closed-door meeting of the committee Thursday. “Not since Sept. 11 has this committee been charged with such an important responsibility,” Swalwell added, referring to the panel’s Russia probe.
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Oil settles at $47.70, down 34 cents, as high US stockpiles pin prices near 4-month lows

Mar 23 2:34pm Energy
Oil prices were lower as the market remained under pressure from bloated U.S. crude stocks and rising output.
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Oil recovery trouble spot: Laid-off workers and hiring managers aren't on the same page

Mar 23 2:28pm Energy
Oil and gas professionals and hiring managers have different expectations for an industry recovery, a survey shows.
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London Mayor Sadiq Khan dismisses Trump Jr.s Twitter jab following attack

Mar 23 12:01pm Energy News Headlines - Yahoo! News
London Mayor Sadiq Khan declined to respond to an insult from U.S. President Trump’s son hours after a terrorist attack at the Houses of Parliament at the Palace of Westminster on Wednesday. “You have to be kidding me?!” Trump Jr. wrote. Trump Jr. mischaracterized Khan’s statements as if he had said that terrorism is an inevitable consequence of living in a big city and that nothing could be done.
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As Trump targets energy rules, oil companies downplay their impact

Mar 23 11:08am Energy
Industry experts say current regulations do not affect U.S. energy, as President Trump plans a rollback of laws.
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America is stronger: Obama defends Affordable Care Act ahead of GOP House vote

Mar 23 11:07am Energy News Headlines - Yahoo! News
President Barack Obama signs the Patient Protection and Affordable Care Act in the East Room of the White House in Washington seven years ago. Former President Barack Obama released a statement on the seventh anniversary of having signed the Affordable Care Act (ACA) into law — providing an impassioned defense of his landmark health care bill as it’s under fierce attack. The statement from the Office of Barack and Michelle Obama was sent out Thursday morning, ahead of an expected House Republicans vote on the American Health Care Act (AHCA), which would essentially repeal and replace the 2010 law commonly known as Obamacare.
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Oil prices hover above four-month lows, as bloated US stockpiles curb recovery

Mar 23 10:41am Energy
Oil prices were lower as the market remained under pressure from bloated U.S. crude stocks and rising output.
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Engineers develop solar powered 'skin' which could transform lives

Mar 23 9:30am Energy
Engineers have developed an innovative way of using the sun to power a "synthetic skin" used on prosthetic limbs.
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New York may be a long shot for the tremendous Saudi Aramco IPO

Mar 23 9:29am Energy
Political, regulatory and legal challenges may discourage Riyadh from pursuing a U.S. listing for Saudi Aramco.
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Oil prices bounce off November lows, but bloated US stockpiles curb recovery

Mar 23 8:49am Energy
Oil prices were little changed as the market remained under pressure from bloated U.S. crude stocks and rising output.
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Theres almost zero rationale for Arctic oil exploration, says Goldman Sachs

Mar 23 6:04am Energy
Drilling the Arctic for oil is unjustified given the changing oil order, says lead Goldman Sachs commodities specialist.
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Breaking down biomass, part one

Mar 23 5:21am Energy
Sustainable Energy takes a look at biomass and bioenergy.
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Breaking down biomass, part two

Mar 23 5:21am Energy
Sustainable Energy takes a look at biomass and bioenergy.
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Palm oil: Its uses and ways to limit its impact

Mar 23 5:17am Energy
Sustainable Energy takes a look at palm oil, the way we use it, and its impact on the environment.
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Why oil has rebounded

Mar 23 1:47am Energy
Alejandro Barbajosa at Argus Media says prospects of an extension in the OPEC output cut are supporting oil prices.
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Oil bounces off November lows, but bloated US stockpiles pressure market

Mar 22 9:11pm Energy
Oil prices on Thursday recovered from losses chalked up the session before.
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Very Particular Places to Go - E&Ps Expanding Stakes in the Hottest Plays: Winners & Losers

Mar 22 9:00pm RBN Energy - Accelerating energy market analytics through collaboration, networking and alliances
U.S. oil and natural gas exploration and production companies, anticipating continuing low crude oil and natural gas prices, have been reshaping their portfolios to focus on a half-dozen top-notch resource plays whose production economics can hold up even through the roughest of patches. The biggest of these asset purchases and sales grab the headlines, but countless other, smaller deals are having profound effects too. Taken together, this piranha-like devouring of E&P assets in the Permian Basin, SCOOP/STACK and other key production areas is transforming who owns what in the plays that matter most, and positioning a select group of E&Ps for success. Today we review highlights from “Piranha!” —a just-released market study from RBN.
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As Gorsuch is testifying, Supreme Court undermines his decision in school disabilities case

Mar 22 3:13pm Energy News Headlines - Yahoo! News
Senate Democrats seized on a Supreme Court ruling handed down Wednesday morning — less than an hour into the third day of the confirmation hearing for nominee Neil Gorsuch — to question the judgment of President Trump’s choice to fill the empty seat on the high court. The unanimous decision in Endrew F. v. Douglas County School District expanded the obligations of public-school districts to provide an adequate education to disabled students under the Individuals with Disabilities Education Act (IDEA). The opinion by Chief Justice John Roberts rejected a standard that Gorsuch had used to decide a similar case in 2008, Thompson School District v. Luke P.
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Oil settles at $48.04, down 20 cents, as US crude stockpiles swell

Mar 22 2:33pm Energy
Oil prices slid to almost four-month lows after data showed U.S. crude inventories rising faster than expected.
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Nunes Muddies Trump Probe With Abrupt Claim

Mar 22 2:25pm Energy News Headlines - Yahoo! News
Rachel Maddow explains a confusing pair of press conferences by House Intelligence Committee Chair Devin Nunes, in which Nunes asserted some new evidence in the investigation into whether the Donald Trump campaign coordinated with Russia in the election.
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Exxon ordered to turn over documents in climate change probe, work with NYAG on Tillerson emails

Mar 22 1:41pm Energy
A judge ordered Exxon to turn over documents related to a probe into if the company misled investors on climate change.
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Trump administration may have halted another energy anti-corruption effort

Mar 22 1:06pm Energy
The U.S. appears to be backing away from another global effort to reduce corruption connected to drilling and mining.
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Biden rallies Democrats against GOP health care bill

Mar 22 1:02pm Energy News Headlines - Yahoo! News
Former Vice President Joe Biden rallied Democrats Wednesday against the Republican attempt to pass a health care bill that would replace former President Barack Obama’s signature legislative accomplishment. Biden had been keeping a relatively low public profile since Trump’s January inauguration. “This is not going to pass,” Biden said on the steps of the Capitol, standing in front of a large group of House Democrats.
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Oil prices drop to lowest level since November as US crude stockpiles swell

Mar 22 12:55pm Energy
Oil prices slid to almost four-month lows after data showed U.S. crude inventories rising faster than expected.
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London attack: 5 dead, 40 injured in terrorist incident on Westminster Bridge

Mar 22 12:48pm Energy News Headlines - Yahoo! News
Five people were killed and 40 others injured after an attacker plowed a car into a crowd of people on Westminster Bridge in London on Wednesday afternoon in what U.K. officials are investigating as an act of terrorism. British police are treating the incident as terrorism. London Mayor Sadiq Khan released a video statement condemning the attack.
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WSJ: Trump clings to wiretap claim like a drunk to an empty gin bottle, damaging his credibility

Mar 22 11:30am Energy News Headlines - Yahoo! News
“If President Trump announces that North Korea launched a missile that landed within 100 miles of Hawaii, would most Americans believe him?” the WSJ wrote.
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The global coal boom may finally be winding down

Mar 22 11:25am Energy
There may be hope for the climate after all, Vox reports.
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US crude inventories rise by 5 million barrels, EIA says

Mar 22 10:30am Energy
Oil prices dipped as rising crude stocks in the United States underscored an ongoing global fuel supply overhang.
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Pelosi on health care fight: Next 48 hours will be all hands on deck

Mar 22 9:45am Energy News Headlines - Yahoo! News
House Minority Leader Nancy Pelosi, D-Calif., was asked by CNN’s Anderson Cooper on Tuesday whom she considers the current leader of the Democratic Party. “Well, President Obama was the president of the United States until a matter of weeks ago.
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Trump on the health care vote: I hope that its going to all work out

Mar 22 9:32am Energy News Headlines - Yahoo! News
President Trump drummed up support for the GOP health care bill and expressed optimism it will pass a House floor vote in a Tuesday night speech before an audience of Republican members of Congress, donors and loyalists. Among other things, Trump predicted “great surprises” and said he hopes “it’s going to all work out” when he discussed the Obamacare repeal bill, which has faced opposition from the Republican Party’s conservative and moderate wings. Trump and House Speaker Paul Ryan face a major test on Thursday, when the House is set to vote on the legislation embraced by the party leadership.
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Will they or wont they? Heres what to watch as oil producers consider their options

Mar 22 9:07am Energy
As oil prices languish at a three-month low, traders are asking if producers will extend their agreement to cut output.
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Oil prices hit lowest since Nov on expanding US inventories

Mar 22 9:06am Energy
Oil prices dipped as rising crude stocks in the United States underscored an ongoing global fuel supply overhang.
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Follow live: Gorsuch Supreme Court confirmation hearings

Mar 22 8:37am Energy News Headlines - Yahoo! News
Confirmation hearings for Neil Gorsuch, President Trump’s nominee for the Supreme Court, continue Wednesday, with members of the Senate Judiciary Committee questioning the federal judge from Colorado for the second straight day. Yahoo News Senior National Affairs Reporter Liz Goodwin is in Washington, D.C., covering the hearings on Capitol Hill. Follow her instant analysis in the liveblog below.
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Bank of America call: Buy energy stocks

Mar 22 7:50am Energy
That was the market call out Monday from Bank of America Merrill Lynch equity strategist Savita Subramanian.
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Oil prices hit three-month low on expanding US inventories

Mar 22 7:42am Energy
Oil prices dipped as rising crude stocks in the United States underscored an ongoing global fuel supply overhang.
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Heat Storage Hypocausts: Air Heating in the Middle Ages

Mar 22 5:49am Resilience
Hypocausts were heating systems that distributed the heat from an underground fire throughout a space beneath the floor. The heat was absorbed by the floor and then radiated into the room above. The effect on thermal comfort must have been similar to that of a modern-day hot water or electricity-based radiant floor heating system. The post Heat Storage Hypocausts: Air Heating in the Middle Ages appeared first on Resilience.
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Brent slides to near $50 a barrel, lowest since November 30, after data show rise in US inventories

Mar 22 5:44am Energy
Oil prices dipped as rising crude stocks in the United States underscored an ongoing global fuel supply overhang.
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Breaking down biomass and bioenergy: An explainer

Mar 22 2:19am Energy
Sustainable Energy breaks down biomass, looking at its uses, its potential and how it can help the planet.
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The Middle East and LNG: An import boom set to keep growing

Mar 22 2:01am The Barrel Blog
The Middle East has undergone a dramatic transformation in regards to its relationship with LNG. Once known for its largescale exports from Qatar, the region has grown into a recognized demand center. In 2014, the region’s three importers (Kuwait, Israel and the UAE) received 6.1 Bcf of gas equivalent; in 2016, imports into the region […] The post The Middle East and LNG: An import boom set to keep growing appeared first on The Barrel Blog.
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Saving energy with data

Mar 22 1:03am Energy
David McLauchlan, CEO of Buddy Platform, talks about how the Buddy Ohm device monitors energy usage in buildings so users can conserve it.
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