Author: OilPrice

Can Mali Maintain Its Gold Mining Status?

Can Mali Maintain Its Gold Mining Status?

Mali’s gold exports are falling, and new discoveries aren’t enough to make up for the loss of its giant legacy mines, where production is already dead or winding down, and the fate of one of the biggest of them all—Sadiola—now […]

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The Next Big Offshore Boom Is About To Happen Here

Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other […]

Public_Domain_Photography / Pixabay

The $10 Trillion Resource North Korea Can’t Tap

North Korea may not have proved petroleum reserves, but it’s estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up to US$10 trillion. Of course, there are no official reports […]

How EIA Guestimates Keep Oil Prices Subdued

How EIA Guestimates Keep Oil Prices Subdued

The EIA has once again undercut its previous estimates for U.S. oil production, offering further evidence that the U.S. shale industry is not producing as much as everyone thinks. Also read: Q2/H1 Hedge Fund Letters – Letters, Conferences, Calls, And […]

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The Next Oil Price Spike May Cripple The Industry

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the one hand, there is the view that the price of oil will be “lower for longer“, or even “lower forever“, as the electrification […]

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Tech Guru Unveils New Battery To Challenge Lithium-Ion

The rise of electric vehicles and the quest to find solutions to energy storage for the renewables industry have created a breeding ground for tech experts to develop battery technologies. Last week, Sun Microsystems co-founder Bill Joy and the company […]

$1 Trillion of Oil Investments Lost Last year

$1 Trillion of Oil Investments Lost Last year

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for […]