The Uncertain Fate Of U.S. Shale In 2020

There is quite a bit of disagreement over how much U.S. shale will grow next year, and a lot hinges on the magnitude of the slowdown. The three main energy forecasters – the EIA, IEA and OPEC – have all largely stuck with the conventional wisdom that U.S. shale will more or less continue to grow at a ...

Source: Oilprice.com

Birchcliff Energy Ltd. Announces Solid Q3 2019 Results and Preliminary Outlook for 2020

Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its financial and operational results for the three and nine months ended September 30, 2019 and its preliminary outlook for 2020. Birchcliff’s unaudited interim condensed financial statements for the three and nine months ended September 30, 2019 and related management’s discussion and [Read more]

Source: BOE Report

Lithium Under Fire As EV Sales Slump

Electric car pioneer Tesla is already producing units on a trial basis at its giant Shanghai gigafactory despite only breaking ground this year, but thanks to changes to the Chinese EV subsidy program, demand for locally-made Teslas may fall short of expectations. On Monday, China’s automobile manufacturing industry body said fewer new energy vehicles, or NEVs as they are termed ...

Source: Oilprice.com

Oil Prices Fall On Bearish EIA Inventory Report

Crude oil price dipped today after the Energy Information Administration reported a crude oil inventory increase for the week to November 8. At 2.2 million barrels, the increase extended a string of seven weekly inventory builds over the last eight weeks that added a total of more than 40 million barrels of oil to U.S. commercial inventories of ...

Source: Oilprice.com

Column: Sorting wheat from chaff: Learning about electric vehicle progress from the media is like learning about a deal-of-the-century from a used car dealer

Ah, Saturday mornings. Nothing quite like them. First, take the poop machine for a walk in the fresh morning air, then back in for coffee and a multi-decade staple – US automotive show Motorweek. The show remains worth watching because it keeps up with the times, more or less (the host’s two-extra-yards-of–fabric suits have not), [Read more]

Source: BOE Report