Venezuela Announces $3.2 Billion In Oil Deals As Default Looms
In an effort to staunch…
Why Iraq’s Oil Production Has Reached It Limits
Iraq’s remarkable achievement in ramping…
Energy / Crude Oil
Inside OPEC: What Does Each Member Want?
The Organization of Petroleum Exporting Countries (OPEC) will be holding informal talks on the sidelines of the International Energy Forum in Algiers, which will run from Monday to Wednesday of…
Tax Troubles Threaten Russia’s Arctic Megaproject
Russia has launched the first commercial production at the country’s northernmost onshore Arctic Vostochno-Messoyakhskoy oilfield. The oilfield’s recoverable oil and gas condensate reserves are estimated to exceed 340…
Is The Next Shale Boom About To Unfold In Mexico?
Mexico could auction off shale acreage as soon as the second quarter of next year. Mexico’s energy secretary said last week at Rice University that the government could begin shale…
Venezuela Announces $3.2 Billion In Oil Deals As Default Looms
Venezuela, teetering on the brink of utter economic collapse, is rushing through a tender for billions of dollars of drilling contracts to boost oil production in the Orinoco Belt. Venezuela…
These Refiners Could See Some Healthy Returns
We’ve continued to try to find value in the energy space, by trading around and out of winners in the independent E+P’s and majors that have recently peaked – at…
The Start Of Something Big? Iran Changes Oil Contracts
It’s been an eventful week in oil. With reports from top producer Saudi Arabia showing record August production of 7.622 million barrels per day — weighing on market sentiment. And…
Big Oil’s Iraqi Disappointment
It all looked so promising: Saddam Hussein is overthrown, post-war Iraq needs help with getting back on its feet, and foreign oil companies are quick to respond. The Middle Eastern…
Is This The End Of The Road For Indonesian Oil?
The following three titles caught my eye during the past two weeks: “Oil, gas sector continues to look bleak”, “Indonesian oil, gas firms rely on foreign loans for exploration” and…
Why Iraq’s Oil Production Has Reached It Limits
Iraq has succeeded in ramping up oil production by more than 1 million barrels per day over the past two years, a remarkable achievement for a country that was torn…
Nigeria Sues Oil Majors Over $12.7 Billion In ‘Stolen Oil’
The last couple of years have been tough for international oil companies operating in Nigeria: depressed prices and a wave of militant attacks on infrastructure in the Niger Delta have…
