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Breaking News:

EIA Report Sees Brent Break $50

API Claims A 3.9 Million Barrel Draw

API Claims A 3.9 Million Barrel Draw

The latest report by the…

Russia-German Pipeline May Break Europe’s Energy Union

Russia-German Pipeline May Break Europe’s Energy Union

Incongruities between Eastern and Western…

Energy / Energy-General

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OPEC Needs 650,000 bpd To Avoid Global Supply Deficit

Jun 29, 2016 at 15:47 | Nick Cunningham

Oil prices rose again on Wednesday, as fears over the fallout from the Brexit continued to abate. But some potential supply outages also added positive momentum to crude…

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World’s Helium Problem May Have Just Gotten Solved

Jun 29, 2016 at 15:40 | Irina Slav

There’s a global helium shortage. It’s not among the widely publicized problems of the world, but there is undoubtedly a helium deficit – the noble gas that most…

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Railroads A Safe Bet Even As Oil And Coal Shipments Down

Jun 29, 2016 at 15:31 | Michael McDonald

Everyone knows it has been a rough few years to be an oil investor, and an even tougher few years to be an investor in anything related to…

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Is Wall Street Right About Electric Utility Stocks?

Jun 29, 2016 at 15:21 | Leonard Hyman & William Tilles

“Electric utility stocks are overstretched.” That’s the way Wall Streeters talk. They mean, “Electric utility stock prices are too high,” which is a polite way of saying that…

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$13 Billion Oilfield Services Merger Set To Move Forward

Jun 29, 2016 at 15:02 | Michael McDonald

To paraphrase Dickens, it is the best of times, it is the worst of times in the oil patch. Two major mergers in the last six months appear…

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Turkey Tightens Control On Gas Cylinders to Curb Terrorism

Jun 29, 2016 at 14:23 | Irina Slav

Liquefied gas cylinders are a common household fixture in some parts of the world. They are a convenient way of getting natural or petroleum gas for cooking purposes…

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Oil Marching On As Sentiment Improves

Jun 29, 2016 at 12:43 | Matt Smith

Once again, broader markets are maintaining a risk-on stance, with a falling dollar helping to usher crude prices higher. With weekly inventories bringing focus back to U.S. fundamentals…

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New Drilling To Start As Oil Prices Firm Up

Jun 29, 2016 at 12:43 | Charles Kennedy

In a sign that the U.S. shale industry could spring back to life, one of the top Texas shale companies expects to grow both production and its rig…

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Corruption Endemic In The Oil And Gas Industry

Jun 29, 2016 at 10:24 | Dave Forest

A major bombshell broken by the Guardian newspaper this week, shows that something may have been amiss with a 2009 ExxonMobil oil bid in Nigeria — where the…

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API Claims A 3.9 Million Barrel Draw

Jun 29, 2016 at 10:06 | Irina Slav

The latest inventory report by the American Petroleum Institute injected some optimism into crude oil markets, suggesting that U.S. stockpiles fell by as much as 3.9 million…

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