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Energy / Energy-General

OIlprice.com's Energy section focuses on all energy related topics that can't be easily classified in our other categories. Topics covered are fossil fuel energy, solar energy, wind energy and many other types of energy sources.

  • By Buying Canada’s Talisman, Spain’s Repsol Nearly Doubles In Size

    The Spanish energy company Repsol will buy Canada’s Talisman Energy Inc. for $8.3 billion in cash in a deal that would immediately double Repsol’s oil production and staff. Repsol and Talisman said Dec. 16 that the sale had been unanimously approved and recommended by the boards of both companies. The transaction is expected to be completed in mid-2015. If so, Repsol would pay $8 for each share in Talisman, 60 percent more than the stock’s average price over the past month, Talisman said, and the Spanish company would assume $4.7 billion in Talisman’s debt. Repsol said this transaction is the…

  • The Global Energy Security War

    Concerns about energy security have shot to the top of the political agenda in Europe. But the US has no intention of letting the EU down. “The United States will be working with the EU to develop a plan for the mid- to long-term evolution of a more energy-secure future”, said US Secretary of Energy Ernest Moniz at a conference of the Atlantic Council in Istanbul. At this summit, top US officials and energy experts showed themselves surprisingly positive about the progress the EU has made reducing its dependence on Russia. “A few years ago, we couldn’t have solved the…

  • This Week In Energy: Low Oil Prices Not The Only Threat To US Energy

    Urgent Note: This week, our analyst Dan Dicker provides key insights into the companies now considered to be the walking dead in the energy space. The debt burdens of these companies make for a bleak outlook, and this information is need-to-know for all investors, so they can spot the trend that is taking these companies down and protect their own investment portfolios accordingly. Dan’s report is a must read for those interested in the bigger picture of the low oil price situation and you can receive it for Free – just click here and start a 30 day free trial…

  • One Trade That Doesn’t Need Oil To Recover

    Attempting to pick the bottom of oil’s move down has so far proven to be an expensive game for energy investors. The $60 WTI level that we are rapidly approaching as I write was the launching point for the spike in prices that occurred in 2007, as the chart below indicates, so may at least provide some support as the year ends. For investors who believe that could be the case, there is a good trade opportunity if that does turn out to be a good support level, but that also has the potential to pay off even if prices…

  • Global Energy Advisory - 12th December 2014

    Politics, Geopolitics & Conflict Somalia has invited Soma Oil and Gas, ExxonMobil, Royal Dutch Shell, BP and Chevron to explore oil and gas resources in the country. Soma Oil and Gas—based in the UK and backed by Russian billionaire Alexander Djaparidze--has completed an onshore and offshore seismic survey in the Somali capital, Mogadishu. The government in Mogadishu said it would reward the company for carrying out the seismic survey with licenses to explore for oil. This is a daunting endeavor in a country where security remains shaky at best and where al-Shabaab is clearly resurging. Attacks by the Islamist militant…

  • Why US Shale May Fizzle Rather Than Boom

    The Shale Revolution may not really end up being a revolution after all. A new study in Nature finds that the estimates for shale gas production could be vastly overblown, and production could peak within the next decade. It is first important to note that forecasting energy production years into the future is always difficult and pinpointing the trajectory of oil and gas production years out is an impossible task. However, many forecasters, including the closely-watched Energy Information Administration (EIA), have highly bullish projections on the ultimate recoverability of natural gas trapped in American shale. For example, in its latest…

  • As U.S. Reserves Grow, So Does Geopolitical Weight

    The peak will have to wait – at least in the United States. According to a new report from the Energy Information Administration (EIA) US proved reserves of both crude oil and natural gas are on the rise. The growth – roughly 10 percent for each – is yet another affirmation of shale’s staying power and adds weight to an increasingly heavy diplomatic stick.  Source: EIA In 2013, proved reserves of crude oil and lease condensate increased 3.1 billion barrels (bbl), exceeding 36 bbl for the first time since 1975. Natural gas proved reserves are higher than ever before and…

  • Who Comes Out On Top After Oil Pandemonium?

    As crude oil prices take a beating, with Saudi Arabia predicting that prices will stabilize at $60 per barrel, we head to Norway, where state-run giant Statoil is poised to come out ahead of a game that has everyone panicking amid the geopolitical OPEC-versus-America banter. On Wednesday, Brent Crude was under $70 and WTI was at $66 after the Saudis announced that prices would likely drop further and stabilize at $60, and after a drop in US crude inventories the day before had brought crude futures up a bit. As of Wednesday, Brent Crude was down 44 cents to $69.48,…

  • Alternatives Aren’t Ready, Demand Management Is

    Most people with functioning brain cells, even the most ardent climate change deniers, accept that at some point in the future mankind will have to find a viable alternative to fossil fuels. They are, after all, a finite resource and the rate of consumption continues to increase. This simple fact has led to a lot of money, both public and private, being invested in the search for an alternative. Despite that though, and a plethora of stories about how close we are to a breakthrough in various areas, the reality is that we are still a very long way from…

  • Global Energy Advisory - 5th December 2014

    Politics, Geopolitics & Conflict Any and every oil and gas investor operating in Europe and Eurasia should be concerned about the very dangerous and very misguided Cold War geopolitics currently being bred. The US/NATO strategy against Russia threatens to destroy Europe entirely, and the next US president will likely take this to the point of no return, after the stage has been set by the current. The only way out of this predicament is to redraw borders in Eastern Europe—arbitrary borders that were put in place by the Soviets and, as we have seen in Ukraine, are not tenable. NATO’s…