Oil prices are steadily increasing,…
Demand forecasts from the IEA,…
Not counting the decade’s largest acquisition deal, the $57-billion Occidental takeover of Anadarko, 2019 saw only $39 billion in oil and gas deals. But if the $11 billion deals in…
Iran’s clerical leadership, under “Supreme Leader” Ayatollah Ali Hoseini Khamene‘i, is expected to make rapid, significant, and symbolic responses to the targeted killing in Baghdad on January…
Brent crude topped $70 a barrel today for the first time in months on the unending flow of updates from the Middle East that point towards further escalation between…
U.S. drilling activity continued to contract in the fourth quarter, and the sense of gloom among shale drillers in Texas remains palpable. The latest data from the Dallas Federal…
Concern about global oil demand and OPEC+ production cuts are now part of the oil price landscape and few expect any surprises coming from these directions. There is, however, a…
Piracy in some of the world’s most critical oil chokepoints is on the rise--but now, pirates are resorting back to another method of income generation better suited to times of…
Declarations of a climate emergency are the latest fad among world governments. Everyone wants to be in the cool crowd of those ready to save the planet with their own…
It’s the start of a new year and a new decade, and the oil market is as unpredictable as ever. Will OPEC+ extend its cuts? Will U.S. shale finally grind…
Oil prices spiked immediately after the U.S. killed Iranian General Qassem Soleimani on Thursday. Soleimani, as head of the Quds force of the Revolutionary Guard, was a very powerful…
A couple of weeks ago, I offered reasons why I believed that after a decade of underperformance, 2020 could be the year that energy finally starts to play catch up…
Friday January 3, 2020 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Discovery & Development • Exxon (with Hess) has announced another (the 15th) discovery offshore Guyana in the Stabroek block, just days after they started producing first oil from the Liza…
Oil prices gained $3 overnight, but there is a lineup of stocks benefitting from the fear premium following the assassination of Qasem Soleimani, the head of the Iranian Revolutionary Guards…
Oil prices soared early on Friday morning after U.S. forces in Iraq assassinated Iran’s most powerful and visible military leader, Qassem Soleimani. The United States killed the Iranian…
Nigeria has long been known for its oil riches. Angola has too, but decades of entrenched corruption have chased foreign investors away. Emerging markets are where oil upside might be…
As we kick off the 2020s, it’s perhaps time to stop looking at the drillers and focus on the companies that hold the mineral rights as investors get whiplash from…
Amid growing concerns about climate change, activists, shareholders, and many investors have started to see oil companies as the next ‘Big Tobacco’ set of toxic stocks because of Big Oil’s…
Last week Russia made history by flipping the power switch on the “Akademik Lomonosov,” a cutting-edge nuclear power plant afloat in the Arctic Ocean. While the project has been
Crude oil and condensate production in Russia hit a record high for the post-Soviet era in 2019, despite Moscow’s key role in supporting the ongoing production cuts of the OPEC+…
Introduction Newpark, (NR) is an oddity in the oilfield service space. It is an independent-meaning it's not part of a big conglomerate service company, mud and completion fluids company…