The war with Russia has…
Chinese investment in Bosnia's wind…
The International Air Transport Association has set an ambitious goal for its members: transporting a billion passengers on flights using biofuel by 2025. The goal is a demonstration of…
Iraq’s oil production could begin to rise after a tentative deal was agreed to by the Kurdish Regional Government and the central government in Baghdad. The two sides reached an…
While the oil boom continues into 2018, investors who got into shale in time for the jump are anxious about their future payout – a payout that doesn’t seem to…
No one likes to hear news about higher taxes. Californians got just that kind of news last year, when Governor Jerry Brown signed a 40-percent increase in the state gas…
The UK’s biggest energy retailer, Centrica had another bad year. Earnings and operating profits declined. And since 2015 Centrica’s share price has almost halved. So, what is the problem? Selling…
Last week’s surprise drawdown in crude inventories may be the last for a while, as analysts are expecting a reversal in stocks this week.
A federal judge halted construction on the Bayou Bridge pipeline in Louisiana, holding up the last missing puzzle piece in a pipeline network that stretches from North Dakota to the…
A group of U.S. investors is looking to buy the almost 50-percent interest currently held by Russian Rosneft in refiner Citgo, the U.S. unit of troubled PDVSA. The acquisition plan,…
The oil price rally that began a year ago is at a crossroad. In February, WTI futures fell from a 3-year high of more than $66 to less than $60…
Oil and gas is not a sunset industry, and low oil prices are not such bad news at all, BP’s chief of upstream operations, Bernard Looney, said recently. Although…
U.S. President Donald Trump has called a meeting to discuss possible amendments to the Renewable Fuel Standard (RFS) as the powerful oil and corn lobbies continue to clash over biofuels…
Oil prices jumped on Thursday after the EIA reported a surprise drawdown in crude oil inventories, ending several consecutive weeks of inventory builds. The report was the most bullish in…
The bond market is about to enter a phase we haven’t seen in over 70 years… A rising interest rate cycle. A trend that has only been accentuated by the…
A while back I was called by a journalist at a prominent paper and asked what I thought about the lithium market. Was it another rare earth metals story –…
EIA reserve estimates for USA for 2016 have been issued (a couple of months later than usual). The numbers they provide are ‘proven’ reserves of crude, condensate and natural gas.
Central bankers seem to think that adjusting interest rates is a nice little tool that they can easily handle. The problem is that higher interest rates affect the economy in…
It’s amazing – I was so much more comfortable holding oil stocks last year – when oil was trading fifteen dollars lower and more, than I am right now. It’s…
Regular readers of my ramblings will be aware that I am usually neither a fan nor a follower of conventional wisdom. When an idea is repeated frequently, and seemingly by…
Friday February 23, 2018 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…
Canada’s oil sands production will continue to grow over the next ten years despite a shortage of pipeline capacity and several years of underinvestment. That’s what a study from IHS…