Insider Secrets

Insider Secrets

Learn how the PROs are making money from the oil and energy market.

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Energy / Natural Gas

  • Turkey Having Trouble Finding Alternatives To Russian Gas

    With Russian-Turkish relations bottoming out after Turkey’s downing of a Russian military jet last November, Ankara is scrambling to reduce its dependency on Russian gas. But the help it needs from post-Soviet energy producers may not be swift in coming.  The Caspian Sea state of Azerbaijan, Turkey’s closest ally in the post-Soviet region, was the first place Turkish Prime Minister Ahmet Davuto?lu visited after the November 24 downing incident. And most recently, Davuto?lu met with Azerbaijani President Ilham Aliyev in Davos on January 20. “Two nations, one people” is a popular mantra that officials in both Turkey and Azerbaijan use…

  • Does This Signal A Bottom For NatGas Companies?

    Investors are suddenly finding value in beaten down natural gas stocks as crude oil prices hit new lows, in what might signal a bottom for gas drillers. Natural gas drilling has been very attractive to investors for a while, but it’s all relative. And right now, it’s relative to sinking crude oil. During the past week, when crude oil prices and crude oil companies were hitting new lows, investors started accumulating stocks of natural gas drillers. A handful of beaten down gas drillers saw new buying, indicating that investors are actually finding value in these stocks. By the end of…

  • This Oil Frontier Just Became More Interesting For Oil Majors

    Now that Myanmar has opened up to foreign investment after more than 50 years of military rule, one of the first entrants in the country’s energy market appears on the verge of financial success. Woodside Petroleum Ltd. of Perth, Australia, says it has made an “encouraging” discovery of gas at its first test well. Drilling found reserves of gas nearly 50 feet deep at the Shwe Yee Htun-1 exploratory well in the Rekhine Basin off the country’s west coast. This is not a huge find – yet – but the company plans additional exploration to get a better sense of…

  • TAPI Pipeline Inches Forward

    The official groundbreaking ceremony for the TAPI pipeline was held in Turkmenistan on December 13, a milestone for a project that has been on the drawing board for over two decades. The pipeline would carry natural gas across four countries that make up the TAPI acronym: originating at the gas fields in Turkmenistan, TAPI will carry natural gas through Afghanistan, Pakistan, and terminate in India. The groundbreaking for the USD$7.6 billion pipeline was attended by leaders from the four countries involved, including India’s Vice President, Pakistan’s Prime Minister, and the presidents from Afghanistan and Turkmenistan. Fittingly, the ceremony was held…

  • Turkish Stream Might Not Be Dead Yet As Russians Prepared To Talk With Turkey

    No one really expected a shooting war between Russia and Turkey, a NATO member, over the downing of a Russian bomber after it reportedly violated Turkish air space. But there’s been some concern that economic relations between the two countries, once warm, could freeze over for the foreseeable future. Yet on the very day of the incident, in which two Russian service members died, Russian Deputy Energy Minister Anatoly Yanovsky made it clear that Russia’s Gazprom would continue to supply gas to Turkey in accordance with their contract. “It could not have been otherwise,” he said. That didn’t mean Russia…

  • America’s Top Shale Gas Basin in Decline

    The natural gas drilling frenzy is grinding to a halt, as the industry struggles with excess supply. Natural gas prices have plunged to their lowest levels in more than a decade this month, dipping below $1.80 per million Btu (MMBtu). The shale gas revolution is an old story at this point, one that everyone is familiar with. But the revolution never really ended, even though the media moved on to focus on the tight oil boom. Natural gas production continued to rise over the past decade, reaching record heights in 2015.   However, demand has not kept up, despite the…

  • European Leaders Cry Foul Against Germany’s Support for Gas Pipeline

    There is a growing chorus in Europe against Germany’s support to expand a major natural gas pipeline from Russia over fears that it will leave Europe more dependent on their eastern neighbor. The Nord Stream 2 would build on the existing Nord Stream pipeline, a conduit that delivers Russian natural gas to Germany via the Baltic Sea. Crucially, the project cuts out Ukraine, a key strategic objective for Russia since the original project’s inception. The latest $11 billion expansion would double the pipeline’s current capacity of 55 billion cubic meters of gas per year. From Russia’s perspective, the project will…

  • Icahn Ousts Cheniere CEO For ‘Aggressive Expansion’ Plans

    Cheniere Energy, a U.S. exporter of liquefied natural gas (LNG), has fired its CEO, apparently because of his plans for aggressive expansion, but is still interested in taking a minority share in a new LNG terminal in Greece that would supply gas to southeastern Europe and perhaps even gas-hungry Ukraine. The company’s board of directors fired Charif Souki during a meeting at its Houston headquarters during the weekend of Dec. 12-13, evidently at the behest of activist investor Carl Icahn, who holds a 14 percent stake in Cheniere and personally picked two of the company’s directors. Icahn praised Souki in…

  • A Promising Trade For The Long Haul

    One of the things that were impressed on me early in my career in the forex market was that the market can never be wrong. The market price is simply an expression of the place at which a buyer and a seller were last prepared to transact, so of course logically that is the case. Sometimes, though, when the general sentiment is negative, things get dragged down to the point where logic dictates that there is far more chance of a recovery than of further losses. That doesn’t mean that it cannot go lower, just that the odds work in…

  • Undeterred By Global Glut, U.S. Pushes Ahead On LNG Exports

    More liquefied natural gas (LNG) will be leaving the U.S. come the New Year, even though the market for the chilled gas bound for export markets is softening. As production from U.S. shale gas fields ramped up in recent years, including the monster, mile-deep Marcellus basin, which alone produces 113 billion cubic meters (bcm) a year, the same as Russia's exports to Europe through three pipelines, there seemed to be a grand opportunity to take advantage of the increased production by shipping gas overseas. Developers initiated large capital projects to build LNG export plants in the United States, including Sabine…

Martin tiller