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Energy

Russia’s Oil Industry Is Making The Most Of A Weak Ruble

Oct 21, 2016 at 17:05 | Oil & Gas 360

Record Oil Production and Capital Spending Supported by Favorable FX Rate While Russian federal revenue from oil and natural gas production has declined significantly in response to low oil prices,…

The Niger Delta Oil Wars Are Unlikely To End Soon

Oct 21, 2016 at 16:53 | The Jamestown Foundation

The Nigerian government announced in August that it had resumed amnesty payments to former militants in the Niger Delta, many of them members of the Movement for the Emancipation of…

Why A Fracking Revolution In The UK Is Nearly Impossible

Oct 21, 2016 at 16:47 | Precise Consultants

Fracking is to gas what Trump is to politics and Marmite is to toast. You either love it or hate it. This week the Government overturned a council decision to…

The Larger Problems Behind The Deepwater Horizon Disaster

Oct 21, 2016 at 16:46 | Kurt Cobb

While watching the recently released film "Deepwater Horizon" about the catastrophic well blowout in the Gulf of Mexico that caused the largest oil spill in U.S. history, I remembered…

What Saudi Bonds Say About Where Oil Is Headed

Oct 21, 2016 at 16:38 | Dan Dicker

The Saudis have floated their first sovereign bonds, a $17.5 billion dollar offering that was more than 6 times oversubscribed. This bond issuance gives us tremendous insight into the largest…

How To Trade The U.S. Election

Oct 21, 2016 at 16:38 | Martin Tillier

In case it has escaped your attention, the U.S. has a Presidential election coming up in a few weeks, on November 8th to be precise. It would normally make sense…

Higher Breakeven Price Comes At Bad Time For Saudis

Oct 21, 2016 at 16:36 | Editorial Dept

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 sector. Each week we’ll…

Crude At A Crossroads: Is A Reversal Top In The Making?

Oct 21, 2016 at 16:12 | Jim Hyerczyk

Since late September, the U.S. Dollar and crude oil have been rallying simultaneously with traders seemingly ignoring the typical relationship between the two assets. Since crude oil is a dollar-denominated…

Iran Proving To Be Its Own Worst Enemy For Oil Development

Oct 21, 2016 at 16:06 | Lincoln Brown

Despite Iran’s efforts to re-enter the oil market, and amid promises two years ago by the country to open up the industry to foreign market after the sanctions against it…

Oil Heavyweights Worry About Future Oil Supply

Oct 21, 2016 at 14:02 | Evan Kelly

Oil prices are fighting against a strong dollar on Friday as the WTI front month futures rolled over to the December contract.…

Permian And Eagle Ford Recover As Rig Count Rises To 8 Month High

Oct 21, 2016 at 12:52 | Zainab Calcuttawala

This week’s Baker Hughes report shows an 11-rig increase in the United States oil count, marking 17 straight weeks of no-decline in the active rig figure. The streak suggests…

U.S. Oil And Gas Is Changing To Survive

Oct 21, 2016 at 10:22 | Oil & Gas 360

''Come writers and criticsWho prophesize with your penAnd keep your eyes wideThe chance won’t come again.'' Nobel Prize winner Bob Dylan must have been an…

Iran To Offer 50 Oil And Gas Projects In Upcoming Tender

Oct 21, 2016 at 09:33 | Dave Forest

Historic week in oil and gas exploration. With the tiny Central American nation of Belize kicking off its first-ever offshore evaluation work this past Thursday. That area could yield…

Oil Titans Differ On Whether Prices Will Spike Or Remain Low

Oct 20, 2016 at 16:40 | Nick Cunningham

Saudi Arabia’s energy minister Khalid al-Falih spoke at the Oil & Money Conference in London this week, where he offered a robust defense of OPEC’s 2014 decision to not intervene…

The Drone War Is On: Australian Startup Beats Google, Amazon

Oct 20, 2016 at 16:26 | Michael McDonald

Startup Company Flirtey is making enormous progress in the drone industry, far sooner than some of the most prominent tech companies. The Australian based company has developed drones capable…

Only Sentiment Matters: Why Oil Prices Are Heading Up Until November

Oct 20, 2016 at 16:13 | Rakesh Upadhyay

Crude oil prices are on a tear. They have recently reached a new 52-week high, and considering the momentum behind the markets, it is likely that the elusive breakout above…

The Power To Make Or Break Nations—The World’s $1.7 Trillion Oil Business

Oct 20, 2016 at 15:55 | Zainab Calcuttawala

The oil bust, today’s volatile market and relentless OPEC chatter, it’s easy to lose sight of the fact that the oil market—even at current valuations—is somewhere near the $1.7 trillion…

Can Libya’s Oil Rescue It From Economic Collapse?

Oct 20, 2016 at 13:56 | Irina Slav

Libya has been teetering on the edge of economic collapse for a couple of years now, and may have just made a narrow escape, right when the World Bank issued…

The UK’s Oil And Gas Ultimatum: Exploration Or Bust

Oct 20, 2016 at 13:45 | Precise Consultants

Here's something that most of you probably knew but didn't really want to see written in a report: the number of jobs in the UK's oil and gas sector has…

Oil Prices Cool Down Amid Tanking U.S. Crude Imports

Oct 20, 2016 at 12:00 | Matt Smith

As yesterday's exceedingly mixed weekly EIA report is digested, oil prices are unwinding a good deal of yesterday's knee-jerk rally. As dollar strength further encourages crude lower, hark, here are…

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