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The Oil Market Is At A Major Turning Point

The Oil Market Is At A Major Turning Point

With OPEC holding its production…

Asia’s Top LNG Players Forming Buyers Club

Asia’s Top LNG Players Forming Buyers Club

KOGAS, CNOOC, and JERA, who…

TransCanada Gets Presidential Permit To Build Keystone XL

TransCanada Gets Presidential Permit To Build Keystone XL

After years of political, economic,…

Energy

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Pro-Extension Voices In OPEC Become Louder

Mar 27, 2017 at 10:38 | Irina Slav

In a statement, the joint committee of seven oil ministers from the parties to the cut said that the deal could be extended for another six months, depending on…

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Goldman Sachs Backing A Copper Boom In 2017

Mar 24, 2017 at 17:25 | James Burgess

2017 is shaping up to be a game-changing year for copper, with Trump’s $500-billion infrastructure plan, booming Chinese demand and the recent interest rate hike from the Fed, copper prices…

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Shell’s New Permian Play Profitable At $20 A Barrel

Mar 24, 2017 at 17:11 | Rakesh Upadhyay

OPEC’s worries about the booming U.S. oil production have increased significantly with the big three oil companies’ interest in shale. Exxon Mobil Corp., Royal Dutch Shell Plc, and Chevron Corp.,…

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Is The Private Equity Oil Rush Back On?

Mar 24, 2017 at 17:06 | Irina Slav

Private equity funds are back in the oil game with piles of cash to spend, emboldened by oil prices of around $50 a barrel, even though WTI has in the…

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Mexico Sees Its First International Offshore Drilling Success

Mar 24, 2017 at 17:05 | Nick Cunningham

Italian oil company Eni drilled the first well by an international oil company in Mexican waters, and on March 23 they said the well indicated a “meaningful” volume of oil.…

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Self-Driving Cars May Just Be the Start

Mar 24, 2017 at 17:03 | Irina Slav

The self-driving car race has been intensive, especially recently, with new partnerships being announced on a regular basis as tech companies team up with carmakers to stake a claim in…

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Can Trump’s Proposal Save The Coal Industry?

Mar 24, 2017 at 15:34 | Michael McDonald

Climate change may not be a significant factor in the decision-making processes of the United States government, according to the White House. As per a directive signed by President Donald…

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U.S. Shale Could Peak Before 2025

Mar 24, 2017 at 15:30 | Ron Patterson

In a previous post on U.S. LTO future output there were suggestions that a bottom up approach might be better than the top down approach and I agree. I…

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Norwegian Oil Plays Struggling After Oil Price Collapse

Mar 24, 2017 at 15:27 | Rune Likvern

Norwegian crude oil extraction peaked in 2001 at 3.12 Million barrels per day (Mb/d) and in 2016 it was 1.62 Mb/d, growing from 1.57 Mb/d in 2015 and 1,46 Mb/d…

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Are The Survivors Of The Offshore Bust A Buy?

Mar 24, 2017 at 15:26 | Dan Dicker

I know that many of the oil analysts out there have gone weak on me. Unable to believe in the inevitable re-balancing of the oil market, they continue to see…

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