follow us like us subscribe contact us
Loading, please wait

Finance / Investing & Trading Reports

Investing & Trading Reports
  • This Major Investor Says It's Time to Buy Mining

    The mining sector got a big vote of confidence this week. From a high-profile backer.At least in one part of the world.That's Australia. Where $7.9 billion private equity firm Denham Capital said it is launching a venture solely aimed at helping struggling firms in the minerals sector.Denham will devote $200 million to the new vehicle. And then put that cash to work turning around under-performing assets in the mining world.Related: Australian PM Abbot Rolls Out Welcome Mat For Mining Industry"It will be focused on improving and restoring the profitability of assets," Denham's managing director Bert Koth told local press.Denham didn't…

  • Analysts Say India's Coal Imports Are About to Explode

    We're finally seeing the first projections on India's surging thermal coal demand. And the emerging numbers are massive.As I've discussed, India's coal sector is in crisis. With stalling domestic production leading to rolling blackouts of late--as many of the country's coal-fired power plants struggle to find supply.As of September 23, a full 35% of the country's coal-powered plants were running at "super-critical" coal supply levels. With less than 4 days of inventory on hand.Related: Supreme Court Ruling Deals Blow To Indian Coal SectorAnd according to a few high-profile analysts this week, that's going to lead to a big jump in…

  • Small Canadian Oil Company Makes A Big Play

    September has been a big month for one small Canadian oil company. Blackbird Energy Inc. (CVE: BBI) pulled off a major land acquisition deal, sold off non-core assets, entered into a strategic infrastructure MOU, and is gearing up for drilling operations on a very exciting oil and gas project. The small company is based in Calgary but its operations focus on the Montney Shale, an oil and gas formation that stretches across parts of British Columbia and Alberta. The Montney Shale potentially holds 450 trillion cubic feet of natural gas. Blackbird started out as a company with several sections of…

  • Is This $7.6 Billion Deal A Sign of Things Coming?

    A brief but critical item this week in the oil space.Potentially showing that a new wave of M&A mega-deals may be coming down the pipe.That's in the oil field services sector. Where one of the world's largest companies made a big acquisition--positioning itself in the U.S. shale sector, and giving a big vote of confidence to the industry.The firm is Siemens. Which announced it is entering the oil field sector, by purchasing Houston-based services firm Dresser-Rand.The deal is a large one--with Siemens paying an all-cash purchase price of $7.6 billion. Showing that the mega-corp is very motivated to get into…

  • Is Now A Good Time To Buy FRAK? Ask A 13th Century Italian

    If nearly 20 years in dealing rooms around the world taught me anything, it’s that traders, and therefore markets, have a tendency to overreact. When everything you do is about reacting to news and trends, it can be easy to read too much into each little nugget. Thus, when good news comes out, everybody piles on -- and when the news is bad, the rush for the exit is equally frantic. That is certainly true when it comes to the shale oil boom in the U.S.Earlier this year, as many of the oil exploration companies involved in shale oil reported…

  • This Is Only The 3rd Oil Project Of Its Kind, Ever

    The petroleum world witnessed a historic event this week. With a new type of oil production project becoming operational for just the third time in history.That's a type of operation known as a "risk service contract" or RSC. Which is becoming a go-to vehicle in Malaysia, for the development of that country's offshore regime.This month Malaysia's state oil firm Petronas said that the Banang offshore oil field has gone to production under a risk service contract. Part of a larger field development known simply as the "KBM" cluster. A project that was being advanced by U.S. outfit Coastal Energy, which…

  • This Brand New Coal-Producing Nation to Start 2015

    I've been talking a lot lately about the big shifts going on in the thermal coal market.And how they could open opportunities for new producers to grab market share. Replacing more established miners who are being pushed out by new regulations and low prices.This week we got a suggestion on who that might be. With one upstart producing nation announcing it intends to join the global market soon.Kenya.Xinhua quoted the Kenyan chief geologist for the Ministry of Energy and Petroleum, John Omenge, as saying that the country's first-ever thermal coal production could come as early as 2015. Related: All Eyes…

  • West Texas Now the Heart of America’s Oil Boom

    The Permian basin, now the nation’s most productive, is churning out ever-increasing volumes of crude. As of September 2014, the Permian is producing 1.7 million barrels per day (bpd). That is more than double the 850,000 bpd the area saw in 2007. Even the more well-known oil producing basins around the country pale in comparison. The Bakken in North Dakota and Montana, which has received so much media attention, produces only around 1 million bpd. And the Eagle Ford, the Permian’s neighbor in South Texas, is responsible for 1.5 million bpd in production. The Permian is king, even if the…

  • A Key Insider Is Warning on Prices In This Sector

    Interesting item this week on the global natural gas sector. And a warning from one major player in the space that prices could be headed much lower than many observers are expecting.The company is China National Offshore Oil Company (CNOOC). A firm that said last week it sees the liquefied natural gas (LNG) sector seeing significantly weaker pricing coming up.As reported by Platts, the comments came from the company's chief energy researcher, Chen Wei Dong. Who was speaking to the Canada LNG Export Conference and Exhibition in Calgary, about future shipments of LNG from proposed developments in Canada.Related: 10 Points…

  • China's Imports of This Metal Are Up 72%... So Far

    There's been a lot of attention lately on imports of commodities like copper and coal into China.Uncertainty has reigned around shipments coming into those markets. But at the same time, one little-followed metal has been having a big year in China--with import growth far outpacing other commodities.That's alumina.Black China noted last week that alumina imports into China are up a stunning 72% so far this year, for the period January to July. So far totalling 3.2 million tonnes.Related: These Miners Are Seeking Over $1.3 Billion in AcquisitionsThese experts also predict that the trend toward much higher alumina imports is accelerating.…