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

Oct 21, 2016 at 12:52

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…

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U.S. Oil And Gas Is Changing To Survive

Oct 21, 2016 at 10:22

''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…

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Iran To Offer 50 Oil And Gas Projects In Upcoming Tender

Oct 21, 2016 at 09:33

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…

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Oil Titans Differ On Whether Prices Will Spike Or Remain Low

Oct 20, 2016 at 16:40

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…

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

Oct 20, 2016 at 16:26

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…

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

Oct 20, 2016 at 16:13

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…

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

Oct 20, 2016 at 15:55

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…

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Can Libya’s Oil Rescue It From Economic Collapse?

Oct 20, 2016 at 13:56

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…

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

Oct 20, 2016 at 13:45

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…

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

Oct 20, 2016 at 12:00

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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