Oil & Gas Bankruptcy Continues to Climb to $50.4 Billion in August Three more companies joined the ranks of those that have filed for Chapter 11 bankruptcy protection…
It may be a little premature for the oil industry to panic over the influx of electric vehicles (EV). EVs would need to represent at least 50 percent…
Construction work is set to begin on a $4 billion liquefied natural gas (LNG) pipeline project, underscoring Djibouti’s efforts to strengthen its status as an energy trans-shipment hub…
Norway’s sovereign wealth fund, the biggest in the world, has just sold all the equity shares of Duke Energy it owned from its portfolio. Duke did not meet…
The Fed continues to dominate the markets and our trading in oil and oil stocks. God knows there are hundreds of writers out there with opinions on the…
The last time I wrote in these pages was two weeks ago, as I spent last weekend at a trader’s conference, and at that time, with WTI trading…
Friday, September 16 2016 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…
Politics, Geopolitics & Conflict • Libyan oil has been liberated for all intents and purposes. Despite what Western forces would have one think, General Haftar of the Libyan…
Crude oil futures were under pressure this week after reports showed large weekly builds in U.S. petroleum products and forecasts by the International Energy Agency and OPEC indicated…
Coalition military forces have carried out 10 air strikes against ISIS targets in Syria, destroying five supply routes, oil well heads and oil tanker trucks, the Combined Joint…
Oil prices fell on Friday as the IEA downgraded its projections for oil demand, dashing hopes that oil markets would rebalance this year.
Gasoline is continuing its charge higher amid ongoing issues relating to the Colonial pipeline. Nonetheless, crude is charging lower into the weekend as oversupply fears weigh and dollar strength returns.…
Three new oilsands projects have been approved by the government of Alberta—the first after the authorities capped greenhouse gas emissions from oilsands to 100 megatons. The projects will…
President Obama graciously thanked himself for cheap gasoline at a rally in Philadelphia for Hillary Clinton on Tuesday. To hear him tell it, “Let’s face it; Republicans…
Apache’s recent oil find highlights what could be a new phase in fracking. To date, fracking in the U.S. had really been all about taking explored basins and…
Canadian oil companies have struggled for years to build enough pipeline capacity to get their oil out of landlocked Alberta, and more than a handful of proposed projects…
The bankruptcy wave that’s been washing through the U.S. oil and gas industry is far from over, according to a fresh report by debt specialists at Debtwire.…
China Leads the Planet in CO2 Emissions, but Persian Gulf States Lead on Per Capita Basis According to the World Bank’s current data, China was the leading emitter…
An economy in ruins More than five years of armed conflict has had a catastrophic impact on the Syrian economy. National GDP has plummeted to less than 50…
Crude has just given up the ghost of a rally, as poor economic data weighs on broader market sentiment again. As the dollar rallies, despite waning rate hike…