As Canada’s upstream petroleum industry struggles to deal with low commodity prices, more and more attention is being paid to the relationship between exploration and production companies (E&P) and their…
After a dismal quarter for oil prices, the oil majors are starting to report their earnings – and they don’t look good.Royal Dutch Shell is the latest to…
It’s been a long and tough year so far for oil and gas producers.While cheap oil has been a boon for American consumers and some businesses, it has…
In a cautious and prudent display of corporate strategy, Anadarko’s CEO announced that his company would not seek to expand its holdings unless and until it becomes profitable to…
Three hundred and ninety-seven years after Sir Walter Raleigh was beheaded, and crude prices are getting the chop once more. After yesterday’s Federal Reserve FOMC rhetoric brings a December rate…
Very interesting story unfolding this week in the U.S. energy sector; showing several twists emerging amongst the players in this space, old and new.The Wall Street Journal broke…
The U.S. Congress is moving on a budget deal to avert a standoff over raising the debt ceiling, at least until 2017. The emerging budget deal calls for some…
One thing I live by is the belief that “if coincidences keep happening they are no longer coincidences.”There seem far too many coincidences to credibly believe that the…
We’ve seen predictions of the death of the automotive industry before; even the death of the car salesman, and, more recently, the death of diesel. To be…
The phrase “Too Big To Fail” came about during the Financial Crisis of 2008 to describe banks bailed out by the U.S. government after they were deemed systematically important during…
It has been a brutal few weeks for Royal Dutch Shell.On October 27, the Anglo-Dutch oil major announced that it was pulling the plug on its Carmon Creek…
Big profits are made when new exploration terrains open up. And news this week suggests one place on the planet is trying to position itself as the next big opportunity…
In honor of Cleo Laine’s 88th birthday, the crude market is swingin’ away today, trying to shimmy away from a two-month low. After a turbulent night, prices have reversed losses…
Sleeping giant oilfields that were once thought mature and largely tapped out are getting a second lease on life with the latest in revolutionary enhanced oil technology: the futuristic-sounding
As oil prices are now hovering around $45 per barrel, the entire oil and gas industry is looking forward to the next OPEC meeting, due to be held on December…
Natural gas prices have fallen to their lowest levels in three years, plummeting by more than 10 percent on October 26.The balance of natural gas supply and…
As the world heads towards the start of the winter fuel oil season, crude prices still show little sign of a sustained upward move. Instead, oil seems to be trapped…
Third quarter earnings reports are starting to trickle in and the numbers will likely be poor. BP (NYSE: BP) kicked things off on October 27, reporting that its profits…
A few offhand comments last week may show a massive new plan underway in global copper investment; one that could see major consumer China take the…
Iranian officials last week informally presented to several Western energy companies and Iranian contracting and production companies the contract it hopes will attract $100 billion in foreign investment to…