The Norwegian government has affirmed its plans to divest its coal related holdings.On June 5, parliament voted to go through with the divestment, which will see…
Russia has no contract with Iran to import its oil, but may help resell it on the world market, according to Russian Energy Minister Alexander Novak.
When forecasting how much oil will be available in future years, a standard approach seems to be the following:1. Figure out how much GDP growth the researcher hopes…
The fight against ISIS has taken a turn for the worse in recent weeks, with strategic cities and territory having been captured by the militant group.…
Oil analysts and commodity traders watch the price of crude swing down and up, and are trying to figure out when and to what extent the…
Oil is not the only energy source that is seeing a glut. Growing supplies of natural gas could soon result in a similar phenomenon. It was only a year and…
France has long been at the forefront of nuclear power as one of the biggest users around the world. But the recent announcement that French nuclear giant Areva would merge its…
Renewable energy sources are getting a new lease on life thanks to rapidly rising cost of fossil fuel extraction and rising greenhouse emissions. According to a…
As the current oil price slump stabilizes, showing only a modest rebound in prices since the start of the year, it is likely that more mergers…
The Group of 7 (G7) nations met in Bavaria on June 8, and pledged to rid the global economy of fossil fuels by the end of the 21st Century. “We…
The EIA has released its latest Drilling Productivity Report. There were some interesting data presented in the report.
If you remember the dot com bubble as clearly as I do and are a technical analyst then you will recall the month which the NASDAQ…
The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said…
With the North American rig count now starting to stabilize, investors in the oil and gas space should consider starting to scour the landscape of…
Delayed gratification is said to be a sign of maturity. By that standard OPEC at age 55 demonstrated its maturity this week as it left…
As it celebrates the 350th anniversary of its foundation this year, French multinational Saint-Gobain sees itself in the forefront of the meeting the challenge of climate…
Since May 2005, global conventional crude oil + condensate production (C+C) has been constrained to a bumpy plateau of around 73.2 Mbpd. That limit was breached…
The connection between wastewater injection wells and an alarming increase in the frequency of earthquakes is getting a lot more scrutiny these days. First was Oklahoma,…
Following OPEC’s decision not to cut production at its June 5, 2015 meeting in Vienna, oil prices should likely continue their descent that began in early May (Figure 1). Prices…
Now that OPEC has left its production quota unchanged, the world will continue to see a glut in supplies, right?Some analysts aren’t so sure. Sanford C. Bernstein predicts…