Oil rising to $60/bbl is displeasing some people, particularly the shorts. Some of the more extreme –those calling for oil in the $20’s – have wisely…
Before the November 2014 OPEC meeting in Vienna, the head of Russia’s state-owned oil company Rosneft flew to Vienna to meet with OPEC members. The…
Mexico and Brazil, two of Latin America’s energy giants, are considering the possibility of joining forces. On May 27, Brazilian President Dilma Rousseff announced that…
Investors in oil stocks are finding out lately just how painful an oil supply glut can be. At a time like this though, one key for…
Three recent news items remind us that energy transitions take time, a lot of time--far too much time to be shrunk down into a television special,…
With oil prices wobbling above and below $60 per barrel, US shale drillers now face a quandary. Many in Texas and North Dakota could profitably drill somewhere around this range,…
The U.S. rig count dropped by 10 rigs this week after only falling by 3 last week. No doubt some analysts will say that this increase…
The world’s biggest spenders on oil and gas assets have suddenly become extremely thrifty – and the world is taking notice. The last decade saw China’s biggest national oil companies…
President Obama was not among the heads of state at the inauguration of incoming President Muhammadu Buhari on May 29, 2015. However, in his private conversations…
The Mexican government softened some rules on the bidding process for new oil tracts in an effort to placate private oil companies who had complained about…
Regardless of recent upshots in oil prices, the million-dollar question remains in which direction the oil prices will go in the future. The volatility in oil prices has continued to…
This week starts with a refreshing call by Deutsche Bank (DB), which basically encapsulates my view on the E&P group. Notwithstanding the valuation issues in the…
A group of European oil companies have banded together to call upon the international community to institute a global carbon price. In a letter to the…
In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions on…
In a recent article, I predicted that the age of oil might approach the beginning of its end in the next 30 years. In a similar statement reported by…
The six-month clock is up. OPEC is convening this week in Vienna, as it does every six months, to discuss and decide on how the group will coordinate.The…
Even as Saudi Arabian officials continue to tout its shift to renewable energy, it may be oil-poor countries in the region like Jordan and Egypt that can benefit sooner from…
When George W. Bush proclaimed in 2003 that “the first car driven by a child born today could be powered by hydrogen and pollution-free,” the former U.S. President was suggesting…
It's open warfare on the oil stocks. They've all been painted with a black brush and the worst splotches have been sprayed by hedge fund kings David Einhorn and Jim…
When the names of the companies approved to bid on the newly available Mexican oil leases were released this week the list contained little of any real use to potential…