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Article Archive | Page 1468

A High-Profile Miner's Unusual Strategy

Feb 28, 2014 at 09:08

There's been a lot of talk lately about purchasing mining assets.With many metals at multi-year lows, big investors have started circling. Looking at "picking off" quality projects at…

New Spy Technology to Spawn Oil Revolution

Feb 27, 2014 at 17:32

The future of oil exploration lies in new technology--from massive data-processing supercomputers to 4D seismic to early-phase airborne spy technology that can pinpoint prospective reservoirs.Oil and gas is…

Shell’s Troubles in Nigeria Continue

Feb 27, 2014 at 16:56

Royal Dutch Shell is in the midst of a flurry of sell offs to fix its balance sheet, unloading billions of dollars of assets as quickly as it can. Shell…

Supermajors Balk at Canadian LNG Profit Tax

Feb 27, 2014 at 16:45

Oil and gas companies hoping to win big on Canada’s nascent liquefied natural gas (LNG) export industry are balking at a new gas tax proposed for British Columbia that…

Emergency Order to Avoid Oil Train Disasters

Feb 27, 2014 at 16:34

US federal regulators on Tuesday issued an emergency order for tougher testing of crude oil before shipment by rail to determine sensitivity to potential explosion and fire.

Another Abandoned Oil Opportunity

Feb 27, 2014 at 08:46

I'm always interested when big oil firms decide to exit a play. Because it often signals that an opportunity is at hand for smaller firms.That could well be…

Repsol to Settle for $5bn over Argentina Oil Asset Heist

Feb 26, 2014 at 17:25

Spanish oil giant Repsol is preparing to sign a $5 billion settlement agreement in the coming days with the government of Argentina over the 2012 seizure of its local assets.…

What the Resource Curse Means for Afghanistan

Feb 26, 2014 at 17:04

Three years ago, the U.S. Geological Survey said some of the resources in Afghanistan could transform an economy normally dependent on illicit narcotics. With this year's pivotal drawdown of international…

Africa’s Next Oil Frontier – Ethiopia?

Feb 26, 2014 at 16:54

Sitting athwart the headwaters of the Blue Nile, Ethiopia has long seen its energy future in its hydropower potential, being able to export electricity to neighboring countries. That picture…

Korean Firm Wins $6bn Iraq Refinery Contract

Feb 26, 2014 at 16:46

A consortium of Korean engineering firms has won an estimated $6 billion contract to build a new oil refinery in Iraq, in the largest deal ever won by Korean…

If You Missed It, Uranium Is Back

Feb 26, 2014 at 08:43

We got one of the biggest rallies in years for uranium stocks yesterday.Producers like Cameco jumped over 8% on the day. Spurred by news that Japan is officially…

Obama Admin Raises Liability Cap for Oil Spills

Feb 25, 2014 at 15:18

On February 21, the U.S. Department of Interior proposed raising the cap on liabilities that oil companies are forced to pay in the event of an oil spill. The…

Keystone Decision in Two Months?

Feb 25, 2014 at 15:11

While Republican governors claimed on Monday that President Barack Obama has given assurances of a decision on the Keystone XL pipeline within the next couple of months, the White House…

Saudi Arabia: When the Old Guard Fails, Bring in ..the Old Guard

Feb 25, 2014 at 15:02

Here is a prediction: if the current war in Syria is not contained it will only be a matter of time before it affects any and all the countries that…

The Real Bullish News For U.S. Natural Gas

Feb 25, 2014 at 09:02

There's been a lot of excitement lately about rising natural gas prices in the U.S.The numbers in this market have indeed been eye-catching. With front-month NYMEX natgas rising…

Is it Time to Let BP back in the U.S. Oil Game?

Feb 24, 2014 at 17:12

BP is hard at work in the Gulf of Mexico, launching a third phase to a legacy project off the coast of New Orleans. Outside of the production phase, it's…

U.S. Army’s $7 Billion Interest in Renewable Energy

Feb 24, 2014 at 16:59

Slowly but surely, the U.S. armed forces are getting serious about renewable energy. In April 2012, the White House announced the Defense Department was making one of the largest…

Devon Sells Canadian Conventional Assets for $2.8 Billion

Feb 24, 2014 at 16:49

US oil producer Devon Energy will sell the bulk of its conventional assets in Canada for around $2.8 billion in cash to Canadian Natural Resources. The sale—expected…

Japan Hints at Nuclear Safety Resolution

Feb 24, 2014 at 16:42

Some two weeks after a “pro-nuclear” victory in the Tokyo gubernatorial elections, Japan’s nuclear regulator has indicated that it may be close to a decision on whether one or more…

Four Countries that Could Send Oil Prices Up

Feb 24, 2014 at 09:38

The week of February 17 has been a violent one, with protests, intense political unrest, and many casualties in several countries around the world. Protestors in Ukraine are stealing the…

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