Russia’s Lukoil has reportedly halted all oil supplies to Ukraine’s Kherson refinery in Odessa ostensibly over unpaid debts as political chaos engulfs the country with the refinery’s director and…
In June 2013, Russia’s oil giant Rosneft formalised a deal with the China National Petroleum Corporation (CNPC) to supply the Chinese market with 26 billion barrels of oil over…
French oil giant Total SA is planning to sell its 10% stake in the Shah Deniz II gas field in Azerbaijan, making it the second major to downsize in…
The brewing war in Ukraine has quickly reverberated through the markets, sending stocks down and commodities up. Tension heightened over the weekend with Russia’s move to send troops to Crimea…
I've been particularly surprised lately at one segment of the resource markets. The natural gas liquids sector, and the surging export trade that's been developing out of the U.S.
On February 27th, China’s Ministry of Environmental Protection (MEP) approved the construction of two new nuclear reactors in the eastern coastal province of Shandong. The plan calls for the…
With much of the political violence in Ukraine subsiding, European leaders said they were ready to help a new government address lingering energy woes. It won't be an easy fix,…
An oil tanker hijacked for a week off Angola last month has been returned to the authorities, but not before hijackers managed to siphon $8 million worth of diesel…
On 20 February, Chinese President Xi Jinping, hosting Senegalese visiting President Macky Sall in Beijing said, "In 2013, Chinese-African trade surpassed $200 billion for the first time, making China Africa's…
Texas-based Noble Energy of Israeli gas discovery fame is now looking to sell off its majority stake in an oilfield off northeastern China that launched commercial production more than a…
Hedging is a concept too often misunderstood, or worse, badly executed. To many investors and traders, a hedge simply consists of a trade that directly opposes their main position. They…
Residents of on East Coast of the U.S. are surely eager for spring to arrive after what has been a brutal winter. It seems like every week we are digging…
Somalia, not so fastInvestors contemplating a potential move on Somalia are wise to consider that while this is the first time since a 20-year civil war and state…
25%. Interest that major petroleum player Petronas is selling in the Pacific North West Liquefied Natural Gas (LNG) development in British Columbia, Canada.The firm said this week it…
This week we are turning our attention to Venezuela, where the worse unrest in 10 years is being marked by violent clashes in Caracas between police and anti-government demonstrators led…
The recent hijacking of a ship off the coast of emerging oil darling Angola, and the apparent heist of $8 million in fuel, helps us trace how piracy on…
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…
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…
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…
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…