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Article Archive | Page 1490

Why Following EIA Forecasts is Dangerous for the US

Jan 24, 2014 at 17:01

Think back to early 2004. Oil cost around $40 per barrel—on the high side compared to the previous few decades but not much out of the ordinary. Gasoline still cost…

US Refiner Valero Outperforms

Jan 24, 2014 at 16:56

US refiner Valero Energy Corporation has announced an increase in quarterly dividends as the company outperforms analysts’ expectations. Valero announced an 11.1% increase in its quarterly dividend,…

Time to Play the Natural Gas Rally?

Jan 24, 2014 at 16:17

Natural gas can be the most mercurial of commodities, believe me.  In the 20 years I’ve watched it trade, it can be the most difficult to understand and predict.  Weather…

This Might Be The World’s Lowest-Cost Oil

Jan 24, 2014 at 16:13

Quick, what do the following three events from last week have in common?1)    Shell warning on lower-than-expected profits for the past quarter2)    India raising its domestic…

The Iran Momentum: Hard to Slow, Hard to Control

Jan 24, 2014 at 16:12

Iranian officials are now beginning the suspension of production of 20% enriched uranium, under a six-month agreement that will give Iran increased access to funds held overseas (over $4 billion…

Turkey Energy Advisory

Jan 24, 2014 at 16:10

We have had some requests from Oil & Energy Insider subscribers to evaluate the situation for foreign E&P companies operating in Iraqi Kurdistan and the potential impact the Turkish political…

Oil Market Forecast & Review 23rd January 2014

Jan 24, 2014 at 15:54

After two weeks of consolidation, March crude oil futures surged to the upside, changing the main trend to up on the daily chart, but making a little more than a…

This Week in Energy: At the Crossroads of Japan’s Energy Future

Jan 24, 2014 at 13:58

Japan’s 9 February gubernatorial elections are being billed largely as a referendum on the fate of the country’s nuclear energy future—an election that will shape the debate on whether Japan…

They Say This Is The Next Nation For Shale

Jan 24, 2014 at 08:57

One of the biggest questions in the resource business has been: where in the world will shale gas and oil catch on next?One group of analysts last week…

Rising Costs Hit Balance Sheets of Major Oil Companies

Jan 23, 2014 at 17:24

Quarterly earnings for Royal Dutch Shell have declined sharply due to large expenditures, delays, and lower than expected production. The oil-giant reported that it expects fourth quarter earnings from 2013…

Report Says Clean Coal Tech Not Present-Day Reality

Jan 23, 2014 at 17:21

A new report compiled in consultation with the White House and a pool of clean-energy experts suggests that clean-coal technology is too embryonic to use as a base for America’s…

All Eyes on Implementation of Mexican Oil Reform

Jan 23, 2014 at 17:17

Mexico’s Congress is debating and drafting secondary laws to implement a sweeping energy reform bill passed last month that will open up the market to international oil and gas companies.…

Why Long Term Energy Forecasts are Wrong

Jan 23, 2014 at 17:14

What is the correct way to model the future course of energy and the economy? There are clearly huge amounts of oil, coal, and natural gas in the ground.  With…

Ten Trends that will Effect Asia in 2014

Jan 23, 2014 at 17:00

According to the Carnegie Endowment for International Peace, Asia could be in for a turbulent 2014. Today, Evan Feigenbaum outlines the ten key factors – both positive and negative –…

Algeria Ready for Oil and Gas Return

Jan 22, 2014 at 17:02

Algeria announced the launch of a bidding round for more than 30 oil and gas fields in the OPEC member's territory. The solicitation comes a year after terrorists attacked the…

Can Italy Double Its Oil Production?

Jan 22, 2014 at 16:57

Beneath the ancient groves of Italy’s Basilicata region lies something more valuable to modern Italy than olives—oil.  The region represents the “instep” of Italy’s iconic boot and contains the largest…

UAE to Invest $1.2bn in Kurdish Oil

Jan 22, 2014 at 16:53

Majority state-owned UAE national oil company has announced plans to invest some $1.2 billion in the development of a key oil and gas block in the Kurdistan region of Iraq.…

US Sailors Sue for Illnesses they Believe Caused by Fukushima

Jan 22, 2014 at 16:50

On 12 March 2011 the six-reactor Fukushima Daiichi complex, owned by Tokyo Electric Power Company, Inc., approximately 150 miles north of Tokyo, was effectively destroyed by a tsunami that followed…

This Is A New Target For These Oil Heavyweights

Jan 22, 2014 at 08:42

I wrote last week about how India is trying to attract outside investment to its hydrocarbon sector.Reports suggest this may be a two-way street.India's Ministry of…

Winds of Change are Shifting in Arabia

Jan 21, 2014 at 17:04

Throughout the years of the Cold War the oil-rich Kingdom of Saudi Arabia was the stability that kept the tumultuous Middle East in check. The kingdom counted on silent diplomacy…

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