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 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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
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 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…
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…
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.…
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…
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…
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…