Replacing diminishing reserves and guaranteeing domestic energy security are two of Indonesia’s policy priorities. As such, oil and gas exploration and development are key areas in which the government is…
Embattled Papua New Guinea (PNG) Prime Minister Peter O’Neil resigned on Wednesday, putting the country’s LNG development and a preliminary deal with French oil and gas major Total in…
Oil is sometimes referred to as ‘black gold' while cotton is often called ‘white gold'. Now, with the global fight against climate change taking off, a similar interest is growing…
Oilfield service (OFS) companies have lost their luster, given the malaise that hangs over the oilfield service space at the present. Quite simply, the OFS space needs a catalyst to…
Preliminary data released on Thursday by Japan’s Ministry of Finance showed that the country’s crude oil imports from Iran dropped 42 percent month-on-month to 169,100 barrels per day (bpd)…
For over a decade Qatar has been the world’s leading supplier of liquefied natural gas (LNG), and by 2024 the country aims to strengthen its share in the market and…
Oil prices continued to plunge on Friday morning after U.S. President Trump announced new tariffs against Mexico, forcing its southern neighbor to take harsher measures against illegal immigration
Oil & Gas: Cheap Tricks As of this week, we are the proud producers of “freedom fuel”, the successor, it would seem, to “freedom fries”; or going back to the…
Friday May 31, 2019 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
Inversion is back in the news. Treasury yields have been falling dramatically over the last week or so, with yield on the 10-Year Treasury Note falling to below 2.2% for…
Deals, Mergers & Acquisitions• Canadian Utilities will sell all its fossil fuel-powered generation capacity for $835 million to Heartland Generation, a company affiliated with Energy Capital Partners. The…
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading lower on Friday amid an escalation of geopolitical events that have raised concerns over the strength of the…
The the number of active oil and gas rigs rose slightly in the United States this week according to Baker Hughes, after a string of losses in the weeks prior,…
OPEC’s oil production dropped to a 2015 low of 30.17 million bpd in May, as a major 200,000-bpd increase in Saudi Arabia’s production was unable to offset an even larger…
After finishing at a three-month low on Thursday, oil prices continued to slide on Friday morning and are on course to end the month of May with the largest monthly…
Last year, ahead of the return of U.S. sanctions against Iran, there was speculation that Washington could use crude oil from the U.S. Strategic Petroleum Reserve to cushion the blow…
Chevron sold off much of its assets in the North Sea, no longer viewing the region as a high priority. Ithaca Energy, backed by Israel-based Delek, agreed to buy Chevron…
Andrew Scheer—leader of Canada’s Conservatives who are currently in opposition but leading Liberals in the polls ahead of the October federal elections—has recently outlined his vision for Canada that…
Moore’s Law might be dead, but Swanson’s Law remains alive and well. Swanson’s Law is the observation that solar PV panels tend to become 20 percent cheaper for every doubling…
A press release from the U.S. Department of Energy would not typically receive a lot of attention. But DOE issued a statement on May 28 in support of an…