Canada faces an escalating threat…
Despite some crude inventory builds…
The world’s biggest spenders on oil and gas assets have suddenly become extremely thrifty – and the world is taking notice. The last decade saw China’s biggest national oil companies…
President Obama was not among the heads of state at the inauguration of incoming President Muhammadu Buhari on May 29, 2015. However, in his private conversations…
The Mexican government softened some rules on the bidding process for new oil tracts in an effort to placate private oil companies who had complained about…
This week starts with a refreshing call by Deutsche Bank (DB), which basically encapsulates my view on the E&P group. Notwithstanding the valuation issues in the…
In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions on…
It's open warfare on the oil stocks. They've all been painted with a black brush and the worst splotches have been sprayed by hedge fund kings David Einhorn and Jim…
When the names of the companies approved to bid on the newly available Mexican oil leases were released this week the list contained little of any real use to potential…
What did I tell you? The EIA has done it again. First, it is important to remember that weekly EIA production numbers are just estimates (except…
With major setbacks in the fight against ISIS in Iraq, the Obama administration has been faced with questions about its strategy. Rather than making progress…
Shell’s Arctic campaign this year will be pivotal. If the company cannot find large reserves of oil, it will likely set back Arctic oil development for…
As it appears GDP will be seasonally adjusted again, I find myself wondering just one thing: why? Earlier GDP figures showed the US economy on the…
There is no shortage of surprises in the world of oil. Nobody anticipated the rush of oil supplies that would come online in such a short…
More than a dozen people were killed as massive rain storms hit Texas, flooding large swathes of land across much of the state. The storms…
Investing in the energy industry right now can be scary. On the one hand, oil prices have been extremely volatile and look likely to stay that way. On the…
The deadline for a comprehensive deal between Iran and the P5+1 nations is quickly approaching, with the outcome no more certain than it was a few months ago.Negotiators…
China, the fourth largest oil producer in the world (behind the U.S., Saudi Arabia and Russia) is undoubtedly one of the biggest stakeholders in the global oil and gas markets.…
Forecasts from the IEA and Goldman Sachs this week are trying to say that crude barrels are still overpriced – but the market isn’t listening. I’ve…
Economics 101 tells us that prices in a free market are set by the interaction of supply and demand. The world oil markets have gotten a graphic lesson in that…
In a move that could shake up the dynamics of the global oil and gas industry, the desert Kingdom is restructuring its national oil company, Saudi…
We need an updated strategy if we’re staying in the oil game. Not a new one, mind you – the plan I’ve laid out for the long-term trends in oil…