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Energy / Crude Oil

Some Good News From This War-Torn Nation’s Oil Industry

May 14, 2015 at 10:59 | Charles Kennedy

Libya has been torn apart from violence and political instability, and its oil sector has been severely impacted as a result. But amid all the…

Could This New Business Model Save Fracking?

May 13, 2015 at 13:55 | Michael McDonald

The hallmark of the fracking revolution in the US has always been persistent technological progress. Fracking only became possible as a result of technology pioneered by U.S. companies like Continental…

OPEC Output Up, U.S. Shale Down

May 13, 2015 at 12:03 | Ron Patterson

The OPEC Monthly Oil Market Report is just out with crude only production numbers for all OPEC countries for April 2015. 

Saudi Arabia Continues To Turn Screws On U.S. Shale

May 12, 2015 at 16:53 | James Stafford

Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers. According to OPEC’s latest monthly oil report, Saudi Arabia boosted…

Alberta Election Result Changes Little For Oil Industry

May 12, 2015 at 16:27 | Andrew Topf

Talk about getting kicked while you're down. The Alberta energy industry and all those who depend on it for their livelihoods woke up to a frightening…

This Tiny Nation Could Have Huge Oil And Gas Potential

May 12, 2015 at 09:55 | Dave Forest

You won't hear anything about this nation today when it comes to petroleum exploration. But it's a place that might become a key story for oil and gas projects soon.

Oil Rigs Down Almost Universally

May 11, 2015 at 16:27 | Ron Patterson

All rig count data is provided by Baker Hughes. All monthly charts are oil rigs only. Gas rigs are not included in the count. The last data point for…

Which Nation Just Became The World's Top Crude Importer?

May 11, 2015 at 10:22 | Dave Forest

The item in question: a new report showing that China just became the world's top oil importer.According to the Financial Times, Chinese trade data revealed that crude imports…

How Much Longer Can The Oil Age Last?

May 08, 2015 at 17:23 | Gaurav Agnihotri

History has been so fascinated with oil and its price movements that it is indeed hard to imagine our future without oil. Over the last few months, we have witnessed…

Why Shell Isn’t Giving Up On The Arctic Just Yet

May 08, 2015 at 16:23 | Editorial Dept

IntroductionAs summer approaches, Arctic sea ice will start to melt away. That will open up the region for oil and gas exploration. In American waters, Royal Dutch Shell…

Germany Getting In Early On This Major New Oil And Gas Opportunity

May 08, 2015 at 10:45 | Dave Forest

I've discussed before how one out-of-the-way nation is shaping up as a major petroleum opportunity. And this week we got confirmation that some important global players are moving to capitalize.

ISIS Still Hampering Iraqi Oil Industry Progress

May 08, 2015 at 10:30 | Charles Kennedy

The U.S. military is helping Iraqi forces pushback ISIS at a vital oil refinery.The Baiji refinery is located between Kirkuk and Mosul, and it has been the target…

One Industry Cashing In Big On Cheap Oil

May 06, 2015 at 11:29 | Charles Kennedy

Low oil prices in recent months have led to boom times for the tanker industry.Oil and refined products (gasoline, diesel, jet fuel) are carried on special tankers called…

Shell’s Arctic Ambitions Held Up In Seattle

May 05, 2015 at 17:17 | James Stafford

Shell’s ambitious plans to finally return to the Arctic face yet another hurdle, one that could delay drilling once again.Shell is using the port of Seattle as its…

A Potentially Massive Win For Fracking In Texas

May 05, 2015 at 16:35 | Andy Tully

Gov. Greg Abbot’s signature is all that’s needed to impose a ban on the ability of Texas’ cities to limit potentially harmful oil drilling practices, including hydraulic fracturing, in their…

The Return Of Peak Oil – Worrying Signs From U.S. And Russia

May 05, 2015 at 12:34 | Ron Patterson

Since around 2005 many countries have increased their oil production but more have decreased. But the combined production of the United States and Russia have kept the world on a…

This Deal Could Completely Change North American Energy Dynamics

May 04, 2015 at 16:42 | Alexis Arthur

The United States is edging towards an historic agreement to swap crude oil with Mexico. The deal is important as it brings some relief to US producers struggling with a…

Four Key Catalysts To Watch In The Oil Sector

May 04, 2015 at 15:22 | Matt Smith

Just as there is a consequence to every action or two sides to every story, there are contrasting repercussions due to the precipitous oil price drop…

Is It Time To Get Back In?

Apr 30, 2015 at 18:06 | Dan Dicker

This is getting frustrating. Oil stocks are acting like there’s a bull market in force, or soon to be in force – yet oil is still…

Time To Dip A Toe Back Into The Ocean

Apr 30, 2015 at 18:04 | Martin Tillier

Investors are generally better off paying little attention to weekly oil inventory and production figures. They can cause an immediate reaction in the oil markets, but…

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