The development of new oil…
The FTC is expected to…
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…
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…
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 ratchet up production, taking market share away from U.S. shale producers. According to OPEC’s latest monthly oil report, Saudi Arabia boosted…
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…
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.
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…
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…
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…
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…
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.
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…
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 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…
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…
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…
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…
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…
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…
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…