Canada's attempt to maintain its…
Despite the global push for…
Over the last month or two, I have, on multiple occasions, expressed the view that the failure of WTI to establish itself above the $60-$62 level…
IntroductionLatin America is a major player in the world of oil. Brazil and Venezuela dominate the continent’s position in oil production, and continue to…
The EIA publishes every possible energy stat for the USA and hardly anything for the rest of the world. Well, anything current for the rest of…
Who ever said there wouldn’t be any news coming out of the OPEC meeting in Vienna this week? In a surprise announcement, Indonesia has decided to…
If the West and Iran can sign a comprehensive agreement that leads to the removal of sanctions on Iran, how will OPEC respond to the prospect of a flood of…
Mexico and Brazil, two of Latin America’s energy giants, are considering the possibility of joining forces. On May 27, Brazilian President Dilma Rousseff announced that…
Investors in oil stocks are finding out lately just how painful an oil supply glut can be. At a time like this though, one key for…
The U.S. rig count dropped by 10 rigs this week after only falling by 3 last week. No doubt some analysts will say that this increase…
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…