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Bad News From China Could Be The Harbinger For Lower Oil Prices

Bad News From China Could Be The Harbinger For Lower Oil Prices

Despite some industrial sector gains,…

Four Unexplored Indian Basins May Hold More Oil Than The Permian

Four Unexplored Indian Basins May Hold More Oil Than The Permian

Four largely unexplored sedimentary basins…

Energy / Crude Oil

Roman Abramovich Invests $15M In New US Fracking Technology

Feb 23, 2015 at 18:22 | James Stafford

Are the Russians coming to Texas riding the tailwinds of fracking? That depends on who you ask, as some believe Russian forces were behind the anti-fracking…

The Easy Oil Is Gone So Where Do We Look Now?

Feb 23, 2015 at 18:04 | Andrew Topf

In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil demand…

Recent “Bomb Trains” Expose Regulatory Failures

Feb 23, 2015 at 17:54 | Nick Cunningham

The latest oil train derailments could force the federal government to tighten the regulatory screws further than they had planned. The train disasters in Ontario and…

Surprising Numbers From Texas RRC Oil & Gas Report

Feb 23, 2015 at 17:37 | Ron Patterson

Texas has released Oil & Gas Production Data Query with its (incomplete) production numbers for December 2014. The numbers were quite surprising. The last data…

Despite The Risks Oil Shipments By Rail Have To Continue

Feb 20, 2015 at 16:01 | Robert Rapier

By now you have probably heard that a CSX (NYSE: CSX) train carrying Bakken crude from North Dakota’s shale oil fields derailed and caught fire. The…

One Player That’s Not Headed Off A Cliff

Feb 20, 2015 at 14:48 | Dan Dicker

EOG Resources, despite their first miss in 8 quarters, has proven again it is best of breed of the shale players with its declared strategy for…

How To Profit From Oil Industry Mistakes

Feb 20, 2015 at 14:04 | Editorial Dept

Introduction Legal proceedings dealing with the disastrous Deepwater Horizon blowout in April 2010 are nearing an end, with BP (NYSE: BP) likely on the hook for…

Could Venezuela Become World’s Next Energy Giant?

Feb 19, 2015 at 16:45 | ISN Security Watch

How can Venezuela use its vast oil reserves to enhance its economic security and become a major player in global energy markets? Samir Tata thinks that…

Latest EIA Report Confirms What We Already Suspected

Feb 19, 2015 at 16:29 | Ron Patterson

The EIA just released their International Energy Statistics with world production numbers through October 2014. There were no big surprises in this report.

EIA Inventory Announcement Scuppers Oil Rally Hopes

Feb 19, 2015 at 12:03 | ZeroHedge

Between European uncertainty and last night's massive API inventory build (14.3mm barrels), Brent and WTI crude was sliding into today's inventory data - well off the…

OPEC Production Cut May Not Be Needed After All

Feb 18, 2015 at 16:29 | Arthur Berman

U.S. tight oil production may fall 600,000 barrels per day by June 2015 based on reasonable projections of current rig counts. I compared the decrease in…

US Oil Production Could Provide A Few Surprises

Feb 18, 2015 at 15:49 | Matt Smith

The current US oil market is in the midst of a slugfest reminiscent of a Rocky fight, as competing…

What On Earth Are We Doing Looking For Oil In The Arctic?

Feb 17, 2015 at 17:19 | Colin Chilcoat

Shell is back in; Statoil is pensive, but eager; and Russia is pushing ahead. Low prices have stunted exploration, but the Arctic is still…

Will Texas Survive The Downturn?

Feb 17, 2015 at 17:10 | Parker Hallam

Here are some staggering statistics: Texas alone produces about 20-percent of all oil and gas in the United States. The sum-total of Lone Star oil and…

Surprising Production Numbers From North Dakota

Feb 17, 2015 at 17:03 | Ron Patterson

The North Dakota Industrial Commission has released the Bakken and North Dakota monthly production numbers for December 2014. There was a bit of a surprise…

Libya Oil Output Plunges Amid Heightened Violence

Feb 16, 2015 at 18:05 | Nick Cunningham

Libya’s oil fields and infrastructure have come under attack multiple times over much of the last two years, but events have recently taken a turn for…

How Obama Could Turn The Keystone Debate To His Advantage

Feb 16, 2015 at 17:57 | Robert Berke

If you listen to the arguments for and against the Keystone Pipeline, you’re likely to come away thinking that either this pipeline is America’s greatest blessing or the world's greatest…

Oil In Global South Under The Gun

Feb 16, 2015 at 12:27 | Editorial Dept

Oil and gas companies are paring back investments and slashing jobs, which is taking an enormous toll on oil-producing regions, particularly in North America. But it…

As Rig Count continues To Fall, Production Soars To Record Highs

Feb 13, 2015 at 16:13 | ZeroHedge

Despite the dramatic plunge in rig counts, this week saw yet another surge in production to record highs and with storage levels getting close to full, it would seem -…

Can Technology Save Fracking?

Feb 12, 2015 at 16:14 | Colin Chilcoat

The meteoric rise never felt sustainable – the numbers told us that. In 2013, US shale was responsible for approximately 20 percent of world investment in oil, while only…

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