Oil prices remain under pressure…
A report by GlobalData reveals…
Here’s fun fact: the world’s deepest manmade hole goes 15 kilometers into the ground. They stopped drilling at the 15th kilometer because it got too hot at the bottom…
The flaring and venting of natural gas in the U.S. continues to soar, reaching new record highs in recent months. The volume of gas that was burned or simply released…
Royal Dutch Shell has signed a US$10-billion revolving credit facility, and the interest and fees paid on it will be linked to the company’s targets to reduce its carbon footprint,…
Many people have the impression that recessions come from financial missteps, such as the US subprime loan fiasco. If energy is involved at all, the problem comes from high oil…
In early trading on Friday, oil prices hit a three month high on positive trade war and geopolitical developments. (Click to enlarge)
U.S. West Texas Intermediate crude oil futures are barely holding on to their marginal weekly gains early Friday as confusion has set in over whether there is a trade deal…
Friday December 13, 2019 1. OPEC+ cuts deeper- OPEC+ agreed to cut output by an additional 500,000 bpd last week. Overall,…
Market Movers - Saudi Aramco hit $2 trillion on its second day of trading Thursday, but let’s not get overly excited. Yes, it’s bigger than Apple, technically, but it’s a…
About every other week you will hear something along the lines of “oil hits such-and-such a high as fear of trade war resides”, or “oil drops again over trade war…
On October 18th, I wrote a piece here suggesting buying natural gas futures (NG) at around $2.35. That was based on a major technical signal known as a golden cross,…
The US oil and gas rig count was unchanged this week, according to Baker Hughes, staying at 799 rigs for the week, according to Baker Hughes, but the number of…
Oil prices rose on Friday to their highest level since mid-September as a ‘phase one’ trade deal between the world’s two largest economies, the United States and China,…
The Russian bear is a decidedly different animal. Even as the oil price outlook has become clearly bearish, Russia knows little fear. It’s defying the oil price hibernation with bullish…
Is the battered energy sector about to stage a major turnaround, or are contrarian investors trying to catch a falling knife? That’s the million-dollar question at the forefront of every…
Chances are, you’re wearing fossil fuels right now--and for the record, you look great. Chances are, Greta Thunberg is getting ready to push her ‘flight-shaming’ campaign into the realm of…
Newer wells in the Permian see their oil and gas production declining much faster than older wells, and operators will need to drill a large number of wells just to…
Exxon investors’ long-time suffering may end in the New Year. Oil and gas giant ExxonMobil (NYSE: XOM) could soon go from bleeding cash to gushing profits, with some serious upside. …
A massive work of infrastructure has just been brought online, and its geopolitical implications are explosive. Last week, the presidents of Russia and China jointly inaugurated one of the…
As the new year promises to ring in what most suspect will be lackluster oil demand and moderate oil prices despite OPEC’s beefier production cuts, oil auctions for the upcoming…
Chevron said that it would write down $11 billion in assets in the fourth quarter, much of which is tied to natural gas in Appalachia. The impairment is a sign…