The U.S. government has allocated…
Apache, Marathon Oil Corp. and…
For our last column of 2017, let’s take a look at 2018 – and see what might be in store for oil and oil stocks. There isn’t an analyst who…
Friday December 22, 2017 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
While Washington was busy saber-rattling, Russia was busy deploying soft power to strengthen its hold on Venezuela. Russia’s Rosneft is expanding its presence in Venezuela: the company recently signed contracts…
Volatility has been low this week with market liquidity drying up ahead of the Christmas and New Year breaks, but the U.S. West Texas Intermediate and international-benchmark Brent crude oil…
The oil market has remained relatively quiet ahead of the holidays, despite the EIA suggesting increased production in the U.S. (Click to enlarge)
The number of active oil and gas rigs rose this week, according to Baker Hughes data, increasing by 1 rig, for a total of 931 rigs currently in operation…
It’s that time of year when we flip our calendars to a new start. For pundits like me, it’s customary to make a listicle about the year to come –…
The oil industry discovered the least amount of oil in 2017 in almost eight decades, breaking the previous record low set in 2016. The global oil industry has discovered less…
In one particularly harrowing scene in the movie the Shawshank Redemption, Tim Robbins asks the brutish prison guard whether he trusts his wife. A question that nearly costs him his…
Toyota Motor Corp. is making a serious commitment to bringing electrified vehicles into its fleet. The move goes against the widely held perception that the Japanese automaker was taking a…
For OPEC, U.S. shale oil is a curse. For the Trump administration, it is the biggest tool to help achieve what the White House has dubbed energy dominance. There are…
Saudi Aramco has held early talks to buy a stake in a U.S. company and has inquired about potentially acquiring assets in the two biggest U.S. oil and gas shale…
Chinese natural gas consumption surged through the first 11 months of 2017, up 19 percent year-on-year. China is the third largest consumer of natural gas in the world, behind the U.S.…
The University of Waterloo researchers breakthrough involves the use of negative electrodes (the anode) made of lithium metal, a material with the potential to dramatically increase battery storage capacity.…
When it comes to the story we're being told about America's rosy oil prospects, we're being swindled. At its core, the swindle is this: The shale industry's oil production forecasts…
Several key outages have left the oil markets anxious despite a promising start to the week. Analysts are keeping a close eye on both Nigeria and Venezuela as political instability threatens to…
Improving oil prices narrowed Saudi Arabia’s budget deficit from 12.8 percent last year to 8.9 percent this year, and now Riyadh is expected to announce an increase in spending for…
The demise of the North Sea doesn’t necessarily mean the end of Norway’s petroleum era—far from it. Still, despite significant reserves in the Barents Sea, Norway is about to embark…
After years of setbacks and delays, China may be days away from launching a yuan-priced crude oil futures contract to make its currency more international and challenge the dominance of…
I have never subscribed to the Bitcoin craze. In my opinion, it is a massive pyramid scheme that is rapidly creating a dangerous bubble. The kind of dangerous bubble we…