The reason that investors have…
Oil prices have settled around…
As American solar power surged in the third quarter of 2016, adding the equivalent of 1 MW every thirty-two minutes, American wind power continued its equally-rapid expansion. The difference,…
Renewable energy is a hot topic amongst developed and developing countries across the world, but the accessibility and affordability for the poorest nations remains a significant challenge for ‘green’ power.…
Politicians routinely denounce the deterioration of America's infrastructure while skimping on funding needed improvements. The American Society of Civil Engineers (ASCE) issues an infrastructure report card every four years and…
If you needed a better invitation to get long oil stocks for the next two years, the naming of Exxon Mobil (XOM) CEO Rex Tillerson as Secretary of State couldn’t…
This will be my last article of 2016 as I am taking a couple of weeks off to return to England and spend Christmas with my family. I mention that…
Friday December 16, 2016 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…
• Oil bulls were all smiles this past weekend when non-OPEC producers lead by Russia agreed to cut production by more than 550k bpd for a six-month term beginning in…
Oilfield services provider Baker Hughes reported a 13-rig increase this week to the number of oil and gas rigs active in the United States, bringing the total number of…
Saudi Arabia surprised the world by helping to engineer an unexpectedly strong agreement from OPEC members to cut production by 1.2 million barrels per day, followed by additional…
In a sensational report last week, Russia announced a block-buster deal, the long planned privatization sale of nearly 20 percent of government held shares in the oil giant Rosneft, to…
The drilling segment of the oil and gas industry has suffered more than its fair share of trouble since the oil price crash began in 2014. Unlike upstreamers and refiners,…
For evidence that the world is changing, one need look no further than Saudi Arabia. It’s been a good century for the Saudis in general. Having come from the lowest…
Earlier this week, Yahoo reported that more than one billion user accounts were compromised and data stolen in a hack by an unauthorized third party in August 2013, in…
The energy markets are starting to recover from their multi-year swoon, but there may be a bigger change ahead. It’s starting to look like the rise of self-driving vehicles is…
Yesterday's decision by the Federal Reserve to raise interest rates has inadvertently put concrete boots on the crude complex, sending it lower amid a soaring U.S. dollar. Hark, here are…
Statoil ASA, (NYSE:STO) the Norwegian-owned oil and gas major, does not believe that it has a future in the Canadian oil sands. Citing concerns over profitability, the company said on…
Nigeria is producing around 1.8 million barrels of oil daily, up from an average 1.63 million bpd in the third quarter of the year. The current rate of production…
Demand for OPEC crude next year will be slightly higher than the supply OPEC has pledged, and together with the promised non-OPEC cuts, this is expected to speed up the…
The news that Rex Tillerson, Exxon’s CEO, is Donald Trump’s official pick for the Secretary of State chair has sparked an outrage among Democratic and Republican legislators alike, both…
The major news out of Trumpland this week was his selection of ExxonMobil CEO Rex Tillerson to lead the State Department. Tillerson has sparked a bit of backlash, mainly revolving…