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Leonardo DiCaprio Meets With Trump To Discuss Creation Of Millions Of Green Jobs

Dec 08, 2016 at 10:20 | ZeroHedge

In one of the more unexpected visits to take place to the penthouse at the Trump Tower on Wednesday, Leonardo DiCaprio and the head of his foundation met with President-elect…

The End Of The Bust? U.S. Shale Patch Could Start Hiring Soon

Dec 07, 2016 at 16:04 | Irina Slav

More than 150,000 jobs in the oil and gas sector in the U.S. have been cut since the start of the oil price crisis in mid-2014. In just the…

EIA Reports Crude Inventory Draw Amid Rising Doubts On OPEC Deal

Dec 07, 2016 at 09:43 | Irina Slav

As doubts about the effectiveness of OPEC’s production cut deal continue to rise, the EIA reported a 2.4-million-barrel fall in commercial inventories for the week to December 2. The…

Oil & Gas Stocks Soar On OPEC Deal – Can The Rally Continue?

Dec 06, 2016 at 16:20 | Zainab Calcuttawala

The markets are reacting to the Organization of Petroleum Exporting Countries’ (OPEC) planned production reduction not just in oil price spikes, but stock prices, too—giving the deal the power to…

Venezuela’s Maduro Praises The OPEC Deal, But How Good Is It Really?

Dec 06, 2016 at 15:49 | Tsvetana Paraskova

Nicolas Maduro, the Socialist president of recession-hit and hyperinflation-stifled Venezuela, was the most vocal supporter and promoter of an OPEC deal to reduce oil supply in a bid to lift…

Permian - Hottest Oil & Gas Zip Codes, Or Dangerous Bubble?

Dec 06, 2016 at 15:47 | Laura Freeman

It is a very frustrating deal market in O&G overall. Despite the collapse in oil prices from a couple years ago the deal flow is still very slow, the buyer/seller…

Oil Rally Hits The Wall As Markets Grow More Skeptical Of OPEC Deal

Dec 06, 2016 at 14:00 | Evan Kelly

After rallying to 16 month highs on the back of the OPEC output deal, oil is falling as a result of record OPEC production, complicating the proposed cuts.

OPEC Winners: Iran Brags It Can Now Sell As Much Oil As It Wants

Dec 06, 2016 at 13:15 | Tsvetana Paraskova

Iran is now able to sell as much oil as it wants and to any country it “deems appropriate”, the oil ministry’s news service Shana quoted Iranian President Hassan Rouhani…

Oil Dips – Is This The End Of The OPEC Rally?

Dec 06, 2016 at 11:28 | Matt Smith

The crude complex is finally taking a breather after the recent OPEC-sponsored rally. We're now faced with the juxtapositioning of rising OPEC output versus promised cuts; something which could well…

IEA Chief Expects OPEC Deal To Work

Dec 06, 2016 at 10:11 | Irina Slav

Fatih Birol, the executive director of the International Energy Agency, expects oil’s fundamentals to regain balance soon, thanks to the output cut deal agreed by OPEC last week. His opinion…

How Russia Outsmarted OPEC

Dec 05, 2016 at 16:39 | Irina Slav

OPEC’s historical deal to cut production has been sealed, and oil prices have jumped as a result, comfortably above the $50 per barrel mark. According to Lukoil’s vice president,…

Dakota Pipeline Activists Shouldn’t Celebrate Just Yet

Dec 05, 2016 at 14:56 | Zainab Calcuttawala

As environmentalists, Native Americans and those opposed to the Dakota Access pipeline (DAPL) celebrated the White House’s denial of a construction permit to Energy Transfer Partners (ETP) this weekend, North…

OPEC November Production Hits Record Highs

Dec 05, 2016 at 12:40 | ZeroHedge

The greatest trick OPEC ever pulled was convincing the world to buy oil even as production kept rising to new all-time highs. Case in point, just out from Reuters: o…

Strong Buying Continues To Fuel Oil Rally

Dec 05, 2016 at 12:01 | Matt Smith

It is International Ninja Day, and oil is stealthily climbing higher to another daily gain. As OPEC optimism abounds, prices push higher for a fourth consecutive day to start the…

Here’s How Close Of A Call the OPEC Deal Really Was

Dec 05, 2016 at 09:47 | Tsvetana Paraskova

The day before OPEC reached a deal on reducing oil output, Saudi Arabia had tried to gauge the market reaction to a possible no-deal with some of the biggest global…

Is The Pain Finally Over For Oilfield Services?

Dec 02, 2016 at 17:41 | Zainab Calcuttawala

As the Baker Hughes rig count ticks upwards, oilfield services providers (OFS) are seeing a much-awaited revenue rebound in the heart of the United States’ most prominent drilling areas. Spending…

Big Oil Earnings To Explode In 2017

Dec 02, 2016 at 17:40 | Rakesh Upadhyay

The energy sector has been outperforming other sectors among the S&P 500 companies this year, with a gain of 21.79 percent year to date. Now the question is whether…

Natural Gas Prices At Highest Level In Two Years

Dec 02, 2016 at 17:37 | Nick Cunningham

Amid all the headlines about Donald Trump and OPEC, very few news outlets noticed the remarkable increase in natural gas prices in November. Gas futures for front month delivery gained…

Canada Fires Up Drilling Rigs On News Of OPEC Deal

Dec 02, 2016 at 17:31 | David Yager

Today marks the end of what has been one of the best weeks in two years for positive news for Canada’s battered upstream oil and gas industry. Obviously, the OPEC…

The Diamond Powered Battery Of The Future

Dec 02, 2016 at 17:26 | Michael McDonald

One of the major problems of nuclear waste is that it is… well waste. A new development by a team of physicists and chemists at the University of Bristol may…

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