The total number of active…
The total number of active…
The soon-to-be leaner Shell is set to reduce its overall geographic footprint and focus on going deeper, instead of farther. Shell’s chief executive Ben van Beurden outlined…
The EIA’s Short Term Energy Outlook is out. The data is in million barrels per day.…
With the release of Canadian banks’ second-quarter results, investors are beginning to measure the impact of the oil price collapse on the domestic financial industry. Widespread are the…
At this point, Bakken barely remembers what a drill bit looks like, and the shale boom that once dug at its landscape is now a fleeting memory. Almost…
This week’s key data from the oil and gas industry shows that outages in Nigeria and Canada, as well as a weakening dollar, have seen oil prices move past the…
Five hundred and twenty-two years after the Treaty of Tordesillas was signed, dividing Spain and Portugal, and crude is also in new territory today. As the gruesome twosome…
Late Monday, the Saudi Arabian cabinet gave its approval to the National Transformation Program, a plan aimed at diversifying the kingdom’s economy and steering it away from…
Last week saw the first significant increase in the number of active drilling rigs in the U.S. since the start of this year, suggesting that optimism is…
Tiny oil rich Norway might be the last country one would expect to give a huge boost to Tesla, yet it appears that the wealthy Nordic nation is…
The upcoming Cyprus bid round may be one of the best opportunities of the year — to build a new oil and gas empire. When the tiny Mediterranean…
With Saudi Riyal forwards plunging back below 3.81, dramatically weaker than the current peg, Bloomberg reports that Saudi authorities are cracking down on currency traders as speculation…
One hundred and thirty-four years after H.W. Seely patented he first electric iron, and the crude complex is unable to get rid of the wrinkles from supply concerns.…
Traditional rivals, Saudi Arabia and Iran, continue to fight to prove their supremacy in OPEC. Neither gives up an opportunity to hurt the other, whenever and wherever they…
Low energy prices have hit the American energy sector hard, with mounting debt and low profits leading to higher rates of loan delinquency and bankruptcies among oil and…
Dean has provided me with his latest update for Texas Oil and Natural Gas production. Texas C+C output has increased slightly over the first 3 months of 2016.
Friday, June 3, 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…
Politics, Geopolitics & Conflict After Turkey’s infamous downing of a Russia jet at the height of the Syrian conflict, Russia flooded the news networks with ‘evidence’…
July crude oil futures are in the process of posting an inside move on the weekly chart. To non-chart watchers, it means the market failed to produce a…
In this week’s key data for the oil and gas industry, we continue to see a decline in U.S. crude inventories and gasoline stocks while U.S. production keeps on following…
Seventy-four years after the birth of Curtis Mayfield, and oil prices are struggling to move on up, despite a wilting dollar due to a shocker of a U.S. jobs report.…