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Energy / Energy-General

Will OPEC Use This Strategy To Defeat U.S. Shale?

Jun 01, 2016 at 17:24 | Salman Ghouri

OPEC’s strategy in the past have been to maneuver its oil production to bring about market stability. However penetration of U.S. shale oil forced them to alter their…

The U.S. Might Soon Lose Its No.1 Position In Petroleum Production

Jun 01, 2016 at 15:11 | Rakesh Upadhyay

In 2015, the U.S. was the largest producer of petroleum and natural gas hydrocarbons in the world by a wide margin, according to U.S. Energy Information Administration…

Oil Industry Drove US Wage Growth. Now that Is Over

Jun 01, 2016 at 15:00 | Irina Slav

A report from Pew Research Center reveals that between the third quarter of 2000 and the same period of last year, wages across the U.S. rose by…

Cash Strapped Saudi’s To Sell $15 Billion In Bonds

Jun 01, 2016 at 13:59 | ZeroHedge

Last week the bond market was stunned by the unprecedented demand for sovereign paper issued by Qatar. The Middle Eastern nation announced it would issue $9 billion in…

There Is No Moving Exxon From Its Climate Change Position

Jun 01, 2016 at 12:57 | Irina Slav

A nun from an influential interfaith coalition with U.S. $100 billion in assets that include a stake in ExxonMobil is pushing for change, but the supermajor isn’t bowing…

U.S. Banks Down 2% On Bad Energy Loans

Jun 01, 2016 at 12:49 | James Burgess

U.S. banks have seen their earnings drop 2 percent in the first quarter of this year as low oil prices have finally turned into unpaid energy loans. In…

Crude Bounces Back On Pre-OPEC Meeting Rumors

Jun 01, 2016 at 11:36 | Matt Smith

Sixty-two years after Linus’ security blanket made its debut in the Peanuts comic strip, and the oil market is looking to tomorrow’s OPEC meeting to provide some comfort…

Nigerian Outages Drag Total OPEC Production Down In May

Jun 01, 2016 at 09:46 | James Burgess

Based on survey data compiled by Reuters for the month of May, OPEC crude oil out has fallen by 120,000 barrels per day—a drop largely attributed to…

Why the Oil Majors Face Inevitable Decline

May 31, 2016 at 17:08 | Nick Cunningham

The oil majors are at a crossroads and there are growing signs that their business model can no longer last. The combined effects of cheap oil, the increasing…

Why Oil CEOs Are Overpaid

May 31, 2016 at 16:11 | Michael McDonald

Imagine how workers would behave if they were paid not on the basis of their output or productivity, but simply on time spent at the office regardless of…

Are Low Oil Prices A Bigger Threat Than Terrorism For Algeria?

May 31, 2016 at 16:03 | Zainab Calcuttawala

In November 2013, the United States Library of Congress released a report describing Algeria’s macroeconomic position as “strong” during a month when Brent oil prices cruised at…

Driving Season Could Jolt Oil To $60

May 31, 2016 at 15:08 | Evan Kelly

We begin by taking a quick look at some of the critical figures and data in the energy markets this week, which show that, despite Canada bringing oil…

Oil Pauses At $50 Ahead Of OPEC Meeting

May 31, 2016 at 11:52 | Matt Smith

One hundred and fifty-seven years after Big Ben was started, and the oil market is counting down the clock to an onslaught of economic data from the ringing…

Trump's Energy Policy: Less Regulations And Approval For Keystone XL

May 27, 2016 at 20:06 | Zainab Calcuttawala

Gearing up for a campaign against the Democratic nominee for president, Donald Trump vowed on Thursday to pull the United States out of the Paris climate agreement…

Is America’s Vision for Renewal Energy a Mirage?

May 27, 2016 at 19:36 | Barry Stevens

We’ve seen it before. Tough talk in the early ‘70s for an energy independent America as OPEC’s oil embargo quadrupled the price of petroleum from $2.90 a barrel to $11.65…

Despite Oil Price Uncertainty Kuwait Spends Big On Infrastructure

May 27, 2016 at 19:09 | Oxford Business Group

The Kuwaiti government remains committed to rolling out its plan despite uncertainty over global oil prices. A host of public construction contracts have been awarded so far this…

NATO Energy Security Threatened By Karabakh Conflict

May 27, 2016 at 18:59 | The Jamestown Foundation

The periodic escalation of violence in and around the separatist Azerbaijani territory of Karabakh routinely raises concerns about this conflict’s threat to regional energy security and pipeline infrastructure.…

Why It’s Still A Great Time To Pick Up Oil Stocks

May 27, 2016 at 16:37 | Dan Dicker

As Brent oil touched $50 a barrel today for the first time since November of 2015, we've banked a lot of profit in our core Exploration and Production…

The Danger Of Round Numbers: WTI’s Rapid Retreat from $50

May 27, 2016 at 16:34 | Martin Tillier

Yesterday, to much fanfare from the online financial sites and business television stations, WTI, the benchmark for U.S. oil, broke through the $50 level. No sooner had the…

Oil Majors Have Seen Debt Double And Spending Fall 45%

May 27, 2016 at 16:28 | Nick Cunningham

Friday, May 27, 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…

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