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Energy / Energy-General

Where Will Halliburton And Baker Hughes Go From Here?

May 12, 2016 at 12:36 | Michael McDonald

Now that the merger between Halliburton (HAL) and Baker Hughes (BHI) is officially dead, it’s time for shareholders to begin thinking about what comes next for…

EPA Launches New Methane Rules For Oil And Gas

May 12, 2016 at 12:18 | Charles Kennedy

On Thursday, the U.S. EPA is set to unveil the final regulations on methane emissions from oil and gas wells, the first of its kind. The rules were initially…

Oil Prices Slip As Stronger Dollar Outweighs Bullish IEA Data

May 12, 2016 at 11:45 | Matt Smith

One hundred and sixty-nine years after William Clayton invented the odometer, and the oil market is trying to continue its journey higher. Despite a bullish-tilted monthly…

Kuwait Plans To Ramp Up Oil Production By 44% Before 2020

May 11, 2016 at 16:01 | Irina Slav

A senior Kuwait Petroleum Corp official has confirmed to media the company’s plans to increase production by 44 percent to almost 4 million barrels a…

Could A “Brexit” Enhance British Energy Security?

May 11, 2016 at 15:53 | Nick Cunningham

The UK is only a few weeks away from a June 23 referendum that will decide whether or not it exits the European Union. British leaders…

Proved Oil Reserves Lost $840 Billion In Value

May 11, 2016 at 14:22 | Robert Rapier

I spent a lot of time in 2015 warning that at year-end we would see a huge decline in crude oil reserves. As I have explained…

90% Off Sale On Offshore Drilling Rigs?

May 10, 2016 at 16:47 | Irina Slav

It might not be a great time to start offshore drilling, with oil prices as depressed as they are, but it might just be a great…

Wave Of Violence Causes Nigerian Oil Output To Fall To 20 Year Lows

May 10, 2016 at 16:31 | Nick Cunningham

The oil markets have suddenly been hit with a multitude of unexpected supply disruptions, the largest of which comes from the more than 1 million barrels…

Increasing Outages Continue To Stabilize Oil Prices

May 10, 2016 at 15:58 | Evan Kelly

When looking at this week's key data of the oil and energy industry, we see that prices have stabilized in the mid $40 range as global…

Petrobras Offloads $1.4B In Assets Amidst Political Turmoil

May 10, 2016 at 15:56 | Irina Slav

Petroleo Brasileiro, Brazil’s state-owned, heavily indebted oil giant, has closed the sell-off of its Argentinean business to local Pampa Energia for US$892 million and its…

Oil Prices Rally As Canadian, Nigerian Outages Continue

May 10, 2016 at 11:48 | Matt Smith

One hundred and seventeen years after the birth of Fred Astaire, and the oil market is getting its groove on – facing the music and dancing…

What OPEC Has To Fear From The New Saudi Oil Minister

May 09, 2016 at 16:39 | Nick Cunningham

In a surprise move, Saudi Arabia sacked its long-time oil minister over the weekend, an event that illustrates the near-total control that the new young…

Russian Oil Executives Not Optimistic About Oil Prices

May 09, 2016 at 16:27 | Ekaterina Pokrovskaya

In late April, Russia was left standing at the alter in Doha, as Saudi Arabia walked away from a production freeze deal, leading the negotiations to…

Global Rig Count Continues To Fall

May 09, 2016 at 15:54 | Ron Patterson

Baker Hughes recently published its International Rig Count. This rig count is at the end of April. It does not include the U.S., Canada, any…

A Glimpse Into What Saudi Arabia’s New Oil Policy Will Look Like

May 09, 2016 at 13:13 | ZeroHedge

Following the biggest news of this weekend, the (anticipated) resignation/termination of Saudi Arabia's longstanding oil minister Ali al-Naimi, everyone has been wondering about what comes next and how this development…

Oil Reverses As Stronger Dollar Offsets Canadian Concerns

May 09, 2016 at 10:34 | Matt Smith

Two hundred and thirty-one years after Joseph Bramah patented the beer-pump handle, and the oil market is looking a little frothy once more. Canadian wildfires continue…

Influential Saudi Oil Minister Dismissed

May 09, 2016 at 09:39 | Charles Kennedy

A Saudi government overhaul which saw the dismissal of the long-time Saudi oil minister signals quite a lot—from the kingdom’s new economic ‘’vision’’ to the fallout…

Horizontal Land Rig Count Summary 6th May 2016

May 07, 2016 at 17:49 | Arthur Berman

The horizontal U.S. land rig count fell by 6 rigs to 318 and the total land rig count fell by 3 rigs to 388.  Tight oil plays gained 1 rig. …

Can Iran And Saudi Arabia’s Production Claims Be Believed?

May 06, 2016 at 18:11 | Dan Dicker

It's always the ultimate test when trading oil stocks – what to believe and what not to believe. Normally, you take earnings season with a grain…

Major Banks Shrug Off Concerns Of Bad Energy Debt

May 06, 2016 at 18:08 | Irina Slav

The latest survey by the Federal Reserve among senior loan officers has revealed a pessimistic picture. Banks operating in the U.S. are still skeptical about…

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