On the one hand, artificial…
Iran is facing diplomatic challenges…
The blockbuster merger between the second and third largest oilfield services companies is now officially dead. On May 1, Halliburton and Baker Hughes announced the…
Forty-two years to the day after the filming of “Jaws” began (in Martha’s Vineyard, Massachusetts), and the bears are smelling blood in the water for a…
The bankruptcies are continuing fast and furious across the energy sector. With the ill-effects spreading beyond just the oil and gas business — evidenced by major…
At a time where many oil companies need to shed assets and spin off businesses to keep themselves alive, there are certain companies that are perfectly…
2016 is proving to be another difficult year for North Sea Oil. In March, former chairman of energy services company Wood Group, Sir Ian Wood, said the oil and gas…
One might think that a ratings cut would hurt a supermajor, but when Standard & Poor's Ratings Services recently downgraded Exxon Mobil’s AAA rating to AA+,…
It’s not quite time for a victory lap, but some credit should come from an oil market that has clearly seen its lows and has taken…
This week saw the first of the major multinational, diversified energy companies reporting earnings for the first calendar quarter of 2016. As expected, they have not…
Friday, April 29, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this…
Politics, Geopolitics & Conflict Splitting the Libyan Spoils Let’s get Libya out of the way first. It should not be necessary to mention this, and in general we find it…
Now that June Crude Oil futures have cleared more than a few hurdles on the daily and weekly charts, it’s time to take a look at…
In the latest key figures from the oil and gas industry we see that oil rallied throughout the week, ignoring the fact that U.S. crude oil…
Much of the focus in the debate over the future of the energy and utility industries is focused on the efficacy of renewable power plans to…
Two hundred and three years after J.F. Hummel patented rubber, and the oil market is bouncing once again. Yesterday’s dollar weakness was encouraged by a super-strong…
Russia and Saudi Arabia have been (relatively) quietly fighting for market share in China ever since oil prices started their downward spiral in mid-2014—now the battle…
Sunday, April 17th was the designated moment. The world’s leading oil producers were expected to bring fresh discipline to the chaotic petroleum market and spark a…
One hundred and six years after Claude Grahame-White performed the first night flight, and today’s oil market is flying blind once more, supported by macro factors…
Depressed oil prices, rampant corruption, and pipeline vandalism are only parts of Nigeria’s oil problem. It’s now losing a massive 400,000 barrels of crude daily to…
Crude oil prices continued to surprise on Tuesday, with the U.S. benchmark adding another 4 percent to $44.60 a barrel. West Texas Intermediate is now up…
It hasn’t been a great week for Big Oil. BP reported an 80 percent decline in earnings, and ExxonMobil lost its coveted AAA credit rating, which it has…