 |
Louisiana Light • 3 days | 73.63 | -1.24 | -1.66% | ||
|
Bonny Light • 2 days | 75.43 | -0.25 | -0.33% | ||
|
Opec Basket • 3 days | 76.55 | +1.08 | +1.43% | ||
|
Mars US • 1 day | 70.42 | -1.17 | -1.63% | ||
|
Gasoline • 1 day | 2.593 | -0.020 | -0.75% |
|
Bonny Light • 2 days | 75.43 | -0.25 | -0.33% | ||
|
Girassol • 2 days | 78.21 | +0.01 | +0.01% | ||
|
Opec Basket • 3 days | 76.55 | +1.08 | +1.43% |
|
Peace Sour • 2 days | 65.54 | -1.24 | -1.86% | ||
|
Light Sour Blend • 2 days | 66.84 | -1.24 | -1.82% | ||
|
Syncrude Sweet Premium • 2 days | 75.79 | -1.24 | -1.61% | ||
|
Central Alberta • 2 days | 65.14 | -1.24 | -1.87% |
|
Eagle Ford • 3 days | 67.77 | -1.24 | -1.80% | ||
|
Oklahoma Sweet • 3 days | 67.75 | -1.25 | -1.81% | ||
|
Kansas Common • 5 days | 62.00 | +0.00 | +0.00% | ||
|
Buena Vista • 9 days | 76.40 | +1.64 | +2.19% |
Oil Prices Climb As U.S. Rig Count Sees Another Double-Digit Decline
The total number of total…
ExxonMobil: New Fracking Technology Can Double Oil Output
But shale giant ExxonMobil Corp.…
Energy / Energy-General
House Passes Offshore Drilling Bill, Senate Up in the Air
For the second time, the US House of Representatives has lifted the moratorium on oil and gas drilling off the coast of Virginia and expanded offshore drilling in general--and this…
Has the U.S. Reached Peak Car?
There have been a number of recent research reports addressing the notion of ‘Peak Car’ – whether driving has peaked per person in the US. So here are a…
Canada Tries to Outmaneuver Pipeline Opponents
Canada's government last week proposed new fines and regulations for major crude oil pipelines in the country. Canada is among the world leaders in terms of oil production and needs…
Chevron’s Permian Deal with Cimarex Lines up Infrastructure
Chevron USA Inc., a subsidiary of Chevron Corporation, has inked a deal with Cimarex Energy Co. in the Permian Basin, giving the supergiant access to infrastructure to boost the…
Why Now is a Great Time to be Getting Into Oil Stocks
This week’s market action seemed to prove two very old trader’s axioms – ONE – the market will do precisely what will cause the most people the most pain and…
Evolving in the Deep: The Ultra Drill Ship
The bulk of new discoveries we’ve been hearing about over the past couple of years—at least the big ones—are offshore, many of them in ultra-deep waters. Shallow discoveries are fewer…
OIL & GAS DEVELOPMENT ALERTS – Amazon Oil Auction
Peru Prepares for Amazon Oil AuctionPeru is preparing to auction off 26 oil concessions in the Amazon region after holding consultations with indigenous groups. The Peruvian government is…
POLITICAL, SECURITY ALERTS – Statoil to form Anti-Terror Ops
Uncertainty Rises in LebanonSpillover from the conflict in Syria has entered a new phase in Lebanon, and we are increasingly concerned that the country will become embroiled in…
This Week in Energy: Why Now is a Great Time to be Getting into Oil Stocks
Methane in our drinking water; Obama’s cleverly vague Keystone blurb; the less-than-groundbreaking handing over of power in Qatar; and the latest energy enlightenment from this week’s premium newsletter …
Duke University Study Links Fracking to Ground Water Contamination
The process of hydraulic fracturing of deep underground shale rock to release its entombed natural gas for exploitation in the past decade has become a major element in U.S. energy…
Not Darkest Africa, but Darkest Nigeria - 120 Million Without Electricity
Nigeria’s population of over 160 million people and the country’s large industrial concerns share a mere 6 gigawatts of electricity. The U.S. government’s Energy Information Agency drily notes, “Nigeria…
Energy Companies Entering War on Terror
Norwegian energy company Statoil said last week it was forming a special operations division to handle emergency operations in response to a terrorist attack on a natural gas facility in…
Alfa Billionaires Launch L1 Energy Fund
The former owners of TNK-BP and the Alfa Group let it be known in March that they were shopping around with their eyes on the oil industry in a…
Is the Central-South Asian Energy Transmission Project just a Dream?
In early June, a newspaper in Pakistan announced the Asian Development Bank would withdraw from a much-anticipated energy transmission project that aims to connect Central and South Asia. The report…
Weekly Energy Update: Keystone XL – The Safest Pipeline Ever Built
A leaky future with pipelines and the unresolved fallout from the Manhattan Project; water competition in dry states between frackers and farmers; and a look at exploration challenges in the…
Arctic Oil & Gas: Not for the Faint of Heart
Massive cost, forbidden terrain and unimaginable reward—this is the Arctic, where interest has waxed and waned over the past decade, but a flurry of activity from unexpected quarters is bringing…
Utica Shale: Wading Through the Hype
It’s hard to get a handle on the Utica shale, and whether it’s an amazing success or a horrible disappointment—this is a matter of perspective. But give us a chance…
DISCOVERY & DEVELOPMENT ALERTS
Angola to Auction off More Exploration RightsAngola is shaping up to be the next major sweet spot in West Africa—with the potential to rival even Nigeria. Now it’s…
REGULATORY ALERTS
Norway Sticks to Gas Pipeline Tariff Cut Officials in Norway have indicated that they will go ahead with a controversial plan to cut tariffs on gas pipelines by up to…
Bad News for the Anti-Fracking Crowd
Hydraulic fracking has been studied with a published paper showing the energy return on investment (aka EROI) with a total input energy compared with the energy in natural gas…
