U.S. oil companies are not…
The total number of active…
The Russian occupation of Crimea has raised concerns about the European Union’s dependence on its eastern neighbor for natural gas. The EU gets about 34% of its natural gas…
Colorado is preparing to set a new US precedent by becoming the first state to implement strict fracking rules with leak detection requirements to cut down on greenhouse gas…
Russia appears to be backing down slightly over Ukraine, with President Vladimir Putin saying that military force would be a last resort amid the threat of US sanctions, but Moscow…
Canada’s oil sands are often thought of as one of the world’s most expensive, marginal sources of crude. That may not be the case, however, according to a new
As the situation in Ukraine continues to unravel and Washington and the European Union consider how to respond to Moscow’s moves, the unhappy fact for Brussels is that the Russian…
The brewing war in Ukraine has quickly reverberated through the markets, sending stocks down and commodities up. Tension heightened over the weekend with Russia’s move to send troops to Crimea…
On February 27th, China’s Ministry of Environmental Protection (MEP) approved the construction of two new nuclear reactors in the eastern coastal province of Shandong. The plan calls for the…
With much of the political violence in Ukraine subsiding, European leaders said they were ready to help a new government address lingering energy woes. It won't be an easy fix,…
An oil tanker hijacked for a week off Angola last month has been returned to the authorities, but not before hijackers managed to siphon $8 million worth of diesel…
On 20 February, Chinese President Xi Jinping, hosting Senegalese visiting President Macky Sall in Beijing said, "In 2013, Chinese-African trade surpassed $200 billion for the first time, making China Africa's…
Hedging is a concept too often misunderstood, or worse, badly executed. To many investors and traders, a hedge simply consists of a trade that directly opposes their main position. They…
Somalia, not so fastInvestors contemplating a potential move on Somalia are wise to consider that while this is the first time since a 20-year civil war and state…
This week we are turning our attention to Venezuela, where the worse unrest in 10 years is being marked by violent clashes in Caracas between police and anti-government demonstrators led…
The recent hijacking of a ship off the coast of emerging oil darling Angola, and the apparent heist of $8 million in fuel, helps us trace how piracy on…
The future of oil exploration lies in new technology--from massive data-processing supercomputers to 4D seismic to early-phase airborne spy technology that can pinpoint prospective reservoirs.Oil and gas is…
Royal Dutch Shell is in the midst of a flurry of sell offs to fix its balance sheet, unloading billions of dollars of assets as quickly as it can. Shell…
Spanish oil giant Repsol is preparing to sign a $5 billion settlement agreement in the coming days with the government of Argentina over the 2012 seizure of its local assets.…
Three years ago, the U.S. Geological Survey said some of the resources in Afghanistan could transform an economy normally dependent on illicit narcotics. With this year's pivotal drawdown of international…
A consortium of Korean engineering firms has won an estimated $6 billion contract to build a new oil refinery in Iraq, in the largest deal ever won by Korean…
On February 21, the U.S. Department of Interior proposed raising the cap on liabilities that oil companies are forced to pay in the event of an oil spill. The…