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U.S. Drilling Activity Inches Up

U.S. Drilling Activity Inches Up

The total number of active…

Energy / Energy-General

Russia Needs to Sell Gas More than EU Needs to Buy it

Mar 04, 2014 at 16:11 | Nick Cunningham

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 Sets US Fracking Rule Precedent

Mar 04, 2014 at 15:47 | Charles Kennedy

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 Plays Ukraine Gas Card—Again

Mar 04, 2014 at 13:21 | James Burgess

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…

New Report Finds Oil Sands Production Costs Below U.S. Tight Oil

Mar 03, 2014 at 16:41 | Rory Johnston

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

Rosneft to Spend $83 Billion to Develop Siberian Oil Field

Mar 03, 2014 at 16:26 | John Daly

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…

Markets in Turmoil on Ukrainian Crisis

Mar 03, 2014 at 14:36 | Nick Cunningham

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…

China Moves Forward with New Nuclear Reactors

Feb 28, 2014 at 16:34 | Nick Cunningham

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…

There's no Easy Fix to Ukraine's Energy Dilemma

Feb 28, 2014 at 16:25 | Daniel J. Graeber

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,…

Oil Piracy Moves to Angolan Coast with $8M Heist

Feb 28, 2014 at 16:16 | James Burgess

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…

In 2014 Chinese-African trade will surpass $200 billion

Feb 28, 2014 at 16:09 | John Daly

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 A Short Crude Position: 2 Stocks To Consider

Feb 28, 2014 at 13:51 | Editorial Dept

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…

Global Energy Advisory 28th February 2014

Feb 28, 2014 at 13:25 | Editorial Dept

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…

Darkness Descending on Venezuela

Feb 28, 2014 at 13:13 | Editorial Dept

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…

Emerging Oil Venues Attracting Pirates

Feb 28, 2014 at 13:08 | James Stafford

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…

New Spy Technology to Spawn Oil Revolution

Feb 27, 2014 at 17:32 | James Burgess

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…

Shell’s Troubles in Nigeria Continue

Feb 27, 2014 at 16:56 | Nick Cunningham

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…

Repsol to Settle for $5bn over Argentina Oil Asset Heist

Feb 26, 2014 at 17:25 | Charles Kennedy

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.…

What the Resource Curse Means for Afghanistan

Feb 26, 2014 at 17:04 | Daniel J. Graeber

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…

Korean Firm Wins $6bn Iraq Refinery Contract

Feb 26, 2014 at 16:46 | James Burgess

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…

Obama Admin Raises Liability Cap for Oil Spills

Feb 25, 2014 at 15:18 | Nick Cunningham

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…

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