 |
Louisiana Light • 2 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 175 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 16 mins | 2.761 | +0.003 | +0.11% |
|
Bonny Light • 2 days | 88.40 | -0.92 | -1.03% | ||
|
Girassol • 2 days | 89.03 | -0.87 | -0.97% | ||
|
Opec Basket • 2 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 15 hours | 76.77 | +0.76 | +1.00% | ||
|
Light Sour Blend • 15 hours | 79.82 | +0.76 | +0.96% | ||
|
Syncrude Sweet Premium • 15 hours | 86.77 | +0.76 | +0.88% | ||
|
Central Alberta • 15 hours | 77.17 | +0.76 | +0.99% |
|
Eagle Ford • 2 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 2 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 2 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 3 days | 87.23 | -0.55 | -0.63% |
Breaking News:
Israel Claims to Have Dealt a Serious Blow to Hezbollah
Israeli authorities claimed to have…
OPEC+ Can Stop An Oil Rally To $100
The OPEC+ group could influence…
Energy / Energy-General
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…
Rumors of OPEC's Demise Exaggerated
A mixed picture is starting to emerge from the Middle East in terms of oil production. Several members of the 12-member OPEC oil cartel are embroiled in turmoil or struggling…
Liquid Fuel Consumption is Unlikely to Fall While it is Still Subsidised
The EIA has noted, in This Week in Petroleum that, for the first time, the sum of Non-OECD country demand contributed more than half to the total of liquid…
A Counterintuitive Stock Pick in the Mississippi Lime
We try to be counterintuitive when we look for tips for our Premium readers. We try to think outside the box. With that in mind, this week we have a…
Weekly Energy Review: North Dakota Revels in Record Growth Thanks to Oil
North Dakota revels in record growth thanks to oil; no alleviation for natural gas price pain; Edison’s expensive nuclear decommissioning; a new record for global CO2 emissions; a hint about…
Shale, Gales, and Tipping the Scales
Alrightee, there have been a number of key reports from the EIA this week which have prompted me to present some pertinent points, and pose some ponderations. So below is…
NRG Lures Shareholders with Renewable IPO
A new unit that will be able to operate renewable and conventional power assets and pay dividends to shareholders is attempting to raise $400 million in an initial share…
