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Oil Holds Gains As Demand Continues To Rise

Oil Holds Gains As Demand Continues To Rise

As oil demand recovers and…

Energy / Energy-General

Former Chesapeake CEO McClendon Stages Comeback

Feb 05, 2014 at 16:33 | Joao Peixe

Former Chesapeake Energy Corp. CEO Aubrey McClendon has reportedly raised as much as $500 million for his new venture, American Energy Partners LP, and is ramping up purchases with an…

Why Iran's Economy Might Not Get a Big Break from Sanctions

Feb 03, 2014 at 16:23 | Daniel J. Graeber

Iran says it's received a little more than 10 percent of the oil money unlocked when it agreed to the terms of a nuclear agreement with the so-called P5-plus-1 last…

Nigeria Mulls $20 Billion Trans-Saharan Natural Gas Project

Feb 03, 2014 at 15:45 | John Daly

Nigeria, already black Africa’s largest oil exporter, is thinking big, about exporting natural gas to Europe and thereby undercutting Brussels’ unhappy dependence on natgas exports from the Russian Federation.

Why Current Solutions to Solving our Energy Problems Won’t Work

Jan 31, 2014 at 17:08 | Gail Tverberg

In order to understand what solutions to our energy predicament will or won’t work, it is necessary to understand the true nature of our energy predicament. Most solutions fail because…

This Deal Signals Big Changes in One Of Energy’s Most Exciting Sectors

Jan 31, 2014 at 16:45 | Editorial Dept

There are a lot of under-appreciated changes going on in energy markets right now. Most of them are driven by unconventional drilling. A phenomenon that’s exploded across North…

This Week in Oil & Gas: Declining Profits and Soaring Project Costs

Jan 31, 2014 at 13:28 | James Stafford

The biggest story this week in oil and gas is declining profits and production and soaring project costs for the supermajors as disappointing fourth-quarter 2013 earnings come in, among other…

Shell Cancels Arctic Drilling Campaign Amid Declining Profitability

Jan 30, 2014 at 16:56 | Nick Cunningham

Royal Dutch Shell reported a 71% decline in net-profit in the fourth quarter when it released its earnings statement on January 30, 2014. The company cited risings costs for…

OPEC Preaches Stability while Making Unstable Bets

Jan 29, 2014 at 17:16 | Daniel J. Graeber

OPEC Secretary-General Abdullah al-Badri said the 12-member cartel could make room for an increase in oil from Iran, Iraq and Libya. All three member states could be on the verge…

Low Foreign Interest in Pakistan’s New Oil Blocks

Jan 29, 2014 at 17:07 | Joao Peixe

The government of Pakistan has provisionally awarded exploration licenses for 50 oil blocks covering over 100,000 square kilometers and eyeing over $370 million in first-phase investment. Foreign…

Foreign Oil Companies Near Commercial Output in Uganda

Jan 28, 2014 at 17:26 | Charles Kennedy

International oil companies have moved one step closer to launching commercial crude production in Uganda as the government announces the finalization of talks with foreign oil explorers and a…

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