Low prices invariably stimulate stronger…
Tesla is laying off over…
Oil prices surged early on…
Solar power is starting to look a little like the internet – way overhyped at first, generally unprofitable initially, but eventually a really big deal. Only time will tell what…
Ah, Canada. Home of Trudeau, seven-month ski seasons, Neil Young, Hershey's Chocolate you can actually enjoy (it has its own recipe) and my birthplace – and now one of the…
Israeli Ambassador to Azerbaijan, Dan Stav, announced, on November 6, that his country was “considering the possibility to transport its natural gas to Europe via the Trans Anatolian Natural Gas…
OPEC delivered a very substantial production cut on Wednesday in Vienna, and first, I need to take a victory lap: – I was one of the very few (I believe…
That rare and wonderful thing, the regular reader of my ramblings in these pages, may remember that four weeks ago I wrote that, while natural gas may have further to…
Friday December 2, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
January Natural Gas futures are set to finish the week sharply higher for a third week after gapping higher on the opening for a second consecutive week. The price action…
• OPEC exceeded the market’s expectations this week by creating a plausible deal to reduce output to 32.5m bpd with broad participation (10 members will cut, Libya and Nigeria are…
Oil prices inched up on Friday as a result of a positive U.S. jobs report after rallying 14 percent in two days. (Click…
This week’s Baker Hughes count shows a three-site increase for the United States oil rig count, bringing the number of active oil rigs to its highest point since the end…
As oil pauses for breath, so can we. After a hectic week, prices are ticking slightly higher into the weekend after a positive U.S. employment report. Although more shenanigans await…
OPEC will discuss and possibly finalize a deal with producers outside the cartel to reduce global crude oil supply on December 10 in Russia’s capital Moscow, Reuters reported on…
Valuation of resource projects is becoming a hot topic in regulatory circles. With the U.S. Securities and Exchange Commission (SEC) earlier this year investigating ExxonMobil’s practices around estimating the…
Although OPEC’s decision to take 1.2 million bpd off the market as of January is undoubtedly good news for the U.S. shale patch, companies would likely wait to see…
It’s no secret I’ve been one of the consistent naysayers about the OEPC deal. I was confident a deal wouldn’t be had, and that if they did manage to reach…
If anyone is cheering the news of an OPEC deal it is U.S. shale producers. The OPEC agreement sent oil prices shooting up this week, with WTI and Brent…
The OPEC drama is behind us (for now) with the cartel and its friends agreeing to a peak supply. But the topic that’s talked about behind the scenes in Viennese…
Rating agency Fitch, after lauding OPEC’s decision to cut oil production by 1.2 million bpd, cautioned that prices are unlikely to move much higher than they are now, expecting…
Going into the Algiers OPEC meeting in late September, the prevailing sentiment among the analyst community was that there is no way any deal will get done: after all there…
U.S. crude oil production dropped by 1.9 percent to 8.580 million barrels per day (bpd) in September from 8.747 million bpd in August, the U.S. Energy Information Administration (EIA)