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Energy

How Suncor Has Become The King Of Canadian Oil Sands

May 10, 2016 at 16:32 | Omar Mawji

Suncor: King of Canada’s Oil Sands Canada’s oil sands are the third largest oil deposit in the world behind Saudi Arabia and Venezuela. The largest oil…

Wave Of Violence Causes Nigerian Oil Output To Fall To 20 Year Lows

May 10, 2016 at 16:31 | Nick Cunningham

The oil markets have suddenly been hit with a multitude of unexpected supply disruptions, the largest of which comes from the more than 1 million barrels…

Increasing Outages Continue To Stabilize Oil Prices

May 10, 2016 at 15:58 | Evan Kelly

When looking at this week's key data of the oil and energy industry, we see that prices have stabilized in the mid $40 range as global…

Petrobras Offloads $1.4B In Assets Amidst Political Turmoil

May 10, 2016 at 15:56 | Irina Slav

Petroleo Brasileiro, Brazil’s state-owned, heavily indebted oil giant, has closed the sell-off of its Argentinean business to local Pampa Energia for US$892 million and its…

Libya’s Oil Exports Could To Go To 0 bpd Within One Month

May 10, 2016 at 13:55 | Charles Kennedy

Libyan officials attached to the government in Tripoli are warning that the country will have to halt the majority of its output from southeastern fields within…

Oil Prices Rally As Canadian, Nigerian Outages Continue

May 10, 2016 at 11:48 | Matt Smith

One hundred and seventeen years after the birth of Fred Astaire, and the oil market is getting its groove on – facing the music and dancing…

What OPEC Has To Fear From The New Saudi Oil Minister

May 09, 2016 at 16:39 | Nick Cunningham

In a surprise move, Saudi Arabia sacked its long-time oil minister over the weekend, an event that illustrates the near-total control that the new young…

Russian Oil Executives Not Optimistic About Oil Prices

May 09, 2016 at 16:27 | Ekaterina Pokrovskaya

In late April, Russia was left standing at the alter in Doha, as Saudi Arabia walked away from a production freeze deal, leading the negotiations to…

Global Rig Count Continues To Fall

May 09, 2016 at 15:54 | Ron Patterson

Baker Hughes recently published its International Rig Count. This rig count is at the end of April. It does not include the U.S., Canada, any…

A Glimpse Into What Saudi Arabia’s New Oil Policy Will Look Like

May 09, 2016 at 13:13 | ZeroHedge

Following the biggest news of this weekend, the (anticipated) resignation/termination of Saudi Arabia's longstanding oil minister Ali al-Naimi, everyone has been wondering about what comes next and how this development…

Saudi Arabia To List Aramco Shares In New York, London, Hong Kong

May 09, 2016 at 11:31 | Charles Kennedy

Saudi Arabia revealed more details about its planned initial public offering of the state-owned oil company Saudi Aramco. As part of Deputy Crown Prince Mohammed bin…

Oil Reverses As Stronger Dollar Offsets Canadian Concerns

May 09, 2016 at 10:34 | Matt Smith

Two hundred and thirty-one years after Joseph Bramah patented the beer-pump handle, and the oil market is looking a little frothy once more. Canadian wildfires continue…

Influential Saudi Oil Minister Dismissed

May 09, 2016 at 09:39 | Charles Kennedy

A Saudi government overhaul which saw the dismissal of the long-time Saudi oil minister signals quite a lot—from the kingdom’s new economic ‘’vision’’ to the fallout…

Horizontal Land Rig Count Summary 6th May 2016

May 07, 2016 at 17:49 | Arthur Berman

The horizontal U.S. land rig count fell by 6 rigs to 318 and the total land rig count fell by 3 rigs to 388.  Tight oil plays gained 1 rig. …

Can Iran And Saudi Arabia’s Production Claims Be Believed?

May 06, 2016 at 18:11 | Dan Dicker

It's always the ultimate test when trading oil stocks – what to believe and what not to believe. Normally, you take earnings season with a grain…

Major Banks Shrug Off Concerns Of Bad Energy Debt

May 06, 2016 at 18:08 | Irina Slav

The latest survey by the Federal Reserve among senior loan officers has revealed a pessimistic picture. Banks operating in the U.S. are still skeptical about…

It’s Not Looking Good For Canadian LNG

May 06, 2016 at 17:53 | Nick Cunningham

As the Keystone XL saga made clear, Alberta has had trouble getting its oil and gas to markets outside of the province. That trouble continues for…

Coal May Survive, But Its Profitability Is Dead

May 06, 2016 at 17:44 | Michael McDonald

With the market capitalization of the coal industry down 94 percent since 2011, one question has to be paramount on the minds of all investors…

ISIS Working On Driverless Car Causes More Worry Than Necessary

May 06, 2016 at 17:36 | Irina Slav

A NATO security expert has warned that the Islamic State (ISIS) is working on a driverless car, to replace suicide bombers. Jamie Shea, deputy assistant…

Crisis In Venezuela – A Lesson From Saudi Arabia

May 06, 2016 at 17:20 | Global Risk Insights

President Nicolás Maduro has implemented measures such as shortened workdays, increased federal holidays and scheduled blackouts in an attempt to reduce energy consumption across the country…

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