A report by Global Energy…
Oil prices surged early on…
China is finishing the Al-Faw…
ExxonMobil lost its AAA credit rating for the first time in more than 80 years. S&P downgraded the oil supermajor, which was one of only…
The last year has been a bumpy one for Chesapeake Energy. When natural gas prices collapsed several years ago, many firms across the industry moved towards…
One-hundred and sixteen years after the birth of seismologist Charles Richter, and the crude market is trying to break some ground today. Rumbles in the market…
A big news item the last few weeks has been China’s efforts to curb domestic coal and steel capacity. That’s been a difficult development for China’s local producers —…
On Monday, Saudi Arabia released a blueprint for the future, a plan for the Kingdom that could alter the course of its history. The “Vision for…
The Saudi Arabian sale of Saudi Aramco is already starting to attract widespread attention after Mohammad bin Salman, deputy crown prince of the Kingdom, indicated that…
Now more than two years on since the revolutionary events on Maidan and Russia’s subsequent annexation of Crimea, Ukraine is still largely without its footing. Political…
As Iraqi exports from the southern coast reach a monthly record high and the government is trying to lure in new investment on the border with…
China might be in the midst of another round of stockpiling, stepping up crude oil imports to fill its strategic petroleum reserve (SPR). The slowdown in oil demand in China…
The mighty, mighty Ella Fitzgerald was born ninety-nine years ago today, and accordingly the crude oil market is looking ‘bewitched, bothered and bewildered‘, being pulled in…
Critical decision over the weekend on one of the world’s most-watched infrastructure developments — in the fast-emerging oil and gas basins of Eastern Africa. That…
The U.S. horizontal land rig count for the week ending April 22 fell 3 to 332 and the total land rig count fell 8 to 401. Tight oil plays lost…
Saudi Arabia single-handedly scuttled the Doha meeting, knowing all along that Iran would not participate, with a valid reason. The Russians and others agreed to proceed…
The first U.S. LNG shipment will soon arrive in Europe, marking a new era for energy on the continent. Cheniere Energy’s newly completed Sabine Pass facility…
Europe is on track to send security experts to Libya after it successfully installed a so-called unity government that is willing to work with international…
$240,000. More than British Prime Minister David Cameron earns per year. Back in 2013, Oilprice.com published an article about a cook on an Australian offshore…
For the latest indication of how bad the recession in the U.S. oilfield services sector is, we took a look at last night's Schlumberger results which were modestly better than…
Recent Commodity Prices Dynamics With commodity prices falling precipitously during the last 2 years it has been a hard time for both commodity market…
The chorus has become deafening: The International Energy Agency (IEA) has predicted a full ‘rebalancing’ of the oil market by late 2017, with OPEC joining in…
Ask most people, even those who follow the energy markets pretty closely, who is the world’s largest independent oil exploration and production company and I doubt that many would get…