The tanker market is likely…
OPEC expects strong oil in…
Central Banks are reluctant to…
Only 1 percent of the Bakken Play area is commercial at current oil prices based on my analysis that follows. Only 4 percent of horizontal wells…
Libya’s oil production has dipped below 400,000 barrels per day after shipments from a key port were disrupted, according to Bloomberg. The Zueitina port was…
Russia is looking to expand its influence through oil trade. And a little-reported deal this week may give it access to an entirely new part of…
Remember, remember the 5th November, for Guy Fawkes attempted to blow up the UK Houses of Parliament some 410 years ago. Onward to today, and bulls…
In recognition that its campaign is heading for near certain failure, TransCanada hopes to delay the review process of its proposed Keystone XL pipeline until the next administration.TransCanada…
A few weeks ago, the IMF said something that, although it should have been obvious, seemed to surprise quite a few people. Here’s the quote from a recently released study:
At the end of November, delegations from nearly 200 countries will convene in Paris for what is billed as the most important climate meeting ever held.…
A new report from Amnesty International alleges that Royal Dutch Shell did not, in fact, clean up its oil spills in Nigeria despite company claims…
As Ralph Macchio celebrates his 54th birthday (make you feel old? me neither, ahem…), the crude complex has tried to kick higher ahead of the weekly…
The performance of Blood & Oil, a soap opera based on the North Dakota oil boom, is not going well. The show saw its episodes trimmed by ABC amid…
For all of the talk about green energy one fact still remains clear; fossil fuels are going to continue to be used in enormous quantities for decades to come. From…
In this post I present actual Norwegian natural gas production, status on reserves, the development in discoveries and what this results for Norwegian Petroleum Directorate (NPD)…
Oil price update and North-American rig count (Click to enlarge) Chart of the Week
It is apt that it is national sandwich day, given yesterday’s first-day-of-the-month onslaught of global manufacturing numbers, and ahead of tomorrow’s return to form in economic…
One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies…
For the first time in close to a century, mankind may be about to give serious attention to a technology that has the potential to be…
The “big news” this month is that the banks granted over-leveraged, loss-making shale oil drillers a stay of execution by continuing to provide credit lines. Consequently, there was no major…
The EIA’s Petroleum Supply Monthly is just out with production numbers, through August, for each state and offshore territories. The EIA’s Monthly Energy Review…
One hundred and two years after the birth of Burt Lancaster, and oil prices feel like they are going to be stuck in mid-forty dollardom ‘From…
A group of investment banks are becoming increasingly gloomy about the direction of oil prices in the near-term. A Wall Street Journal survey of 13…