In the oil rig basins…
The US Senate has approved…
The U.S. supermajors are doubling…
As the world heads towards the start of the winter fuel oil season, crude prices still show little sign of a sustained upward move. Instead, oil seems to be trapped…
Third quarter earnings reports are starting to trickle in and the numbers will likely be poor. BP (NYSE: BP) kicked things off on October 27, reporting that its profits…
Iranian officials last week informally presented to several Western energy companies and Iranian contracting and production companies the contract it hopes will attract $100 billion in foreign investment to…
Get ready for some bad news and red ink.With the bulk of quarterly earnings reports in the energy industry yet to be announced, there are already $6.5 billion…
Most companies in the energy industry are hurting as oil prices fall. There are exceptions of course, like refiners and tankers that can be good investments in some special circumstances…
The U.S. Department of Interior announced the cancellation of the two Arctic offshore lease sales on October 16, which were to be held in 2016 and 2017. This sealed the…
The massive increase in oil production in the United States over the past half-decade has significantly cut into America’s dependence on oil imports.The share of total oil consumed…
There have been a lot of observers (including myself) worried lately about debt in the oil patch, with suspicions running high that lower oil prices will mean cuts to bank…
The crude complex is already in the mood for Halloween later this week, spooked once again on what would have been Jackie Coogan’s 101st birthday. A weaker dollar early on…
We are a little more than a month away from OPEC’s next meeting, which will be held in Vienna on December 4, 2015.OPEC altered the course of the…
Despite the serial optimism that things will get better (because they can’t get worse) often expressed by this writer, the reality for oilfield services (OFS) is…
There have been some interesting outcroppings from the long down-cycle in oil prices. The weakening of oil companies and their shift in focus from maximizing volumes and profits to hunkering…
Next week is a huge one for energy investors in terms of earnings. Four of the largest multinational integrated oil firms will reveal earnings for the third calendar quarter, beginning…
Chinese President Xi Jingping wrapped up a productive week in the United Kingdom this week, inking major deals that tie the two countries closer together. The trip made more news…
Politics, Geopolitics & Conflict • The situation in Kurdistan is worsening after the ruling party reportedly fired on protesters and violent clashes in two major cities have left five dead…
Short-term and long-term weather forecasts continued to weigh on December Natural Gas futures this week, despite a slightly bullish inventory report from the U.S. Energy Information Administration (EIA). With the…
There was little movement on oil prices this week – a few down days and a few up days. WTI closed out the week trading in the mid-$40s, with Brent…
I wrote this summer about record amounts of investment capital being raised for natural resources. And this week we got some big news about where these billions are being deployed…
In honor of what would have been Johnny Carson’s 90th birthday, the oil market is full of chatter to finish the week. We’ve had a bunch of economic releases to…
Much has been made about the impressive gains in efficiency and productivity in the shale patch, as new drilling techniques squeeze ever more oil and gas…