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Energy

Saudi Arabia Continues To Turn Screws On U.S. Shale

May 12, 2015 at 16:53 | James Stafford

Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers. According to OPEC’s latest monthly oil report, Saudi Arabia boosted…

Here Is Why Predictions For Lower Oil Prices Are Wrong

May 12, 2015 at 16:42 | Leonard Brecken

Once again, we wake up with markets reacting more to macro data versus fundamentals, Goldman Sachs reiterating its bearish call on oil and the

Alberta Election Result Changes Little For Oil Industry

May 12, 2015 at 16:27 | Andrew Topf

Talk about getting kicked while you're down. The Alberta energy industry and all those who depend on it for their livelihoods woke up to a frightening…

Oil Market Update: $2.1 Billion Noble Deal Could Start A Trend In Shale Sector

May 12, 2015 at 12:10 | Evan Kelly

The U.S. government conditionally approved Royal Dutch Shell’s (NYSE: RDS.A) Arctic drilling plan, a major victory for the Anglo-Dutch company. Although Shell still needs to receive a few more…

This Tiny Nation Could Have Huge Oil And Gas Potential

May 12, 2015 at 09:55 | Dave Forest

You won't hear anything about this nation today when it comes to petroleum exploration. But it's a place that might become a key story for oil and gas projects soon.

Oil Rigs Down Almost Universally

May 11, 2015 at 16:27 | Ron Patterson

All rig count data is provided by Baker Hughes. All monthly charts are oil rigs only. Gas rigs are not included in the count. The last data point for…

Did Low Oil Prices Actually Hurt U.S. Economy?

May 11, 2015 at 13:40 | Charles Kennedy

Low oil prices have provided a windfall to consumers around the world. In the United States, the second largest importer of crude (which was recently overtaken by China),…

Which Nation Just Became The World's Top Crude Importer?

May 11, 2015 at 10:22 | Dave Forest

The item in question: a new report showing that China just became the world's top oil importer.According to the Financial Times, Chinese trade data revealed that crude imports…

Oil Markets Have Little To Fear From Iran For Now

May 08, 2015 at 17:32 | Eldar O. Kasayev

After Iran and the P5+1 group of international mediators signed the framework for an interim agreement in Lausanne, there was a surge in reports from the international media, predicting a…

How Much Longer Can The Oil Age Last?

May 08, 2015 at 17:23 | Gaurav Agnihotri

History has been so fascinated with oil and its price movements that it is indeed hard to imagine our future without oil. Over the last few months, we have witnessed…

Petronas Hoping To Buy First Nations Tribes’ Support For $1 Billion

May 08, 2015 at 17:08 | Nick Cunningham

Petronas is willing to pony up nearly $1 billion to secure the support of First Nations tribes in western Canada for its natural gas export project. The Malaysian state-owned oil…

EU Energy Union May Already Be Proving Its Worth

May 08, 2015 at 16:49 | Darrell Delamaide

If the goal of the EU’s Energy Union is to promote interconnectedness and stimulate competition, it may already be working with a project on its southeastern periphery.Albania has…

How China Could Hold The Oil Markets To Ransom

May 08, 2015 at 16:40 | James Hinton

There is a tendency to think that the cost of oil is, by and large, a Middle East thing. When investors playing the stock market are chewing their nails over…

Trashing The Shale Business Model

May 08, 2015 at 16:31 | Dan Dicker

This Einhorn thing has me a bit spooked, no doubt about it. At the Sohn conference, the master of the Greenlight hedge fund trashed the business…

Time To Trim Positions In E&P Stocks

May 08, 2015 at 16:28 | Martin Tillier

Regular readers will be aware that I am not one for overly complex technical analysis. Sometimes, however, all markets do trade based on technicals. When an obvious and well followed…

Why Shell Isn’t Giving Up On The Arctic Just Yet

May 08, 2015 at 16:23 | Editorial Dept

IntroductionAs summer approaches, Arctic sea ice will start to melt away. That will open up the region for oil and gas exploration. In American waters, Royal Dutch Shell…

Investors Should Sell Weakness For The Time Being

May 08, 2015 at 16:08 | Jim Hyerczyk

June Crude Oil futures rallied earlier this week, taking out the psychological $60.00 level in the process. The rally was triggered by a price hike by Saudi Arabia, a protest…

This Week In Energy: Is This As Far As The Rally Can Go?

May 08, 2015 at 13:17 | Evan Kelly

Oil prices have surged to their highest levels to date this year, with Brent trading above $65 per barrel, and WTI close to $60 per barrel. The EIA reported…

Germany Getting In Early On This Major New Oil And Gas Opportunity

May 08, 2015 at 10:45 | Dave Forest

I've discussed before how one out-of-the-way nation is shaping up as a major petroleum opportunity. And this week we got confirmation that some important global players are moving to capitalize.

ISIS Still Hampering Iraqi Oil Industry Progress

May 08, 2015 at 10:30 | Charles Kennedy

The U.S. military is helping Iraqi forces pushback ISIS at a vital oil refinery.The Baiji refinery is located between Kirkuk and Mosul, and it has been the target…

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