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Energy

EIA Oil Production Numbers Show Global Slowdown

Dec 10, 2014 at 14:46 | Ron Patterson

The EIA has recently published their International Energy Statistics. Their stats include all liquids such as NGLs, biofuels and even refinery process gain. But I only track actual oil.…

Oil Price Tumbles After OPEC Releases 2015 Forecast

Dec 10, 2014 at 10:31 | Andy Tully

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s…

Why US Shale May Fizzle Rather Than Boom

Dec 09, 2014 at 17:27 | Nick Cunningham

The Shale Revolution may not really end up being a revolution after all. A new study in Nature finds that the estimates for shale gas production could be vastly overblown,…

US Supreme Court Rejects BP Appeal

Dec 09, 2014 at 17:21 | Colin Chilcoat

Four years later, it is clear BP gravely miscalculated the magnitude of their mistake. On Monday, the United States Supreme Court rejected BP’s settlement appeal regarding 2010’s Deepwater Horizon…

World Proved Oil Reserves Data A Work Of Fiction

Dec 09, 2014 at 17:11 | Ron Patterson

The EIA publishes Annually a list of World Proved Reserves of Crude Oil. Though all charts in this post use the EIA data, BP, the IEA and virtually every…

How The US Could Beat OPEC But Won’t

Dec 09, 2014 at 16:58 | Kurt Cobb

OPEC has declared war on American oil production with the intention of making the country more dependent on imported oil and on oil in general. By refusing to cut…

South Stream’s Demise Shakes up Italian-Russian Relations

Dec 09, 2014 at 16:52 | Emanuele Scimia

The “Putinian Pax Energetica”—Russia’s strategic use of energy exports and pipeline politics to influence countries in its neighborhood—is faltering, and Italy now appears to be taking countermeasures to deal with…

The OPEC Conundrum: Expect Production Cuts Before June 2015

Dec 08, 2014 at 17:17 | Euan Mearns

When OPEC met on 27th November they decided to leave production unchanged and to not meet again until June 2015. This at a time of volatility in oil markets and…

Utica Pipeline Could Send Ohio Gas To Gulf Coast

Dec 08, 2014 at 17:02 | Nick Cunningham

A proposed pipeline in Ohio just received federal approval, which could connect shale gas from the Utica basin to the Gulf of Mexico. Eastern Ohio is home to the Utica…

Ten Reasons Why A Sustained Drop In Oil Prices Could Be Catastrophic

Dec 08, 2014 at 16:00 | Gail Tverberg

Not long ago, I wrote Ten Reasons Why High Oil Prices are a Problem. If high oil prices can be a problem, how can low oil prices also be…

Norway’s Oil Decline Accelerating

Dec 05, 2014 at 17:16 | Nick Cunningham

New oil projects are being scrapped in Norway amid falling production and low oil prices. Long held up as the model for managing oil abundance, Norway has painstakingly sought to…

As U.S. Reserves Grow, So Does Geopolitical Weight

Dec 05, 2014 at 17:06 | Colin Chilcoat

The peak will have to wait – at least in the United States. According to a new report from the Energy Information Administration (EIA) US proved reserves of both…

South Stream Pipeline May Not Be Dead Yet

Dec 05, 2014 at 15:44 | RFE/RL staff

The European Commission's new energy chief says that Russia could revive the South Stream natural-gas pipeline project if it follows EU rules. In an interview with RFE/RL on December 5,…

Signs Of Peak Oil Starting To Emerge

Dec 05, 2014 at 15:33 | Euan Mearns

What caused the recent crash in the oil price from $110 (Brent) in July to $70 today and what is going to happen next? With the world producing 94 Mbpd…

Who Comes Out On Top After Oil Pandemonium?

Dec 05, 2014 at 13:13 | James Stafford

As crude oil prices take a beating, with Saudi Arabia predicting that prices will stabilize at $60 per barrel, we head to Norway, where state-run giant Statoil is poised to…

Why Every Oil Rally Needs To Be Sold For The Time Being

Dec 05, 2014 at 11:03 | Dan Dicker

There’s been some agreement inside the analyst community on oil -- $70 a barrel is not sustainable, in that several producers don’t have the prime acreage or debt positions to…

Alternatives Aren’t Ready, Demand Management Is

Dec 05, 2014 at 10:59 | Martin Tillier

Most people with functioning brain cells, even the most ardent climate change deniers, accept that at some point in the future mankind will have to find a viable alternative to…

The U.S. Gas Pipeline Network Undergoing Major Overhaul

Dec 05, 2014 at 10:51 | Editorial Dept

Natural gas production in June 2014 for the Marcellus Shale reached 15 billion cubic feet per day which has led to abundant supplies keeping a lid on prices. Even more…

Global Energy Advisory - 5th December 2014

Dec 05, 2014 at 10:43 | Editorial Dept

Politics, Geopolitics & Conflict Any and every oil and gas investor operating in Europe and Eurasia should be concerned about the very dangerous and very misguided Cold War geopolitics currently…

The Technical Trend Is Down But Is A Turnaround Coming Soon?

Dec 05, 2014 at 10:39 | Jim Hyerczyk

Last week, OPEC triggered a sell-off in January Crude Oil when it decided to refrain from making a production cut. The almost 10% break in prices was triggered by sell…

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