As we kick off Q1…
Standard Chartered has predicted global…
LNG maintains its dominance as…
Iranian officials are taking the current drop in oil prices in stride and don’t plan to demand a cut in production by OPEC.During previous price declines, Tehran has…
On September 29, representatives from the five Caspian littoral states (Azerbaijan, Iran, Kazakhstan, Russia, and Turkmenistan) convened in Astrakhan, Russia for a fourth…
Just as oil prices hit multiyear lows, several oil majors announced some more terrible news. The Kashagan oil field – the world’s most expensive oil project – will…
The world’s favorite hotbed of instability, the Caspian Sea, has finally earned the right to be called, well… a sea. This is the unexpected epiphany of the September 29th
It’s looking increasingly unlikely that Europe will be able to sever its reliance on Russian energy supplies by developing its own shale gas industry.For years, Poland has been…
As oil prices continue to fall, analysts and producers are trying to wrap their heads around the reasons and identify a floor price. Even though crude benchmarks like Brent and…
For the last 3 years, European Brent has mostly traded in a range of $100-$120 with West Texas intermediate selling at a $5 to $20 discount. But in September Brent…
Running a multi-billion dollar energy company isn’t easy. Just ask the executives in the corner suites of some of the energy companies that have gone bust over the years. Some,…
Energy stocks have taken a beating so far in October as commodity prices continue to deteriorate. A wave of bad news has hit the commodities sector. A weakening…
LEGO, whose toy building blocks are known for charming children’s constructions, will end its five-decade marketing ties with Royal Dutch Shell under pressure from Greenpeace, which says the oil company…
American drillers are fretting over an oil boom that is out-pacing demand and pushing prices down, feeding the export ban debate and pushing it critically forward.This week, while…
There’s panic in the air. You can feel it. The market for oil has been dropping daily, now trading under $85 – under $90 for Brent North Sea grades. The…
When markets in general or particular sectors come under pressure, those of us of a contrarian bent start looking around for bargains. Oil company stocks and European stocks have both…
The bear market for oil has arrived. Brent crude has dropped by more than 20 percent since hitting a multiyear high in June. Now hovering around $90 per barrel,…
Weekly Crude Oil OutlookSupport for crude oil futures continued to erode last week due to concerns about high supply. Technically, both Brent and West Texas Intermediate…
There is, to those of a somewhat romantic bent, an inherent beauty in financial markets. Even just simple supply and demand has an appealing logic. As demand for…
Should the West worry about Russia’s growing oil and gas exports to the Asia-Pacific region? Michael Bradshaw doesn’t think so. While Vladimir Putin may want to shift his energy business…
On Monday, September 29, the Wall Street Journal (WSJ) published a story called “Why Peak Oil Predictions Haven’t Come True.” The story is written as if there are only…
A major Canadian natural gas export project could be put on ice indefinitely if British Columbia doesn’t change its tax policies.That’s the threat from CEO of Petronas, the…
First, it was the U.S. company ExxonMobil. Then, France’s Total. Now western sanctions against Russia have led Royal Dutch Shell to discontinue its work with Gazprom Neft extracting shale oil…