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Energy

Iran Says Oil’s Price Drop No Threat, Won’t Demand Production Cut

Oct 15, 2014 at 17:00 | Andy Tully

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…

2014 May Be A Crucial Year For Iranian Oil

Oct 15, 2014 at 16:53 | Global Risk Insights

On September 29, representatives from the five Caspian littoral states (Azerbaijan, Iran, Kazakhstan, Russia, and Turkmenistan) convened in Astrakhan, Russia for a fourth…

World’s Most Expensive Oil Project Just Got More Costly

Oct 14, 2014 at 16:35 | Nick Cunningham

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…

Caspian Sea Could Be Key To Russian Control Of Eurasian Energy Markets

Oct 14, 2014 at 16:24 | Scott Belinksi

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

No Shale Revolution For Europe

Oct 13, 2014 at 17:22 | Nick Cunningham

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…

5 Reasons Oil Prices Are Dropping

Oct 13, 2014 at 17:09 | Chris Pedersen

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…

How Long Can U.S. Production Survive Low Oil Prices?

Oct 13, 2014 at 16:42 | James Hamilton

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…

The 10 Biggest Energy Company Bankruptcies

Oct 10, 2014 at 18:31 | Andrew Topf

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,…

Dropping Oil Prices Send Shockwaves Through Energy Sector

Oct 10, 2014 at 18:13 | Nick Cunningham

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 Bows To Greenpeace Campaign, Breaks Ties With Shell

Oct 10, 2014 at 17:55 | Andy Tully

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…

This Week in Energy: The Oil Price Panic

Oct 10, 2014 at 16:21 | James Stafford

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…

Oil Panic Favors The Bold

Oct 10, 2014 at 10:35 | Dan Dicker

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…

Why Appearances Can Be Deceiving In European Oil Markets

Oct 10, 2014 at 10:33 | Martin Tillier

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…

Who Loses in an Oil Bear Market

Oct 10, 2014 at 10:29 | Editorial Dept

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,…

Crude Oil And Energy Stocks Suffer As Natural Gas Futures Brighten

Oct 10, 2014 at 09:34 | Jim Hyerczyk

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…

The Role Of Oil Prices In Global Financial Markets

Oct 09, 2014 at 13:34 | Martin Tillier

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 Europe Be Concerned About Russia’s Growing Energy Relationship with Asia

Oct 09, 2014 at 13:19 | ISN Security Watch

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…

Why Peak Oil Predictions Haven’t Come To Pass

Oct 09, 2014 at 12:49 | Gail Tverberg

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…

Petronas Threatens To Scrap Canadian LNG Terminal Over Tax Rates

Oct 08, 2014 at 17:50 | Nick Cunningham

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…

Russian Shale Boom Unlikely As Sanctions Force Another Company Out

Oct 08, 2014 at 17:39 | Andy Tully

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…

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