EOG has been drilling in…
BP's new oil production facility…
Octopus Energy's valuation has surpassed…
I’ve been trading oil and learning about oil companies for 30 years, and one thing I can tell you is that the common wisdom about the oil market is almost…
When stocks in a sector come under pressure, as has been the case with energy stocks over the last few months, the speed with which an individual stock bounces back…
The Eastern Mediterranean is an emerging region for natural gas development, and the resources underneath the seabed hold out the promise of an economic bounty to several small countries in…
While most investors were focused on the recent volatility in the equity markets and the weakness in the crude oil and natural gas markets, shrewd money managers were taking advantage…
The slide in oil prices has raised speculation that oil companies in the U.S. could be forced to cut back on production, but a market slump in another commodity is…
The struggling Russian economy was short on good news last week as Moody’s Investors Service slashed the country’s credit rating to its second lowest level, Baa2, citing the crisis…
A person might think that oil prices would be fairly stable. Prices would set themselves at a level that would be high enough for the majority of producers, so that…
Two related articles appeared in Blowout Week last Sunday. In the first the Daily Express fulminated about how the UK government’s energy policies will send electricity bills skyrocketing and…
Negotiations over a natural gas deal between Ukraine and Russia have faltered since the spring, but the standoff has taken on a new urgency as winter approaches.Following the…
Russia’s chief investigative panel has opened a criminal probe into the Oct. 20 accident at Moscow’s Vnukovo International Airport that killed Christophe de Margerie, the CEO of the French multinational…
Here I re-tread a well-trodden path, but with recent events in the oil market I thought a brief recap might be timely.I begin with a photographic illustration of…
When the world's business editors sent their reporters canvassing to find out what is behind the recent plunge in the world oil price, they were doing what they do almost…
Slumping oil prices are putting pressure on U.S. drillers.The number of active rigs drilling for oil and gas fell by their most in two months, according to the…
Investors force big private energy companies into liquidation; energy dominance shifts to emerging markets CHICAGO: Lee Raymond, the famously pugnacious oilman who led ExxonMobil between 1999 and 2005,…
When the Norwegian energy company Norsk Hydro explored a prospective oil well in the North Sea in 1992, it found only an estimated 6 million barrels of crude, then abandoned…
Japan’s record purchases of liquefied natural gas (LNG) show no sign of slowing as the country continues to try and fill the energy shortfall created when it took its nuclear…
Oil prices (along with prices of many other commodities) have fallen dramatically since last summer. Some observers are waiting to see if Saudi Arabia responds with significant cutbacks in…
For 4 years now the oil price (Brent) has been range bound between $90 and $130 per barrel (Figure 2). This is where it settled after the convulsions of the…
Russia, Saudi Arabia, and the US will feel the effects of oil prices in radically different ways.It would be logical…
American utility companies are facing lower-than-average fuel supplies as they begin to stockpile for the winter. Part of the reason is the country’s oil boom. Moving oil by…