China has emerged as a…
Venezuela is preparing for the…
Per the latest weekly data…
Chinese crude oil imports in July dropped to their lowest level in seven months, although they rose 12 percent on an annual basis, according to calculations made by Reuters…
Exports outweigh imports in February, April, May: EIA The U.S. has been a net exporter of natural gas for three of the first five months of 2017, according to a…
Amid stubbornly falling oil prices and growing doubts about OPEC’s ability to rein in production, the EIA reported a draw in U.S. commercial crude oil inventories of 6.5 million…
Policy across the U.S. is changing fast since the election of President Trump. And natural resource companies have already begun to benefit from the shift. Now two more major measures…
Oil and gas is, apparently, the latest industry that millennials have marked for death. They don’t want to work in the industry because it’s dirty, difficult, and dangerous.…
BP made a potentially groundbreaking discovery in New Mexico, which could open up a new area for shale gas development. BP was drilling in a little-known area in northern New…
New data from the Energy Information Administration (EIA) has brought some good news for advocates of U.S. natural gas production. In three of the first five months of 2017,…
The new age space race is upon us as Elon Musk’s SpaceX gears up to send billionaires to the moon and NASA plans for upcoming missions this…
For six months, the Federal Energy Regulatory Commission (FERC) lacked the voting quorum necessary to authorize construction of oil and gas pipeline projects and LNG export terminals. Last week,…
Compliance with the OPEC oil output deal continues to decline as the cartel's production increases for the month of July. (Click to enlarge)
The true foresight on which competitive advantages are built does not result from extrapolations of past experience. It results from early identification of the trends that will be driving a…
More drama in embattled oil producer Libya this week. With reports suggesting the country’s largest oil field has once again been endangered by local fighting. Reuters reported early Monday that…
I had an interesting email inquiry from a reader over the weekend. I don't know if he'd want to be identified by his full name, so let's just refer to…
The decline in U.S. comparative inventories since February is the most significant oil market development since prices collapsed three years ago. It means that U.S. demand has exceeded supply for…
Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story to watch in the oil markets," according to Helima Croft of RBC Capital Markets. The economic, political and security…
The U.S. Congress has passed new sanctions targeting Russia’s energy companies. Among the other notable aspects of the sanctions is that they take some authority away from the U.S. president…
Tensions between the U.S. and China are escalating, and it could have a negative impact on clean energy policies that the two countries had previously agreed to. Over the past…
A Russian Security Council commission has recommended breaking down Gazprom’s gas export monopoly in a bid to boost the competitiveness of Russia’s gas, Russian daily Vedomosti reported after seeing…
Libya and Nigeria pushed OPEC’s crude oil output in July to the highest this year, at 32.82 million barrels daily, a survey by S&P Platts has revealed. The cartel…
The Permian basin is starting to see decline rates from shale wells accelerate, a trend that could be the result of too much drilling. Shale wells suffer from steep decline…