Drexel University researchers successfully tested…
Spring brings higher gas prices…
The global LNG market could…
Iraqi oil exports topped 100 million barrels in July, but that’s still lower than the 3.93 million barrels per day rate Baghdad boasted back in May. The latest…
Shale oil producers are hedging again – this is the latest message coming from investment banks and analytical firms, according to Bloomberg. After hedging largely died down when WTI…
Underneath the surface of North Dakota is the Bakken Formation, which is part of the Williston Basin that also lies underneath parts of South Dakota, Montana, southwestern Manitoba and southern…
Two years ago, Royal Dutch Shell gave up drilling in the Arctic. It came across a dry hole and decided the enormous risks and expense weren’t justified. Someone wasn’t listening.…
Is Venezuela’s 2017 transformation symptomatic of the growing global polarization? And does it show how the collapse of globalism is resulting in the re-emergence of a range of governmental forms…
It’s been a complicated and contradictory quarter for oil giant British Petroleum. The struggling corporation has failed to reduce debt in the second quarter, with total profits falling by 5 percent compared…
Back in December 2014, the start of the worst oil rout since the financial crisis claimed its first victim when 113 year old Phibro, then owned by Occidental Petroleum…
State owned Energy Power Industry of Serbia (EPS - Elektroprivreda Srbije) controls all domestic electricity production. The EPS was established after the disintegration of Yugoslavia and the formation of the…
Turkish President Recep Tayyip Erdo?an met with his Russian counterpart, President Vladimir Putin, at the G20 summit, held in Hamburg, Germany, on July 8. Their conversation during the meeting encompassed…
If we could make up one bankable investment rule for oil stocks for the past three years – it would be to note precisely what oil companies are planning for…
Over the last few month, the U.S. dollar index, after gaining ground to record highs immediately following the election, has been in a sustained decline since the end of last…
Friday August 4, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…
European oil majors are turning to offshore wind power projects in the United States. Earlier this year, Shell bid for an offshore wind power lease off the North Carolina coast…
Natural gas prices plunged earlier this week in a move that looks like the final liquidation by investors who bet on a summer rally. The selling was strong enough to…
After a month-long rally oil prices appear to have stagnated this week, although a falling rig count gave prices a slight boost…
The combination of bullish indicators that boosted oil prices last month are unlikely to last, and the price of oil in the third quarter is expected to drop from current…
The number of active oil rigs in the United States fell this week by 1 rig as drillers in the United States proceed more cautiously than earlier in the…
The Nigerian government will make illicit refineries operating in the Niger Delta legal, and will even supply them with crude oil, the presidency announced yesterday. The legalization process will…
After the initial short-lived enthusiasm over OPEC’s production cuts, the market started ignoring attempts by the cartel to talk up oil prices as it became evident that the glut would…
Oil is back at $50 per barrel, restoring some semblance of confidence in the market. But that is just about as much as we can expect in terms of a…