When policymakers both here and…
Israeli authorities claimed to have…
Apache, Marathon Oil Corp. and…
The Colorado Court of Appeals has recently ruled 2-1 in favor of six teenage activists who had petitioned the Colorado Oil and Gas Conservation Commission to consider a rule that…
Oil prices started the week at a one-month high, with geopolitical tensions and growing confidence over an OPEC deal extension driving a rally. But as oil prices settle in the…
Saudi Arabia reduced its crude oil production by 111,000 bpd to 9.9 million bpd in March, again generously overcomplying with the OPEC output cut deal after having raised February output—but…
Today is national submarine day, and oil prices are trying not to submerge after a recent sustained rally. Today we get the opening gambit from the triumvirate of reports from…
Just a day after production at Libya’s largest oil field was suspended, the National Oil Corporation told local media that another field, Wafa, has also stopped producing. This…
Quick update to my recent story on Libya’s largest oil field shutting down— with reports yesterday suggesting that the Sharara field has once again gone offline following possible…
Shale companies have pushed breakeven oil prices below $40 per barrel—but so have major oil companies. Analysts commonly portray cost reduction as something unique to the tight oil companies. Data…
Notable authorities such as the EIA, the IEA, OPEC and BP forecast growth of demand for oil in their base case scenarios through the end of their forecast periods. These…
Resource-challenged Japan, the world’s top LNG importer, the third-largest oil consumer and net importer, and the third biggest coal importer, is estimated to have spent an additional annual average…
The eleven Arab countries that comprise the Organization of Arab Petroleum Exporting Countries have combined proved reserves of 710 billion barrels of crude – 55.6 percent of the world’s total,…
Production from Sharara, Libya’s biggest oil field, has stopped again, unnamed sources told Bloomberg. The sources said the pipeline that carries crude from Sharara to the Zawiya export terminal…
A potential oil and gas opportunity emerged last week in Romania. When that country’s government liberalized pricing and exports for natural gas— which could see producers here getting better…
The Baker Hughes North American Rotary Rig Count wallowed in relative obscurity among the world’s business writers for decades. The Hughes in Baker Hughes is the original Hughes Tool Company,…
The oil price crash that destroyed a lot of smaller oil producers has not spared the finances of even the oldest and largest oil companies. Trying to keep the precious…
Nigerian President Muhammadu Buhari’s nascent campaign to negotiate with separatists in the oil-rich Niger Delta has proven to be more effective in restoring oil output to pre-conflict highs than his…
The global market for LNG is changing quickly, spurred on by new sources of supply from U.S. shale. U.S. natural gas production surged over the past decade, as fracking opened…
While Tesla, Inc. (TSLA), wowed investors by breaking $300 per share, it may be the leading anomaly for the cleantech and alt energy stock market. Reaching $53 billion in market…
Venezuela’s economic, humanitarian and political crisis hit critical levels at the end of March, when Venezuela’s president and the Supreme Court of Justice initiated a process that will deprive the…
Ukraine’s DTEK Trading, owned by Rinat Akhmetov, and Moldova’s state-owned intermediary, Energocom, signed a one-year contract, on April 1, for the supply of electricity to Moldovan distributors. Energocom/DTEK’s only competitor…
Most oil analysts have one goal in mind, and it’s not to be right about predicting the future prices of oil. It’s about trying especially hard not to be wrong.…