British multinational oil & gas…
After another bout of intensive…
The U.S. has reimposed sanctions…
Since oil prices recovered to over US$50 per barrel, analysts have started calling the bottom of the investment cycle in the oil industry. But while many U.S. onshore drillers are…
A 2014-style oil price meltdown could occur again. Only this time, instead of a sudden surge of supply, the culprit will be the fast adoption of electric vehicles, which will…
The political discourse last year has largely been dominated by the absence of jobs and wage growth in the blue collar space. For many blue collar workers, the energy sector…
Laser-based detectors are the core of three recently publicized methane detection projects that aim to curb uncontrolled methane emissions at oil and gas fields and storage sites. The projects are…
Notwithstanding Monday’s big stock market drop, the outlook for investors is getting cloudier. While President Trump and the Republicans have made many promises that appeal to investors such as corporate…
Saudi Arabia has raised the prices of all grades it will be shipping to Asia, the U.S., Northwest Europe and the Mediterranean countries, with prices for Asian buyers increased more…
Yes, it's Groundhog Day (again), and that dastardly Punxsutawney Phil has seen his shadow, predicting six more weeks of winter. Fortunately, he's no good at forecasting (unlike the woolly worm),…
The recent National Intelligence Council report assessing the involvement of Russia in last year’s U.S. presidential elections spurred a flurry of media reports suggesting that Russia is heavily involved…
How much wood could a woodchuck chuck? Okay, that’s trite, but assuming a woodchuck can chuck wood, the classic children’s alliteration leads economists to think about productivity, poetically. Now I…
The oil industry invested more than $28 billion in buying up land in the Permian Basin in 2016, three times the amount spent in 2015, according to Reuters. That…
Low oil prices and the distress of the solar, coal, and oil and gas producers resulted in nine energy firms making the top 10 of public company bankruptcies for 2016…
The most unloved sector in energy is starting to “sea” slightly sunnier skies on the ocean’s horizon. The decline in oil prices has had a dramatic effect on many investors’…
Russian Energy Minister Alexander Novak has announced that global oil output was cut by 1.4 million barrels per day last month, in the aftermath of the deal between OPEC…
“show me a pipe and I will show you a leak” …. Common Sense It’s no secret that the Keystone XL (KXL) and Dakota Access Pipelines were resurrected last week…
The U.S. Army Corps of Engineers will be granting shortly the last approval needed for the completion of the Dakota Access Pipeline, North Dakota’s Republican U.S. Senator John Hoeven and…
The Energy Information Administration today reported a 6.5-million-barrel increase in commercial crude oil stocks in the U.S., a day after the American Petroleum Institute reported a smaller build in…
I’ve been discussing the return of big oil and gas M&A the last several weeks. And yesterday we got more confirmation it’s “money on” right now in the global…
It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how U.S.…
According to a provision of the recent OPEC production deal, the Islamic Republic of Iran is mandated to keep production below a threshold of 3.797 million bpd. Yet this…
The much hyped “trade war” that Donald Trump is apparently preparing for the southern neighbor of the U.S. could be over before its starts, as the full extent of the…