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Rising Middle East Risk Sparks Fear of $100 Oil

Rising Middle East Risk Sparks Fear of $100 Oil

In case of further escalation,…

Tesla to Lay Off Over 10% of Global Workforce

Tesla to Lay Off Over 10% of Global Workforce

Tesla is laying off over…

Small Banks Significantly Boost Loans to Oil And Gas Firms

Small Banks Significantly Boost Loans to Oil And Gas Firms

Regional banks BOK Financial, Citizens…

News

Iran Drives OPEC Production Up In March

Iran Drives OPEC Production Up In March

Apr 21, 2016 at 15:23 | Ron Patterson

The latest OPEC Monthly Oil Market Report is out. The charts are “Crude Only” production and do not reflect condensate production. Also the charts, except for Libya, are not zero…

Can Mongolia Be Saved From Low Commodity Prices?

Can Mongolia Be Saved From Low Commodity Prices?

Apr 21, 2016 at 13:49 | Global Risk Insights

Having capitalized on the global commodity boom, and its proximity to a ravenous China, Mongolia has until recently seen rapid economic growth. As Chinese growth forecasts…

BHP To Sell All Coal Activities In Indonesia

BHP To Sell All Coal Activities In Indonesia

Apr 21, 2016 at 09:36 | Dave Forest

Unexpected move yesterday announced by one of the largest mining companies globally. Showing it may be bailing out of a country that used to be one…

Pre-Salt Bonanza Begins In Brazil With First Oil Produced

Pre-Salt Bonanza Begins In Brazil With First Oil Produced

Apr 20, 2016 at 13:36 | Irina Slav

The Brazilian pre-salt bonanza has now officially begun, with Norway’s Statoil and partners announcing production of the first oil and gas from the offshore Gavea field…

Statoil Branches Out Into Renewables With Wind Investment

Statoil Branches Out Into Renewables With Wind Investment

Apr 20, 2016 at 13:06 | Michael McDonald

For all of the excitement over renewable energy, one of the ironies in the space is that the vast majority of attention is being focused on…

Noble Seeks To Sell Off 15 Percent Of Leviathan Gas Field

Noble Seeks To Sell Off 15 Percent Of Leviathan Gas Field

Apr 19, 2016 at 15:50 | Irina Slav

Though a game-changing gas discovery for Israel and for the discoverer, Texas-based Noble Energy, the giant Leviathan offshore gas field in the Eastern Mediterranean has been…

North Dakota Sees Small Production Decline

North Dakota Sees Small Production Decline

Apr 19, 2016 at 14:32 | Ron Patterson

  North Dakota data from the NDIC is out. Bakken/ Three Forks data shown in…

Russia Needs To Diversify Away From Energy

Russia Needs To Diversify Away From Energy

Apr 19, 2016 at 14:31 | Eurasianet

As Russia’s economic downturn continues, some experts and politicians are sounding an alarm about the country’s long-term competitiveness, and are calling for increased government spending to…

Reform Needed For Algeria To Ride Out Low Oil Prices

Reform Needed For Algeria To Ride Out Low Oil Prices

Apr 18, 2016 at 15:25 | Global Risk Insights

The sharp decline in oil prices over the last two years has generated a heavy economic shock on oil-exporting nations, especially those whose GDP and exports are dominated by oil.…

Is Premier Oil’s Big North Sea Risk About To Pay Off?

Is Premier Oil’s Big North Sea Risk About To Pay Off?

Apr 18, 2016 at 15:21 | Irina Slav

It’s a tricky game that Premier Oil is playing in the ultra-expensive North Sea, but is it finally paying off? Premier Oil, the independent UK exploration company, has announced its first…

Striking Oil Workers Disable Over 60% Of Kuwait’s Oil Production

Striking Oil Workers Disable Over 60% Of Kuwait’s Oil Production

Apr 18, 2016 at 09:31 | Dave Forest

The Doha talks came and went yesterday. With little to show after Saudi Arabia largely refused to take action on oil output cuts without the cooperation of Iran. But even…

Just How Much Energy Lies Beneath The Arctic

Just How Much Energy Lies Beneath The Arctic

Apr 15, 2016 at 16:48 | ZeroHedge

The Arctic has been the fascination of many people for centuries. Hundreds of years ago, the Europeans saw the Arctic’s frigid waters as a potential gateway…

The Systemic Risk Created By Resource Corruption

The Systemic Risk Created By Resource Corruption

Apr 15, 2016 at 16:42 | Kurt Cobb

Corruption is a loaded word. One person's corruption is another's sound social policy. Some people believe providing unemployment benefits to laid-off workers corrupts them by making…

Canadian Crude Exports To U.S. Hit Record High

Canadian Crude Exports To U.S. Hit Record High

Apr 14, 2016 at 14:30 | Irina Slav

Canada exported 3.2 million barrels of crude per day to the United States last year, the Energy Information Agency reported, a 10 percent annual increase and an all-time record high.…

What Was The Primary Cause Of The Coal Crash?

What Was The Primary Cause Of The Coal Crash?

Apr 14, 2016 at 14:28 | Robert Rapier

Today, as had been expected, Peabody Energy Corp. (NYSE: BTU) — the largest coal producer in the United States — filed for Chapter 11 bankruptcy protection.…

Giants Continue To Topple In The Energy Sector

Giants Continue To Topple In The Energy Sector

Apr 14, 2016 at 12:51 | ZeroHedge

Following yesterday's historic bankruptcy of Peabody Energy, the world's largest coal miner, the defaults continued hot and heavy overnight when first Energy XXI, which had already…

Nord Stream Pipeline Expansion Inches Forward Despite EU Opposition

Nord Stream Pipeline Expansion Inches Forward Despite EU Opposition

Apr 13, 2016 at 15:21 | Irina Slav

A recent speech by the European Commission’s vice-president in charge of energy Maroš Šef?ovi? has added fuel to an ongoing debate about the second part…

Oil Falls As Russia Tempers Tone On Output Freeze

Oil Falls As Russia Tempers Tone On Output Freeze

Apr 13, 2016 at 12:17 | ZeroHedge

Yesterday, Russia said that a deal was virtually assured with Saudi Arabia to "freeze" production (at record levels) that did not require Iran's participation. And now,…

Here's The First

Here's The First "Panama Papers" Fallout In The Resources Sector

Apr 13, 2016 at 10:19 | Dave Forest

Readers the world over are still busy crawling through information from the “Panama Papers” leak — which has revealed how high-profile persons around the globe used…

Chesapeake To Maintain $4B Credit Base, But At What Cost?

Chesapeake To Maintain $4B Credit Base, But At What Cost?

Apr 12, 2016 at 13:00 | ZeroHedge

We are entering the critical spring borrowing base redetermination season, which as we previewed previously is the biggest threat to near-insolvent energy companies whose banks…

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