In case of further escalation,…
Tesla is laying off over…
Regional banks BOK Financial, Citizens…
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…
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…
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…
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…
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…
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 data from the NDIC is out. Bakken/ Three Forks data shown in…
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…
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.…
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…
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…
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…
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…
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.…
Today, as had been expected, Peabody Energy Corp. (NYSE: BTU) — the largest coal producer in the United States — filed for Chapter 11 bankruptcy protection.…
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…
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…
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,…
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…
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…