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News

Major Shale Find Could Guarantee Israel’s Oil Supply For Years

Major Shale Find Could Guarantee Israel’s Oil Supply For Years

Oct 08, 2015 at 15:23 | Andy Tully

Energy geologists estimate that billions of barrels of crude oil are available in shale in the occupied Golan Heights, but will Israel be able to get…

Export Ban Opponents Unrelenting Ahead Of Tomorrow’s Senate Vote

Export Ban Opponents Unrelenting Ahead Of Tomorrow’s Senate Vote

Oct 08, 2015 at 15:14 | Andy Tully

Senate Republicans, eager to pass legislation that would lift the 40-year-old ban on virtually all exports of U.S. crude oil, repeatedly tried to persuade Energy Secretary…

Little Hope For Crude Oil Exports If Clinton Is Elected

Little Hope For Crude Oil Exports If Clinton Is Elected

Oct 08, 2015 at 11:38 | Robert Rapier

Another Clinton Administration Likely I know some people cringe at the idea, but Hillary Clinton is the current favorite to win not…

What’s Next For Oil Prices?

What’s Next For Oil Prices?

Oct 07, 2015 at 14:54 | Andy Tully

Oil industry leaders say they see the price of crude on the verge of recovery, though it’s not clear how quickly it will rise. The question…

UK Gov Sees Fracking As Better Option Than Clean Energy

UK Gov Sees Fracking As Better Option Than Clean Energy

Oct 07, 2015 at 14:48 | Andy Tully

UK Energy Secretary Amber Rudd says Britain’s Conservative government is determined to cut subsidies to companies developing clean energy alternatives to oil and gas, and argues…

Uncertain Times Ahead For The Saudis

Uncertain Times Ahead For The Saudis

Oct 07, 2015 at 11:12 | ZeroHedge

As the Emerging Market world looks on helplessly while Saudi Arabia’s war with the U.S. shale complex (and, by extension, with the Fed) serves to keep…

BP Settles With US Gov For $20.8 Billion

BP Settles With US Gov For $20.8 Billion

Oct 06, 2015 at 15:12 | Andy Tully

In announcing the settlement reached by BP with the U.S. Justice Department and five states, Attorney General Loretta Lynch said the British energy giant got “the punishment it deserves” for…

Oil Industry Gaining Ground In Washington To End Export Ban

Oil Industry Gaining Ground In Washington To End Export Ban

Oct 06, 2015 at 15:12 | Andy Tully

Congress is getting closer to voting on ending the 40-year-old ban on exporting U.S. crude oil, but even if the measure passes, it’s not clear whether…

Top 10 Reasons Why JP Morgan Thinks LNG Is Doomed

Top 10 Reasons Why JP Morgan Thinks LNG Is Doomed

Oct 06, 2015 at 13:22 | ZeroHedge

With LNG supply set to increase meaningfully over the next few years, JPMorgan sees a buyer's market until 2020 with limited new long term contracts being signed and renewal of…

Latest Jet Fuel Research Could Save Many Lives

Latest Jet Fuel Research Could Save Many Lives

Oct 06, 2015 at 10:01 | Futurity

A new polymer added to jet fuel can reduce the chance of an explosion after a crash. Recent tests show that it improves safety without affecting…

Why This Is No Ordinary Oil Price Shock For Canada

Why This Is No Ordinary Oil Price Shock For Canada

Oct 05, 2015 at 16:08 | Soberlook.com

Canada is no stranger in dealing with oil price collapses. The sharp fall in the price of crude in 2014 is not unprecedented. Over the past 30 years, there have…

Six Reasons Natural Gas Prices Are Staying Down

Six Reasons Natural Gas Prices Are Staying Down

Oct 05, 2015 at 15:50 | Tom Kool

The critical natural gas transit country, Ukraine, reached a supply agreement in the last week of September with the EU’s largest fuel supply partner: Russia.One could argue…

Ukraine To Resume Gas Purchases From Russia This Fall

Ukraine To Resume Gas Purchases From Russia This Fall

Oct 02, 2015 at 15:44 | The Jamestown Foundation

On September 25, Russia, Ukraine and the European Commission (EC), which has been acting as a mediator in the energy talks between Moscow and Kyiv, agreed…

EIA’s Latest Petroleum Report Yields Few Surprises

EIA’s Latest Petroleum Report Yields Few Surprises

Oct 01, 2015 at 16:07 | Ron Patterson

The EIA has just published their Petroleum Supply Monthly with July production data for the USA and all states and territories. There were really no…

Will The Oil Market Stalemate Be Broken Next Month?

Will The Oil Market Stalemate Be Broken Next Month?

Sep 30, 2015 at 15:04 | Euan Mearns

With momentous events unfolding on the World stage, the oil market continues to evolve at a glacial pace. Global total liquids production was 96.29 Mbpd in August, down 630,000 bpd…

Egypt’s Gas Find Could Make Or Break Geopolitics In The Region

Egypt’s Gas Find Could Make Or Break Geopolitics In The Region

Sep 30, 2015 at 14:27 | Global Risk Insights

Over the past few years, the discoveries of hydrocarbons in the eastern Mediterranean have quietly led to strategic realignment among the regions actors, including Egypt, Israel, Cyprus, Turkey and Greece.

Chinese Coal Company Fires 100,000

Chinese Coal Company Fires 100,000

Sep 28, 2015 at 16:03 | ZeroHedge

The global commodity collapse is finally starting to take its toll on what China truly cares about: the employment of the tens of millions of currently…

Just How Important Is China To The Global Economy?

Just How Important Is China To The Global Economy?

Sep 28, 2015 at 15:53 | James Hamilton

How important would an economic downturn in China be for the United States?Paul Krugman reviews some of the reasons why the United States perhaps shouldn’t worry too…

Could Russia Have Had A Role In Recent PKK Attacks On Turkish Pipelines?

Could Russia Have Had A Role In Recent PKK Attacks On Turkish Pipelines?

Sep 25, 2015 at 17:04 | The Jamestown Foundation

On August 25, an explosion occurred on the South Caucasus Pipeline (also known as the Baku-Tbilisi-Erzurum pipeline), which transports natural gas from Azerbaijan, through Georgia, and…

Bitcoin Goes Mainstream as an Investment Vehicle

Bitcoin Goes Mainstream as an Investment Vehicle

Sep 24, 2015 at 15:55 | Michael McDonald

The commodities markets are some of the oldest trading markets in the world. The basic idea of trading wholesale goods between parties is as old as…

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