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News

Kyrgyzstan Pursues Hydropower Plans Without Russian Support

Kyrgyzstan Pursues Hydropower Plans Without Russian Support

Jan 20, 2016 at 12:50 | The Jamestown Foundation

Until the close of 2015, Russia was the sole investor in two planned hydro-electric power projects in Kyrgyzstan: the Upper-Naryn cascade project and the Kambar-Ata-1 hydropower plant. The Upper Naryn…

Bearish Equity Markets Drag Mining Sector Down

Bearish Equity Markets Drag Mining Sector Down

Jan 20, 2016 at 10:25 | MINING.com

Global stocks sank to their lowest levels since 2013 on Wednesday, hit by yet another drop in oil prices and the IMF’s lower growth forecast for China, which is leading…

Low Oil Prices Threaten Nigerian Oil Fields

Low Oil Prices Threaten Nigerian Oil Fields

Jan 19, 2016 at 16:29 | Andy Tully

The price of oil, now in the neighborhood of $30 per barrel, is getting close to its production cost in Nigeria and soon may lead to…

Except For Permian, Texan Oil Production Falling Fast

Except For Permian, Texan Oil Production Falling Fast

Jan 19, 2016 at 16:21 | Ron Patterson

The Texas RRC Oil and Gas Production Data is out. This data is always incomplete. But we can get some idea of what the trend is by comparing it with…

Iran To Drive Oil Prices Lower Still

Iran To Drive Oil Prices Lower Still

Jan 19, 2016 at 11:18 | ZeroHedge

On Monday, we noted with some incredulity that North Dakota Sour - a high-sulfur grade of crude - was briefly going for -$0.50 at the Koch brothers' Flint Hills…

Oil Price Collapse Pushing Russia’s Economy To The Edge

Oil Price Collapse Pushing Russia’s Economy To The Edge

Jan 18, 2016 at 15:59 | Andy Tully

The price of oil is falling faster than Russia can adjust its budget. In June 2014, the global price of oil was over $110 per barrel. But due to a…

While U.S.-Iran Relations Warm, Russia Is The Real Winner

While U.S.-Iran Relations Warm, Russia Is The Real Winner

Jan 18, 2016 at 15:50 | Andy Tully

The lifting of crippling sanctions imposed on Iran over its nuclear program may be opening a new era of closer political and business relations between Tehran…

Low Oil Prices Take Dramatic Toll On Kazakh Economy

Low Oil Prices Take Dramatic Toll On Kazakh Economy

Jan 17, 2016 at 11:32 | Eurasianet

Oil production is entering a new year of decline this year in Kazakhstan — a dismal omen for a country so heavily reliant on energy exports.…

As Conventional Energy Companies Cut Back, Solar Jobs Surge

As Conventional Energy Companies Cut Back, Solar Jobs Surge

Jan 17, 2016 at 11:28 | Andy Tully

The low price of oil and the resultant reduction in spending by fossil fuel companies has allowed the solar energy industry to overtake the U.S. oil…

ISIS Shifts Focus To Libya As Pressure In Syria, Iraq Builds

ISIS Shifts Focus To Libya As Pressure In Syria, Iraq Builds

Jan 14, 2016 at 16:12 | Gregory R. Copley

January 2016 saw an acceleration of the movement of ISIS fighters out of Syria and into Libya. There were profound reasons for this “flight to safety”…

Azerbaijan’s Economy In Dire Straits As Oil Prices Keep Tanking

Azerbaijan’s Economy In Dire Straits As Oil Prices Keep Tanking

Jan 14, 2016 at 16:01 | Eurasianet

With oil prices now barely above $31 per barrel, Azerbaijan’s energy-export economy is taking on lots of water. And what is worse, Baku’s lifeboat, the State…

3 Energy ETF’s For A Battered Oil Market

3 Energy ETF’s For A Battered Oil Market

Jan 13, 2016 at 15:19 | Tom Kool

Recently there was progress for energy investments at the Paris Climate Conference, and subsequent bill H.R.2029 passed by the U.S. Congress. The latter allowed for…

The Big Picture Take on Geopolitical Instability

The Big Picture Take on Geopolitical Instability

Jan 13, 2016 at 14:49 | Gregory R. Copley

Nature has often been described in the verse “Little fish have smaller fish, upon their backs to bite ’em; / Smaller fish have lesser fish; /…

Utilities Cling To Regulated Model As Markets Turn Against Them

Utilities Cling To Regulated Model As Markets Turn Against Them

Jan 12, 2016 at 15:00 | Leonard Hyman & William Tilles

In the early days of electric deregulation, policy wonks compared power plants to oil refineries. The refinery purchased oil at market and transformed it into refined products that it sold…

The Era Of Cheap Credit Is Over, Time For Markets To Wake Up

The Era Of Cheap Credit Is Over, Time For Markets To Wake Up

Jan 12, 2016 at 14:52 | Leonard Brecken

Financial markets repeatedly cling to bits of data to justify irrational conclusions about the current state of the economy. The latest attention-grabbing headline is the great…

Here's The Real Reason High Yield Energy Credit Risk Collapsed This Morning

Here's The Real Reason High Yield Energy Credit Risk Collapsed This Morning

Jan 12, 2016 at 13:07 | ZeroHedge

A few market participants have noticed that the U.S. High Yield Energy sector's credit risk collapsed 170bps this morning according to Bloomberg's data. This is the…

U.S. Prosecutors Say VW Stalling Emissions Probe

U.S. Prosecutors Say VW Stalling Emissions Probe

Jan 11, 2016 at 15:36 | Andy Tully

Volkswagen doesn’t appear to be helping its case in the United States. Already the federal government is suing the German automaker over violations of the country’s…

Beyond Oil, Iran Mulls Ramping Up Gas and Electricity Exports

Beyond Oil, Iran Mulls Ramping Up Gas and Electricity Exports

Jan 11, 2016 at 15:30 | Andy Tully

If and when Western sanctions are lifted, Iran plans not only to resume large exports of oil, but also gas, and is even considering expanding its…

What Value Does Suncor See In Canadian Oil Sands?

What Value Does Suncor See In Canadian Oil Sands?

Jan 10, 2016 at 15:20 | Michael McDonald

One of the most surprising aspects of the current downturn in oil prices has been the lack of major M&A deals thus far. That slow deal…

Is A Massive Earthquake Inevitable In Oklahoma?

Is A Massive Earthquake Inevitable In Oklahoma?

Jan 10, 2016 at 15:14 | Andy Tully

When Americans speak of “the big one,” they’re talking about the potential for a super-massive earthquake that could essentially destroy most of quake-prone California. Now some…

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