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$90B Dollar-Denominated Debt Likely Spells Doom For Petrobras

$90B Dollar-Denominated Debt Likely Spells Doom For Petrobras

Sep 24, 2015 at 15:19 | ZeroHedge

There is blood on the streets wherever you look in Brazil today, but probably of most interest to the hundreds of U.S. asset managers (the ones…

Cheaper Energy Is Not Always Better Energy

Cheaper Energy Is Not Always Better Energy

Sep 23, 2015 at 15:38 | Llewellyn King

The market is a wondrous place. It ensures you can drink Scotch whisky in Cape Town and Moscow, or Washington and Tokyo, if you prefer. It distributes goods and services…

Kazakhstan Joins The List Of Suffering Oil Exporters

Kazakhstan Joins The List Of Suffering Oil Exporters

Sep 22, 2015 at 15:23 | The Jamestown Foundation

On August 20, the National Bank of Kazakhstan (NBK) came forward with a surprise announcement. The central bank’s chairman, Kairat Kelimbetov, made official the immediate shift…

Ukraine Finds Itself Sidelined As Gazprom Advances With Nord Stream Two

Ukraine Finds Itself Sidelined As Gazprom Advances With Nord Stream Two

Sep 22, 2015 at 12:03 | The Jamestown Foundation

At Russia’s initiative, the Nord Stream Two natural gas pipeline project has advanced from agreements of intent to a binding agreement; and Gazprom has formed the project consortium with several…

Texas Has Seen Peak Oil Production For Now, Gas Production Still Increasing

Texas Has Seen Peak Oil Production For Now, Gas Production Still Increasing

Sep 21, 2015 at 16:20 | Ron Patterson

The Texas RRC Oil & Gas Production numbers are out. They came out on a weekend this month. All RRC data is through July. The EIA data is through…

Are Fossil Fuels To Be Taxed Soon In Washington State?

Are Fossil Fuels To Be Taxed Soon In Washington State?

Sep 21, 2015 at 15:35 | Kurt Cobb

Yoram Bauman is the world's only "stand-up economist." He makes his living poking fun at his own profession. But he's dead serious about fighting climate…

Russia Puts Arctic Dreams On Hold

Russia Puts Arctic Dreams On Hold

Sep 17, 2015 at 13:29 | Charles Kennedy

Russia will put its Arctic ambitions on hold. The Russian Energy Ministry gave a presentation earlier this week that pointed to exploration in the Kara Sea…

California Ups Renewables Goals As U.S Shale Plays Face Decline

California Ups Renewables Goals As U.S Shale Plays Face Decline

Sep 16, 2015 at 14:30 | Matt Smith

As we approach the first potential interest rate hike of the cycle on Thursday (get ‘er done), here is an annotated chart of the S&P500, highlighting…

Cargo Trends Affirm Falling Oil Production

Cargo Trends Affirm Falling Oil Production

Sep 15, 2015 at 15:57 | Nilofar Saidi

Waterborne shipments of crude and condensate have been heading in one direction since the beginning of the shale revolution: up. That statement is no longer true. Nearly halfway through the…

Bakken Flat But EIA Predicts Decline

Bakken Flat But EIA Predicts Decline

Sep 15, 2015 at 15:57 | Ron Patterson

The North Dakota Industrial Commission has published the July production data for The Bakken and for all North Dakota.

This Is Why Americans Will Pay More For Gasoline If U.S Export Ban Is Lifted

This Is Why Americans Will Pay More For Gasoline If U.S Export Ban Is Lifted

Sep 14, 2015 at 15:42 | Kurt Cobb

They say that the first casualty of war is truth. And, on both sides of the fight over lifting the ban on exports of U.S. crude…

Why Canada’s Devaluation Efforts Will Not Turn The Tide

Why Canada’s Devaluation Efforts Will Not Turn The Tide

Sep 07, 2015 at 15:39 | Soberlook.com

Devaluation is now the preferred tool to reinvigorate slowing economy. On a traded-weighted basis, the US dollar is at its highest level in over a decade.…

Canada’s Supreme Court Lets Ecuador Villagers Sue Chevron For $9.5bn

Canada’s Supreme Court Lets Ecuador Villagers Sue Chevron For $9.5bn

Sep 07, 2015 at 15:10 | MINING.com

Canada's Supreme Court ruled on Friday that a group of Ecuadorian villagers can proceed with their US$9.5 billion pollution lawsuit against Chevron Corp. (NYSE:CVX) in…

U.S Oil Production Slightly Lower Due To Alaskan Maintenance Season

U.S Oil Production Slightly Lower Due To Alaskan Maintenance Season

Sep 04, 2015 at 15:35 | Ron Patterson

EIA begins monthly survey-based reporting of U.S. crude oil production With the release of today’s Petroleum Supply Monthly, EIA is incorporating the first survey-based reporting…

ConocoPhilips Warns Of Dramatic Downturn, Fires 10% Of Global Workforce

ConocoPhilips Warns Of Dramatic Downturn, Fires 10% Of Global Workforce

Sep 02, 2015 at 15:58 | ZeroHedge

Remember when the oil crash was supposed to be "unequivocally good" for the global economy and the US consumer, only for this to be disproven as…

End Of Cheap Fossil Fuels Could Have More Severe Consequences Than Thought

End Of Cheap Fossil Fuels Could Have More Severe Consequences Than Thought

Sep 02, 2015 at 15:40 | Kurt Cobb

The characteristic feeling of the post-2008 world has been one of anxiety. Occasionally, that anxiety breaks out into fear as it did in the last two…

Minor Bullish Signals Do Not Back Up Long Term Oil Price Rally

Minor Bullish Signals Do Not Back Up Long Term Oil Price Rally

Sep 01, 2015 at 16:12 | Euan Mearns

The main action this month has been on the oil price that continued to slide. Both WTI and Brent set new post-crisis lows but saw sharp…

Putin’s Wish For A Strong Sino-Russian Relationship Is Crumbling

Putin’s Wish For A Strong Sino-Russian Relationship Is Crumbling

Sep 01, 2015 at 15:27 | Eurasianet

Russian President Vladimir Putin with his Chinese counterpart, Xi Jinping China will host a huge military parade in Beijing on…

US Oil Production Nears Previous Peak

US Oil Production Nears Previous Peak

Aug 31, 2015 at 15:03 | Ron Patterson

The EIA’s Monthly Energy Review came out a couple of days ago. The data is in thousand barrels per day and the last data point…

Finally Good News For Oil Companies In Kurdish Iraq

Finally Good News For Oil Companies In Kurdish Iraq

Aug 28, 2015 at 16:07 | Andy Tully

The semi-autonomous Kurdistan Regional Government (KRG) says that increased oil sales will allow it to begin making regular monthly payments to the oil companies that export…

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