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Precious Metals Markets Slide Sideways

Precious Metals Markets Slide Sideways

Metal Miner’s Monthly Metals Index…

Easing Inflation Sparks Bullish Sentiment in Oil Markets

Easing Inflation Sparks Bullish Sentiment in Oil Markets

Easing Inflation Sparks Bullish Sentiment…

Putin Meets With Xi Jinping As Sanctions Weigh on Russian Economy

Putin Meets With Xi Jinping As Sanctions Weigh on Russian Economy

Russian President Vladimir Putin visited…

News

Qatar Changes its Public Relations, Not its Strategies

Qatar Changes its Public Relations, Not its Strategies

Jan 09, 2015 at 16:20 | Defense and Foreign Affairs

There was speculation in late 2014 that Qatar had begun to take a new strategic line, mending relations with Egypt, and that this could also push…

Nebraska Supreme Court Rules To Allow Keystone XL Pipeline

Nebraska Supreme Court Rules To Allow Keystone XL Pipeline

Jan 09, 2015 at 14:06 | Climate Progress

Those opposing the Keystone XL pipeline hold up banners during the U.S. State Department’s sole public hearing in Grand Island, Neb., Thursday,…

Nigerian Oil Spills Will Cost Shell Over $63 Million

Nigerian Oil Spills Will Cost Shell Over $63 Million

Jan 08, 2015 at 15:25 | Andy Tully

Royal Dutch Shell has reached an out-of-court settlement to pay $63.3 million in compensation for two “highly regrettable” oil spills in 2008. Part of that total will include an…

World Oil Production Statistics

World Oil Production Statistics

Jan 08, 2015 at 14:59 | Euan Mearns

This is the first in a monthly series of posts chronicling the action in the global oil market in 12 key charts. The oil price crash of 2014 /…

New Year Oil Price Offensive Launched By Saudi Arabia

New Year Oil Price Offensive Launched By Saudi Arabia

Jan 07, 2015 at 16:18 | Andy Tully

Saudi Aramco, Saudi Arabia’s state oil company, is raising prices for its Asian customers but lowering them for Europe, a move that may muddy any understanding of the kingdom’s oil…

The Worrying Math From US Shale Plays

The Worrying Math From US Shale Plays

Jan 07, 2015 at 16:13 | Ron Patterson

There has been considerable dispute over how many new wells required to keep production flat in the Bakken and Eagle Ford. One college professor posted, over on Seeking Alpha,…

Despite Current Oil Glut, Supply Continues To Grow

Despite Current Oil Glut, Supply Continues To Grow

Jan 06, 2015 at 16:28 | Andy Tully

When the world gives you too much oil, drill for more. That seems to be the motto of some of the most prolific oil producers today. Iraq, Russia, Latin America,…

China Opens Up Unlimited Rare Earth Exports

China Opens Up Unlimited Rare Earth Exports

Jan 06, 2015 at 16:24 | MINING.com

China has scrapped its controversial quotas on rare earths exports and is likely to replace them with a resources tax, eliminating a policy that sparked a global trade dispute and…

China Following Through On Early Emissions Promises

China Following Through On Early Emissions Promises

Jan 05, 2015 at 15:57 | Andy Tully

China has finished building the world’s largest plant designed to use excess methane gas, produced by mining coal, to generate electricity. The Lu’an Group, which built the plant in…

US LNG Exports Receive Major Boost

US LNG Exports Receive Major Boost

Jan 02, 2015 at 15:58 | Andy Tully

A US regulatory agency has approved plans by Cheniere Energy to proceed with building a liquefied natural gas (LNG) terminal in Corpus Christi, Texas, on the coast of the Gulf…

Azerbaijan Can Handle Low Oil Prices Say Officials

Azerbaijan Can Handle Low Oil Prices Say Officials

Jan 02, 2015 at 15:54 | Eurasianet

“Azerbaijan is not afraid of $60 per barrel,” a headline on the pro-government Azerbaijani news site Trend proclaimed recently. But with Brent crude oil, the benchmark…

Russian Woes Continue As Ruble Plumbs New Depths

Russian Woes Continue As Ruble Plumbs New Depths

Dec 30, 2014 at 12:34 | Andy Tully

Russia’s Economic Development Ministry reports that the country’s economy shrank for the first time in five years in November, measuring 0.5 percent lower in November than it did in the…

Tesla Increase Range Of Roadster By 50%

Tesla Increase Range Of Roadster By 50%

Dec 30, 2014 at 12:28 | Climate Progress

Tesla Motors CEO Elon Musk shows off the all-wheel drive “D” in October. Credit: AP PHOTO/RINGO H.W. CHIU Elon Musk, the…

September World Oil Production Surprises

September World Oil Production Surprises

Dec 29, 2014 at 15:47 | Ron Patterson

The EIA has published International Energy Statistics with Crude + Condensate numbers for September 2014. As most of you know I only follow Crude + Condensate because I believe…

Russia Sends Cheap Energy To Ukraine To Avoid Crimea Blackouts

Russia Sends Cheap Energy To Ukraine To Avoid Crimea Blackouts

Dec 29, 2014 at 15:14 | Andy Tully

Russia says it will sell Ukraine coal and electricity at low prices to allow it to keep providing power and transport services to Crimea, the peninsula that Russia annexed in…

Diminishing Returns In The Bakken

Diminishing Returns In The Bakken

Dec 26, 2014 at 14:40 | Ron Patterson

North Dakota publishes their Historical Barrels of Oil Production by County which gives county by county production back to 1951. The data here does not include confidential wells but…

Christmas Day And UK Energy Policy Failure

Christmas Day And UK Energy Policy Failure

Dec 26, 2014 at 14:29 | Euan Mearns

On Christmas Day, children began opening their presents at around 05:00 am in the UK. As the excitement gathered pace, the country’s coal power stations were fired up providing 38%…

Oil Minister Says Saudi Will Never Cut Production Regardless Of Price

Oil Minister Says Saudi Will Never Cut Production Regardless Of Price

Dec 23, 2014 at 17:02 | Andy Tully

Saudi Arabia Oil Minister Ali al-Naimi, still on the offensive, says his country would never cut production to prop up the price of crude, even if it dropped to $20…

OPEC May Cull Weaker Members

OPEC May Cull Weaker Members

Dec 23, 2014 at 16:51 | Evan Kelly

While much has been made of the oil price war theories lately, whether it is a direct competition between the United States and Saudi Arabia, or whether the two…

Low Oil Prices Lead To U.S. Refining Boom

Low Oil Prices Lead To U.S. Refining Boom

Dec 23, 2014 at 16:49 | Evan Kelly

In the low oil price environment, many major companies are slashing their capex for 2015 while also downsizing operations to limit the impact on share prices. While consumers may…

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