News

Dec 30, 2015 at 15:36 | ZeroHedge

On Tuesday, we took a close look at the forecast for the Russian economy given various assumptions about the price of oil in 2016. While…

Dec 29, 2015 at 17:12 | Andy Tully

Green energy evidently has survived its reputation of being too expensive for the amount of power it provides, especially when compared to fossil fuels. Like any…

Dec 29, 2015 at 17:08 | ZeroHedge

We’ve spent quite a bit of time this year documenting Saudi Arabia’s fiscal bloodbath. In the wake of the kingdom’s move to deliberately suppress crude prices…

Dec 29, 2015 at 12:57 | ZeroHedge

Having collapsed to record lows last week, NatGas futures have soared almost 40% as record warm temperatures in the Northeast (and a record glut) have given…

Dec 28, 2015 at 16:05 | Andy Tully

Iran is dismissing a report that it plans to offer steep discounts on oil to many customers, particularly in Asia, when it returns to the global…

Dec 28, 2015 at 15:54 | Andy Tully

Once upon a time, Alaska operated pretty much like any of the other 49 U.S. states, particularly in how it raised money to serve its population.…

Dec 27, 2015 at 16:08 | Andy Tully

Mikhail Khodorkovsky may have thought himself a free man at last when Russian President Vladimir Putin pardoned him of financial crimes two years ago. Now, though,…

Dec 27, 2015 at 16:04 | Ron Patterson

I follow the JODI World Oil Database primarily because it is now four months ahead of the EIA international data base. I make some adjustments…

Dec 23, 2015 at 15:19 | Andy Tully

U.S. energy giant Chevron Corp. says it’s got a tentative deal to sell liquid natural gas (LNG) from its Australia operations to a Chinese energy company…

Dec 22, 2015 at 15:13 | Andy Tully

So far, Russia has managed to maintain generous oil production despite OPEC’s persistent refusal to cut its own output. “I will tell you when Russian companies…

Dec 22, 2015 at 15:07 | Andy Tully

Royal Dutch Shell and BG Group say their shareholders will vote in late January on the companies’ merger, even though the proposed deal, announced in April,…

Dec 21, 2015 at 15:58 | Andy Tully

As Britain’s Conservative government moves to reduce subsidies for renewable energy technology, the U.S. Congress appears at least to have suspended its partisan legislative logjam and…

Dec 21, 2015 at 15:49 | Leonard Brecken

It’s very clear that both the industrial and manufacturing sectors are in recession while consumer spending slows but remains positive despite lower commodity prices. This divergence…

Dec 18, 2015 at 15:48 | Andy Tully

Israel’s High Court of Justice must now decide whether the government of Prime Minister Benjamin Netanyahu was right in approving a controversial U.S.-Israeli partnership to develop…

Dec 18, 2015 at 15:42 | Francesco Stipo

In 1975, President Ford signed a ban on oil exports. After OPEC had imposed an embargo on U.S. oil, fuel prices were skyrocketing and reserves were…

Dec 17, 2015 at 14:25 | Andy Tully

Real estate mogul Donald Trump may be enjoying continued success in his quest for the U.S. presidency, but he struck out in a big way in…

Dec 17, 2015 at 14:07 | Andy Tully

No matter how a utility generates electricity, whether with fossil fuels, solar or wind, there will always be the need for backup power. That means a…

Dec 16, 2015 at 15:55 | Andy Tully

Oil may not be the most profitable commodity on the market lately, but that didn’t stop bidders from snapping up all 25 contracts for onshore oil…

Dec 16, 2015 at 15:50 | Andy Tully

At least for the time being, the Chinese government is dropping its “price adjustment,” or discount, for retail gasoline and diesel fuel as it struggles to…

Dec 15, 2015 at 15:25 | Andy Tully

Hilcorp Energy Co., known for its innovative ways to extract oil, has decided that there’s more than one way to tap the resources beneath the Arctic…