Article Archive | Page 1153

Apr 03, 2017 at 10:08

Crude oil production at the Sharara field in western Libya – the country’s biggest – has resumed, an anonymous source told Reuters, and the force majeure that the National…

Apr 03, 2017 at 09:34

It isn’t being detailed in the Western press — but things have changed drastically for energy and mining in one of Southeast Asia’s most important markets. Thailand. The most visible…

Mar 31, 2017 at 15:46

OPEC, which has far exceeded the average life of cartels, is on the brink of failure. Though cracks have been developing in the cartel since the start of the current…

Mar 31, 2017 at 15:44

Oil prices rallied more than 4 percent over the past week on rising expectations of an extension of the OPEC deal. Kuwait and several other OPEC members voiced support for…

Mar 31, 2017 at 15:44

Russia’s President Vladimir Putin said on Thursday that the country not only can—but will—become the world’s biggest LNG producer. Although Putin did not specify a time frame for reaching…

Mar 31, 2017 at 15:43

The BP Statistical Review of World Energy has oil production data by country up to the end of 2015. This is what that looks like from 1988:

Mar 31, 2017 at 15:43

The director of the Russian transport ministry’s Department of Maritime and River Transportation, Vitalii Klyuyev, spoke, on March 24, at the “LNG [liquefied natural gas] Bunkering Market as an Alternative”…

Mar 31, 2017 at 15:42

Wärtsilä, the Finnish manufacturer of marine and small terrestrial engines, founded way back in 1834, recently announced its entry into the solar power and battery business. The company plans to…

Mar 31, 2017 at 15:41

Russia has revamped its Central Asia policy in recent months with a major outreach to Pakistan and stepping forward as a power broker in Afghanistan, its former stomping grounds. With…

Mar 31, 2017 at 15:41

Adding fuel to an already highly combustible situation in Southeast Asia, Reuters reported Tuesday that China has “largely completed major construction of military infrastructure on artificial islands it has…

Mar 31, 2017 at 15:41

Europe’s longest running conflict was reactivated in Karabakh on February 25, with cease-fire violations along the line of contact. The skirmishes lasted a few days and left several soldiers dead…

Mar 31, 2017 at 15:40

They say that success is easy: All one needs to do is find something that works, and then do it – over and over again. Early last year, I recommended…

Mar 31, 2017 at 15:39

Trade ideas usually come from one of two sources. Either they are fundamental or technical. Fundamental ideas reflect a change, or more often an expected change, in the fortunes of…

Mar 31, 2017 at 15:39

Friday March 31, 2016 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Mar 31, 2017 at 15:34

Politics, Geopolitics & Conflict • Brexit could be good for the UK’s oil and gas industry, according to some observers. The reason is that unlike the financial industry, which is…

Mar 31, 2017 at 15:31

The strong performance on Thursday has put crude oil in a position to finish the week at a three-week high. The week began with the market being underpinned by reports…

Mar 31, 2017 at 15:31

- WTI rallied back into $50 territory this week with help from positive OPEC speak regarding an output cut renewal, production outages in Libya, Iraq and Canada and compliance levels…

Mar 31, 2017 at 14:49

Oil prices rose this week as markets are more optimistic about an extension of the OPEC output deal and falling gasoline inventories (Click to…

Mar 31, 2017 at 12:38

The United States oil and gas rig count jumped by 15 this week, to its highest level since September 25, 2015, according to Baker Hughes’ latest report on domestic…

Mar 31, 2017 at 10:59

Abundant supply of light oil in Asia and weaker demand amid some seasonal refinery maintenance will likely prompt Saudi Arabia to cut the official selling price for most of its…