Article Archive | Page 1154

Mar 31, 2017 at 10:55

Mining analysts MinEx Consulting released an interesting study on global exploration last week. Showing that China is by far the world’s largest spender on mineral exploration — but that discoveries…

Mar 30, 2017 at 18:41

Late last week press reports indicated that Japan’s Toshiba Corp (6502.T) was preparing a bankruptcy filing for its Westinghouse nuclear design and construction subsidiary. Bankruptcy would affect the prospects for…

Mar 30, 2017 at 16:59

A common refrain one hears these days from market bulls and reads in long-term analyses is that by 2020, the current glut in supply and decline in prices will be…

Mar 30, 2017 at 16:42

Oman has struck a deal with several banks for a $4 billion loan to be repaid in future oil deliveries. Abu Dhabi signed a contract with commodity trading giant…

Mar 30, 2017 at 14:37

Gasoline demand is rising again in the U.S., helping to drain the exceptionally high levels of refined product inventories. That provides a small bit of bullish evidence for a market…

Mar 30, 2017 at 14:33

Back in early 2011, the Haynesville shale play in east Texas, northwest Louisiana, and southwest Arkansas surpassed the Barnett Shale in Texas as the highest-producing shale gas play in…

Mar 30, 2017 at 14:29

When the great grandson of Henry Ford says that future of auto manufacturing and marketing will soon be shifting seismically, you’d better pay attention. Bill Ford, Jr., Ford’s chairman and…

Mar 30, 2017 at 14:27

It’s human nature to pay close attention to market indicators when they seem to be working and show neglect or indifference when they’re not. That is not, however, necessarily the…

Mar 30, 2017 at 12:33

Russia has cut crude oil production by 200,000 barrels daily, Energy Minister Alexander Novak said. That’s two-thirds of the amount it agreed to cut under the OPEC-non-OPEC agreement closed…

Mar 30, 2017 at 10:41

It’s been a rollercoaster ride for Libya’s oil sector the last few months. With production from this important OPEC player swinging wildly with unstable politics in the country.…

Mar 29, 2017 at 15:17

Thousands of drilled shale wells are sitting idle, unfracked and uncompleted. The backlog of drilled but uncompleted wells (DUCs) grew dramatically beginning in 2014, as low oil prices forced drillers…

Mar 29, 2017 at 15:17

As Venezuela’s foreign currency reserves have shrunk to $10.4 billion USD, so have the country’s goods in stock, against the background of gas, energy and medicine shortages, crime rates…

Mar 29, 2017 at 15:16

President Donald Trump signed an executive order on Tuesday that will begin a lengthy process of dismantling former President Obama’s signature achievement on climate change – regulations that put limits…

Mar 29, 2017 at 15:16

The International Energy Agency gave environmentalists cause for celebration earlier this month when it reported that carbon dioxide emissions in 2016 remained unchanged from the levels reached in 2014…

Mar 29, 2017 at 15:15

The U.S. is the world’s largest holder of emergency crude stockpiles, but now it’s selling off reserves, while China, the second-largest, is taking advantage of low crude oil prices to…

Mar 29, 2017 at 15:02

Elon Musk, Silicon Valley's automotive visionary, loves to wow the world with grandiose visions that serve primarily to reinforce his position at the top of the list of tech titans.…

Mar 29, 2017 at 13:22

OPEC’s compliance to the crude oil production cuts is expected to increase in March, from an already impressive 94 percent compliance rate reached in February. As UAE ratchets up its…

Mar 29, 2017 at 12:48

Tense days in the South Africa mining sector. With industry waiting to see if the government will move on major amendments to the country’s mining code — which are reportedly…

Mar 29, 2017 at 12:05

Western media may not be paying much attention to Ukraine now, but this does not mean that the conflict there has been frozen, much less settled. The ceasefire concluded in…

Mar 29, 2017 at 10:11

Amid supply disruptions in Libya and strengthening expectations of an OPEC production cut extension, the Energy Information Administration reported commercial oil inventories in the U.S. had gone up by…