With the U.S. dollar being dealt a most solid dose of the whoop-bang-wallops (WBWs), crude prices cannot help but be propelled higher today. The great British pound on track for…
Crude oil production in the Asia-Pacific is falling at a unique rate, according to a report from Wood Mackenzie, with China accounting for about half of the decline, Wood…
OPEC will present its Monthly Oil Market Report on the 18th of January, at a time when OPEC and non-OPEC members are making their first production cuts in line…
Saudi Arabia’s energy minister, Khalid Al-Falih, said that his country will begin soliciting bids for a “massive” renewable energy push, with spending to be ramped up to as high…
Las Vegas conjures up images of casinos and a hedonistic lifestyle, but the city has now been making the headlines for different reasons, in that it now boasts of powering…
Hey 2017 – get you. Straight out of the box and it’s delivered some prestantious news, in the form of a Wood Mackenzie report. We don’t know how you feel,…
A new app developed in Oklahoma is looking to streamline communication between well pumpers and operators by eliminating the need for lengthy paperwork and prioritizing photo evidence as a…
One major event dominated mining news this week. Affecting nearly every major metal — from copper and nickel to gold and aluminum. An abrupt and unexpected change in mining laws…
With markets closed today to witness Martin Luther King Jr. Day, prices are not surprisingly rather subdued amid quiet electronic trading. Nonetheless, fun and games will ramp up from tomorrow,…
This year will see further volatility in oil prices despite international efforts to restore the market to balance and improve prices more consistently. This push may, however, rebalance the market…
Saudi Arabia, Kuwait and Algeria may have cut their respective production below the levels they had promised in the OPEC deal, because all three are eager to show not only…
Oil prices were down early Monday morning after Saudi Arabia signaled that OPEC was unlikely to extend the supply-cut deal beyond June, which sparked off renewed fears that the pledged…
Oil prices have been showing signs of weakness in recent days as concerns over excess supply are starting to crop up once again, potentially slamming the brakes on an almost…
The recent recovery of oil prices couldn’t have come at a better time for the world’s top oil majors that have ridden the rough oil price crash with huge investment…
Bloomberg is now reporting that solar energy is cheaper than coal, and could become the lowest form of energy within a decade. Economies of scale are causing solar to…
I read an article this morning where one analyst predicted that we are in a 10-15 year bear market for oil. The analyst stated that the market is oversupplied by…
Russia’s Mineral Resources Minister, Sergei Donskoi, has demonstrated strong optimism about the direction oil prices are going this year and next. He believes that Brent crude could reach US$65…
Based entirely on higher oil and gas prices and the need for exploration and production (E&P) companies to replace reserves to stay in business, Canada’s oilpatch may get the opportunity…
A couple of weeks ago we highlighted the protests that had engulfed Mexico after the finance ministry announced plans to raise gasoline prices by 20.1 percent starting January 1st.…
When a utility stock pays a dividend that yields 11 percent it is either an overlooked steal or the equity of a company with big problems--and a dividend that's soon…