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Article Archive | Page 1185

Blockbuster Oil Deal In Argentina Could Trigger Drilling Boom

Jan 11, 2017 at 16:21

A blockbuster deal between the oil and gas industry, labor unions, and the Argentine government could pave the way for a flood of new investment in shale oil and gas…

Shale Break-Even Level Could Rise $10 In 2017

Jan 11, 2017 at 16:11

The joy for shale producers stemming from rising oil prices following the OPEC production cut agreement may soon be over as oilfield service providers join the party, raising the prices…

How Tillerson Could Jeopardize Geopolitics In Iraq

Jan 11, 2017 at 16:06

Former oil executive Rex Tillerson’s history of politically damaging oil dealings in the Middle East could jeopardize the future of a united Iraq as he assumes the position of U.S.…

Real Innovation In The Oil Patch Is Found In Data Analytics

Jan 11, 2017 at 15:49

Across all of business there is a lot of interest in Big Data, Business Intelligence, Predictive Analytics, and other data related fields these days. Tools in these fields are particularly…

U.S. Shale Jobs Are Coming Back

Jan 11, 2017 at 14:04

The U.S. shale oil recovery is now gaining momentum, and for the first time since September 2014, the U.S. oil and gas extraction and support services jobs increased by 3,300…

Total Ups Its Stake In Uganda’s Oil Development

Jan 11, 2017 at 13:25

Total increased its stake in Uganda’s oil development with the purchase of 64.71 percent of Tullow Oil’s interests in Exploration Areas 1, 1A, 2 and 3A. The agreement announced…

Toshiba Loses Billions On U.S. Nuclear Write-Offs

Jan 11, 2017 at 12:43

As a sort of financial casino, Wall Street permits its customers to indulge in all sorts of financial risk. Short selling, for example, betting on a stock's decline as opposed…

World Bank: Trump To Boost U.S. Economic Growth And Commodities

Jan 11, 2017 at 11:42

A pillar of president-elect Trump's economic plan is fiscal stimulus in the form of tax cuts and $500 billion-plus of infrastructure spending. Trump's victory sparked a rally in the copper…

Oil Slips And Bounces Back After EIA Reports Significant Builds Across The Board

Jan 11, 2017 at 09:51

Amid growing bearish sentiment towards oil prices, the Energy Information Administration reported a build of 4.1 million barrels in crude oil inventories for the week to January 6, a…

EIA Sees 2017 U.S. Oil Output Rising By 110,000 Bpd

Jan 11, 2017 at 09:19

The Energy Information Administration said in its latest Short-Term Energy Outlook that crude oil production in the U.S. this year will average 9 million barrels daily, or 110,000 bpd…

Low Oil Prices Could Last As OPEC Cuts Won’t Suffice

Jan 10, 2017 at 16:32

An OPEC production cut offers oil producers hope for higher prices in 2017. But there is a dark cloud hanging over that expectation. Global storage inventories must be substantially reduced…

Iraq Could Kill The OPEC Deal

Jan 10, 2017 at 16:19

OPEC made an early New Year’s resolution when it promised the world that it will get thin – or more accurately that it will thin its output in an effort…

Seismic Industry Still Reeling From Oil Price Bust

Jan 10, 2017 at 16:16

The exploration and production business has been bearing the brunt of slashed investment and reduced budgets in the wake of the oil price crash. Yet, another industry dependent on E&P…

U.S. Oil And Gas Jobs See First Gains In 2 Years

Jan 10, 2017 at 15:16

Rising rig counts and an uptick in drilling activity is leading to a rebound in employment in the oil and gas industry, according to recent data. Payrolls in the oil…

Uncertainty Looms Over Australian LNG

Jan 10, 2017 at 15:13

While U.S. LNG looks set to be competitive in 2017, reaching export markets in Latin America and East Asia, a significant source of competition will be Australia, the other Pacific…

Oil Prices Fall As Markets Question OPEC Cuts

Jan 10, 2017 at 14:07

Oil markets are showing signs that optimism in crude prices might be reaching its limit as many speculative bets are reversing

Oil Oversupply Fears Return

Jan 10, 2017 at 13:24

Crude prices are once again on the defensive today as oversupply fears swirl. As the market waits with bated breath for the manifestation - or lack thereof - of OPEC…

Despite OPEC Cuts, Iraq To Boost February Oil Exports To Record High

Jan 10, 2017 at 11:17

One month ago, we were surprised to report that while oil traders and analysts were expecting OPEC member nations to, at least initially, pretend to comply and affirm their adherence…

China Launches A $361 Billion Secret Takeover... In Renewable Energy

Jan 10, 2017 at 10:03

A lot of press in recent weeks about solar power finally getting price-competitive with fossil fuels. Due to rapidly falling production costs for solar cells. That’s largely due to cheap…

Russia Has Started Cutting Oil Output: Kremlin

Jan 10, 2017 at 10:02

Russia has started to cut oil production in accordance with its agreement with OPEC to aid the group’s efforts to restore the international oil market to balance, said the spokesman…

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