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