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Article Archive | Page 1205

Low Oil Prices, Security Issues Deal Death Blow To Kuwaiti Parliament

Oct 17, 2016 at 15:05

Kuwait’s emir Sheikh Sabah al-Ahmad al-Sabah ordered the dissolution of Parliament over the weekend, citing security concerns and “the circumstances in the region”, which includes the oil price crunch…

Can Iran Sign $10 Billion In Oil Deals Before March?

Oct 17, 2016 at 14:56

It has been ten months since the international community lifted sanctions against Iran’s oil and gas sector, paving the way for the country to rebuild its lost production capacity and…

The Biggest Opportunity Right Now In Oil And Gas

Oct 17, 2016 at 12:30

Offshore exploration has been a rare bright spot for the global oil and gas industry lately. Some of the movement in the offshore sector is coming as governments get more…

Russia Says Six-Month Oil Output Freeze Most Efficient

Oct 17, 2016 at 11:12

Freezing global crude oil production for six months with an option for an extension would be the most appropriate and efficient way to rebalance the market, Russia’s Energy Minister Alexander…

These Regulations Could Further Boost Natural Gas Prices

Oct 17, 2016 at 09:59

Major development this past week in the world’s top natural gas play — the Marcellus shale of the northeastern U.S. Lawmakers in Pennsylvania — where the bulk of the Marcellus…

Near Term Oil Prices Can’t Go Much Higher

Oct 14, 2016 at 17:41

Looking back at the last couple of weeks’ price action in WTI one thing stands out. OPEC or no OPEC, the benchmark U.S. oil futures contract attracts plenty of sellers…

OPEC Can Only Push Oil Prices So High

Oct 14, 2016 at 17:34

With oil prices back up above $50 per barrel, more and more shale companies could find it profitable to resume drilling. But the improved prospects for shale companies, and the…

Exxon Has Lost Over $1 Billion From Russian Sanctions

Oct 14, 2016 at 17:34

Exxon has turned into a collateral victim of the U.S. economic sanctions against Russia. So while supermajor BP’s chief executive Bob Dudley said earlier this week that he…

Texas Is Making An Energy Recovery

Oct 14, 2016 at 17:27

In the midst of the shale boom in 2013, Texas added more than 19,000 new jobs in the oil and gas production sector, leading the U.S. job increase in…

Is Clean Coal An Option For India?

Oct 14, 2016 at 17:26

  In spite of the Indian government’s international commitments to clipping greenhouse gas emissions (driven home by the country’s ratification of the Paris climate agreement earlier this month), coal…

Canada’s Carbon Tax: A Model For The Future?

Oct 14, 2016 at 17:16

Prime Minister Trudeau "outsmarts opponents of carbon pricing" -- that's how the John Ivison of the National Post described it. Bloomberg said, "Trudeau’s national carbon tax is a…

The Oil Crash Nightmare For Kazakhstan

Oct 14, 2016 at 17:11

The latest meeting of the Organization of Petroleum Exporting Countries (OPEC) in Algeria, on September 28, brought some relief to producers, with the price of oil finally trading above $50…

Where Is Uber Going Next?

Oct 14, 2016 at 17:03

After three years, Uber has finally given up on expanding into China. Native Cab Company Didi Chuxing invested $1 billion in Uber along with 20 percent of their shares…

Oil Futures: Who Is Trading What?

Oct 14, 2016 at 17:02

A presidential commission tracks the crude oil positions that are reported each week: this week producers and processors are short, while managed money is long oil In its Weekly Commitment…

Lukoil Is Driving Diplomacy Between Russia And Iran

Oct 14, 2016 at 16:53

A long summer On September 17th, Iran’s parliament endorsed a new Petroleum Contract put forward by the energy ministry and the cabinet. The coming weeks will reveal which oil majors…

How European Central Banks Are Funding Big Oil’s Dividends

Oct 14, 2016 at 16:53

  Oil companies and their beneficiaries that suffer from low oil prices are being rescued by the current ECB monetary policies. Negative interest rates and the ECB corporate bond purchase…

The Inevitable Decline Of U.S. Coal

Oct 14, 2016 at 16:43

Back in the "good old days" when Tony Blair was leading the UK’s “New” Labor Party, he had to keep coal miners — the backbone of the old Labor Party--happy…

The Saudi Push For $60 Oil

Oct 14, 2016 at 16:38

There might have been a lot of skepticism in the preliminary OPEC production ‘deal’ that was announced a few weeks ago in Algiers, but much of that is now fading…

The Two Conflicting Influences that Will Keep WTI Rangebound

Oct 14, 2016 at 16:37

Looking back at the last couple of weeks’ price action in WTI one thing stands out. OPEC or no OPEC, the benchmark U.S. oil futures contract attracts plenty of sellers…

Confidence And Cash Return To Oil

Oct 14, 2016 at 16:35

Friday, October 14 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…

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