Rystad Energy has published an interesting article claiming that the U.S. has more oil reserves than Saudi Arabia… if you include shale oil. A new independent estimate of world…
The International Energy Agency reported today that crude oil output in OPEC reached a new record of 33.64 million barrels per day, causing crude oil prices to tick back…
Lots of interesting mining opportunities emerging these last few weeks — on one particular continent. Africa. Uganda, for example, said last Wednesday that it will improve rules around landowner…
Due to the slump in oil prices, OPEC producers have lost more than US$1 trillion in revenues over the past three years, OPEC Secretary General Mohammad Barkindo has told…
Natural gas prices have been low for years, as shale gas drillers continued to break records with higher and higher production. But just as the oil markets have gone through…
What do you do when everyone is bugging you to do something, but you don't want to do it? The simple answer is that you make it look like you…
Russian company Zapsibgidrostroy (it’s a mouthful, yes) has begun the construction of the docks that will carry the world’s first floating nuclear power plant to its location off the…
Argentina’s government is making the push towards more renewables at an extremely fast rate. The country recently held an auction for long-term contracts totaling a potential 1,109 megawatts of…
If you were asked what Donald Trump thought of women, you could probably give a hundred different answers. The same may go if we asked you what Hilary Clinton thought…
Good day! With Nonfarm Friday now behind us, we can look forward to a week of oil-specific monthly releases from IEA (tomorrow), OPEC (Wednesday) and EIA (Thursday). As the spotlight…
Crude oil prices have jumped to almost one-year high's on Monday in a shocking turn of events as Russian President Vladimir Putin disclosed that Russia was ready to join…
Iran and Iraq will not send their oil ministers to an OPEC meeting scheduled for this week on the sidelines of the World Energy Congress in Istanbul, Turkey. This is…
U.S. crude oil storage is filling up with unaccounted-for oil. There is a lot more oil in storage than the amount that can be accounted for by domestic production and…
Not a day passes without OPEC making oil and gas headlines, and today is surely no exception. Seemingly in lockstep with OPEC, the market is once again pacified on the…
The oil industry is about to see a huge benefit from the change of government in Brazil earlier this year. The Brazilian Congress just voted to open up the country’s…
The big oil companies—at least in this oil price environment—have come under a lot of criticism for their decision to generate cash flow rather than focus on return on equity.…
Congressman Pete Olson (R-TX22) wrote in the Houston Chronicle last Monday that the U.S. lacked a coherent energy policy. Bureaucracy and inefficiencies in the national energy system hold up…
Even amid a backdrop of low global commodity prices, new oil and gas discoveries are continuing to drive investment in Egypt’s hydrocarbons sector. In late August, Shell announced that it had…
Running out of time Oil and gas producers have worked diligently to reduce the cost of their operations following the fall in crude oil prices at the end of 2014.…
On the 25th of February 2015, the European Commission adopted its strategy for a European Energy Union. The goal of a resilient Energy Union with an ambitious and challenging climate…