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Article Archive | Page 1223

Is U.S. Shale Nearing Collapse?

Sep 19, 2016 at 15:14

Crude oil production in the United States has decreased by more than 10 percent since the record high of 2015, from 9.6 million barrels per day (mmbpd) to…

Shifting Strategies: Big Oil Looking At Low-Cost Fields

Sep 19, 2016 at 13:47

Oil supermajors have come to realize that shrunk capex plans will make their exploration efforts profitable in lower-cost, lower-risk areas, and have changed drilling tactics to the ‘less…

Oil Rises On OPEC Jawboning, Libyan Turmoil

Sep 19, 2016 at 11:15

Oil is charging higher to start the new week, on the ebb and flow of production freeze rhetoric and adverse developments relating to returning Libyan exports. Hark, here…

OPEC Secretary General: No Production Freeze This Month

Sep 19, 2016 at 10:36

A few days before the highly anticipated OPEC meeting in Algeria, a top official from the group threw cold water on the possibility of a production freeze. Expectations…

Is This The Biggest Wildcard For Oil Prices This Month?

Sep 19, 2016 at 09:27

It’s been a tough couple of weeks for oil investors. With crude prices having descended back to near $40 per barrel, after making a run close to $50 in mid-August.…

Stormy Seas Ahead For Shippers Following Hanjin’s Bankruptcy

Sep 16, 2016 at 17:25

The Hanjin Shipping Company bankruptcy is starting to have ripple effects for others in this transportation sector. Hanjin is in competition with dry bulk carriers such as Safe…

An Imminent Threat For Oil Prices? DUC Count: 5031 And Counting

Sep 16, 2016 at 17:19

The total number of DUCs is declining, but remains elevated Along with its monthly Drilling Productivity Report (DPR), the EIA released a supplement today which estimates the…

What Is Stopping Global LNG Growth?

Sep 16, 2016 at 17:13

Since November, when 195 countries signed the Paris climate change agreement, several energy writers, including myself, have concluded that the deal’s biggest winner would be natural gas.…

How Low Oil Prices Failed To Stimulate The Economy

Sep 16, 2016 at 17:05

The 2014 plunge in oil prices was initially hoped to provide stimulus to the U.S. economy, with the Fed arguing that the average household would save $700 in…

What Hubbert Got Wrong About Peak Oil

Sep 16, 2016 at 16:59

If you happen to be interested in the topic of “peak oil”, you almost certainly know the name M. King Hubbert. While you may know that Hubbert is…

Can India Become An LNG Juggernaut?

Sep 16, 2016 at 16:51

In the world of liquefied natural gas (LNG), no market is watched with more interest or more potential excitement than India. In 2015 the country with the second-largest…

North American Oil & Gas Bankruptcies Climb Beyond 100

Sep 16, 2016 at 16:41

Oil & Gas Bankruptcy Continues to Climb to $50.4 Billion in August Three more companies joined the ranks of those that have filed for Chapter 11 bankruptcy protection…

Why Big Oil Shouldn’t Worry About Electric Cars

Sep 16, 2016 at 16:34

It may be a little premature for the oil industry to panic over the influx of electric vehicles (EV). EVs would need to represent at least 50 percent…

Djibouti Bets Big On Chinese Energy Demand

Sep 16, 2016 at 16:29

Construction work is set to begin on a $4 billion liquefied natural gas (LNG) pipeline project, underscoring Djibouti’s efforts to strengthen its status as an energy trans-shipment hub…

Ethical Investing: Duke Energy Bounced From Norway Sovereign Wealth Fund

Sep 16, 2016 at 16:23

Norway’s sovereign wealth fund, the biggest in the world, has just sold all the equity shares of Duke Energy it owned from its portfolio. Duke did not meet…

Avoid These ‘Shale Legends’ For Now

Sep 16, 2016 at 16:14

The Fed continues to dominate the markets and our trading in oil and oil stocks. God knows there are hundreds of writers out there with opinions on the…

WTI: The Same Price But A Different Play

Sep 16, 2016 at 16:11

The last time I wrote in these pages was two weeks ago, as I spent last weekend at a trader’s conference, and at that time, with WTI trading…

Speculators Go Short As Demand Is Downgraded

Sep 16, 2016 at 16:05

Friday, September 16 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…

Global Energy Advisory - 16th September 2016

Sep 16, 2016 at 15:53

Politics, Geopolitics & Conflict • Libyan oil has been liberated for all intents and purposes. Despite what Western forces would have one think, General Haftar of the Libyan…

Uncertainty Hits Markets Ahead Of OPEC Meeting

Sep 16, 2016 at 15:49

Crude oil futures were under pressure this week after reports showed large weekly builds in U.S. petroleum products and forecasts by the International Energy Agency and OPEC indicated…

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