Companies extracting oil, gas and coal from U.S. federal lands will see royalties due to the government increase if Hillary Clinton becomes the country’s next president, the candidate’s campaign
Venezuela’s financial problems have become so acute that it is having trouble paying for the crude oil imports that it needs. Reuters reports that four oil tankers carrying…
Not one, but two important developments this week from a nation that’s quickly becoming one of the most interesting spots in global natural resources. Iran. Most investors are aware of…
The much anticipated OPEC meeting in Vienna on June 2 ended pretty much as expected: the group once again failed to put any production targets in place. Without a ceiling…
A day before the OPEC summit kicks off, top officials from the oil cartel say that the markets are moving in the right direction, a sign of confidence that suggests…
News reports appearing Sunday, of an attack on Shell and Agip pipelines in Nigeria, indicated that ongoing attacks by militant groups have caused that country’s oil production to fall by…
OPEC’s strategy in the past have been to maneuver its oil production to bring about market stability. However penetration of U.S. shale oil forced them to alter their…
In 2015, the U.S. was the largest producer of petroleum and natural gas hydrocarbons in the world by a wide margin, according to U.S. Energy Information Administration…
A report from Pew Research Center reveals that between the third quarter of 2000 and the same period of last year, wages across the U.S. rose by…
The EIA has apparently stopped publishing its International Energy Statistics. Instead they are now publishing an abbreviated version on their Total Energy web page titled: Table 11.1b…
Last week the bond market was stunned by the unprecedented demand for sovereign paper issued by Qatar. The Middle Eastern nation announced it would issue $9 billion in…
A nun from an influential interfaith coalition with U.S. $100 billion in assets that include a stake in ExxonMobil is pushing for change, but the supermajor isn’t bowing…
U.S. banks have seen their earnings drop 2 percent in the first quarter of this year as low oil prices have finally turned into unpaid energy loans. In…
Sixty-two years after Linus’ security blanket made its debut in the Peanuts comic strip, and the oil market is looking to tomorrow’s OPEC meeting to provide some comfort…
The rally in oil prices over the past three months has been impressive, building confidence among market analysts that prices are heading in the right direction. But…
Based on survey data compiled by Reuters for the month of May, OPEC crude oil out has fallen by 120,000 barrels per day—a drop largely attributed to…
How badly do oil producers want to transition out of the deepwater and focus on shale? And guess what that means for the global oil price? Exxon Mobil…
The oil majors are at a crossroads and there are growing signs that their business model can no longer last. The combined effects of cheap oil, the increasing…
$50 per barrel oil is clearly less impossible to live with than $30 per barrel oil, because most businesses cannot make a profit with $30 per barrel oil.…
Imagine how workers would behave if they were paid not on the basis of their output or productivity, but simply on time spent at the office regardless of…