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Article Archive | Page 1268

Where Will Halliburton And Baker Hughes Go From Here?

May 12, 2016 at 12:36

Now that the merger between Halliburton (HAL) and Baker Hughes (BHI) is officially dead, it’s time for shareholders to begin thinking about what comes next for…

EPA Launches New Methane Rules For Oil And Gas

May 12, 2016 at 12:18

On Thursday, the U.S. EPA is set to unveil the final regulations on methane emissions from oil and gas wells, the first of its kind. The rules were initially…

Oil Prices Slip As Stronger Dollar Outweighs Bullish IEA Data

May 12, 2016 at 11:45

One hundred and sixty-nine years after William Clayton invented the odometer, and the oil market is trying to continue its journey higher. Despite a bullish-tilted monthly…

OPEC Is Dead, What’s Next?

May 11, 2016 at 16:04

OPEC is dead, Rosneft’s head Igor Sechin has told Reuters. In a fine example of stating the obvious – at least to those who have…

Kuwait Plans To Ramp Up Oil Production By 44% Before 2020

May 11, 2016 at 16:01

A senior Kuwait Petroleum Corp official has confirmed to media the company’s plans to increase production by 44 percent to almost 4 million barrels a…

The Real Beneficiaries Of The U.S. Export Ban

May 11, 2016 at 15:56

Several months on from the lifting of the U.S. oil export ban, it’s becoming clear that one unexpected group had benefited considerably from the restriction –…

Could A “Brexit” Enhance British Energy Security?

May 11, 2016 at 15:53

The UK is only a few weeks away from a June 23 referendum that will decide whether or not it exits the European Union. British leaders…

Proved Oil Reserves Lost $840 Billion In Value

May 11, 2016 at 14:22

I spent a lot of time in 2015 warning that at year-end we would see a huge decline in crude oil reserves. As I have explained…

Rousseff Impeachment May Breathe Life Into Petrobras

May 11, 2016 at 11:46

Petrobras’ stock has been a disaster for investors for years. Even when virtually every other oil company on the planet was seeing their stock move higher,…

Big Oil Pulls The Plug On Arctic Oil, Relinquishes Drilling Rights

May 11, 2016 at 11:29

The prospect of producing oil from the U.S. Arctic looks increasingly remote as the oil industry walks away from drilling leases. After Royal Dutch Shell pulled…

Oil Spikes After EIA Reports Surprise Draw

May 11, 2016 at 10:23

Fifty-two years to the day after The Beach Boys released ‘I Get Around’, and the crude complex is sympatico with this notion. As the market tries…

Can Saudi Arabia Really Break Its Dependence On Oil?

May 10, 2016 at 16:50

Saudi Arabia appears committed to its recently-announced long-term economic plan, dubbed Vision 2030, which aims to remove the country’s economic dependence on oil exports within the…

90% Off Sale On Offshore Drilling Rigs?

May 10, 2016 at 16:47

It might not be a great time to start offshore drilling, with oil prices as depressed as they are, but it might just be a great…

How Suncor Has Become The King Of Canadian Oil Sands

May 10, 2016 at 16:32

Suncor: King of Canada’s Oil Sands Canada’s oil sands are the third largest oil deposit in the world behind Saudi Arabia and Venezuela. The largest oil…

Wave Of Violence Causes Nigerian Oil Output To Fall To 20 Year Lows

May 10, 2016 at 16:31

The oil markets have suddenly been hit with a multitude of unexpected supply disruptions, the largest of which comes from the more than 1 million barrels…

Increasing Outages Continue To Stabilize Oil Prices

May 10, 2016 at 15:58

When looking at this week's key data of the oil and energy industry, we see that prices have stabilized in the mid $40 range as global…

Petrobras Offloads $1.4B In Assets Amidst Political Turmoil

May 10, 2016 at 15:56

Petroleo Brasileiro, Brazil’s state-owned, heavily indebted oil giant, has closed the sell-off of its Argentinean business to local Pampa Energia for US$892 million and its…

Libya’s Oil Exports Could To Go To 0 bpd Within One Month

May 10, 2016 at 13:55

Libyan officials attached to the government in Tripoli are warning that the country will have to halt the majority of its output from southeastern fields within…

Oil Prices Rally As Canadian, Nigerian Outages Continue

May 10, 2016 at 11:48

One hundred and seventeen years after the birth of Fred Astaire, and the oil market is getting its groove on – facing the music and dancing…

The Russia-China Energy Marriage And The Multipolar World

May 10, 2016 at 11:14

Trade between Russia and China in the first quarter of the year grew 3.6 percent on the year, to $14.2 billion. A senior CNPC official has confirmed that the…

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