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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
In a surprise move, Saudi Arabia sacked its long-time oil minister over the weekend, an event that illustrates the near-total control that the new young…
Last week’s resignation of Turkey’s Prime Minister Ahmed Davutoglu has marked one more stepping stone in President Recep Tayyip Erdogan’s path to authoritarian rule. Erdogan has…
In late April, Russia was left standing at the alter in Doha, as Saudi Arabia walked away from a production freeze deal, leading the negotiations to…
Baker Hughes recently published its International Rig Count. This rig count is at the end of April. It does not include the U.S., Canada, any…
Following the biggest news of this weekend, the (anticipated) resignation/termination of Saudi Arabia's longstanding oil minister Ali al-Naimi, everyone has been wondering about what comes next and how this development…
Saudi Arabia revealed more details about its planned initial public offering of the state-owned oil company Saudi Aramco. As part of Deputy Crown Prince Mohammed bin…
Two hundred and thirty-one years after Joseph Bramah patented the beer-pump handle, and the oil market is looking a little frothy once more. Canadian wildfires continue…
A Saudi government overhaul which saw the dismissal of the long-time Saudi oil minister signals quite a lot—from the kingdom’s new economic ‘’vision’’ to the fallout…