With its first-ever bidding round for offshore oil and gas exploration blocks opened as of 1 May and licensing scheduled for November, Lebanon is now initially estimating that its Levant…
Libyan Oil Minister Abdel Bari Ali al-Arousi said his country was ready to recover from civil war and take its rightful place as the powerhouse of North African energy producers.…
A little more than two years ago, only nuclear energy specialists had ever heard of Tokyo Electric Company’s six-reactor Fukushima Daiichi nuclear power plant complex.Then, on 11 March…
The energy policy topic of the week is whether to export more of America’s newly abundant natural gas. Like any good card-carrying economist, my instincts favor free trade. Other things…
According to Bloomberg, Warren Buffet’s MidAmerican Energy Holdings Co. is gearing up to drop $1.9 billion on new wind farms in Iowa. The investment might build as many as…
One of the world's largest oil companies takes more stock in cleaner sources of fuel, leading America to energy independence.As the global population reaches nearly nine billion people…
The wealthiest man in Africa said he's secured billions of dollars in loans to help kick start the refinery business in Nigeria. OPEC-member Nigeria is forced to import most of…
Anadarko Petroleum (APC) continues to beat earnings estimates, and its quarter results released on Monday show an impressive 12%+ year-on-year increase in sales volumes—with more gains expected in the coming…
To say that British-Irish relations over the past few centuries have been strained would be an understatement.Now Ireland’s An Taisce, the National Trust for Ireland, is pursuing a…
The Obama administration has come out in support of the idea of exporting U.S. natural gas. This stance is counterproductive and short sighted, and if followed, it will prove harmful…
Last week the U.S. Geological Survey (USGS) provided an update of oil and gas resources in the Bakken region. This was their first update since a 2008 report that…
Oil majors are second only to the US Defense Department in terms of the use of supercomputing systems. That’s because supercomputing is the key to determining where to explore next—and…
Another week away from my usual trading desk in New York does lead to a different and useful perspective on energy events without concentrating on the minute movements on my…
This company’s had some management problems, but we still like it: Its profits are higher than expected, despite all, and its net income is up 2 cents per share this…
Late breaking news on Thursday may have signaled the top in July crude oil as traders reacted with aggressive selling pressure. The move was triggered by comments from Fed Bank…
Bottom Line: The debate over whether the US should become a net gas exporter moved towards the proponents last weekend, following remarks made by US President Barack Obama during a…
Bottom Line: A new discovery by France’s Total SA (TOT) just inside territorial waters of Cote d’Ivoire will either exacerbate or speed up a resolution for a maritime boundary dispute…
Bottom Line: Close to proving commercial viability of its major finds since last year, a new report by the IMF suggests that Kenya will start producing in 6-7 years.
Bottom Line: Karoon Gas Australia Ltd. (KAR) was already ripe for takeover last month, and a secondary discovery in Brazil last week adds some significantly unexpected value. Analysis:…
US production reaches its highest level in decades; advanced drilling and supercomputing light the way for even more output and sweet new finds; coal languishes at home but finds money…