The world’s biggest spenders on oil and gas assets have suddenly become extremely thrifty – and the world is taking notice. The last decade saw China’s biggest national oil companies…
President Obama was not among the heads of state at the inauguration of incoming President Muhammadu Buhari on May 29, 2015. However, in his private conversations…
The Mexican government softened some rules on the bidding process for new oil tracts in an effort to placate private oil companies who had complained about…
Regardless of recent upshots in oil prices, the million-dollar question remains in which direction the oil prices will go in the future. The volatility in oil prices has continued to…
This week starts with a refreshing call by Deutsche Bank (DB), which basically encapsulates my view on the E&P group. Notwithstanding the valuation issues in the…
A group of European oil companies have banded together to call upon the international community to institute a global carbon price. In a letter to the…
In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions on…
In a recent article, I predicted that the age of oil might approach the beginning of its end in the next 30 years. In a similar statement reported by…
The six-month clock is up. OPEC is convening this week in Vienna, as it does every six months, to discuss and decide on how the group will coordinate.The…
Even as Saudi Arabian officials continue to tout its shift to renewable energy, it may be oil-poor countries in the region like Jordan and Egypt that can benefit sooner from…
When George W. Bush proclaimed in 2003 that “the first car driven by a child born today could be powered by hydrogen and pollution-free,” the former U.S. President was suggesting…
It's open warfare on the oil stocks. They've all been painted with a black brush and the worst splotches have been sprayed by hedge fund kings David Einhorn and Jim…
When the names of the companies approved to bid on the newly available Mexican oil leases were released this week the list contained little of any real use to potential…
IntroductionWhen Royal Dutch Shell (NYSE: RDS.A) proposed the acquisition of BG Group (LON: BG), it was staking its future on the growth of liquefied natural gas (LNG).
Politics, Geopolitics & ConflictAs we predicted, trouble has flooded across Saudi Arabia’s eastern border with Yemen. On 22 May, a suicide bomber blew himself up at a Shi’ite…
The selling pressure started early this week as crude oil traders reacted to last Friday’s data from Baker Hughes that showed only one oil rig was removed from service the…
What did I tell you? The EIA has done it again. First, it is important to remember that weekly EIA production numbers are just estimates (except…
The EIA released fresh weekly data this week that solidified a trend underway in the US. Oil inventories posted their fourth weekly decline, falling by another 2.8 million barrels.…
Oft forgotten and on the periphery of the European Union, the Balkans plus Ukraine may have a plan to address the energy needs of the economic…
2015 is shaping up to be a fateful year for the coal industry. After coal prices tumbled from their highs in 2011, the industry hit a rough patch. Years…