The item in question: a new report showing that China just became the world's top oil importer.According to the Financial Times, Chinese trade data revealed that crude imports…
Back from another tour of duty the last few weeks -- this one including stops in Colombia, Thailand, Myanmar and Hong Kong.And everywhere there were interesting opportunities to…
After Iran and the P5+1 group of international mediators signed the framework for an interim agreement in Lausanne, there was a surge in reports from the international media, predicting a…
History has been so fascinated with oil and its price movements that it is indeed hard to imagine our future without oil. Over the last few months, we have witnessed…
Petronas is willing to pony up nearly $1 billion to secure the support of First Nations tribes in western Canada for its natural gas export project. The Malaysian state-owned oil…
If the goal of the EU’s Energy Union is to promote interconnectedness and stimulate competition, it may already be working with a project on its southeastern periphery.Albania has…
There is a tendency to think that the cost of oil is, by and large, a Middle East thing. When investors playing the stock market are chewing their nails over…
This Einhorn thing has me a bit spooked, no doubt about it. At the Sohn conference, the master of the Greenlight hedge fund trashed the business…
Regular readers will be aware that I am not one for overly complex technical analysis. Sometimes, however, all markets do trade based on technicals. When an obvious and well followed…
IntroductionAs summer approaches, Arctic sea ice will start to melt away. That will open up the region for oil and gas exploration. In American waters, Royal Dutch Shell…
Africa/Middle East Oil & Gas UpdateKurdistanThe Kurdistan Regional Government (KRG) in northern Iraq is upping the ante with Baghdad over the long-running oil question. Now Erbil…
June Crude Oil futures rallied earlier this week, taking out the psychological $60.00 level in the process. The rally was triggered by a price hike by Saudi Arabia, a protest…
Oil prices have surged to their highest levels to date this year, with Brent trading above $65 per barrel, and WTI close to $60 per barrel. The EIA reported…
I've discussed before how one out-of-the-way nation is shaping up as a major petroleum opportunity. And this week we got confirmation that some important global players are moving to capitalize.
The U.S. military is helping Iraqi forces pushback ISIS at a vital oil refinery.The Baiji refinery is located between Kirkuk and Mosul, and it has been the target…
Oil prices have hit their highest levels in 2015, with WTI surging above $60 per barrel. Crude oil inventories in the U.S. declined for the first time since December 2014,…
Russian billionaire Mikhail Fridman has decided to sell his new gas fields in the North Sea in the next six months rather than challenge Britain’s threat to revoke his license…
Moore’s Law famously postulates that the number of transistors on an integrated circuit doubles every two years. That relationship has held true for fifty years and has led to the…
The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation risk. To me, this is…
India could well be the next hotbed for a solar revolution. Plagued by red tape, land acquisition and corruption issues in the past, the new Indian government is all set…