If nearly 20 years in dealing rooms around the world taught me anything, it’s that traders, and therefore markets, have a tendency to overreact. When everything you do is about…
With the help of a few former Soviet neighbors, Iran is set to revitalize their crude oil exports after the profound effect of past sanctions.Not only has Russia…
While the cease-fire between Ukraine and pro-Russian and Russian fighters holds steady, another fight is poised to begin over Russian gas for Ukraine. And, this time, it’s a fight that,…
Iranian Oil, Gas and International SanctionsThe Iranian petroleum industry was a very effective organization before the Islamic revolution in Iran in 1979. The National Iranian Oil Company (NIOC)…
The petroleum world witnessed a historic event this week. With a new type of oil production project becoming operational for just the third time in history.That's a type…
With uncertainty put to rest over the Scottish referendum, several British energy sectors are hoping investment will resume after coming to a standstill before the vote. Not only that,…
As an Englishman, when I moved to the U.S. more than 10 years ago, two things struck me almost immediately. I was stunned by just how cheap gas was and…
ExxonMobil Corp. was the first Western company to bow to Western sanctions against Moscow and suspend offshore Arctic drilling for Rosneft, the Kremlin-owned oil giant. Now another large Western…
Ten years ago peak oil was assumed to be a rather straightforward, transparent process. What was then thought of as “oil” production was going to stop growing around the middle…
I've been talking a lot lately about the big shifts going on in the thermal coal market.And how they could open opportunities for new producers to grab market…
The Middle East is being consumed by some of the worst violence in its history, caused by Arabs themselves amidst unprecedented cruelty and destruction. At the rate the fighting is…
The largest ever gathering for climate action took place in New York on Sept. 21, just two days ahead of a major negotiations on a climate treaty between global leaders…
Covanta Holding Corp. will soon begin construction on a new waste-to-energy generator in Dublin, Ireland and its surrounding area that is expected to operate at 58 megawatts and provide what…
The Permian basin, now the nation’s most productive, is churning out ever-increasing volumes of crude. As of September 2014, the Permian is producing 1.7 million barrels per day (bpd).…
Interesting item this week on the global natural gas sector. And a warning from one major player in the space that prices could be headed much lower than many observers…
There is so much surplus oil sloshing around right now, some of it is being stored on tankers at sea. It's well known that there is a glut…
As international attention shifts to the Islamic State, many observers have all but forgotten the link between the toppling of Libyan leader Muammar al-Qaddafi, and his one-party state, and the…
The movement against investing in fossil fuels has reached a critical mass, with more than 800 individuals and institutions promising to rid their portfolios of $50 billion worth of investments…
Oil and other commodity prices have recently been dropping. Is this good news, or bad? Figure 1. Trend…
There's been a lot of attention lately on imports of commodities like copper and coal into China.Uncertainty has reigned around shipments coming into those markets. But at the…