ExxonMobil’s subsidiary in Malaysia has begun natural gas production at the offshore Damar field, preparing Malaysia to boost its current status as the world’s third-largest exporter of liquefied natural gas…
The thermal coal story in Asia just keeps looking better. With another data point last week suggesting that supply continues to tighten.Vietnam became the latest country to say…
Shaking off some of the restrictions of international sanctions, Iran managed to boost its oil exports by 100,000 barrels per day in January. According to the IEA, Iran was…
U.S. Secretary of State John Kerry says it's time to have a frank conversation about climate issues, putting the matter on the same footing as weapons of mass destruction. The…
The world’s largest defense contractor, U.S. Lockheed Martin Corp., better known for its military weaponry programs, is beginning to back renewable energy.On 11 February the Bethesda-based Lockheed Martin…
Royal Dutch Shell has announced plans to sell three oil and gas assets in the North Sea as the supermajor seeks to divest some $15 billion in assets.Shell…
California-based oil and gas developer Occidental Petroleum Corporation (OXY) has announced plans to sell a $1.4 billion stake in the largest natural gas field in North America, as the company’s…
It seems to be an accelerating pattern these days. Mines closing around the world due to uneconomic conditions.We got news of another high-profile shutdown last week. The Perkoa…
An annual index from IHS Jane's Terrorism and Insurgency Center said acts of violence committed by non-state actors since 2009 increased by more than 150 percent. But for Internet security…
The Turkish state-owned upstream oil and gas operator TPAO will not undertake any investment in Iran's massive South Pars gas field even as the oil and gas multitudes line up…
While foreign energy companies eagerly await the easing of sanctions on Iran, there is one area of the country that will be off-limits to them – Iran’s claimed Caspian waters.
Russian Lukoil has announced its preparedness to return to Iran's Anaran oil project once the US-led sanctions against the Islamic Republic's energy sector are lifted.Lukoil and Norway’s…
It’s been a tough winter, and not just because of the weather. The markets have given us opportunity but it’s been a barbed-wire wrapped one: Big moves down have looked…
There are exactly two ways to succeed in investing.First, be a visionary. Look at the data everyone else is puzzling over and see something they don't. Then translate…
Syria has around 2.5 billion barrels of crude oil, which makes it the largest in terms of proven reserves in the eastern Mediterranean, but overall in the global scheme of…
Japan’s nuclear dilemma and Asia’s LNG hunger.JapanThe pro-nuclear camp has won the critical 9 February Tokyo gubernatorial elections, and while this is not a straight-out victory…
March Crude Oil futures closed over $100.00 per barrel this week without much fanfare. The rally took out the previous top from December 2013 at $100.79, but fell short of…
Alaska stands at an interesting energy crossroads, with the State Legislature considering the fate of a massive liquefied natural gas project that would be an economic boost for the state…
It's not often that a completely new trend emerges in natural resources.So it's been very interesting watching one such shift happening of late in a key market. The…
The oil industry may be in the midst of entering a new phase of high costs and slower growth. New oil discoveries are harder to come by, and the scramble…