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Article Archive | Page 1527

Why It's Good to Be Last Into a Big Petro-Play

Feb 19, 2014 at 09:21

Interesting note from Platts this week about new research on one of the biggest natural gas plays on Earth.That's Australia's liquefied natural gas (LNG) sector. A multi-billion dollar…

The Problem With Condensates

Feb 18, 2014 at 17:14

Propelled by the boom in oil sands and tight oil production, condensates, an ultra-light oil, are emerging as an ever more important element of the energy industry. The increasing prevalence…

Oil Train Derailments Reaching Crisis Point

Feb 18, 2014 at 17:00

On February 13 a Norfolk Southern Railway train bound for New Jersey derailed in Vandergrift, Pennsylvania. About 3,500 to 4,500 gallons of crude oil spilled, although miraculously it somehow didn’t…

Is Iran fooling the West?

Feb 18, 2014 at 16:45

There are growing concerns in some political circles that the pressure placed on Iran to have it stop its nuclear development programs may have been lifted too early. At…

South Sudan Oil Under Fire as Rebels Take Capital

Feb 18, 2014 at 16:36

After two months of violence, South Sudanese rebels have largely seized control of the capital city, Malakal, threatening to upset the oil production in the newly independent state’s only…

Exxon Starts Production at New Malaysia Gas Field

Feb 18, 2014 at 16:28

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…

Another Nation Goes Coal Critical

Feb 18, 2014 at 09:04

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…

Iranian Oil Exports Increase After Nuclear Deal

Feb 17, 2014 at 17:13

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…

Where's the Real Cost of Climate Change?

Feb 17, 2014 at 16:54

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…

Lockheed Martin to Build World’s Largest Wave Power Facility in Australia

Feb 17, 2014 at 16:35

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…

Shell’s Asset Purge to Hit UK North Sea

Feb 17, 2014 at 16:25

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…

Occidental to Sell Stake in Largest US Gas Field

Feb 17, 2014 at 16:12

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…

This Mine Is The Latest To Shut Down

Feb 17, 2014 at 08:46

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…

Cyberattack on Energy Sector would be 'Devastating'

Feb 14, 2014 at 16:45

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…

Turkey Opts Out of Iranian Gas Project

Feb 14, 2014 at 16:34

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…

No Foreign Drilling to be Allowed in Iran’s Caspian Waters

Feb 14, 2014 at 16:14

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 Considers Re-Entry into Iranian Oil

Feb 14, 2014 at 16:05

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…

Forget Momentum – 2014 is About Value

Feb 14, 2014 at 14:26

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…

This Event Signals A Coal Boom Coming

Feb 14, 2014 at 14:19

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…

The Syrian Oil Report

Feb 14, 2014 at 14:13

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…

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