Atticus Lowe was among those who saw more smoke than fire in the fevered puffery of the shale industry's promoters. With an established track record now, the industry has proved…
Crude oil:May WTI crude oil lost $2.35 on heavy volume of 758,985 contracts.Open interest declined by 7,901 contracts, which relative to volume is approximately 50% less…
Offshore oil is back on the British government’s agenda as a key component of the country’s “Oil and Gas Industrial Strategy” at a time when North Sea investment has experienced…
Al-Qaida leader Ayman al-Zawahiri said in an April 7 message that Syrian opponents of Bashar Assad should work to establish an Islamic state. Civil war, now in its third year,…
Russia's state oil company Rosneft and ExxonMobil (NYSE: XOM) are considering investing $15 billion in a liquefied natural gas plant. Russian natural gas monopoly Gazprom is looking eastwards as well.
As a result of the hydraulic fracturing (fracking) revolution, US oil and natural gas production have been rising for several years. According to the Energy Information Administration (EIA), US oil…
Researchers at the University of Illinois at Urbana-Champaign (UI) have announced their new Microbatteries that out-power even the best supercapacitors and could drive new applications in radio communications and…
Fortunes are being made in North Dakota right now as a result of the oil boom there. Not only the oil producers but pipeline operators, railroads, oilfield services providers --…
Crude oil:May WTI closed unchanged on heavy volume of 733,796 contracts. Open interest declined 15,078 contracts, which relative to volume is approximately 20% less than average. The open…
The "cruelty and carnage" in Syria, is how the situation in that country has been described in a rare joint statement by the chiefs of five UN organizations. The statement…
General Electric (NYSE: GE) has announced plans to expand its oil and gas business by acquiring Lufkin Industries (LUFK) in a $3.3 billion deal that boost its market share for…
Reflections by Robert Hirsch on the Conference “Peak Oil: Challenges and Opportunities for the GCC Countries”.Held at Doha, Qatar on 2-4 April 2013. Posted with his generous permission.
The gold price plunged by as much as $145 on Monday, the worst trading day in history and more than a 9% drop on the day.The gold price…
Crude oil:May WTI lost $2.58 on heavy volume of 858,007 contracts. Volume was approximately 3,700 contracts less than April 12 when 861,748 contracts were traded and May crude…
Despite a double-digit run up in the S&P 500 this year, ExxonMobil stock (XOM), has lagged the averages badly. The shares have barely returned three percent in 2013, including the…
Now that Nicolas Maduro—the late Hugo Chavez’s choice for successor—has narrowly won Sunday’s presidential elections in Venezuela, oil and gas investors can expect a perpetuation of the status quo.
The Middle East is not renowned for thinking small, especially in terms of energy projects.The Jordanian and Iraqi media are announcing, amidst great fanfare, an agreement to…
The apparent victory for Nicolos Maduro in the Venezuelan presidential election may give the United States a sense of hope for improved ties with the Latin American oil giant. His…
A few years back, an article appeared in the Tripoli Post outlining Libya’s energy prospects for Europe. What made the article different, however, was its focus on solar power rather…
The Electric HighwayThe New York Times reporter John Broder recently published his account of an East Coast road trip he took with the Tesla Model S electric…