The famous Danish physicist Niels Bohr once humorously observed, "Predictions are very difficult, especially about the future." And so, as the world considers yet another rosy oil supply forecast,…
Crude oil:June WTI crude oil gained 84 cents on light volume of 574,864 contracts. Volume was the lowest since April 29 when 466,236 contracts were traded and June…
Despite the fact that the European economy continues to struggle, international oil companies (IOCs) headquartered in the region (like Total) will stand to benefit immensely from the seemingly inevitable -…
RBOB Gasoline tested the 100 day moving average at 292.81 but fortunately topped at 292.76 to keep us short. We are now overbought & could head lower as we start…
Canada is, according to the U.S. Energy Administration, the leading source of United States crude oil imports, which average 9.033 million barrels per day (mbpd), with Canada sending 2.666…
The U.S. Energy Department last week said it gave conditional authority for a facility in Texas to eventually export liquefied natural gas. New drilling technologies mean the United States could…
The U.S. dollar hasn't had the same impact on the natural gas price like it has for oil, copper, and other commodity prices.What's different, says technical analyst and…
The European Union Commission has raided the offices of Royal Dutch Shell, Statoil and Platts over energy price-fixing concerns in an investigation that could take years to conclude.
News of the future was, in my youth, something that one found by crossing the palm of a lady in a dark tent with a piece or two of silver…
Norwegian research scientists are now working on the concept of storing electricity at the bottom of the sea. The energy will be stored with the help of high water…
Geothermal energy is hands down THE best renewable energy avenue out there: The Earth is always generating heat, and there won’t be any “peak heat”, nor could we ever extract…
The most compelling news of the week in the energy world was the International Energy Agency’s (IEA) mid-term report, calling for a ‘supply shock’ from North America’s increasing oil supply.
This is it … the US Department of Energy is expected to decide on US natural gas exports this summer, and President Barack Obama has already suggested that the US…
After falling from $97.38 on May 6 to $92.40 on May 15, July crude oil rebounded on May 16 to regain almost 50% of its recent break. This turnaround was…
Bottom Line: Rio’s 11th round of bidding for new concessions went down in an atmosphere of heavy competition, with Brazilian offshore acreage fast becoming some of the hottest oil and…
Bottom Line: US Congress is reviewing House and Senate legislation that could see US companies working under the Mexico-TAP exempted from Dodd-Frank Section 1504 SEC disclosures about payments to foreign…
Bottom line: With final plans for a regasification plant in the Montevideo Bay approved, Uruguay is aggressively working to position itself as an energy hub despite a lack of conventional…
Bottom Line: Kurdistan is a good place to be right now for E&P companies, but navigating the playing field of power brokers and gatekeepers is a challenging necessity if you…
Let the natural gas export games begin; acronymic US oil and gas forecasts intended to shock and awe; a decisively bad turn for the petro-politics conflict in Syria; and a…
Protests over high energy prices brought down the Bulgarian government in February, and elections last week have brought back essentially the same government so we can expect continued protests and…