Bottom line: Foreign investment, though crucial for improving oil production levels in Ecuador, will remain far below potential for political reasons.Analysis: On 17 February 2013, President Rafael Correa…
‘Crazy’ Texans take on big oil; Australia’s richest miner takes on his own industry; the EU imposes anti-dumping tariff on US ethanol; February pump prices hurt; and two West African…
WTI Crude Oil hit our first target for the April contract of 92.85/82 & bottomed only a little lower at 92.63. We expect the bounce to continue over the next…
The latest in the North Korea drama is the release of a video portraying US President Barack Obama and American troops going up in flames. But it’s not just…
Tanzania, Kenya, Burundi and Rwanda are burying their nationalism to cooperate on upgrading their energy infrastructure.Tanzania has natural gas and coal, Kenya is a potential dynamo of geothermal…
(This report is part of Oilprice.com’s premium publication Oil & Energy Insider. Oil & Energy Insider gives subscribers an information advantage when investing, trading or doing business in the…
Fracking is moving closer and closer to urban areas, but before it actually enters towns and cities the fracking industry should take a look at Long Beach, California, and follow…
There are many forms of air pollution. There is no doubt that air pollution is not healthy. The uncertainty is at what level is it an acceptable risk. The one…
Natural Gas went for a test of 3.320/328 where we predicted a high & we fell just a fraction short at 3.313. We are now testing support at 3.250 but…
The Company – BP Amoco PLC (BP)BP Amoco plc. provides fuel for transportation, energy for heat and light, lubricants to engines, and petrochemicals products. Its Exploration and Production…
Russian oil producer Rosneft said it was considering sending more oil to the energy-hungry Chinese economy. The world's No. 2 oil exporter, after Saudi Arabia, already sends about 300,000 barrels…
Next month will determine the eventual fate of the Falkland Islands—and the 1.4 billion barrels of oil so far discovered there—when a referendum on self-determination is held. In…
It isn’t often that the world’s working stiffs get a chance to fleece rich investors. But that’s essentially what has happened as a result of the vast overinvestment in natural…
Regardless of whether a market is moving up or down, there is always someone making money somewhere. There are various examples every day – be it a billionaire selling a…
The Washington Post is surprised by the ‘mysterious’ high cost of gasoline in the US but does not mention in this article that the US government, at the insistence…
Times may be tough for energy commodities, but Encompass Fund Managers Malcolm Gissen and Marshall Berol are hard-core survivors. In this interview with The Energy Report, the dynamic duo share…
WTI Crude Oil did hold just above 95.06/94.97 & headed higher as predicted. We expected a high at 96.90/97.00 and have so far topped out at 96.81. As stated yesterday,…
Oh, how I miss the days of Bill Clinton’s presidency when the price of gas at the pump was around 99 cents per gallon. Yes, you heard me right: ninety-nine…
Many of the civilian nuclear power plants built in the US. and Western Europe during the halcyon days of the Eisenhower administration are coming to the end of their operational…
Chevron Corp. (NYSE: CVX) and Conoco Phillips (NYSE: COP) have been anxious to get their hands on Poland’s vast gas reserves that lie some 3 miles under the surface of…