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Article Archive | Page 1584

Will Central Asia Replace the Middle East as Prime Oil Source?

Jul 16, 2013 at 17:16

One of the prime reasons why the Middle East holds such importance to the West is partiality because it is the main supplier of oil and natural gas to countries…

Exxon Takes $735M Black Sea Plunge

Jul 16, 2013 at 17:14

Exxon Mobil Corp (XOM) is reportedly preparing to spend a whopping $735 million to drill two deep-water wells offshore Ukraine, in the Black Sea. The deal involves a…

The Renewable Energy World in 2013

Jul 16, 2013 at 17:13

Today I begin a series that looks at the recently released 2013 BP Statistical Review of World Energy. Because the past two posts have dealt with the Keystone XL pipeline…

Why are Oil Inventories Down if Production is Increasing and Demand is Falling?

Jul 16, 2013 at 17:06

The 20 Million Drawdown in a sluggish economyThe last two weeks oil inventories fell by a record 20 million barrels, this event has never happened in 30 years…

So About that $2 Gas …?

Jul 15, 2013 at 18:21

U.S. gasoline prices are expected to remain volatile for the month because of geopolitical fallout in the Middle East. Concerns over the global oil supply are fading away from the…

Cash Strapped Greek Government Hopes for Rising Oil Output

Jul 15, 2013 at 18:19

The dire state of the Greek economy is well known to its European Union partners. Further hammering the economy are Greece’s massive oil imports. According to the U.S. government’s Energy…

Egypt Violence Subsides as Investors Eye New Liberal Faces

Jul 15, 2013 at 18:16

The violence has largely subsided in Egypt seven days after more than 90 people were killed in clashes between the military and supporters of the Muslim Brotherhood and deposed president…

Is it Time to Stop Worrying about Peak Oil?

Jul 15, 2013 at 18:14

Demand for oil will reach its own peak and decline before humans deplete the Earth’s supply of oil, experts say.“Peak oil” prognosticators have painted pictures of everything from…

Oil and Gas M&As; Reached $25 Billion in Q2 2013

Jul 15, 2013 at 18:10

PLS Inc., a Houston-based research, transaction and advisory firm, in conjunction with its international partner, Derrick Petroleum Services, announced that global M&A oil and gas upstream deal activity for…

High Oil Prices Prove a Boon to Lithium Companies

Jul 15, 2013 at 18:02

The price of oil is subjective. It depends on viscosity, sulphur content, location and many other factors like Middle Eastern politics. The price of West Texas Intermediate crude is pushing…

RBOB Market Update for 15.07.13: The Coming Sticker Shock

Jul 15, 2013 at 09:24

September RBOB has appreciated 13% in the last three weeks lifting prices to fresh intra-day highs in Friday’s session trading above the February highs. I see this move in the…

British North Sea Oil Decline Opens Window for Smaller Producers

Jul 12, 2013 at 19:41

British oil production from its offshore North Sea oil fields began in 1975, alongside Norway.The two countries pursued very different policies as regards investing the cash windfall –…

Brazil’s Hot Libra Auction: Worth the Price?

Jul 12, 2013 at 19:39

The 21 October pre-salt auction of the Libra field off Brazil’s Atlantic coast is one of the most hotly anticipated hydrocarbon concession issuances ever. The field, around well…

Oil May Determine South Sudan's Future

Jul 12, 2013 at 19:36

Oil exports from South Sudan are expected to gain steam in the coming months. The country last week celebrated its second anniversary as an independent country and only recently resumed…

10 Points to Consider in the NGV Debate

Jul 12, 2013 at 19:33

The perception of natural gas as a mainstream fuel for vehicles runs the gamut, dependent upon where you live: from the improbable…to the viable…to the everyday reality. So from recent…

Pick Stocks Like a Seasoned Financial Analyst with this Evaluation Strategy

Jul 12, 2013 at 19:26

It's time to tear your eyes away from those stock price charts. Chris Mayer, Agora Financial managing editor and author of "World Right Side Up" and "Invest Like a Dealmaker,"…

Six Tech Advancements Changing the Fossil Fuels Game

Jul 12, 2013 at 14:19

Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at “peak oil” concerns. While hydraulic fracturing has been the most visible revolutionary advancement,…

The Hidden Opportunity in Asian Coal

Jul 12, 2013 at 14:05

If there was ever a contrarian play, it’s the coal sector today.Major coal producers like Peabody Energy (NYSE-BTU) are trading below the levels they saw during the height…

Next Shale ‘Boom’ - Our Money’s on Russia

Jul 12, 2013 at 13:46

When the US Energy Information Administration (EIA) released its first-ever report that looked at shale oil and gas potential from a global perspective, the first question that came…

POLITICAL & SECURITY ALERTS - Lebanon Concerned that Israel Could Reach its Oil

Jul 12, 2013 at 13:24

Ghana’s Jubilee Production Hits 110,000 b/d, Amid Political CrisisGhana’s giant offshore Jubilee field continues its steady increase in production, now reaching 110,000 barrels per day, and its operator,…

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