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 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…
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…
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…
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…
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…
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…
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…
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…
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…
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 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 –…
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 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…
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…
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,"…
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,…
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…
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…
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,…