In a momentous verdict last week, BP was ordered to pay the largest criminal penalty in U.S. history for its role in the Deepwater Horizon oil spill. However, while polluters…
These are good times for Mexico, with a potential 1 billion barrel crude discovery this week in Tabasco state, on the heels of two major deep-water discoveries of an estimated…
I have owned units of MLP NuStar Energy L.P. (NS) for several years, and until just recently I had always considered the holding to be a long term income investment.…
Is there going to be calm after the storm in the Middle East? Following a tumultuous week of all-out war between Israel and Hamas, there are now good chances of…
OPEC faces a triple dilemma over the short, medium and long term, none of which have good outcomes for the cartel. The short term is simple; prices are likely to…
Welcome to East Africa—home of a potential 28 billion barrels of recoverable oil, 440 trillion cubic feet of gas and 14 billion barrels of natural gas liquids.Recent success…
Whatever its cause, the weather is getting more severe and America's aging utility grid is ill-suited to withstand the furies that Mother Nature is unleashing on it with increasing frequency.…
There is a growing disconnect between forecasts of prodigious amounts of oil coming out of the Middle East in coming decades and what is likely to happen in the region.…
France’s Total SA (TOT) has sold its 20% stake in a Nigerian offshore oilfield to Chinese state-run Sinopec Corp. for $2.5 billion.This means Total has dumped its deep-water…
If you are an investor who wants exposure to commodity futures but does not want to trade the futures yourself, there are now plenty of exchange-traded products available to help…
For those taking close interest today there was an interesting move in gold prices as the below chart shows. A ‘V’ shaped bounce of some $35.00 or so just before…
As Washington hunts ill-defined al-Qaeda groups in the Middle East and Africa, and concerns itself with Iran’s eventual nuclear potential, it has a much more pressing problem at home: Its…
Provincial leaders in energy-rich Canada are reviewing ways to send oil from Alberta province to eastern refineries in an effort to ensure energy independence. Most of the refineries in the…
U.S. energy independence must be about to happen. The International Energy Agency just devoted its World Energy Outlook 2012 to telling us so. America will become the largest producer of…
A Norwegian company led by Alf Bjørseth will start burning thorium fuel in a conventional test reactor owned by Norway’s government with help from U.S.-based nuclear giant Westinghouse.
The great fear among those working to address climate change is that the seemingly vast resources of fossil fuels waiting to be burned will send the world hurtling toward certain…
In the latest issue of Technology and Innovation – Proceedings of the National Academy of Inventors, three new energy technologies are discussed which could potentially change the world.The…
Problem: Life requires energy. Coal and oil are finite. America powered by finite resources is dying. Americans face Oil Famine, the monolithic dependence on a source of energy 50% outside…
Every trader in the oil market is fascinated by the recent price action. The last few months have seen an onslaught of negative news developments that should have sent the…
It’s not so easy any more to manipulate energy trades. Ask JPMorgan Chase & Co. (JPM: NYSE), which last week became the first ever actively trading company to be sanctioned…