After several days of consolidation, nearby crude oil futures soared, setting up the market for further upside action. The positive reaction is being attributed to bullish comments from European Central…
Incident: The sale of Albpetrol to ostensibly US-based Vetro Energy in September has been stalled after Vetro failed to make the deposit to back the guarantee. Vetro Energy…
Incident: Just east of the capital Sana’a at least five people have been killed in fighting near an oil pipeline that began the last week of December. Tribes…
Incident: The National Iranian Gas Company has announced it will begin construction of the Iran-Pakistan (IP) pipeline within 30 days. Construction will start on the Pakistani side with…
Incident: Iran has test-fired a newly upgraded missile system near the strategic oil and gas Strait of Hormuz in the Persian Gulf. The Raad (Thunder) missile system launches…
A U.N. special envoy on the rights of indigenous peoples expressed concern about the ongoing hunger strike of a tribal leader protesting certain natural resource laws in Canada. The Canadian…
Since the Islamic revolution in Iran in 1979 much has been said about the threat the mullahs who control the country pose to international oil markets. A large…
With the rapid deterioration in the health of Venezuela’s President Hugo Chavez, it seems a pertinent time to look at why Venezuela and Chavez play such an integral role in…
The Obama administration’s goal of putting a million plug-in electric vehicles on the roads by 2015 may be a tough sell, say researchers.But, the new study does find…
Abraxas Petroleum (AXAS) is a micro-cap exploration and production company with assets in the Bakken (23.0k net), Eagle Ford (7.3k net), Powder River Basin (17.0k net) and Permian Basin (40.0k…
After a near $10 run higher in the last month February Crude oil futures have stalled just under $94/barrel. I think aggressive traders can probe shorts looking for prices to…
U.S.-based supermajor Shell (NYSE:RDS.A) said it was making progress with the tow and recovery of the drill ship Kulluk, which struck ground last week off the coast of Alaska. The…
Thanks to a $3.65 billion deal with China Development Bank Corporation, Ukraine will gradually work towards the gasification of coal to reduce its dependency on natural gas by about 4…
The natural gas revolution has brought big changes to the U.S. energy scene. Natural gas prices, which used to move closely together with oil prices, have plunged in the last…
The world is now well advanced in transition to the age beyond strategic nuclear weapons. It may be, from the standpoint of military descriptors, a transition to the age of…
We have been hearing a lot about escaping the fiscal cliff, but our problem isn’t solved. The fixes to date have been partial and temporary. There are many painful decisions…
In the midst of a global market lull, many companies are sitting on their hands, argues Mark Lackey of CHF Investor Relations. That's why he's scoping out smart management that's…
Gaining knowledge about company's debt and liabilities is a key component in understanding the risk of a company. An understanding of these factors will aid in the decision to invest,…
Tokyo Electric Power Co. (TEPCO) lied about the dangers of radiation exposure, according to eight US sailors involved in disaster relief operations following the March 2011 Fukushima meltdown.Now…
Whether one believes 100 percent in the science behind global warming, the fact is that the northern polar ice cap is in retreat, sparking an energy resource scramble among those…