If anyone is to ever write a guidebook on political survival, the skills of Venezuelan President Nicolás Maduro would certainly top the contemporary charts. This autumn went relatively well for…
Crude oil prices are about to book their biggest rise in three years on the last day of 2019, supported by the combined force of OPEC+ production cuts and the…
Strange, is it not, that an agreement has suddenly been reached between Saudi Arabia and neighbouring Kuwait on the oil and gas fields that they share in the ‘Neutral Zone’…
Shale drilling does not produce as much oil and gas as the industry promised, raising questions about the productivity, profitability and, ultimately, the longevity of the fracking boom. The Wall…
With the New Year already knocking at the door, long-suffering energy investors are looking to put another disappointing year behind them--and the International Maritime Organization’s sulfur regulations targeting the…
Oil and gas is among the more accident-prone industries. Compared with, say, banking, the likelihood of someone getting hurt on the job in oil is immeasurably higher. But just as…
At the beginning of each year, I make several predictions about the energy sector for the upcoming year. You can see those predictions and read the context at
Despite the newly announced U.S. sanctions against the Nord Stream 2 project, Russia says it will build and launch next year the natural gas pipeline that has divided Europe for…
Warren Buffett, probably the world’s most successful investor, a man noted for the conservatism of his investment policy and aversion to high tech, wants out of coal? Buffett’s Berkshire Hathaway…
Germany is going forward with its plan to phase out nuclear reactors by 2022 as another nuclear power plant is going offline on December 31. Power company EnBW…
Just as the U.S. shale industry is slowing down, oil production in other non-OPEC countries is on the rise. Output in U.S. shale grew substantially in 2019, although at a…
The year that is drawing to its close has been turbulent for the Middle East. While oil prices stubbornly refused to respond to efforts to push them higher, remaining locked…
As the year draws to a close, the Brent and WTI oil benchmarks are trading at $66.55 and $61.54, respectively. From $60.65 to $64.50, investment bank and analyst projections for…
Unless the remaining days of December surprise us with a world-beating hydrocarbon discovery, 2019 will go down as one of the weakest years on record in terms of new oil…
As if the downturn due to a trade-war-induced slowdown in China were not enough, the European automotive industry is facing the challenge of a rapid switch from diesel to…
An eventful 2019 wraps up a decade of turmoil in oil markets, in which Brent Crude prices fluctuated from as high as US$125 a barrel in 2012 to as…
Investors have been battling with the battery paradox for years. The answer might see us ditch heavy metals for something as random as … seawater. With the global electrification drive…
The Nord Stream 2 gas pipeline, construction of which is intended to transport 55 billion cubic metres of Russian gas to Germany per year under the Baltic Sea, is a…
Oil and gas exploration and production (E&P) companies must perform one very important phase after drilling a well to its total depth. They need to prepare the well for production…
In engineering there are credible and incredible failures. Nuclear power plants were designed against what was believed to be a “maximum credible accident.” Then came Fukushima, incredible. In early December,…