Charles Kennedy

Latest articles from Charles

• The Single Biggest Breakthrough In Oil Tech This Year

  Published 28 August 2018 | viewed 22,813 times

  Utah holds the largest reserves of oil sands in the United States, but up until now, no company had the technology to exploit these vast…

• 5 Record Breaking Gemstones Even Billionaires Can’t Buy

  Published 20 February 2018 | viewed 41,161 times

  As Elizabeth Taylor once said: “I adore wearing gems, but not because they are mine. You can't possess radiance, you can only admire it.” It’s…

• Oil Prices Nosedive On Bearish IEA Report

  Published 14 November 2017 | viewed 36,170 times

  Oil prices are cratering after the IEA said that global oil demand is actually much weaker than everyone thought. The IEA lowered its demand forecast…

• Saudi Arabia Considers Selling Cheap Aramco Shares To Locals

  Published 22 February 2017 | viewed 5,749 times

  Oil giant Saudi Aramco is reportedly considering offering shares to citizens of Saudi Arabia as it prepares for an initial public offering that could be…

• Russia Sanctions Scandal Only Begins With Flynn’s Resignation

  Published 15 February 2017 | viewed 8,779 times

  The resignation of General Michael Flynn after only 24 days as national security advisor over secret conversations with a Russian diplomat may only be the…

• Pipeline Approvals Could Put A Ceiling On Gas Prices

  Published 09 February 2017 | viewed 15,579 times

  Two new pipelines to be built over the next 12-18 months are likely to bring down natural gas prices on the U.S. market just when…

• Dubai State Oil Company Loses 10% In Turnover In Oil Price Dip

  Published 06 February 2017 | viewed 6,157 times

  Dubai-based state-owned Emirates National Oil Company (ENOC) has reported a nearly 10-percent year-on-year drop in turnover as a result of depressed oil prices, the company…

• Kuwait Slashes Oil Production To 2.707M BPD On OPEC Accord

  Published 06 January 2017 | viewed 27,604 times

  Kuwaiti officials say the OPEC-member country has reduced oil production this month to around 2.707 million barrels per day, in line with the targeted amount…

• Republican Senator Says ‘No’ To Tearing Up Iran Nuclear Deal

  Published 06 January 2017 | viewed 9,082 times

  Senate Foreign Relations Committee Republican Chair Bob Corker says President-elect Donald Trump should not and would not reverse the nuclear deal with Iran. Speaking to…

• OPEC Oil Output Falls From Record Highs

  Published 05 January 2017 | viewed 16,948 times

  A newly released survey by Reuters indicates that OPEC oil output in December fell from its record high - for the first time since May…

• 600 Hundred Arrested And 1 Dead As Mexican Gas Price Protests Intensify

  Published 05 January 2017 | viewed 12,061 times

  Some 600 people have been arrested, one policeman killed and around 300 stores looted as protests intensify in Mexico following the weekend decision to hike…

• API Reports A Major Crude Oil Draw

  Published 04 January 2017 | viewed 33,495 times

  The American Petroleum Institute (API) has reported a sizable draw on U.S. crude oil inventories, down 7.4 million barrels over the previous week—a much larger…

• As OPEC Cuts Take Effect, South Sudan Plans Output Increase

  Published 03 January 2017 | viewed 10,907 times

  War-torn South Sudan says it will increase oil production on the heels of an OPEC deal that promises to push global oil prices upwards for…

• U.S. Exports Record Level Of Refined Products

  Published 31 December 2016 | viewed 11,822 times

  U.S. refiners continue to expand their footprint, exporting record volumes of product abroad. The U.S. refining complex exported nearly 4 million barrels per day of…

• Plunging Natural Gas Inventories Pull Prices Even Higher

  Published 30 December 2016 | viewed 19,363 times

  Natural gas markets have experienced a dramatic change in just the past two months, upending forecasts about a protracted period of oversupply. The EIA reported…

• Oil & Gas IPO’s To Spike in 2017

  Published 29 December 2016 | viewed 18,557 times

  2017 could be a banner year for oil and gas companies who are looking for fresh equity. According to Tudor Pickering Holt & Co., as…

• The End Of The Oil And Gas Bankruptcy Wave

  Published 29 December 2016 | viewed 27,141 times

  Even as oil prices are rebounding, we are closing out one of the worst years for the oil and gas industry in decades. In 2016,…

• Natural Gas Drillers Rush To Hedge Production As Prices Soar

  Published 28 December 2016 | viewed 16,121 times

  Natural gas prices are soaring on cold weather and falling production, spreading optimistic conditions for gas producers for the first time in years. Natural gas…

• Egypt Signs Oil & Gas Deals, Plans To Jump Start Drilling

  Published 28 December 2016 | viewed 8,462 times

  Egypt has signed several large deals with a handful of oil majors, which could lead to more oil and gas production in the energy-starved nation.…

• Can U.S. Shale Add 1 Million Bpd In 2017?

  Published 27 December 2016 | viewed 28,215 times

  Oil prices are up on expectations that OPEC will contribute to a faster balancing in 2017, with up to 1.8 million barrels per day in…