Charles is a writer for Oilprice.com
Suncor Energy Inc. has announced an unsolicited offer for Canadian Oil Sands Limited, a CAD$4.3 billion (USD$3.3 billion) bid to take over the beleaguered oil…
On September 30, a federal judge struck down the U.S. Department of Interior’s regulations on hydraulic fracturing, a blow to the Obama administration’s efforts at…
The ongoing slump in oil prices is forcing Saudi Arabia to retrench and bring home tens of billions of dollars that it has overseas. Bloomberg…
Venezuela is facing a severe economic crisis, one that could get worse before it gets better.Venezuela’s GDP is expected to contract by a staggering 9.1…
“Peak coal” is here. Goldman Sachs released a September 22 research note that predicted that coal will decline and never come back. “Peak coal is…
The battle over local bans on hydraulic fracturing is heating up in Colorado. The state Supreme Court decided on September 21 to hear a case…
The Russian government is moving to plug a whole in its budget by raising more revenue from its oil and gas industry. According to Reuters,…
Russia will put its Arctic ambitions on hold. The Russian Energy Ministry gave a presentation earlier this week that pointed to exploration in the Kara…
While everyone is watching the oil bust, there is another bust going on – one for natural gas. Before there was a boom in oil…
The collapse in commodity prices over the past year have shaken up the global economy, and for countries dependent on natural resource exports, the bust…
A landmark energy bill in California was watered down after facing significant opposition from the oil and gas industry. The California legislature was considering a…
U.S. President Barack Obama’s signature foreign policy initiative – the historic nuclear deal with Iran – appears poised to fend off Congressional opposition. After several…
The oil bust has been largely a supply-driven phenomenon. Unlike the last time that oil prices were this low – during the 2008-2009 financial crisis…
Venezuela, a country in economic crisis because of the dramatic fall in oil prices, is seeking additional financial help from China this week. Venezuela is…
As natural gas drillers turn to “supersize” fracking, natural gas supplies could be abundant and cheap for a long-time to come. That is how the…
Italian oil company Eni announced on August 30 that it may have discovered one of the world’s largest natural gas fields off the coast of…
In Mexico’s upcoming auction for oil and gas leases, it has moved to sweeten the pot in an effort to avoid another disappointing result. In…
BP’s Whiting refinery, the largest refinery in the Midwest, made a quicker-than-expected return to action this week. BP released a statement saying that the large…
Global market upheaval continues to inflict damage across the energy industry.The Shanghai Composite fell by 8.5 percent, and that has sent shockwaves around the world.…
New EIA data sparked yet another sell off for crude oil, with WTI declining by more than 4 percent on August 19, and Brent down…