Nick Cunningham

Latest articles from Nick

• LNG Glut Set To Worsen Considerably Over Next 3 Years

  Published 11 November 2015 | viewed 22,799 times

  LNG supplies are set to boom over the next 3 years. The IEA’s 2015 World Energy Outlook expects LNG export capacity to grow rapidly in…

• IEA Sees No Oil Price Rebound For Years

  Published 10 November 2015 | viewed 12,307 times

  Oil prices are likely to stay below $80 per barrel for another five years, according to a closely watched energy report. The International Energy Agency…

• Venezuela Liquidating Assets As Economic Crisis Worsens

  Published 09 November 2015 | viewed 23,845 times

  Venezuela is at a political crossroads, with an all-important parliamentary election set to take place in December. Meanwhile, the Venezuelan economy continues to deteriorate as…

• Political Climate Shifting Against The Oil And Gas Industry

  Published 07 November 2015 | viewed 24,612 times

  Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. But the political…

• Obama Admin Throws Alaska An Oil Lifeline

  Published 05 November 2015 | viewed 12,839 times

  On October 22, the U.S. Bureau of Land Management (BLM) gave the go ahead to a drilling plan in the National Petroleum Reserve in Alaska…

• Oil Sands Still Face Pipeline Problems

  Published 04 November 2015 | viewed 17,741 times

  In recognition that its campaign is heading for near certain failure, TransCanada hopes to delay the review process of its proposed Keystone XL pipeline until…

• Oil Megaprojects Won’t Stay On The Shelf For Long

  Published 02 November 2015 | viewed 21,959 times

  One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil…

• What The Oil And Gas Industry Is Not Telling Investors

  Published 31 October 2015 | viewed 26,311 times

  Oil prices crashed because of too much supply, but will rebound as production shrinks and demand rises. But what if long-term demand for oil ends…

• Top Oil Companies Report Dismal Earnings

  Published 29 October 2015 | viewed 10,260 times

  After a dismal quarter for oil prices, the oil majors are starting to report their earnings – and they don’t look good.Royal Dutch Shell is…

• SPR To Be Used To Raise Cash For US Gov

  Published 28 October 2015 | viewed 10,080 times

  The U.S. Congress is moving on a budget deal to avert a standoff over raising the debt ceiling, at least until 2017. The emerging budget…

• NatGas Glut Mirrors The Problems Facing Oil Markets

  Published 27 October 2015 | viewed 12,853 times

  Natural gas prices have fallen to their lowest levels in three years, plummeting by more than 10 percent on October 26.The balance of natural gas…

• Next Few Weeks Will Reveal Full Extent Of Oil Industry Suffering

  Published 26 October 2015 | viewed 21,148 times

  Get ready for some bad news and red ink.With the bulk of quarterly earnings reports in the energy industry yet to be announced, there are…

• Stop Blaming OPEC For Low Prices

  Published 24 October 2015 | viewed 32,017 times

  We are a little more than a month away from OPEC’s next meeting, which will be held in Vienna on December 4, 2015.OPEC altered the…

• Future Of Iraq’s Oil Industry Under Threat

  Published 21 October 2015 | viewed 22,877 times

  Iraq is one of the major reasons why OPEC has been able to increase oil production over the past year, even as oil prices have…

• Day Of Reckoning For U.S. Shale Will Have To Wait

  Published 20 October 2015 | viewed 24,150 times

  October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the…

• Obama Slams The Door On Future U.S. Arctic Drilling

  Published 19 October 2015 | viewed 7,443 times

  The Obama administration officially shut the door on Arctic drilling, a move that could prevent any new drilling for years to come.The U.S. Department of…

• Depressed Coal Markets Could Get Worse

  Published 17 October 2015 | viewed 12,863 times

  It probably seemed unlikely that the outlook for coal could get much worse, but the industry’s prospects continue to deteriorate.Both worldwide and within the United…

• Can China’s SPR Rescue Oil Markets?

  Published 15 October 2015 | viewed 18,067 times

  China’s imports of crude oil are picking up after a lackluster third quarter.Reuters reported that China has increased permits for small refiners, allowing an extra…

• Current Oil Price Rally Will Fizzle Out Say Analysts

  Published 14 October 2015 | viewed 14,652 times

   There is still very little clarity on the state of the oil markets, and the recent rally did nothing to dispel that fact. Still there…

• Romania Wants New Gas Supplies To Break Russian Gas Hold

  Published 12 October 2015 | viewed 15,408 times

  Eastern Europe is largely dependent on Russia for its energy, a dependency that comes with some political risk. Several countries are hoping to change that,…