A Syrian businessman who also…
It is a long time…
Russia’s crude oil exports have plunged to…
Whither Egypt and its nearly 4.4 billion barrels of proven oil reserves and 77 trillion cubic feet of natural gas? Well, it’s never been a cakewalk, getting energy-starved Egypt’s development…
Only a decade ago, drones were the purview of the military, but today we are realizing the commercial potential of this technology and the numerous cost-cutting applications for the oil…
The United States is producing almost 7 million barrels of oil a day, more than it has in a decade and a half. We also now export refined gasoline, something…
Overbought conditions continued to pressure September crude oil futures last week. Prices seemed poised to finish the week sharply lower as speculators pared positions while booking profits after a spectacular…
Bottom Line: As the UK doubles its shale reserve estimates, plans are in the works for lowering the proposed shale production tax rate by half. Analysis: The UK…
Bottom Line: Armenia’s plans to hand over the state’s remaining stake in its natural gas monopoly to Gazprom has opposition politicians furious over the prospect of ceding total control of…
Bottom Line: Romania announces that construction will begin soon on a natural gas pipeline to neighboring Moldova, in a project that will underbid Gazprom prices and challenge Russia’s control in…
Bottom Line: The earliest we can expect commercial output from Uganda is 2016 as production stalls over tax questions and local refining uncertainty. Analysis: Uganda made its first…
The pace of oil and gas exploration is frightening, and discoveries are weekly, if not daily, with volumes investors would only have dreamt of a decade ago. With each new…
Two weeks ago before my vacation, my inbox filled with questions surrounding the refining space and CVRR in particular, an MLP that I recommended at its IPO price of $25. …
We’ve been holding on to this nugget for some time, waiting for one of the last pieces of the puzzle to near position. Now it’s time: Bosnia and Herzegovina has…
September Crude Oil futures reached a new high for the year this week, but there was very little follow-through. This is a good sign that conditions are overbought and that…
Bottom Line: We see a flurry of activity in Ukraine, with a $735 million Black Sea commitment by Exxon, an unexpected 100 million barrel oil find in the Poltava region…
Bottom Line: Swiss billionaire Jean Claude Gandur’s Oryx Petroleum Corp. could hit it big again in property adjacent to its key acreage in Kurdistan, Northern Iraq, and we should know…
Bottom Line: Now that Croatia has joined the European Union, Russia will work hard and fast to get its foothold in the Balkan country’s energy market, where location gives it…
Bottom Line: By January 2014, Russia may liberalize LNG exports currently monopolized by state-run Gazprom, in order to make room for expansion of LNG exports to the Asia-Pacific region.
Oil and gas is getting bigger, deeper, faster and more efficient, with new technology chipping away at “peak oil” concerns. While hydraulic fracturing has been the most visible revolutionary advancement,…
If there was ever a contrarian play, it’s the coal sector today.Major coal producers like Peabody Energy (NYSE-BTU) are trading below the levels they saw during the height…
When the US Energy Information Administration (EIA) released its first-ever report that looked at shale oil and gas potential from a global perspective, the first question that came…
September crude oil futures continued to soar this week, proving that last week’s huge rally was no fluke. The market spiked up early in the week before running into fresh…