In response to Iran's attack…
The U.S. has reimposed sanctions…
Israeli authorities claimed to have…
This company’s had some management problems, but we still like it: Its profits are higher than expected, despite all, and its net income is up 2 cents per share this…
Late breaking news on Thursday may have signaled the top in July crude oil as traders reacted with aggressive selling pressure. The move was triggered by comments from Fed Bank…
Bottom Line: The debate over whether the US should become a net gas exporter moved towards the proponents last weekend, following remarks made by US President Barack Obama during a…
Bottom Line: A new discovery by France’s Total SA (TOT) just inside territorial waters of Cote d’Ivoire will either exacerbate or speed up a resolution for a maritime boundary dispute…
Bottom Line: Close to proving commercial viability of its major finds since last year, a new report by the IMF suggests that Kenya will start producing in 6-7 years.
Bottom Line: Karoon Gas Australia Ltd. (KAR) was already ripe for takeover last month, and a secondary discovery in Brazil last week adds some significantly unexpected value. Analysis:…
We all like straight recommendations to buy stock, but sometimes just staying away from a sector is a very good call. This year, it’s been tough in the energy patch,…
This week we find ourselves back in Latin America, but in Paraguay, where an estimated 4 billion barrels of oil in one basin alone could turn the country into a…
Looking six months to a year down the road, there are two companies we’re watching closely because we think they’re about to hit pay oil in Paraguay. They’ve honed in…
June crude oil is set to close lower for the week after heavy selling pressure hit the market following a test of a major 50% price level at $94.66. The…
Bottom Line: Argentina has one of the largest gas and oil deposits in the world, but politics makes this a conundrum for foreign investors. Political mismanagement, especially on the part…
Bottom Line: The Polish government claims that EuroPolGaz negotiated a controversial MOU with Russian Gazprom in early April without its knowledge, and now it’s all about damage control over a…
Bottom Line: Following a long-awaited agreement with Sudan that has South Sudan ready to continue oil production, other developments bode well for South Sudan output, including the integration of rebel…
Bottom Line: Tentatively scheduled for 28 August, the US government is auctioning off over 21 million acres on the Outer Continental Shelf in 3,953 blocks in shallow and deep waters.…
The Gulf of Mexico is heating up again and the excitement is returning for deep water drilling. After three years of declining production from the Gulf, we are now poised…
In 2011, shortly before conflict broke out in Syria, the government was preparing to begin bidding for its first offshore exploration blocks in the Levant Basin region. That, of course,…
In late March, the US Department of Interior released the results of its Central Gulf of Mexico lease sale 227. It was a great auction, with a LOT of interest—52…
June crude oil surged on the daily and weekly charts, regaining a key support line and setting up the market for further upside action. Before getting too excited, however, keep…
Bottom Line: The European Union has lifted its oil embargo on Syria ostensibly to provide “economic support” to the rebels fighting the Assad regime, but the rebels—40%+ infiltrated by Sunni…
Bottom Line: The victory of Colorado Party candidate Horacio Cartes in Paraguay’s presidential elections on 21 April sets the stage for a strengthening of the oil and gas industry and…