On 20 February, Chinese President Xi Jinping, hosting Senegalese visiting President Macky Sall in Beijing said, "In 2013, Chinese-African trade surpassed $200 billion for the first time, making China Africa's…
Texas-based Noble Energy of Israeli gas discovery fame is now looking to sell off its majority stake in an oilfield off northeastern China that launched commercial production more than a…
Hedging is a concept too often misunderstood, or worse, badly executed. To many investors and traders, a hedge simply consists of a trade that directly opposes their main position. They…
Residents of on East Coast of the U.S. are surely eager for spring to arrive after what has been a brutal winter. It seems like every week we are digging…
Somalia, not so fastInvestors contemplating a potential move on Somalia are wise to consider that while this is the first time since a 20-year civil war and state…
25%. Interest that major petroleum player Petronas is selling in the Pacific North West Liquefied Natural Gas (LNG) development in British Columbia, Canada.The firm said this week it…
This week we are turning our attention to Venezuela, where the worse unrest in 10 years is being marked by violent clashes in Caracas between police and anti-government demonstrators led…
The recent hijacking of a ship off the coast of emerging oil darling Angola, and the apparent heist of $8 million in fuel, helps us trace how piracy on…
There's been a lot of talk lately about purchasing mining assets.With many metals at multi-year lows, big investors have started circling. Looking at "picking off" quality projects at…
The future of oil exploration lies in new technology--from massive data-processing supercomputers to 4D seismic to early-phase airborne spy technology that can pinpoint prospective reservoirs.Oil and gas is…
Royal Dutch Shell is in the midst of a flurry of sell offs to fix its balance sheet, unloading billions of dollars of assets as quickly as it can. Shell…
Oil and gas companies hoping to win big on Canada’s nascent liquefied natural gas (LNG) export industry are balking at a new gas tax proposed for British Columbia that…
US federal regulators on Tuesday issued an emergency order for tougher testing of crude oil before shipment by rail to determine sensitivity to potential explosion and fire.
I'm always interested when big oil firms decide to exit a play. Because it often signals that an opportunity is at hand for smaller firms.That could well be…
Spanish oil giant Repsol is preparing to sign a $5 billion settlement agreement in the coming days with the government of Argentina over the 2012 seizure of its local assets.…
Three years ago, the U.S. Geological Survey said some of the resources in Afghanistan could transform an economy normally dependent on illicit narcotics. With this year's pivotal drawdown of international…
Sitting athwart the headwaters of the Blue Nile, Ethiopia has long seen its energy future in its hydropower potential, being able to export electricity to neighboring countries. That picture…
A consortium of Korean engineering firms has won an estimated $6 billion contract to build a new oil refinery in Iraq, in the largest deal ever won by Korean…
We got one of the biggest rallies in years for uranium stocks yesterday.Producers like Cameco jumped over 8% on the day. Spurred by news that Japan is officially…
On February 21, the U.S. Department of Interior proposed raising the cap on liabilities that oil companies are forced to pay in the event of an oil spill. The…