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Article Archive | Page 1490

In 2014 Chinese-African trade will surpass $200 billion

Feb 28, 2014 at 16:09

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…

Noble to Sell off Oil Field Stake in China

Feb 28, 2014 at 15:58

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 A Short Crude Position: 2 Stocks To Consider

Feb 28, 2014 at 13:51

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…

How to Profit From a Rise in Natural Gas Prices

Feb 28, 2014 at 13:42

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…

Global Energy Advisory 28th February 2014

Feb 28, 2014 at 13:25

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…

This Week's 3 Most Important Numbers in Energy

Feb 28, 2014 at 13:18

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…

Darkness Descending on Venezuela

Feb 28, 2014 at 13:13

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…

Emerging Oil Venues Attracting Pirates

Feb 28, 2014 at 13:08

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…

A High-Profile Miner's Unusual Strategy

Feb 28, 2014 at 09:08

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…

New Spy Technology to Spawn Oil Revolution

Feb 27, 2014 at 17:32

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…

Shell’s Troubles in Nigeria Continue

Feb 27, 2014 at 16:56

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…

Supermajors Balk at Canadian LNG Profit Tax

Feb 27, 2014 at 16:45

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…

Emergency Order to Avoid Oil Train Disasters

Feb 27, 2014 at 16:34

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.

Another Abandoned Oil Opportunity

Feb 27, 2014 at 08:46

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…

Repsol to Settle for $5bn over Argentina Oil Asset Heist

Feb 26, 2014 at 17:25

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.…

What the Resource Curse Means for Afghanistan

Feb 26, 2014 at 17:04

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…

Africa’s Next Oil Frontier – Ethiopia?

Feb 26, 2014 at 16:54

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…

Korean Firm Wins $6bn Iraq Refinery Contract

Feb 26, 2014 at 16:46

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…

If You Missed It, Uranium Is Back

Feb 26, 2014 at 08:43

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…

Obama Admin Raises Liability Cap for Oil Spills

Feb 25, 2014 at 15:18

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…

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