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Article Archive | Page 1493

What Next for Repsol and Venezuela?

Dec 19, 2013 at 21:48

Bottom Line: After Petroleum Minister Rafael Ramírez announced on 4 December 2013 that Spanish oil and gas company Repsol and the Venezuelan government would be signing an agreement to invest…

Oil Market Forecast & Review 20th December 2013

Dec 19, 2013 at 21:46

February crude oil futures fluctuated between gains and losses this week as investors reacted to the latest economic reports and the U.S. Federal Reserve’s decision to begin reducing its monthly…

Desperate to Boost Oil Production, Venezuela Moves to Devalue Currency

Dec 19, 2013 at 16:13

On December 16, 2013, Venezuelan President Nicolas Maduro outlined plans to use a weaker exchange rate in order to lift the prospects of its ailing oil sector and deal with…

South Sudan not Ready for Oil Prime Time

Dec 19, 2013 at 16:08

South Sudanese President Salva Kiir accused his former vice president of launching a coup earlier this week, sending the world's newest nation into political turmoil. Rocked by conflict last year…

New Commodity Trading Rules Good for Big Oil

Dec 19, 2013 at 15:35

The move by banking and securities regulators to ban proprietary trading at financial institutions could put an end to Wall Street’s dominance in the commodity hedging game, giving greater…

UK to Launch Fracking Bonanza

Dec 19, 2013 at 15:31

The British government is preparing to offer up fracking licenses across some two-thirds of the UK’s entire territory for shale oil and gas exploration by next summer as London eyes…

This "Lonely" Resource Sector Is Getting More Attractive

Dec 19, 2013 at 08:46

A great investor friend of mine once described very succinctly how to ensure you are always the smartest person in the room.Find an empty room.Such advice…

US to Become Less Dependent on Foreign Oil -- be Careful What you Wish for

Dec 18, 2013 at 17:10

The US Energy Information Administration released on Tuesday an early version of its Annual Energy Outlook for 2014.  The main item being that the United States will continue to develop…

Japanese Optimistic on Putin’s Intentions to Develop Siberia

Dec 18, 2013 at 17:08

The Obama administration earlier this year made a great show about its intention to “pivot” U.S. economic and military interests towards Asia.Now the Russian Federation appears to be…

Pennsylvania Races to Top of Gas State Rankings

Dec 18, 2013 at 17:03

By then end of this year, Pennsylvania may be the second-biggest gas-producing US state, behind Texas, as production at the Marcellus Shale soars, according to a new report from the…

How Low Oil Prices could Cause the Death of Oil

Dec 18, 2013 at 17:00

There is a lot of confusion about which limit we are reaching with respect to oil supply. There seems to be a huge amount of “reserves,” and oil production seems…

Are These Two Sales A Sign of an Oil and Gas Opportunity?

Dec 18, 2013 at 11:07

A couple of interesting events the last few weeks from the established oil basins of the North Sea.It appears that a number of high-profile E&Ps are moving out…

Smart U.S. Oil Money is on Rail

Dec 17, 2013 at 17:14

U.S. oil production is breaking records standing for more than 20 years. With the International Energy Agency suggesting the boom won't last, smart investors will get behind rail as the…

Chinese Coal Demand Slows Putting Coal Producers at Risk

Dec 17, 2013 at 17:10

China’s determined efforts to reduce coal consumption will slow the growth of global coal demand over the next five years, according to a new report from the International Energy…

Putin Agrees Deal with Yanukovych to Provide Loans and Cheap Natural Gas

Dec 17, 2013 at 17:06

Russia has promised Ukraine $15 billion in loans and cheaper natural gas amid ongoing protests in Kyiv calling for closer ties with the European Union rather than Moscow.

Why California will Never Fulfill its Shale Potential

Dec 17, 2013 at 16:59

There was an important study released by the Post Carbon Institute last week that gives us an insight into how long our great shale oil bonanza —or more likely, bubble—…

Are We Falling Off the Climate Precipice?

Dec 17, 2013 at 16:57

I grew up planning for my future, wondering which college I would attend, what to study, and later on, where to work, which articles to write, what my next book…

Energy Secretary Signals Support for Revisiting U.S. Crude Export Ban

Dec 16, 2013 at 17:00

U.S. Energy Secretary Ernest Moniz, speaking to the Platts Global Energy Outlook Forum in New York on Thursday, said that it might be time for the U.S. to reconsider its…

Canadian Arctic Port Presses Forward on Oil Exports

Dec 16, 2013 at 16:57

Global warming has revived hopes amongst nations with Arctic coastline that thawing can lead to the development of previously unavailable hydrocarbon resources. In Canada, U.S. rail company OmniTRAX…

Japan Passes Energy Sector Reform in Wake of Fukushima

Dec 16, 2013 at 16:53

The Fukushima nuclear crisis certainly had profound implications for Japan. In November 2013, Japan’s lower house and upper house successively passed legislation to start electricity sector reform in 2015.…

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