Global Energy Alert

Jul 12, 2013 at 13:24 | Editorial Dept

Ghana’s Jubilee Production Hits 110,000 b/d, Amid Political CrisisGhana’s giant offshore Jubilee field continues its steady increase in production, now reaching 110,000 barrels per day, and its operator,…

Jul 12, 2013 at 13:16 | Editorial Dept

Dana Gas Announces Find in EgyptUAE-based Dana Gas on 30 June announced a significant gas discovery in Egypt’s Nile Delta, just four days before Egypt’s military stepped in…

Jul 06, 2013 at 13:59 | Editorial Dept

What if Mexico were to privatize its state-owned oil company Pemex around the same time that the US and Mexico ended the moratorium on oil and gas production along their…

Jul 06, 2013 at 13:38 | Dan Dicker

Egypt is the big topic on oil trader’s minds this week but it really shouldn’t be. Although it’s been tapped as the reason WTI oil has drifted above $100 a…

Jul 06, 2013 at 13:35 | James Stafford

It’s all about fiber optics today, with acoustic spy tech that aims to both perfect offshore fracking and detect subsea leaks—and this is where the defense industry and oil and…

Jul 06, 2013 at 13:28 | Jim Hyerczyk

August crude oil futures regained the long-term resistance line of a triangle chart pattern on July 3, putting it in a position to close higher for the week. Shortly after…

Jul 06, 2013 at 13:18 | Editorial Dept

Citigroup Eyes Oil, Infrastructure in IraqCitigroup Inc. (C) received approval last week to open a representative office in Baghdad to take advantage of the estimated $1 trillion to…

Jul 06, 2013 at 13:10 | Editorial Dept

Takeover Bargain: Newcrest MiningSince mid-April we have been monitoring Newcrest Mining Ltd. (NCM), which has lost half of its value since then and is possibly ripe for takeover…

Jul 06, 2013 at 13:03 | Editorial Dept

Qatar Emir Cedes Power to SonEmir of Qatar Hamad bin Khalifa al-Thani (61) ceded power Tuesday to his 33-year-old son, Tamin bin Hamad al-Thani. This is not a…

Jun 28, 2013 at 17:06 | Dan Dicker

This week’s market action seemed to prove two very old trader’s axioms – ONE – the market will do precisely what will cause the most people the most pain and…

Jun 28, 2013 at 17:02 | James Stafford

The bulk of new discoveries we’ve been hearing about over the past couple of years—at least the big ones—are offshore, many of them in ultra-deep waters. Shallow discoveries are fewer…

Jun 28, 2013 at 16:58 | Editorial Dept

Underground coal gasification (UCG) has been around for a very long time, but just as it was about to surface as a potentially commercially viable alternative to traditional coal mining,…

Jun 28, 2013 at 16:08 | Jim Hyerczyk

August crude oil futures bucked the trend in many commodities to post a strong close for the week.  The market was buoyed by signs of an improving economy and comments…

Jun 28, 2013 at 16:01 | Editorial Dept

Peru Prepares for Amazon Oil AuctionPeru is preparing to auction off 26 oil concessions in the Amazon region after holding consultations with indigenous groups. The Peruvian government is…

Jun 28, 2013 at 15:48 | Editorial Dept

Noble Seals Cyprus LNG Terminal DealLast week, Cyprus approved a deal with Houston-based Noble Energy Inc. (NBL) and its Israeli partners (Delek Drilling LP and Avner Oil Exploration…

Jun 28, 2013 at 15:08 | Editorial Dept

Uncertainty Rises in LebanonSpillover from the conflict in Syria has entered a new phase in Lebanon, and we are increasingly concerned that the country will become embroiled in…

Jun 21, 2013 at 14:11 | Dan Dicker

As I write this on Thursday morning, Gold is in a virtual freefall, dropping below $1400 an ounce for the first time in two years – Ben Bernanke’s statements at…

Jun 21, 2013 at 14:10 | James Stafford

Massive cost, forbidden terrain and unimaginable reward—this is the Arctic, where interest has waxed and waned over the past decade, but a flurry of activity from unexpected quarters is bringing…

Jun 21, 2013 at 14:01 | Editorial Dept

It’s hard to get a handle on the Utica shale, and whether it’s an amazing success or a horrible disappointment—this is a matter of perspective. But give us a chance…

Jun 21, 2013 at 13:58 | Jim Hyerczyk

August crude oil continued its sharp rally which began two weeks ago when the market successfully held a major pivot zone at $94.32 to $93.13. The upside momentum generated by…