Recent Articles

Saudis planning for a war of attrition in Europe with Russia's oil industry

Posted on November 18, 2015

Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

Political climate shifting against the oil and gas industry

Posted on November 10, 2015

Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important.

Oil megaprojects won't stay on the shelf for long

Posted on November 6, 2015

One casualty of the oil price downturn could be the megaproject.

Elon Musk's Hyperloop takes a step forward

Posted on November 4, 2015

Elon Musk famously proposed the idea of the Hyperloop a few years ago, and suggested it could be a revolutionary method for travel based on available technology today.

Forget Vegas, Nevada is now about Reno and lithium

Posted on October 29, 2015

Nevada is booming as new lithium companies rush in to stake out targets and massive business development gets underway, from Tesla to Amazon and Apple.

Stop blaming OPEC for low prices

Posted on October 28, 2015

Why is it that the responsibility for balancing the market falls on OPEC? Why should OPEC be the one to fix the imbalances in the global crude oil trade?

Day of reckoning for US shale will have to wait

Posted on October 26, 2015

October has been billed as a pivotal month in which indebted shale companies would see their credit lines cut, precipitating a faster consolidation in the industry that would sow the seeds of a rebound.

Oil market showdown: Can Russia outlast the Saudis?

Posted on October 19, 2015

While the sharp decline in crude prices has saved crude consuming nations hundreds of billions of dollars, the loss in revenues has caused crude exporting countries intense economic and financial pain.

China to continue expanding its influence in the oil and gas sector

Posted on October 13, 2015

Since 2009, China has been taking a much more active role in its pursuit of international oil contracts.

Africa banking on nuclear power

Posted on October 4, 2015

It’s no secret that Africa’s economic development has been stifled by the shortage of electricity across the continent.

This is what needs to happen for oil prices to stabilize

Posted on September 20, 2015

On September 10th the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD.

The shale delusion: Why the party's over for U.S. tight oil

Posted on September 17, 2015

Despite brash statements by U.S. producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies.

The world's first clean oil sands project: An interview with Dr. Gerald Bailey

Posted on September 2, 2015

After decades of exhaustive attempts to overcome the dirty reputation of oil sands, we finally have an environmentally-friendly and low cost method to tap into these vast resources in the state of Utah—good news both for Mother Nature and all oil and gas investors.

Saudis could face an open revolt at next OPEC meeting

Posted on August 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil.

What's really at stake with the Iran nuclear deal

Posted on August 20, 2015

Iran's nuclear deal is about much more than the price per gallon. What the U.S. and its allies are trying to accomplish is no less than the reversal of political hostilities that have marginalized Iran for over thirty years and fueled hostility across the region.

The Saudi oil price war is backfiring

Posted on August 12, 2015

With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump.

Global oil supply more fragile than you think

Posted on August 7, 2015

The growing acceptance that oil prices could stay lower for longer will kick off a fresh round of cuts in spending and workforces for the oil industry.

Could WTI trade at a premium to Brent by next year?

Posted on August 6, 2015

A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory.

Top 6 myths driving oil prices down

Posted on August 4, 2015

Over the last few weeks I have witnessed another litany of lies that the media insists on putting forth. They come in the form of statements presented as facts to sway opinion while others are opinions quoted by others.

Former Exxon President on mission to clean up oil sands

Posted on July 31, 2015

Canada has given oil sands a dirty reputation, but a breakthrough, commercially viable technology has caught the eye of a former Exxon Mobil president who is putting it to use to clean up Utah's billions of barrels of oil sands.

Warren Buffett and Elon Musk to spark a lithium boom

Posted on July 29, 2015

This wonder mineral is the backbone of our everyday lives, popping up in everything from the glass in our windows to our mountains of electronics.

Saudis expand price war downstream

Posted on July 28, 2015

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector.

More job losses coming to U.S. shale

Posted on July 22, 2015

Surprisingly, a recent IHS study had revealed that the U.S. shale sector has been boosting job creation in addition to supporting around 1.7 million jobs in U.S.

The multi-trillion dollar oil market swindle

Posted on July 15, 2015

These distortions, which are affecting price through media hype and/or direct/indirect price manipulation, are quite possibly the largest in financial history.

OPEC, get ready for the second U.S. oil boom

Posted on July 14, 2015

What OPEC countries fear most is a follow-up technological revolution that will lead to a second oil boom in the U.S., and that fear is now being realized.

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