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.
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.
Posted on November 6, 2015
One casualty of the oil price downturn could be the megaproject.
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.
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.
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?
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.
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.
Posted on October 13, 2015
Since 2009, China has been taking a much more active role in its pursuit of international oil contracts.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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