oil and gas Mining News

'Dirty, difficult, and dangerous': Why millennials won't work in oil

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials.

Infographic | The next big hurdle for oil and gas is water use

In some counties in the U.S., especially those with lots of oil and gas activity, there are billions of gallons of waste water, brackish water, or saline water that aren’t potable for human consumption.

Today's stunted oil prices could cause oil price shock in 2020

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil's immediate future.

Oil poised to reach $80

We've been bullish on oil prices and published a piece last April predicting an energy shortage. I continue to think that is where we're headed.

Can oil markets survive an OPEC implosion?

A technical meeting that was supposed to iron out some wrinkles for a deal to cut oil production ended in acrimony over the weekend, and OPEC's effort at coordination could be at yet another impasse.

Which countries are damaged most by low oil prices?

This week's chart looks at costs per barrel, exports, and total oil production.

Today's downturn sets markets up for a dramatic oil price spike

Oil and gas companies have gutted their capex budgets, necessary moves as drillers went deep into the red following the crash in oil prices. But the sharp cutback in investment means that huge volumes of oil that would have otherwise come online in five or ten years now will remain on the sidelines.

Increase In U.S. rig count will not cap oil prices

The Catch 22 is if oil prices rise high enough to put drilling and service back to work then it won’t last long.

Oil prices send sell signal

Technical analyst Jack Chan believes a correction in oil prices is underway, and advises investors to use caution in a vulnerable market.

3 years of painful cuts sets markets up for serious supply crunch

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online.

Oil climbs over $50: Can investors bank on a recovery?

The price of a barrel of oil has almost doubled from its low of $28 at the start of the year, prompting speculation that a recovery is underway.

Think beyond oil and gold: Interview with Mike 'Mish' Shedlock

There are other plays. Think electric vehicles and even driverless cars. Find what's undervalued now and get in on some of the games that will dictate glorious future wealth.

Fed raising interest rates in June? Marc Faber says no, is bullish on gold and oil stocks

Given the abundant speculation about the Federal Reserve and interest rates, Marc Faber told CNBC last week he believes the Fed is closely watching the market reaction to its intimations it may raise rates in June.

What does the next OPEC meeting have in store?

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran

Chart of the week: Oil bankruptcy mayhem

Total debt of newly bankrupted energy companies is soaring each month

Why China is really dictating the oil supply glut

The Chinese urgency points to two things. China believes that crude oil prices will not remain at the current levels for long, and that a disruption is possible due to geopolitical reasons, which can propel oil prices higher.

How the US is shunning Saudi oil imports

Over the last 15 years, America has been turning away from traditional oil suppliers in the Middle East to more trusted sources, closer to home.

CAPP sees 62% decrease in oil and gas spending for Canada

This reduction according to the Canadian Association of Petroleum Producers, is the largest two-year decline since the start of tracking this data in 1947.

$85 crude oil by Christmas – an interview with Mike Rothman

Oil prices may be gyrating up and down, but Mr. Rothman provided some juicy clues for investors, highlighting some key near-term trends for crude oil.

Expect huge price swings next month

This past week was not for the ‘faint of heart’. All of the asset classes witnessed wildly volatile moves, which culminated in an 11% move of crude oil.

Chart of the Week | Oil is dirt cheap………literally

We decided to conduct an experiment at Home Depot to find out if that's true. Our landmark investigation left no stone unturned.

Brian Bagnell's tips for smart oil and gas investing

In today's tough price environment where most oil and gas juniors are losing money, a strong balance sheet is the key to survival, says Brian Bagnell.

War between Saudi Arabia and Iran could send oil prices to $250

The rift between Saudi Arabia and Iran has quickly ballooned into the worst conflict in decades between the two countries.

How much oil is needed to power Santa's sleigh?

Well the answer is complicated by a number of factors most importantly, we just don't know a lot of about Santa's rounds, the shape of the sleigh, the air speed of the craft, or the weight of all those presents. But, we can take some educated guesses.

ISIS, Turkey and oil – the bigger picture: interview with Pelicourt

Robert Bensh—managing director and partner at Pelicourt, a Western-owned oil and gas company discusses navigating tricky conflict zones.