Oil

EU spares Canadian oil sands the ‘dirty fuel’ label

Cecilia Jamasmie | December 17, 2014
EU spares Canadian oil sands the ‘dirty fuel’ label

The vote of the full plenary was prompted earlier this month when the EU's environment committee rejected a deal worked out after more than two years of lobbying by Canada.

Derivatives and mass financial destruction

GoldMoney | December 19, 2014
Wall street sign mining

With oil prices having halved in the last six months, together with the attendant currency destabilisation, there have been significant transfers of value through derivative positions, so large that financial instability may result.

Turbulent times call for insulated investments: Steven Salz

The Energy Report | December 19, 2014

The special situations analyst at M Partners tells The Energy Report that falling oil prices are hurting oil field services companies in different measures depending on their specialties, but that all are taking hits.

Peter Schiff - Euro Pacific Capital

Black gold loses glitter

The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector investments.

Global economy: why it’s a year-end “mess”

Daily Gains Letter | December 13, 2014

The blue-chip Dow Jones Industrial Average (DJIA) fell 185 points on Tuesday, prior to rallying to cut its loss—but this was followed by a 170-point intraday decline on Wednesday.

Fracking bans unjustified, says Fraser Institute

Business in Vancouver | December 11, 2014
Fracking

Hydraulic fracturing, or fracking, is not without its risks, but outright bans are unjustified: Fraser Institute

Oilprice.com

Norway's oil decline accelerating

Oilprice.com | December 10, 2014

New oil projects are being scrapped in Norway amid falling production and low oil prices.

Eric Coffin of HRA Advisories

A slippery slope

Eric Coffin of HRA Advisories | December 10, 2014

Volumes remain high in the bullion markets and volatility is higher if anything.

Trafigura bullish on strong results, hands $885m to top executives

Cecilia Jamasmie | December 8, 2014
Trafigura bullish on strong results, hands $885 to top executives

The buyback was revealed in the company’s annual report, which showed improved operating profits in spite of difficult market conditions in the last two years.

Micro-Cap E&Ps with less risky businesses: Casimir's Philip Juskowicz

The Energy Report | December 5, 2014

Many small-cap exploration and production companies have had a good run in recent years, but are now getting whacked given their strong connections to oil prices.

Oilprice.com

Could falling oil prices spark a financial crisis?

Oilprice.com | December 4, 2014
New low in oil prices drags BHP Billiton stock below 2009 levels

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns.

Canadian premiers say Energy East pipeline a 'nation-building' exercise

Cecilia Jamasmie | December 3, 2014
Canadian premiers say Energy East pipeline a 'nation-building' exercise

Ontario and Alberta agree the controversial $12bn Energy East pipeline is a “nation-building” exercise and said they'd work together on the issue.

Vale confirms plans to sell stake in $35 billion base metals unit

Cecilia Jamasmie | December 2, 2014
Vale’s CEO may reveal base metals unit IPO plans in NYC: report

Chief Financial Officer Luciano Siani confirmed Tuesday the company's plans to sell a minority stake in its metals-producing unit.

New low in oil prices drags BHP Billiton stock below 2009 levels

Cecilia Jamasmie | December 1, 2014
New low in oil prices drags BHP Billiton stock below 2009 levels

The stock closed in Sydney below the $30 mark, which is the lowest it has traded in the last five years.

UK passes historic transparency law for oil, gas and mining companies

Oxfam America | December 1, 2014
Effects of court ruling feat

The law provides a standard for the US to follow in finalizing its own rules requiring payment disclosure

Crude oil redux: Rare earth elements, and their strategic stranglehold on modern life

Extremetech | November 30, 2014

Oil is on its way out. Like so many age-old, repeatedly incorrect narratives, this statement is finally starting to come true.

Copper hits 4-year low in New York

Cecilia Jamasmie | November 28, 2014
Copper hits 4-year low in New York

End of strike at Peru’s biggest copper mine and weaker oil prices drove Dr. Copper goes to the ICU.

Oilprice.com

China strengthening claim to South China Sea oil and gas

Oilprice.com | November 27, 2014

Not gone and not forgotten, China is ready to solidify its claim to the South China Sea (SCS).

When it rains…Iron ore, gold miners the most vulnerable to Ebola risk

Cecilia Jamasmie | November 26, 2014
When it rains…Iron ore, gold miners the most vulnerable to Ebola risk

Report shows there are 39 assets in production within the Ebola-affected region.

Smart oil is cheap oil: Rudolf Hokanson

The Energy Report | November 26, 2014

Even a global economic growth slowdown will not seriously impact the future of the shale oil patch, Rudolf "Rudy" Hokanson tells The Energy Report.

Oilprice.com

Follow the sand to the real fracking boom

Oilprice.com | November 25, 2014

When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom.

India's Jindal Steel mothballs $10bn coal project

Cecilia Jamasmie | November 24, 2014
India's Jindal Steel mothballs $10bn coal project

The company became the first major casualty of a Supreme Court decision to scrap most coal fields allocated to private firms since 1993.

BHP warns more cost cuts, management shake up before demerger

Cecilia Jamasmie | November 24, 2014
BHP warns more cost cuts, management shake up before demerger

The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.

Quebec sets conditions for TransCanada as poll shows falling support for pipeline

Cecilia Jamasmie | November 20, 2014
Quebec sets conditions for TransCanada as poll shows falling support for pipeline

TransCanada Corp’s key projects face increasing hurdles locally and across the border.

Quebec is Canada’s worst region for oil investment; Alberta, the world’s best

Fraser Institute | November 20, 2014
Miners avoided Quebec last year, investments plunged 34%

Vancouver-based Fraser Institute’s annual Global Petroleum Survey 2014 is out.

Marin Katusa: winter is coming—how investors can win in the 'Colder War'

The Energy Report | November 20, 2014

Casey Research energy strategist Marin Katusa cautions that Russia and China have forged an alliance with the goal of world supremacy through control of the energy market and Vladimir Putin is winning.

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