Oil

No recession for Alberta, just ‘zero growth’ as oil price nosedives

Cecilia Jamasmie | January 26, 2015
No recession for Alberta, just ‘zero growth’ as oil price nosedives

According to TD's latest report, real GDP growth in Alberta will inch forward by only 0.5% this year before speeding up to 1.8% in 2016.

Oilprice.com

Increasing demand for refined products will increase oil prices

Oilprice.com | January 29, 2015

My opinion is that all of the analysts who are now blaming the sharp drop in oil prices on a “glut” of supply could change their tune quickly as consumers adjust to lower fuel costs.

Jason Mayer: the budgets of oil producers today are still a little delusional

Sprott's Thoughts | January 27, 2015

The price of oil appears to be settling into a new price range, leaving oil sector profits at significant risk.

UBC votes on removing fossil fuel investments from endowment

Business in Vancouver | January 27, 2015

Divestment intended to put political pressure on the Canadian government to adopt a national carbon pricing system, says campaigner.

SNL Energy: oil shock extends its reach to BDCS, Fintech

SNL Energy | January 26, 2015

Consumer-facing financial technology companies may benefit from lower prices at the pump, while certain business development companies have come under pressure as the energy sector suffers.

Colombian gold CEO involved in $970m laundering case arrested

Cecilia Jamasmie | January 22, 2015
Colombian gold CEO involved in $970m laundering case arrested

Prosecutors claim the gold company and its top executives are at the centre of a money-laundering scheme involving cocaine traffickers.

Global mining sector ended 2014 on a disappointing note: report

Cecilia Jamasmie | January 21, 2015
Global mining sector ended 2014 on a disappointing note: report

December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.

Oilprice.com

Oil price collapse hurting some more than others

Oilprice.com | January 21, 2015

U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending.

Rise and fall: power and gas prices plummet from 5-year highs during frigid start to 2014, as coal prices continue decline

SNL Energy | January 21, 2015

As the polar vortex froze much of the U.S. at the beginning 2014, the period of intense cold created demand, supply and transportations factors that led to the highest prices for power and spot gas seen over the past five years.

China’s alleged intentions to mine Antarctica spark global debate

Cecilia Jamasmie | January 21, 2015
China’s alleged intentions to mine Antarctica spark global debate

New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.

Oil-price Temporarily Slows Diffusion of Solar-Diesel-Hybrid Systems in the Mining Industry

Expert interviews have confirmed that influence of oil-prices is only short-term and that for the vast majority there is still an excellent business case for PV at off-grid mines

Glencore likely to slash spending on coal, oil — HSBC

Cecilia Jamasmie | January 20, 2015
Glencore likely to slash spending on coal, oil — HSBC

The global miner and commodities has estimated spending on oil projects for this year and next of $2 billion and $1 billion on coal expansions.

Visual Capitalist

INFOGRAPHIC: The biggest oil companies in the world

Visual Capitalist | January 20, 2015

When North Americans think of oil and gas companies, they often think of the big private sector companies such as Exxon Mobil or ConocoPhillips. However, it is always interesting to look at the sheer size and scope of some of the major government owned (or partnered) oil and gas firms to really see the extent of the industry.

Oilprice.com

Back to basics: why conventional drilling makes sense in 2015

Oilprice.com | January 15, 2015

This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue their slump and the unconventional becomes increasingly uneconomical.

Jason Wangler throws a lifeline to oil and gas investors

The Energy Report | January 15, 2015

The crash in oil prices and the continued depression in gas prices have exploration and production companies and their services providers hunkered down, cutting capital expenditures and trying to bring spending into line with income, says Wunderlich Securities Analyst Jason Wangler.

Oil price debacle likely to drive Alberta into recession: report

Cecilia Jamasmie | January 13, 2015
Oil price debacle likely to drive Alberta into recession: report

According to the Conference Board of Canada, the province faces more than just a slowdown.

Eric Coffin of HRA Advisories

Olive Oil: The Year Ahead – Part I

Eric Coffin of HRA Advisories | January 12, 2015

It’s all rainbows and ponies on Wall St right now which should make any sensible person a bit nervous.

Revolutionary oil prospector Richard Masterson shares fracking investment opportunities Gov. Cuomo can't touch

The Energy Report | January 9, 2015

In this interview with The Energy Report, Masterson describes the significance of innovative science and new methods of prospecting to locate and liberate large amounts of energy, regardless of NIMBY politics like those playing out in New York State.

The deflationary myth

Gold Scents | January 8, 2015

With commodities now moving down into their three year cycle low I’m hearing more and more talk about deflation. This is complete nonsense.

Visual Capitalist

The look and feel of Canadian venture market bottoms (1981-2014)

Visual Capitalist | January 8, 2015
market shutterstock 333

The bear market for commodities has brought the TSX Venture index to reach new lows in December 2014.

Somalia ousts Chinese firm over alleged illegal mining

Cecilia Jamasmie | January 7, 2015
Somalia ousts Chinese firm over alleged illegal mining

The firm is also said to have of caused civil turmoil and tensions in the region after introducing armed militia to protect its illegal operation.

Oilprice.com

Top five factors affecting oil prices in 2015

Oilprice.com | January 7, 2015

As we ring in the New Year, let's take stock of where we are at with the oil markets.

What does oil getting crushed have to do with gold?

Ryan Fletcher | January 7, 2015

In case you were under a rock, oil just got crushed.

Oil analyst: ‘Lehman Brothers’ of oil could be major oil producers, not US frackers

Sprott's Thoughts | January 6, 2015
shale_oil_field

A nearly 50% pullback in the price of oil has done serious damage to revenue of oil producers.

Oilprice.com

Energy crisis as early as 2016

Oilprice.com | January 6, 2015
Oil Sands

Low oil prices today may be setting the world up for an oil shortage as early as 2016.

Caterpillar stock nosedives on JPMorgan downgrade

Cecilia Jamasmie | January 5, 2015
Caterpillar stock nosedives on JPMorgan downgrade

The analysts argued that as much as 15% of the machinery maker’s revenues are dependent on the oil and gas industry

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