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Financial TimesBig Oil bets on a dash for gasFinancial TimesThe $14bn Prelude project, led by Royal Dutch Shell, is the latest in a surge of new LNG capacity which promises to reshape the oil and gas industry — and with it, the energy markets they serve. C
Admin 08.09.2017 0 65

Oil trades near 4-week high as refining returns after HarveyChron.comOil traded just below a four-week high as U.S. refiners returned from shutdowns caused by Hurricane Harvey, boosting demand for crude. Futures slid 0.9 percent in New York after increasin
Admin 07.09.2017 0 77

BloombergColombia Needs Oil. Colombians Say NoBloombergIn July they defied the government and foreign investors and voted to leave it there. Local referendums, known as “popular consultations” in Colombia, are increasingly being used to block oil and minin
Admin 07.09.2017 0 75

Financial TimesOil groups reach payment deal with Kurdistan regional governmentFinancial TimesGenel Energy and DNO of Norway, two of the big foreign oil producers in the semi-autonomous Kurdistan region of Iraq, have reached what they have described as “la
Admin 24.08.2017 0 64

Can Oil Sands Pay Off at Just $50 a Barrel?BloombergThe future is arriving—a few tons at a time—at Suncor Energy Inc.'s North Steepbank oil sands mine in Alberta, Canada. Human-operated excavators scrape away the top layers of soil to get to the hydroc
Admin 24.08.2017 0 75

Oil's Chaos TheoryBloombergAnd given the relatively narrow range of oil prices between euphoria and despair in shale -- roughly $40 to $60 a barrel -- rigs could get taken offline later this year and thereby tee up a rally that pushes them back to work
Admin 26.07.2017 0 64

Seeking AlphaThe Smart Oil During PermaniaSeeking AlphaIn parallel, there are smart oil in the oil patch (USO). They may not be so much ahead of their contemporaries as George Mitchell was in starting an unconventional oil and gas revolution, but they are
Admin 12.07.2017 0 70

Chron.comSmall Permian producers feel pinch of $45 oilChron.comPECOS, TEXAS -- For some small oil companies in West Texas, low crude prices are beginning to sting. Green Century Resources, a private oil company in Midland, is weighing an investment in a dr
Admin 11.07.2017 0 65

BloombergRemember Peak Oil? Demand May Top Out Before Supply DoesBloomberg“In the most aggressive scenario, you can see oil already peaking in late 2020s or early 2030s.” In the time scale of the oil industry, where multibillion-dollar projects often take
Admin 11.07.2017 0 62