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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 82

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 98

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 80

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 87

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 97

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 97

BloombergThe World's Biggest Oil Kingdom Reverses CourseBloombergNext year will be a test of strength for Saudi Arabia, the world's largest oil exporter, as it tries to regain control of the market and lift prices. After two years of pumping at ful
Admin 20.10.2016 0 77

International Business TimesOil Prices: Analysts See Crude Below $20 A Barrel This Year As Inventories SwellInternational Business TimesWith U.S. oil prices tumbling below $27 a barrel Thursday, speculation is swarming that prices could plunge into the tee
Admin 12.02.2016 0 80

BloombergOil Is the Cheap Date From HellBloombergFalling oil prices were blamed: A meeting between Saudis and Venezuelans aimed at curbing production had ended inconclusively. West Texas Intermediate fell again below $28 a barrel—more than 70 percent off i
Admin 11.02.2016 0 76