IS BIG OIL PLANNING ITS OWN FUNERAL?
Newsbud Exclusive- Oil on Gold: The Demise of the Ponzi Petrodollar via a Sustainable Multi-Commodity Eastern Alternative
Weekly US oil production is back to 9.3 million barrels per day and is nearing the 9.6 million barrel peak in mid-2015.
Russian dominance over natural gas deliveries into Europe has been weakening, thanks in large part to the new ways in which natural gas can be transported as well as new sources of supply.
With oil prices spiking nearly 10% from last Friday's sudden, capitulation "flash crash" which was perhaps driven by Pierre Andurand liquidating his entire long book, there has been a scramble by analysts to "fit" the narrative to the price action an
By: Nick Bernabe/ANTIMEDIA South Dakota -- The Dakota Access Pipeline (DAPL) has already sprung a leak in South Dakota, according to the state's Department of Environment and Natural Resources. The pipeline spilled 84 gallons of oil even though i
Earlier in the week we shared Pierre Andurand's hedge fund note blame-casting his fund's dismal drawdowns on "CTA flows eclipsing the gradual improvement in fundamentals."
Since the start of OPEC's production cuts, oil market analysts and experts have been focusing on how U.S. shale would respond to the relatively higher and stable oil prices, possibly eating up some of the cartel's global market share while the cu
Who's Genie Energy?
For the first time since mid-March, Brent Crude prices tumbled below $50 after Russia said no decision had been made yet on extending the oil output cut production deal. This came after the 11th weekly rise in US crude production and concerns from JB
If you're a resident of Huntingdon County unfortunate enough to have your property in the path of Sunoco's Mariner East 2 pipeline, you can forget protesting -- unless arrest and jail time aren't an issue for you.
Citi Charts The Biggest Risk To The Global Reflation Trade
Quite suddenly, there is remarkable oil industry news to come out of the East Mediterranean region. If the plan is executed, in the space of seven years the balance of energy security in Western Europe will be radically changed.
The Middle East has an outsize impact on energy here on Earth. One analyst thinks some regional powerhouses may leverage that role into the development of natural resources in space.
Oil is headed for its biggest weekly loss since early March as signs that OPEC will continue with output reductions are offset by growing U.S. production and inventory gluts.
Last week, U.S. banks boosted the borrowing bases for several independent energy companies, lifting spirits in the industry.
Military Marker… Seeks To Claim Oil and Gas Reserves" The global chess game never seems to end, and with Russia's latest military move the situation in the oil and gas laden Arctic region of the globe is likely to increase tensions even more.
Backed by Murdoch, Cheney, Rothschild, and others, Genie Energy has been granted drilling rights in Syria's Golan Heights region
OPEC's progress in reducing the oversupply in global oil markets relied on contributions from Nigeria and Libya in March, two countries that are exempt from the group's deal to rein in production.
At the start of March we showed a fascinating chart from Rystad Energy, demonstrating how dramatic the impact of technological efficiency on collapsing US shale production costs has been: in just the past 3 years, the wellhead breakeven price for key
Saudi Arabia's king Salman last week invited Beijing to take a more active part in Middle East politics and in response, the Chinese Foreign Ministry said it would be happy to act as mediator between Riyadh and Tehran – and this on top of prelimi
U.S. shale producers boost rig count for ninth straight week... Libya's Es Sider, Ras Lanuf oil ports poised to resume shipping
could be a new oil price war ...Saudi Arabia had forecast a collapse in output from Russia's mature fields. Instead, production has risen in the past two years to an all-time high of 11.2 million bpd, partly because a devaluation in the ruble reduced
Just as WTI was trying to record its first increase in 6 days, the latest, March, OPEC monthly report was released which revealed something surprising: while secondary sources claimed that Saudi Arabia production declined by 68kbpd to 9.797mmbpd, acc
Three years of drastic cuts to upstream spending because of the meltdown in oil prices could result in a shortage of oil supply in a few years, according to a new report from the International Energy Agency.
Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades.
The Pawnee Nation of Oklahoma has filed a lawsuit accusing multiple oil companies of triggering earthquakes that caused widespread damage.
It's the beginning of the end for the Bakken Shale play
Russia has once again taken the crown from Saudi Arabia as the world's biggest oil producer. The two countries are global leaders in crude production by a wide margin, trading the top spot from time to time.
Saudi Arabia boosted oil exports and production last year to the highest monthly averages on record as the global crude market endured oversupply.