Forecast
News
August 25, 2015
Crude at $40/bbl is unsustainable and prices will have to rise as supply drops out of the market, according to Norway’s Oil Minister.
News
August 21, 2015
The oil price was near its lowest in more than a decade, cash reserves were being depleted, emerging markets were in turmoil and Saudi Arabia was beginning to panic.
News
August 20, 2015
Mexico’s government hedged oil exports for next year at an average $49 a barrel, locking in protection against low crude prices, the nation’s Finance Ministry said.
News
August 17, 2015
Russia is the standout these days among the biggest emerging markets, but for all the wrong reasons.
News
August 13, 2015
Alaska's best path towards boosting short and long-term economic growth is to set forth a coherent set of policies that center around the exploration and development of the state's abundant natural gas resources, according to a new paper by the American Council for Capital Formation (ACCF).
News
August 10, 2015
Natural gas futures advanced as forecasts for unusually hot weather signaled increased demand for the power-plant fuel, limiting supply gains.
News
August 10, 2015
Oil advanced from the lowest closing level in six months in London, as China imported recorded volumes of crude and some OPEC members discussed the possibility of an emergency meeting.
News
August 05, 2015
YPF SA, Argentina’s state-run oil producer, posted second-quarter earnings that exceeded expectations as it increased output and sold crude at a premium to international prices.
News
August 04, 2015
Tumbling crude prices have damped prospects that the Mexican oil-drilling laws adopted last year will spur an investment boom. Instead it’s the surge in gas-pipeline construction that’s attracting foreign capital, expanding the market for U.S. gas producers and meeting growing demand from Mexican manufacturers and power plants.
News
August 03, 2015
The world’s biggest oil companies are painting a grim picture of the future and speculators are listening.
News
July 31, 2015
TransCanada Corp. is slowing work on two pipelines in Alberta because of reduced demand tied to lower crude prices and setbacks to its major oil export projects.
News
July 31, 2015
The World Bank approved $700 million in investment guarantees for an offshore gas project in Ghana that will help the country address electricity shortages.
News
July 31, 2015
TransCanada Corp., which divides its business between pipelines and power plants, reported higher second-quarter profit as the company transported more fuel and produced more electricity from a nuclear plant in Ontario.
News
July 31, 2015
Exxon Mobil Corp. and Chevron Corp., the biggest U.S. energy producers, hunkered down for a prolonged stretch of weak prices after posting their worst quarterly performances in several years.
News
July 31, 2015
Chevron Corp. posted its lowest profit in more than 12 years after an energy market rout prompted the company to write down the value of oil and gas fields by almost $2 billion.
News
July 30, 2015
U.S. Sen. Lisa Murkowski, R-Alaska has furthered her efforts to end the current ban on U.S. crude oil exports by releasing a report on the potential benefits to the Great Lakes region if the United States allowed domestic crude oil exports.
News
July 22, 2015
A glut of cheap natural gas trapped in the U.S. Northeast will be heading south by the end of the year, radically changing the price differences between the regions.
News
July 22, 2015
Less than 12 hours after Consol Energy Inc. indicated it would report a second-quarter loss, its biggest shareholder called on the company to spin off or sell its natural gas operations.
News
July 20, 2015
An all-star panel of upstream-related speakers managed to agree on Monday morning, that the Iranian deal with the U.S. and other Western countries may pose an oversupply problem for oil markets in the long term, and it will create problems in the very short term, as well.
News
July 20, 2015
Canadian natural gas producers are losing more ground to U.S. competitors as an acute shortage of pipeline space is forcing them to curb growth.
News
July 17, 2015
Schlumberger Ltd. is beginning to reap some benefits from more than 20,000 job cuts announced this year to weather the oil-price crash.
