Earlier this week, Wood Group announced that they had received permission to us a well pad design for work at the Firebag in-situ site in Alberta, Canada. Suncor Energy is...
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OPEC seems to be on a mission to get some sort of production deal in place since their announcement in Algiers last month that the cartel would work to freeze...
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Saudi Arabia’s Energy Minister Khalid Al-Falih said Monday that he is optimistic about reaching a deal given the interest expressed by both OPEC and non-OPEC members (particularly Russia). In fact,...
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Each week, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we summarize the major...
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In the build up to the informal OPEC meeting in Algeria this week, markets made a substantial ado about the likelihood of an agreement to freeze production. We even published...
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One of the more interesting parts of the downturn has been what, if any, effect low oil have had on the U.S. economy. On October 01, 2014, WTI closed the day...
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While we are all getting excited about the OPEC production freeze, I thought I would put it in perspective. This week, it was initially announced (the statement was later withdrawn),...
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So, let me start this week’s column with a frank admission: I was wrong. Well, not totally. I gave the possibility of an OPEC freeze less than a 20% chance...
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Even before the preliminary OPEC freeze agreement, Bloomberg reported that the oil industry is ready to start adding some CAPEX next year. According to Blomberg, companies will increase spend by about...
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Each week, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we summarize the major...
2415 Hits