Forecast
Article
January 2016
Looking back at 2015: What happened, what didn’t, and hope for the future
Article
January 2016
Making the case for a Saudi oil production cut
News
January 08, 2016
Iran’s diplomatic rift with regional rival Saudi Arabia will stiffen the challenge it faces in attracting foreign investment once sanctions on its economy are lifted.
News
January 08, 2016
While more than 180,000 onshore wells are producing oil in Texas, only 8,250 have been drilled by Petroleos Mexicanos across the border in Mexico. Welcome to the land of opportunity.
News
December 29, 2015
Petroleos Mexicanos’s plans last year included JVs and higher oil production. For 2016, that’s turned into job cuts and asset sales as it tries to weather the worst downturn in a generation.
News
December 29, 2015
Chesapeake Energy Corp. is having its worst year since 1998 after halting dividend payouts, slashing drilling budgets and cutting one of every six employees failed to rescue the energy explorer from the deepest gas-market rout in 16 years.
News
December 24, 2015
Black Ridge Oil & Gas, Inc. today provided an update on the Company to address the recent deterioration in oil prices.
News
December 24, 2015
Oil in New York headed for the largest weekly gain in more than two months as U.S. inventories declined, and the number of drilling rigs fell.
News
December 18, 2015
In the world’s biggest oil market, buyers have better options than U.S. crude.
News
December 16, 2015
An end to the U.S.’s 40-year ban on oil exports is probably not what OPEC needs right now. Yet a resurgent Iran may present a greater threat as it prepares to dump a million bbl on the market next year.
News
December 15, 2015
The collapse of oil prices has claimed its first bankruptcy victim in Norway’s offshore industry, and analysts warn more may follow.
News
December 14, 2015
House Democrats are now open to lifting the 40-year-ban on U.S. crude-oil exports, negotiating with Republicans in hopes of extracting trade-offs in exchange for a top Republican priority, a Democratic leadership aide said Monday.
News
December 11, 2015
In September 2015, monthly U.S. crude oil imports from Mexico totaled 0.6 MMbpd, the lowest level since 1990, and a decrease of about 50% since January 2011.
Article
December 2015
Not since 1986 has the global upstream industry seen such a 12-month period of oil price erosion, punctuated by rapid-fire reductions in operator, vendor and contractor activity.
News
December 10, 2015
Some of the biggest oil explorers in the Western Hemisphere are cutting budgets yet again to conserve cash as a plunge in energy markets shows no signs of abating.
News
December 10, 2015
Five incidents of pipeline theft a day, a rate that’s almost doubled in the last two years, isn’t fazing potential bidders seeking to produce oil from onshore fields in five Mexican states.
News
December 09, 2015
CME Group, the world’s leading and most diverse derivatives marketplace, today announced it reached a trading volume record for combined NYMEX WTI futures and options yesterday, December 8, of 1,841,295 contracts compared to the previous record of 1,772,232 contracts on August 31, 2015.
News
December 09, 2015
The Canary Islands is working to further position itself as the most competitive alternative to operate in West Africa, especially in a context of crisis due to low oil prices.
News
December 08, 2015
Kinder Morgan Inc., the biggest North American oil pipeline operator, cut its 2016 dividend by 74% as the free-fall in crude markets reduced cash flow needed to cover payments on $41 billion of debt.
News
December 08, 2015
For Canada’s oil industry, the bad news won’t stop.
News
December 08, 2015
Just when it seemed things couldn’t get worse for debt-laden energy companies, a renewed rout in oil prices is deepening their distress.
