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The EIA outlined the United States’ energy trade with Canada in a note today, profiling the U.S.’s primary energy trade relationship. According to the Census…
Looking to spur business activity in Scotland for decom projects Scotland’s First Minister has launched a new £5 million fund that will provide opportunities for…
Iraq may owe international oil companies compensation for lost production Less than a week into the new year, many oil market experts are beginning to…
Prior administration’s forecast held oil production flat through 2019, with price above $50 Members of the House Appropriations Committee are looking at adopting a revenue…
With Physical Hedging on Rise, Production Response May Weaken With OPEC and non-OPEC production cuts on the horizon (although not guaranteed), institutions exposed to oil…
Larger quotas expected later in 2017 China will cut its export quotas to the country’s oil majors by 40 percent in the first round of…
Gas, Nuclear, and Renewables Will Grow the Most, in that Order The global energy mix will not look that much different for oil and gas…
As Europe and America consume less coal, China gains greater influence over coal industry In its medium-term coal market report for 2016, IEA reports that…
Quick Take: 2017 Oilfield Service and Drilling Outlook from Bloomberg Intelligence Bloomberg Intelligence (BI) analysts Andrew Cosgrove and William Foiles presented a briefing on Wednesday…
96 percent of new vehicle sales in 2016 featured combustion engines The implementation of electric vehicles and ride-sharing may have long-term effects on oil demand,…
Russia and Japan ink 23 energy-related agreements including offshore and LNG Russia and Japan deepened ties between the neighboring countries over the weekend as Russian…
Proved oil and gas reserves down 11.8 percent and 16.6 percent, respectively, from year-end 2014 EIA has downgraded its estimates of proved oil and gas…
OPEC deal to cut 1.2 MMBOPD could return market to balance in the first half of 2017 Crude oil prices surged Wednesday following news from…
Global markets, producers hope for production limit agreement The markets are waiting to see whether or not OPEC will be able to finalize a production…
Canada is expecting a 31 percent increase in the number of wells drilled in 2017: CAODC Two years after the collapse in oil prices forced…
Lower demand for coal will make natural gas an increasingly important fuel The International Energy Agency (IEA) released its annual World Energy Outlook Wednesday, saying…
OPEC Production Cut of 1 MMBOPD Would Raise Oil Prices About $3; Equal Demand Growth Would Add another $4 As OPEC’s November 30 meeting in…
The EIA reported the number of uncompleted wells rose for the first time since July The Energy Information Administration (EIA) released its monthly Drilling Productivity…
Uncertainty over oil prices is hurting Chinese oil production Daily oil production in China – the world’s second-largest crude consumer after the United States –…
“Things are moving, and it is hard, but we are on the right track” – PEMEX CEO Jose Antonio Gonzalez Anaya During a conference call…