Goldman Is Gloomy on Prospect of Major CapEx Rebound Post-Brexit Expects muted improvement after weak first half of 2016 Brexit aftershock, low potential growth a drag on investment Capital spending Continue Reading
TransCanada Corp is formally requesting arbitration over U.S. President Barack Obama’s rejection of the Keystone XL pipeline, seeking $15 billion in damages, the company said in legal papers dated Friday. Continue Reading
The UK’s Brexit vote is expected to have a bearish effect on the global LNG market due to the weakening of European currencies, several trading sources said Friday. News of Continue Reading
The implications of the global water footprint of energy generation are phenomenal, writes Gary Bilotta of the University of Brighton. He warns that i f policy makers fail to take Continue Reading
Guys, today I wanted to write about kittens and string. No wait, I wanted to write about global warming and peak oil. Sorry, this is what Twitter has done to Continue Reading
Oil Rig And as the world comes to terms with the news that the U.K. has voted to leave the E.U., the oil market is getting a wop bop a Continue Reading
Crude-oil prices plummeted in Asian trade Friday as U.K. voters upended market expectations by choosing to exit the European Union, leaving a trail of unknowns of what could happen to Continue Reading
Crude oil prices have so far shown only a modest impact from Britain’s vote to leave the European Union on Thursday. Brent crude futures for the nearest contact to delivery Continue Reading
Hedge funds betting on summer gasoline demand raised their bullish bets on U.S. crude futures this week, just before the market’s crash on Friday on Britain’s shock decision to leave Continue Reading
Seismic surveys now show that Lebanon’s portion of the prolific Levant Basin is showing promising oil and gas reserves, as the country lags far behind Israel in tapping into this Continue Reading
