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Month: August 2016

Category:
  • Shale Oil

Colorado Drillers Dodge $10 Billion-a-Year Threat to Output

Citizen proposals didn’t get enough signatures, state says Synergy Resources jumped most in more than seven months Oil and natural gas explorers from Anadarko Petroleum Corp. to Synergy Resources Corp. Continue Reading

Posted On : 30 Aug 2016 Published By : Tom Whipple
Category:
  • Shale Oil

BLOG: Focus on Greater Efficiency Can Address Fracking Concerns

Addressing operational inefficiencies can not only save the oil and gas industry money, but reduce the environmental impact of fracking on air quality. Operational inefficiencies have been a major topic Continue Reading

Posted On : 30 Aug 2016 Published By : Tom Whipple
Category:
  • Peak Oil

What Hubbert And Pickens Got Right About Oil, And What’s Next

When a barrel of crude oil hit $145 in July of 2008, no one predicted that 8 years later it would be trading at less than $50. T. Boone Pickens Continue Reading

Posted On : 30 Aug 2016 Published By : Tom Whipple
Category:
  • Shale Gas
  • USA

Fracking Really Isn’t So Bad

When Governor Andrew Cuomo announced last year that hydraulic fracturing would be banned in the State of New York, he cited the lack of scientific data on public health effects. Continue Reading

Posted On : 30 Aug 2016 Published By : Tom Whipple
Category:
  • Russia

Gazprom Profit Falls Less Than Expected as Ruble Strengthens

Net income falls 17% to 244.9 billion rubles, beating estimate Producer books 152 billion-ruble currency-related gain Gazprom PJSC’s profit shank less than expected in the second quarter as a strengthening Continue Reading

Posted On : 30 Aug 2016 Published By : Tom Whipple
Category:
  • Norway

NCS Investment Shrinks on Project Delays, Cancellations

Operators seeking to cut costs defer or cancel $50 billion in oil and gas project investment on the Norwegian Continental Shelf, Wood Mackenzie finds. Wood Mackenzie estimated a $50 billion Continue Reading

Posted On : 30 Aug 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Fall on Fed Rate Rise Jitters

Oil prices were down Monday as worries over the U.S. raising interest rates as early as next month rippled through an already jittery market. The October contract of global benchmark Continue Reading

Posted On : 29 Aug 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Resumes Drop Near $47 Amid Market-Stabilization Deal Doubts

Oil declined amid doubts producers will agree on a deal to stabilize the market when suppliers meet next month for informal talks. Futures decreased as much as 1.8 percent in Continue Reading

Posted On : 29 Aug 2016 Published By : Tom Whipple
Category:
  • Prices

Oil prices fall on rising Iraq output, doubt over producer talk prospects

Oil prices fell early on Monday as output from Iraq rose and as Iran said it would only cooperate in upcoming producer talks to freeze output if fellow exporters recognized Continue Reading

Posted On : 29 Aug 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Pessimists Exit as OPEC Cap Talk Spurs Bets Glut Easing

Speculators cut wagers on lower WTI crude prices by 41%: CFTC OPEC, other producers to meet in Algiers on Sept. 26-28 Oil investors are turning the car around. For a Continue Reading

Posted On : 29 Aug 2016 Published By : Tom Whipple

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