Iranian President Hassan Rouhani speaks after returning from the annual United Nations General Assembly, in Tehran September 29, 2015. President Hassan Rouhani said on Wednesday a U.N. watchdog’s closure of Continue Reading
U.S. shale drillers will soon be able to sell their oil all over the world. Too bad no one needs it right now. A congressional deal to lift the 1970s-era Continue Reading
ConocoPhillips and Anadarko Petroleum Corp. are among 29 U.S. oil and gas exploration and production companies whose ratings Moody’s Investors Service is reviewing for possible downgrades, spelling new trouble for Continue Reading
Moody’s Investors Service is reviewing the credit rating of seven Canadian exploration and production companies and their rated subsidiaries, including Suncor Energy Inc. and Encana Corp., for downgrade after the Continue Reading
Bollards help secure the entrance to the Federal Reserve in Washington, December 16, 2015. Wall Street’s top banks expect the Federal Reserve to next raise U.S. interest rates in the Continue Reading
Financial Crisis 2015 – Public Domain Just within the past few days, three major high yield funds have completely imploded, and panic is spreading rapidly on Wall Street. Funds run Continue Reading
This year’s big news regarding the reporting of oil reserves in World Energy Outlook 2015 is that this annual report now discusses “resources that are technically possible to produce” and Continue Reading
Canadian oil-sands producers like Suncor Energy Inc. like to tout the long life of the world’s third-largest crude reserves as their greatest asset. That longevity may now be their biggest Continue Reading
The publicly traded company entered chapter 11 in U.S. Bankruptcy Court in Wilmington, Del., with a restructuring deal that has garnered the support of roughly 75% of debtholders. The deal Continue Reading
NOAA flies over the Arctic to measure sea ice coverage. The extent of sea ice in September 2014 was the sixth lowest since satellite observations began in 1979. (NOAA) For Continue Reading
