Streetwise Oil & Gas - Exploration & Production Articles
Gulf Drilling Delays Fail to Stem U.S. Oil Flow
Source: Financial Times, Ed Crooks and Sheila McNutty (4/20/11)
"U.S. oil production set to rise in 2011, despite GOM drilling delays."
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Libyan Rebel Oil Chief: No Immediate New Oil Sales
Source: Associated Press (4/19/11)
"Libyan rebels will not sell any additional oil until production resumes from two key fields."
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Crude Oil Prices Edge Lower
Source: UPI (4/19/11)
"Oil dropped under $107/barrel as the People's Bank of China moved to tighten lending."
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Cuba Explores for Oil as U.S. Watches
Source: Miami Herald, Lesley Clark (4/18/11)
"The U.S. and Mexico have been meeting to strengthen drilling standards, but Cuba has not been part of the talks."
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Energy-Starved Future Looms
Source: Vancouver Sun, Mike De Souza (4/18/11)
"Canada's military drafts four possible scenarios about global energy supplies."
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Ag Will Have a Role in Growing Alt Energy
Source: Domestic Fuel (4/18/11)
"Ag could play a prominent role in U.S. energy production over the next 20 years."
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Sector Snap: Energy Firms Seen as M&A Targets
Source: Associated Press (4/18/11)
"Deals of $8B–$13B could transpire every quarter through year-end 2011."
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Oil Hits 32-Month High as Middle East Unrest Persists
Source: Marin Katusa, Casey Research (4/18/11)
"For the remainder of 2011, uncertainty is oil's most reliable aspect."
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Crude Oil Edges Toward $108
Source: MarketWatch, Claudia Assis (4/14/11)
"Overbought pressures have been substantially reduced. . ."
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French Report Backs Shale Gas, Oil Production
Source: The Wall Street Journal, Geraldine Amiel (4/13/11)
"French government explores options for alternative energy sources."
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Egypt PM Orders Gas Contract Price Review
Source: CNBC (4/13/11)
"Review of all deals could bring additional $3–$4 billion in income for Egypt."
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Oil Rigs Turned into Artificial Reefs?
Source: Forbes, Alex Knapp (4/13/11)
"Scientists urge that decommissioned oil rigs be transformed into artificial reefs."
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Algae Could Replace 17% of U.S. Oil Imports
Source: ClickGreen (4/13/11)
"Algae can produce 80 times more oil than corn, per hectare."
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EU Hopes for Emissions Trading Link with California
Source: Argus Media (4/13/11)
"EU aims to achieve a global price on carbon with 'linkable, compatible,' systems."
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Goldman Sachs Signals End of Oil Price Rises
Source: Guardian, Tom Bawden (4/13/11)
"IEA warns crude is now so expensive it's hitting the global economy."
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Josh Young: Transition Can Deliver Value in E&Ps
Source: George Mack of The Energy Report (4/12/11)
Portfolio Manager and Founder Josh Young of Young Capital Management (YCM) looks for value in oil and gas exploration and production (E&P) companies. In this exclusive interview with The Energy Report, Josh discusses some of his best ideas—strategies that could well deliver the significant upside and reduced risk investors might not expect from natural gas producers.
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Oil Falls on Signs of Slowing Demand
Source: MSN (4/12/11)
"Slower demand had led top exporter Saudi Arabia to cut back production and the IEA warned that strong prices could be eroding demand further."
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Why High Oil Prices Are Likely Here to Stay
Source: Frank Holmes, U.S. Global Investors (4/12/11)
"It's not just geopolitics that is threatening global oil production. . ."
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Australian Releases Offshore Areas for Oil Exploration
Source: Xinhua (4/11/11)
"The Australian federal government on Monday released the biggest area in more than a decade for offshore petroleum exploration."
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Natural Gas Becoming Safe Energy Bet
Source: New York Times (4/11/11)
"The so-called 'technical knockout' may be having its day, as its rival energy sources come under a cloud."
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Over a Barrel
Source: BBC, Peter Day (4/7/11)
"OPEC has lost its power to set the oil price and control it. That role has passed to the speculators."
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Oil Price 'Great Concern' for Economy, Says Chu
Source: Reuters (4/7/11)
"Oil prices vaulted to their highest level since September 2008, stoking concern that higher costs will crimp a 'fragile economic recovery.'"
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Arab Turmoil to 'Affect Energy Markets for Years'
Source: Associated Press (4/6/11)
"Events like the Arab revolutions, Japan's earthquake and tsunami, and other rare, so-called 'black swan' events seem to be on the rise."
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EIA Report Shows Vast Global Shale Nat' Gas Reserves
Source: Dow Jones, Angel Gonzalez (4/6/11)
"The report estimates 5,760 trillion cubic feet of recoverable gas in the shale-rock formations of 32 different countries."
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Crude Falls on Strong Dollar but Support Is Firm
Source: Dow Jones, Ga-Woon Philip Vahn (4/5/11)
"Oil takes a breather after benchmark contracts jumped to fresh two-and-a-half year highs Monday."
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