Streetwise Oil & Gas - Exploration & Production Articles
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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Support for Gas Industry Gaining Momentum
Source: Gas Investing News, Robert Sullivan (4/4/11)
"Legislation set to be tabled in Congress on April 6 should provide a boost to the gas industry if it passes the House and Senate."
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Canada Warns EU of Oil Sands Trade Conflict
Source: Reuters, Pete Harrison (4/4/11)
"The EU wants suppliers to cut carbon footprint of fuels 6% over 10 years."
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Kuwait to Overhaul Oil Industry
Source: The National, Tamsin Carlisle (4/4/11)
"Nation's plans to boost oil production capacity are in disarray at a time when the OPEC exporter should be reaping huge benefits."
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Alaska Pushes to Expedite Offshore Drilling
Source: The Wall Street Journal, Cassandra Sweet (4/4/11)
"Gov. Sean Parnell wrote that 'Alaska is the United States' most important and abundant domestic source of future oil and gas.'"
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Oil Prices Jump Above $106
Source: CNN Money, Ben Rooney (3/31/11)
"USD weakness, turmoil in the Middle East continued to stoke supply concerns. The different approaches to monetary policy could set the stage for a period of prolonged dollar weakness, traders said"
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Obama's Plan: Reduce U.S. Oil Imports by One-Third
Source: Los Angeles Times, Neela Banerjee (3/31/11)
"Obama pledges to accelerate domestic oil and gas production on millions of acres. The president asserted that all forms of power generation must remain under consideration, including nuclear power."
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High Oil Prices Good for Texas Budget
Source: Associated Press, April Castro (3/30/11)
"State's Rainy Day Fund set to get bigger. A lot bigger."
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Neal Dingmann: Genuine Growth Still Lives in E&Ps
Source: George Mack of The Energy Report (3/29/11)
Investors can still find options with the right mix in the natural gas markets, according to Analyst Neal Dingmann of SunTrust Robinson Humphrey. Read why he recommends small and large—even international—companies in this exclusive interview with The Energy Report.
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Gulf Oil Spill: BP Execs in Hot Seat
Source: Guardian, Dominic Rushe (3/29/11)
"U.S. authorities consider charging BP managers with manslaughter."
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Chemists Turn Used Motor Oil into Gas
Source: Scientific American, Steve Mirsky (3/29/11)
". . .Beats tossing the oil down the drain."
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Pirates Hijack Oil Tanker off East Africa
Source: Digital Journal (3/29/11)
"Oil tankers are gold to Somali pirates seeking ransom."
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Libyan Rebels Plan to Resume Oil Production
Source: New York Times, Clifford Krauss (3/28/11)
"Rebels have seized several towns with important oil installations."
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John Pugsley: Japan Crisis Is Not the End of Nuclear Power
Source: Zig Lambo of The Energy Report (3/24/11)
John Pugsley has been publishing The Stealth Investor newsletter for the past five years, producing a recommendation record that is enviable by any standard. In this exclusive interview with The Energy Report, John reveals his current thinking on energy-related investments in light of the global economic situation and the effects of the catastrophe in Japan.
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