Archives for 2016
Market Currents: Production freeze hopes fizzle
After yesterday’s accord between Saudi Arabia and Russia ignited an effervescent oil rally, we have now seen these hopes fizzle out once more. As the ‘task force’ agreement references no crimping of production levels, prices...
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EOG acquires Yates, expands Permian holdings
The Houston energy exploration and production company EOG Resources said Tuesday that it would buy Yates Petroleum to expand its holdings in the Permian and Powder River basins. The deal is valued at about $2.5...
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Russia, Saudi Arabia pledge to stabilize oil output
Energy ministers Alexander Novak and Minister Khalid al-Falih met Monday on the sidelines of the G-20 summit in China. Source: FuelFix
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The $8 trillion fight over how to rid the U.S. of fossil fuel
Your browser does not support the iframe HTML tag. Try viewing this in a modern browser like Chrome, Safari, Firefox or Internet Explorer 9 or later. For every economist, there exists an equal and opposite...
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Pemex terms, Perdido’s risks may be keeping majors on sidelines
Pemex expected oil majors to line up for a historic chance to help it tap the giant Perdido reserves in ultra-deep waters of the Gulf of Mexico. So far sign-ups for an auction have only...
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