Shale

Oil Higher on Lower Inventory Expectations Despite Less Supply Disruption Risks

Oil prices steadied on Tuesday as a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from shale oil countered tensions in the Middle East. ncertainty about China’s economic prospects also pressured prices after data on Monday showed that growth in the ...

Oil pipelines not Royal Navy warships will solve Hormuz Iran threat

Deploying more of the Royal Navy to protect oil tankers from Iranian attack as they sail through the Strait of Hormuz is a short-term fix to a historic problem of providing energy security in the Persian Gulf. Instead of Britain adding to the crowded fleet of warships converging on the region, new ...

Oil rises on Iran’s new nuclear threats

Oil prices firmed on Monday on tensions over Iran’s nuclear program but gains were capped by concerns about global economic growth and consequently oil demand. Brent crude futures rose 29 cents, 0.5%, to $64.52 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose 40 cents, or 0.7%, to ...

The Evolving Energy Business Model: A Transformational Change from “Drill-Baby-Drill” to “Show

Over the past decade, exploration and production companies (“producers”) have been in a land grab battle as shale oil resources (“shale oil plays”) have emerged across the United States. ...

PetroShale Announces Operational, Production and Financial Update

CALGARY, July 3, 2019 /CNW/ – PetroShale Inc. (“PetroShale” or the “Company”) (TSXV: PSH, OTCQX: PSHIF) is pleased to announce an operational update and an increase in the borrowing base under our senior credit facility (the “Facility”). PetroShale recently completed three (2.9 net) n ...

Piling Into North American Infrastructure

Arleen Jacobius of Pensions & Investments reports on how institutions are piling into infrastructure across North America:Relatively new as an institutional asset class in the U.S., infrastructure is one of the fastest growing real asset classes in North America, albeit from a small base, industry ...

Global oil reserves data is muddled, but does it really matter? Fuel for Thought

Proved oil reserves, historically a proxy for geopolitical clout and energy security, may be losing their currency in a world set on ushering in the end of the fossil fuel era. The growing acceptance of the climate threat from carbon-rich energy is focusing minds on producing cleaner fuels rather t ...

Oil extends last week’s sharp retreat as demand worries sour sentiment

Crude oil futures prices fell Monday, with investors digesting worrisome demand updates issued last week and keeping tabs on typically price-supportive risks percolating in the Middle East. Among the latest headlines, Iran will break the uranium stockpile limit set by Tehran’s nuclear deal with w ...

Energy and commodity highlights: Tanker attacks, biofuels and oil, spiraling naphtha prices

Global oil markets were jolted late in the week by reports of attacks on two oil tankers near the Strait of Hormuz on June 13. Brent crude futures climbed almost 4% immediately after the attacks. ICE Brent eventually settled $1.34 higher at $61.31/b, and was trading higher the morning of June 14. ...

Argentina’s untapped shale spurs search for next oil and gas giant: Fuel for Thought

On the vast, desolate plains of southern Patagonia, Compañía General de Negocios is stepping up drilling and exploration where few companies operate, an emerging trend of widening the search for oil and natural gas in Argentina. “The resource is very large,” Hugo Eurnekian, president of the A ...