robin stacpoole

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Has fracking tainted your water? Scientists say EPA safety study was censored

Six years ago, Bryan Latkanich agreed to let an energy company tap natural gas beneath his property using fracking. Soon after, the well water at his …

Texas

Goldman's an Oil Bull in 2018 With 9% Total Returns Forecast

Goldman Sachs Group Inc. predicts oil prices will retain their strength, at least through 2018.<p>The bank raised its forecast for U.S. West Texas …

Oil

Occidental Petroleum: Momentum Is Rising And 4.4% Dividend Yield Still Attractive

<i>By Bob Ciura</i><p>Oil and gas producer <b>Occidental Petroleum</b> (OXY) has enjoyed a meaningful recovery from its 52-week low of $57.20. In the past three …

Oil & Gas Industry

Where Are the World's Largest Oil Reserves?

Oil Reserves, Their Categories, and the World's Largest<p>Updated December 04, 2017<p>Oil reserves are an estimate of how much oil can ultimately be …

From Cutting Costs to Building Resilience in Upstream Oil

San Francisco

Royal Dutch Shell's Deepwater Strength

The recovery in oil and gas is in full swing. While benchmark crude oil prices have gone up across the board, Brent is now $63 per barrel, the …

Oil & Gas Industry

The strange geopolitics of rising oil prices

A STRANGE paradox underpins the recent rise in the price of oil to around $60 a barrel, its highest level in two years. On the one hand, it partly …

Oil

Low-cost solution to the grid reliability problem with 100% penetration of intermittent wind, water, and solar for all purposes

The large-scale conversion to 100% wind, water, and solar (WWS) power for all purposes (electricity, transportation, heating/cooling, and industry) …

Renewable Energy

Switch to Renewables Won't End the Geopolitics of Energy

Countries that dominate the export of rare-earth minerals will be the petrostates of tomorrow.<p>In another sign that the age of fossil fuels is waning, the California State Senate has passed a bill to commit the state to use 100 percent renewable energy for power by 2045. Other states and cities -- …

Pressured for profit, oil majors bet big on shale technology

© Reuters. FILE PHOTO: An oil and gas processing plant fed by local shale wells along a highway outside Carrizo Springs<p>By Ernest Scheyder<p>HOUSTON …

This Oil Executive Thinks the Oil Market Is Way Too Optimistic (and That's Wildly Bullish for Oil Prices)

The conventional wisdom is that the U.S. shale machine will continue to march higher. However, this oil CEO thinks that there are some serious cracks …

Shale Is Confounding Everybody, But Never Mind

If anyone doubted that the U.S. shale industry has completely upended the oil market, just look at how it's complicating OPEC's next meeting.<p>As the …

The big slide in renewable energy tells the real story

No, renewables are not taking over the world anytime soon. Guest essay by Bjørn Lomborg We have spent the last two centuries getting off renewables …

UPDATE 1-Iraq offers nine oil and gas blocks for exploration near Iran, Kuwait borders | Reuters

By Ahmed Rasheed<p>BAGHDAD, Nov 26 (Reuters) - Iraq will invite foreign energy firms to bid for the exploration and development of nine new oil and gas blocks bordering Iran and Kuwait, the oil ministry said in a statement on Sunday.<p>Iraq is to hold a press conference on Monday to announce details of …

Oil

OPEC’s Clash With U.S. Oil Is Nearing Its Day of Reckoning

The clash between OPEC and America’s oil industry is reaching a day of reckoning.<p>The U.S. shale revolution is on course to be the greatest oil and …

Oil

Rising prices trigger tension.

OPEC & Russia and U.S.<p>Normalized Production<p>bbls/day<p>(Jan. 01, 2014 = 100)<p>Brent<p>Oil price<p>USD per …

OPEC Is Said to Get Few Answers on Shale Before Deciding on Cuts

© Bloomberg. Machinery used to fracture shale formations stands at a Royal Dutch Shell Plc hydraulic fracking site near Mentone, Texas, U.S., on …

Sourced | HuffPost UK

My First Thoughts On The IPO Of Saudi Aramco

Saudi Aramco (ARMCO), the national oil company of Saudi Arabia, intends to proceed with an IPO in the second half of next year. As this will be the …

Oil

Oil Benchmarks Part Ways as Keystone Woes Push WTI Higher While Brent Stalls

Benchmark oil prices headed in opposite directions Friday as supply issues pushed the U.S.'s West Texas Intermediate sharply higher, while …

Oil

How great a financial risk do carbon costs pose to upstream oil and gas companies?

Today, 38 countries are taxing or trading carbon and a further 78 plan to do so as part of their Paris Agreement commitments. Despite this, we seem …

Fossil Fuels

Permian DUC Wells Surge With Massive Implications For WTI Oil Prices, Inventories And Permian Oil Producers

<b>Permian DUC Well Count Surges to All-Time High</b><p>The most recent Energy Information Administration (EIA) Drilling Productivity Report of Permian Drilled …

Oil

Flipboard

Big Oil will lose grip on global vehicle market in less than 25 years: study

The latest study on the future of transportation paints an increasingly dim picture for the oil industry, though it suggests that the industry is in …

IHS Markit

WEO 2017

Global shifts in the energy system<p>Four large-scale shifts in the global energy system set the scene for the World Energy Outlook 2017: the rapid …

Fossil Fuels

‘They can’t make a nickel’: Drillers still struggling despite oil price rebound

CALGARY – Canadian drillers are still offering their customers deeply discounted prices even though oil prices have improved and more rigs are active …

Oil & Gas Industry

Royal Dutch Shell: A Lot To Like In Q3 Results

On Thursday, November 2, 2017, oil and gas supermajor Royal Dutch Shell (RDS.A) (RDS.B) announced its third quarter 2017 earnings results. As with …

Oil & Gas Industry

Natural Gas Prices Have Finally Started To Rise

After months of being stuck in the $2.75 to $3.10 range, natural gas prices have finally started to rise, with the December contract hitting $3.21 per MMBtu on November 10. Although November gas contract expired at $2.75 at the end of October, easily the lowest expiration since March ($2.63), …

5 Things Halliburton's Management Thinks You Ought to Know

If you want to invest in oil and gas, read what Halliburton's management team has to say first.<p>If you want to be up to date with what's going on in …

Is This A Normal Business Cycle, Or Are We Seeing Structural Changes To The Energy Business?

There are many aspects of what we are experiencing today in energy markets that can lead you to believe we are simply in another commodity cycle. In years past we have seen the low-cost producers maintain production to capture market share. We have also seen production cuts aimed at balancing …

Oil & Gas Industry