Could The Tide Be Turning Against North American Natural Gas?

by Dave Forest of Oilprce.com  A lot of hope has been pinned on liquefied natural gas (LNG) exports as an outlet for surging North American gas supply. But a couple of events the past week show that getting LNG exports off the ground may be more difficult than most observers have predicted. The biggest potential setback […]

The Middle East Could Face A Historic Crisis By Century’s End

By Colin Chilcoat of Oilprice.com Regarding the Middle East and its oil, the late Sheikh Rashid Bin Saed Al Maktoum, longtime Emir of Dubai and Prime Minister of the United Arab Emirates, once famously remarked: “My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his […]

Future Of Iraq’s Oil Industry Under Threat

By Nick Cunningham of Oilprice.com Iraq is one of the major reasons why OPEC has been able to increase oil production over the past year, even as oil prices have dropped to six-year lows. The war-torn country averaged 3.2 million barrels per day (mb/d) of production in 2014. But despite the onslaught from ISIS and the […]

Petrobras May Get Political Respite Finally

By Martin Tiller: Over the last few years, stock in the Brazilian state-controlled oil company Petroleo Brasileiro S.A., or Petrobras (PBR), has confounded those who track traditional measures of valuation. The stock has remained stubbornly low in terms of price-to-earnings-ratio (P/E), and even after rallying over the last few days, remains at less than seven […]

Iran Stiffens Resolve to Elude Sanctions in Face of Latest U.S. Penalties

By Andy Tully: Iran’s oil minister says recent U.S. penalties against several companies in Iran and elsewhere will only encourage Tehran to evade the sanctions regime imposed to hinder its nuclear energy program. “The sanctions are cruel and illegal, and we will keep fulfilling our duty with regards to circumventing the sanctions,” Bijan Zanganeh said […]

Water Scarcity Hindering China’s Shale Gas Production

By Nick Cunningham: China holds the largest reserves of shale gas in the world, but much of it may never get developed because of one major obstacle: water scarcity. A new report from the World Resources Institute (WRI) says China suffers from high water stress, which may prevent it from ever fully developing its vast shale gas resources. China […]

Obama’s Oil Boom: Global Warming Be Damned

By Michael Klare: Considering all the talk about global warming, peak oil, carbon divestment, and renewable energy, you’d think that oil consumption in the United States would be on a downward path.  By now, we should certainly be witnessing real progress toward a post-petroleum economy.  As it happens, the opposite is occurring.  U.S. oil consumption […]

3 Things a Deal With Iran Would Likely Include

By Jofi Joseph: In mid-July, negotiators from the so-called P5+1 (the United States, United Kingdom, France, Germany, Russia, China and the European Union) reached a mutual agreement with Iran to extend an interim six-month agreement for another four months. The agreement extends concrete constraints on Iran’s nuclear program — in particular, a halt to Iran’s […]

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