Demand for Canadian commodities looks set to rise, economics will ensure that Canadian oil will find its way to more markets, with or without Washington’s approval of Keystone XL.
Are Canadian Energy Stocks Set for a Rebound? Read More »
Ever since it was alleged that Obama was born in Kenya, the African country appears to be in the news more and more. Recently, there was a terrorist attack at a shopping mall and even more recently allegations that the Kenya Defense Force (KDF) that was fighting the terrorists took the opportunity to loot the Mall while
Trends: Kenya Oil Read More »
On his way back from the Yalta conference in February 1945 where US President Franklin D. Roosevelt met with Great Britain’s Winston Churchill and the Soviet Union’s Stalin, the American president made an unscheduled stop in Egypt where he met with Saudi Arabia’s King Abdel Aziz ibn Saud aboard the USS Quincy, in the Suez Canal’s Great Bitter Lake. The basis of the meeting was to ensure that Americans would have an uninterrupted supply of oil.
Mideast Oil Loses Some of its Power Read More »
Just a few years ago the chatter was that “Peak Oil” was here and all the oil that could be found had already been found. But all that has changed, now new oil and gas  discoveries are being made at a frantic pace. This is not new.  The cycle goes on. When prices of oil or gas
Key Oil and Gas Discoveries of 2013 Read More »
James Stafford of Oilprice.com discusses the following topics with Michael Klare: Why we are talking about a resurgence” of American power Why the issue of US natural gas exports is a geopolitical dilemma Why Myanmar is important but not critical to the US Asia-Pacific “pivot” Why Myanmar IS critical to China Why India and Japan are key to the US’ evolving
Extreme Energy, Extreme Implications Read More »
India’s relentless search for hydrocarbons to fuel its booming economy has managed the rather neat diplomatic trick of annoying Washington, delighting Tehran and intriguing Baghdad, all the while leaving the Indian Treasury fretting about how to pay for its oil imports, given tightening sanctions on fiscal dealings with Iran.
On 7 June the US State Department reluctantly announced that it was renewing India’s six-month waivers for implementing sanctions against Iran, along with seven other countries eligible for waivers from the sanctions owing to good faith efforts to substantially reduce their Iranian oil imports. In New Delhi’s case, it is the U.S. and EU-led sanctions rather than any willingness on India’s part that has seen a fall in its Iranian oil imports. India is the second-largest buyer of Iranian oil, a nation with whom it has traditionally had close ties. U.S. Secretary of State John Kerry said that India, China, Malaysia, South Korea, Singapore, South Africa, Sri Lanka, Turkey, and Taiwan had all qualified for an exception to sanctions under America’s Iran Sanctions Act, based on additional significant reductions in the volume of their crude oil purchases from Iran.
India’s Energy Ties with Iran Unsettle Washington Read More »
For a new shale discovery – however large it maybe – it would take years just to prove up its commercial viability, another few years to get the infrastructure running, and even more years before it produces enough to matter. This means there are tremendous opportunities to profit – for those who are in the know – while we wait for the rest of the world to catch up.
Bits and Pieces from Casey Research Read More »
Major oil companies like Shell have have been jumping at the chance to acquire ground in this former French protectorate that had been neglected for decades. For the first time, major spending has been committed to test Tunisian basins which could be just as prolific as those in neighboring oil rich environments such as Libya. Tunisia is
Oil in Tunisia?- Should Tunisia be on Energy Investors Watch List? Read More »
It is estimated that Afghanistan contains reserves of natural resources, such as oil, gold, iron ore, copper, lithium, etc., which could be worth trillions of dollars, and offers hope for the future to many of the country’s poor villages which are situated near the resource deposits. The problem is that officials and industry experts are
Afghanistan’s Natural Resources Could Spark Civil War Read More »
Will John Fredriksen’s $11 Billion Gamble Pay Off? John Fredriksen, the shipping magnate worth $13.2 billion is one of the most powerful, respected, and even feared men in the global oil and gas market. He controls the world’s largest fleet of supertankers, the most valuable deep-water drilling company, and an armada of about 128 other
Oil Market Bottoming? Read More »
