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News & Updates

June 1, 2015 The U.S. oil fracker's dilemma: crouch or pounce?

Source: Reuters

U.S. shale oil producers, having weathered the worst price plunge in their industry's brief history, now face a dilemma: whether to stay in a defensive crouch after slashing their rig fleets, or start drilling more wells to...

May 29, 2015 June OPEC meeting won't cut output: Saudi paper quotes source

Source: Reuters

OPEC is not expected to cut oil production at its meeting in June, and the meeting is expected to be a short one, Saudi Arabia's Al Hayat newspaper quoted an unnamed OPEC source as saying on Thursday.

May 28, 2015 Norway oil fund may have to sell out of up to 75 firms due to coal ban

Source: Reuters

May 28 Norway's $900 billion wealth fund may have to sell out of 50 to 75 companies once new rules limiting its coal investments go into effect, Petter Johnsen, the fund's chief investment officer for equities said on Thursday.

May 28, 2015 ExxonMobil CEO mocks renewable energy in shareholder speech

Source: Politico

The CEO of one of the world’s largest oil companies downplayed the effects of climate change at his company’s annual meeting Wednesday, telling shareholders his firm hadn’t invested in renewable energy because “We choose not to...

May 28, 2015 World has no choice but to decarbonise – UN climate chief

Source: Reuters

BARCELONA – Responding to climate change in the next 15 years is the world’s “mega development project”, given the need to invest trillions of dollars in infrastructure, creating jobs and economic stability, the United Nations’...

May 27, 2015 Dam Holding Back Energy Dealmaking Will Burst by 2016, Energy Bankers Say

Source: Forbes

The oil and gas sector could see some big M&A toward the end of this year or the beginning of 2016, said panelists at the Mergermarket Energy Forum in Houston last week.

May 27, 2015 Japan nuclear regulator clears first reactors after safety checks

Source: Reuters

Japan cleared the way on Wednesday for a resumption of nuclear power, four years after the world's worst atomic disaster in two-and-a-half decades led to the shutdown of all the country's reactors and fuelled public opposition to...

May 27, 2015 Technology for a Saudi fracking boom moves closer to reality

Source: CNBC

The key to an energy boom is simple: Build a technology to get at the oil and gas that geologists already know is trapped in various subterranean, or subsea, formations.

May 27, 2015 Oil rebounds, U.S. crude stocks in focus

Source: Reuters

Crude futures rose on Wednesday to recover some ground after steep drops in the previous session, boosted by expectations that U.S. crude stocks could fall for a fourth straight week.

May 27, 2015 EU carbon market expects price rise for first time in four years

Source: Reuters

Participants in the European Union’s carbon market expect average prices to rise for the first time in four years, an annual survey published by the International Emissions Trading Association (IETA) showed on Tuesday.

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