Category: Commercialization

June 17, 2019

I have written about this topic before, but it deserves a review at this crucial point in time where the oil markets are concerned. Just half a year after they agreed to implement significant new cutbacks in their crude oil […]

June 11, 2019

It’s no secret that the long term outlook for coal power in the global market is rather gloomy these days, and the decline could accelerate as the money pipeline dries up. According to one recent analysis, since 2013 more than […]

June 7, 2019

It was only a month ago that I began advising investors to ease up on certain energy stocks, following 20%-30% gains since the beginning of the year. But a brutal May and a weak start to June have sent oil […]

June 4, 2019

Amid rising tension between Washington and Tehran, markets must also add into the mix the loss of barrels from sanctions-hobbled Iran and crisis-hit Venezuela, now also targeted by US sanctions. Brent crude was up 33pc since the turn of the […]

May 31, 2019

The oil price has plummeted in recent days, with a spectacular drop of $3.51 on May 23. Well, not spectacular (see figure) but definitely notable, especially given an extremely bullish geopolitical situation. Venezuelan production appears likely to remain near zero […]

May 29, 2019

The cost of renewable energy has tumbled even further over the past year, to the point where almost every source of green energy can now compete on cost with oil, coal and gas-fired power plants, according to new data released […]

May 24, 2019

I’ve long been a believer that there’s always opportunity in the energy field, if you know where to look for it. With his recent commitment of $10 BN to help Occidental acquire Anadarko, Warren Buffett appears to be of the […]

May 23, 2019

The independent energy research and consultancy headquartered in Norway with offices across the globe forecasts that the service market will slow from 7% annual growth per year in 2019-2022 to only 3% from 2022 to 2025. Commenting on the numbers, […]

May 14, 2019

Now that the battle to acquire Anadarko Petroleum APC +0% has ended, a host of other key industry news items are percolating up to the top of the page. Let’s review the always-fluid Oil And Gas Situation for mid-May, 2019. […]

May 10, 2019

Oil market watchers hoping to discern why Opec has cancelled its customary April meeting might take a clue from the poker expression of playing cards close to one’s chest. While potential strains over the Opec+ production agreement and uncertainty over […]

May 9, 2019

Vermont Business Magazine Gasoline prices in Vermont may be below the national average right now ($2.81/gallon versus $2.90/gallon), but they’re still higher than last week, higher than last month and almost as high as last year. With the national average […]

May 7, 2019

Bloom Energy posted strong revenue results in its first-quarter 2019 financial report — a revenue story that distinguishes Bloom from the rest of the largely moribund fuel cell pack. But Bloom continues to lose money, and that is very much […]

May 2, 2019

Venezuela’s political and humanitarian crisis remains fluid with President Nicolas Maduro clinging to power amid protests led by opposition leader Juan Guaido. Street protests are expected to continue Thursday with Guaido telling thousands of supporters yesterday that “there’s no turning […]

May 1, 2019

First quarter earnings are starting to roll in, giving us a handle on the health of the oil and gas industry. Today, I will review earnings from several different segments of the energy sector. Chevron For the first quarter, Chevron […]

April 30, 2019

Warren Buffett is getting involved in a rare bidding war unfolding in the energy industry. Berkshire Hathaway has committed a $10 billion preferred stock investment in Occidental Petroleum contingent on the company completing its proposed takeover of Anadarko Petroleum. Last […]