By Brian Hoffman, CA, CPA
Prologue-Keith Schaefer
Natural gas prices continue to bounce on the bottom of their recent price range, yet natural gas stocks charts are looking bullish - which means the market really does believe that the sharply lower rig counts across North America will mean a (sharp?) increase in natural...
In many ways the oil industry is a fashion industry, and in 2011 the exciting new model on the investment bankers’ catwalk was the Duvernay shale.
Over $2 billion was spent acquiring big land packages, and the rising price per acre kept the play in the news headlines.
Covering over 100,000...
by Shaun Polczer
Smart money isn’t making big investments in natural gas. It’s making HUGE investments.
One of the industry's most fiscally conservative -- and notoriously cheap -- operators, CNRL (CNQ-NYSE/TSX; $36) reportedly bought Devon Canada’s entire conventional oil and gas—but mainly gas—assets for $3.1 billion; reportedly sight unseen. It didn't even wait...
China is planning on implementing a value-based tax on sales of natural gas and oil throughout the nation starting in November, according to a statement made by the Ministry of Finance on October 10.
Editor's Note: Today's OGIB is the transcript of my recent interview with Peter Byrne of The Energy Report (TER) on a growing debate in North America's Great Experiment: the Shale Revolution, and I also talk about which junior producers I'm keeping close tabs on right now in the oil patch.
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The Energy...
In Part 1 (The Race To Supply LNG), I explained how the Japanese will most likely solve its power shortage, now that there are NO nuclear plants running.
One of the biggest answers is LNG—Liquid Natural Gas—and an emerging LNG technology that is growing around the world... and could be...
By Dave Forest
In Part I of this series we saw how Mexican demand for U.S. gas exports has surged by 92% over the last 5 years. And with proposed new export projects slated to take up to 10% of U.S. production, Mexico could be the surprise driver of marginal...
We are witnessing the birth of an entire new global industry, right before our eyes — liquefied natural gas (LNG).
Like oil, LNG is now shipped all over the world.
It has become one of the most profitable parts of the global energy patch. Shipping LNG is the most profitable sector...