The Offshore Oil Business Is Crippled And It May Never Recover How badly do oil producers want to transition out of the deepwater and focus on shale? And guess what that means for the global oil price? Exxon Mobil (NYSE:XOM) just paid Seadrill (NYSE:SDRL) $125 million in cash to get out of its commitment to...

Environmental concerns about hydraulic fracturing are impacting shale oil and gas exploration all over the world—Canada, the United States, New Zealand—but none as much as France. One year ago, the Paris Basin in northern France was one of the top international shale oil plays in the world.  And just like...

The Eagle Ford play in southeast Texas presents local refineries with the opportunity to get crude oil at lower costs than using imported oil.

Look at this chart!  This kind of visual makes an oil and gas CEO proud when addressing his Board of Directors or shareholders. Source: Southwestern Energy Corporate Presentation But despite this beautiful production growth chart--this company has COST investors BUCKETS of money over the past two years. I’ll explain to you what happened--and how you as an investor...

By guest contributor Jen Alic Jen Alic is a geopolitical analyst and consultant based in Sarajevo, Bosnia-Herzegovina, and the former editor-in-chief of the Zurich-based ISN Security Watch. -------------------------------- Albania’s Albpetrol Goes to Highest Bidder in Geopolitical End Game Shareholders in Canadian-owned Bankers Petroleum (BNK-TSX) have profited from two huge runs in the stock since they...

Black Raven Energy, Inc., which is currently a private company, recently said it acquired an 80 percent working interest in Morgan County, Colorado's Adena Field.

These Statistics Show A Surprising Oil Hotspot Brewing in America Guess which American oil play will show the largest increase in production the next two years?  That’s right, I said increase. The Bakken? Permian? Niobrara? Well, defying all expectations of analysts and investors alike, it’s likely to be the Gulf of Mexico (GOM), with production...

American oil production is set for a fast pullback, says Chris Theal, founder and CEO of Canadian energy fund Kootenay Capital. And that has two important implications America is now the swing producer in the global oil market. If the bottom in oil prices wasn’t set Nov. 5, it’s very, very close. “We...