Last week I looked at the phenomenal success of a new breed of offshore explorers who are using unconventional drilling (read: horizontal drilling and fracking) to unlock billions of barrels of bypassed oil in places like the shallow-water U.S. Gulf of Mexico. Offshore producers are now getting returns as good...
Fracking has helped the United States maintain the world's number one economy, but the exploitation of unconventional gas is also catching the eye of the world's second largest economy: China.
This week the EIA released the first look at its new method for reporting United States crude oil production. It revealed two things. First, the EIA’s prior method had been significantly overstating U.S. oil production so far in 2015. Second, U.S. production appears to have started declining back in April.  This is...
Penn West (PWT:TSX) recently held its analyst day in Calgary, but research firm Macquarie Equities Research's Outperform rating and target share price for the company were unaffected by the event.
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.
I'm off to Dubai for a week of meetings, but I want to leave you with some ideas that should leave you...questioning...The Bear Case on oil. I want to be clear...I'm not a perma-bull on oil.  Far from it.  I'm an investor, and a trader, looking for a trend.  Energy...
Oil and Gas company Whitecap Resources (WCP:TSX) announced recently that it has increased its bank line 31 percent to $190 million.