Is there any common ground in the debate over hydraulic fracturing?  It’s a divisive issue, especially in the U.S., where 90%-plus of all global fracking is done now, pitting neighbor against neighbor. Two weeks ago I wrote about a success story -- How a U.S. Oil Refinery Got Saved -- in which...
Two years ago Colombia was the hottest international oil play in the world (for Canadian investors), with big wells creating big valuations and stock runs that left investors hungry for more. Now, these stocks have not only fallen to earth, they’ve crashed through the floor into the basement—despite good oil...
These guys got it done. In a few short months, they saved hundreds of jobs, increased industry profits, created some energy security for the US east coast, and set the stage to improve the environment through reduced air emissions. They are the epitomy, the poster child, of how business, labour and government...
The North American oil market is going through a fundamental change that will affect the price of oil for the rest of this decade—fast-rising shale oil supplies from North Dakota and Texas. (Other shale oil plays will contribute as well, but none will come close to the revolution happening in...
A decade after hydraulic fracturing, or fracking, started the shale revolution and ended high natural gas prices, another revolution is set to rock the industry—Floating Liquified Natural Gas—FLNG. It’s the leading edge of the natural gas world, and it could impact Canadian and US hopes for huge LNG exports. A...
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...
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...
Dear OGIB Reader, As of this month, May 2012, Japan has no nuclear power for the first time in four decades. Just over a year ago—before the Fukushima disaster caused by the earthquake/tsunami—nuclear supplied 26% of Japan’s power. Taking all 54 reactors offline have left Japan with an "electricity black hole," according...