The Bakken Shale is fueling an upturn in fortunes for the US oil industry and could be the prime driver of oil production growth in the US over the next decade.
Continue reading "Bakken Shale Driving US Oil Production Growth"
Monday, January 23, 2012
Supply concerns dogging major producers have kept both Brent crude and WTI above $100 per barrel to begin the year.
Continue reading "Oil Supply Concerns Trump Sagging Demand"
Monday, January 9, 2012
Iran’s saber-rattling in the Persian Gulf kicks off what could be a volatile year for oil markets.
Continue reading "2012 Oil Market Outlook"
Friday, December 30, 2011
A look at some of the most actively traded junior oil exploration stocks on the TSX Venture Exchange in 2011.
Continue reading "Top 10 Active Canadian Junior Oil Stocks 2011"
Tuesday, December 20, 2011
WTI-Brent crude price spread the story of 2011 for oil.
Continue reading "Oil Market Trends 2011"
Tuesday, December 13, 2011
Sandwiched between a recent discovery to the East, the world’s largest reserves of crude oil to the West and with their maritime border dispute resolved - Guyana and Suriname have started to attract a lot of exploration interest.
Monday, November 28, 2011
Although Chevron was fined $28 million and had its drilling rights in Brazil suspended for the recent offshore oil spill at their Frade field, some industry experts suggest the company will be able to avoid a long-term ban.
Monday, November 21, 2011
Enbridge acquire stake in a key Cushing-Gulf Coast pipeline after TransCanada’s Keystone XL pipeline ambitions are dealt a blow.
Monday, October 31, 2011
A land purchase in South Dakota by a small, Texas-based independent Bedrock Oil & Gas Co. has led to speculation that the state could possibly hold a Bakken-sized oil formation hosting 3 to 24 billion barrels of oil.
Continue reading "Could South Dakota Host the Next Bakken Oil Formation?"
Monday, October 3, 2011
Nunavut is bound to have some piece of the estimated 160 billion barrels of crude oil believed to be locked up in the Arctic – the challenge is finding it.
Continue reading "Oil Exploration in Nunavut"
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Tuesday, January 31, 2012