Category: Oil Investing

An $8 Billion Investment for BP (NYSE:BP)

Written by Brian Hicks
Posted March 24, 2013

After selling its share in TNK-BP to Rosneft (MM:ROSN), BP (NYSE:BP) is now planning an $8 billion share buyback...

Rosneft (MM:ROSN) Becomes Largest Crude Producer

Written by Brian Hicks
Posted March 21, 2013

The much-awaited acquisition of TNK-BP (MM:TNBP) by Rosneft (MM:ROSN) is now complete, and it has made Rosneft the world's largest crude producer...

U.S. Oil Output Surges to Record Highs

Written by Brian Hicks
Posted March 20, 2013

U.S. oil production is on track to pass imports for the first time since 1995, and this is already having an effect on OPEC...

Saudi Shale Explosion

Written by Brian Hicks
Posted March 19, 2013

Saudi Arabian officials have announced the nation plans to drill seven test wells for shale gas this year in an effort to supply the increasing domestic demand...

Russia Fracking Soviet Oil Fields

Written by Brian Hicks
Posted March 18, 2013

Russia has been using fracking for years, but by incorporating horizontal drilling, companies have realized they can draw more oil from old wells...

Williston Basin Oil

Written by Keith Kohl
Posted March 18, 2013

Keith Kohl shows investors why the Williston Basin is about to lead the United States in the next leg of its oil boom.

Enhanced Oil Recovery Market Booming

Written by Brian Hicks
Posted March 18, 2013

Enhanced oil recovery is gaining traction as a method of extraction even more oil from abandoned wells...

Eco-Friendly Oil Drilling

Written by unknown
Posted March 17, 2013

Some of the very oil companies environmentalists are protesting are developing more responsible production technologies. Will this one new technology be the final blow to OPEC?

California Fracking Boom

Written by Brian Hicks
Posted March 14, 2013

Long-time environmentalist Governor Jerry Brown has expressed his support for fracking, citing the economic benefits that California needs desperately...

Discovered: 17 Bakkens Stacked On Top of One Another

Written by Brian Hicks
Posted March 13, 2013

Thanks to the revolution in hydraulic fracturing, the Permian Basin is expected to regain its stature in the global oil market. It is set to become the king. Brian Hicks explains...

Iraq Oil Fields Up for Grabs

Written by Brian Hicks
Posted March 13, 2013

The Iraqi Oil Ministry has selected seven foreign oil companies that will be allowed to bid on the Nasiriyah oil field...

Venezuela Oil Crisis

Written by Brian Hicks
Posted March 13, 2013

In the aftermath of Chavez's death, it is unclear what's to become of Venezuela's suffering oil industry...