Category: Oil Investing

BP (NYSE: BP) to Exit the Solar Industry

Written by Brian Hicks
Posted March 10, 2013

Despite its "beyond petroleum" initiative, BP (NYSE: BP) has announced it will exit the solar industry -- one it was involved in for 35 years.

What's Next for Venezuela's Oil Industry?

Written by Brian Hicks
Posted March 10, 2013

Amid the death of Hugo Chavez, many companies and dependent nations are questioning the future of the Venezuelan oil industry...

Chinese Fuel Upgrades

Written by Brian Hicks
Posted March 7, 2013

After two months of toxic pollution, China is taking steps to reduce its oil consumption and to clean up its refined fuel...

China Joining U.S. Shale Boom

Written by Brian Hicks
Posted March 7, 2013

Chinese companies are increasingly investing in North American shale assets in an effort to gain technological knowledge from the shale boom...

Reviving Venezuela's Oil Industry

Written by Keith Kohl
Posted March 7, 2013

Keith Kohl explains why Hugo Chavez's passing may be just the thing Venezuela needs to reignite its dying oil industry...

Hess Corp. (NYSE: HES) to Reorganize

Written by Brian Hicks
Posted March 6, 2013

In an effort to reorganize the company, Hess Corp. (NYSE: HES) will exit its retail arm and focus on exploration and production...

Shell Oil Bullish on Solar

Written by Brian Hicks
Posted March 5, 2013

Royal Dutch Shell (NYSE: RDS.A) recently released its long-term outlook for global energy, and in both scenarios, solar plays a big role...

America's Largest Union Endorses Keystone Pipeline

Written by Brian Hicks
Posted March 4, 2013

The largest union in the U.S. is now backing pipeline expansion, an indirect support of the Keystone XL project that will create hundreds of jobs...

Colombia Shale Oil Bonanza

Written by Brian Hicks
Posted March 4, 2013

A recent agreement between ConocoPhillips (NYSE: COP) and Canacol Energy Ltd. (TSX: CNE) will allow the two companies to explore Colombia's Magdalena basin...

U.S. May Export Natural Gas to Japan

Written by Brian Hicks
Posted March 4, 2013

Japan is the world's largest purchaser of LNG, and some Japanese companies are starting to set up supply agreements in the U.S...

Arctic Oil Boom

Written by Brian Hicks
Posted March 3, 2013

After mapping an Arctic zone, Norway has increased its estimates for offshore oil and gas in the Barents Sea...

Shell Purchases LNG Assets from Repsol

Written by Brian Hicks
Posted February 28, 2013

Shell is expanding its reach in the LNG market with assets from Spain's Repsol...