Category: Oil Investing

Keystone XL Lawsuit

Written by Brian Hicks
Posted December 19, 2012

A Texas land-owner says he wasn't fully informed on what the Keystone XL Pipeline would be carrying when he signed a contract, and a judge agrees with him.

Statoil (NYSE: STO) Purchases Marcellus Shale Acreage

Written by Brian Hicks
Posted December 19, 2012

Norway's Statoil (NYSE: STO) hopes to increase production in the U.S. to 500,000 barrels of oil equivalent a day in 2020.

The Easiest Gains for 2013

Written by Briton Ryle
Posted December 19, 2012

Sometimes, the stock market's moves are so clearly telegraphed, it's a simple matter of stooping over to pick up the profits that are just laying there. Now is one of those times.

Exxon (NYSE: XOM) Enters South African Offshore Region

Written by Brian Hicks
Posted December 18, 2012

Exxon Mobil (NYSE: XOM) is purchasing a 75 percent stake in a region off the coast of South Africa.

Solar-Powered Oil Recovery

Written by Brian Hicks
Posted December 18, 2012

It's always seemed like solar power and Big Oil would never learn to play nice. But this new technology could benefit them both.

Natural Gas in American Vehicles

Written by Brianna Panzica
Posted December 14, 2012

While parts of the nation paid upwards of $5 a gallon this year to fill their gas tanks, we've had an abundance of cheap fuel just waiting to be used.

Oil Industry's $3.4 Billion Bailout

Written by Briton Ryle
Posted December 13, 2012

Jim Bob and Tex were looking pretty smart. Even though they were drilling to incredible depths, the prospect of finding oil and natural gas seemed pretty low risk.

Iraq Surpasses Iran in Oil Production

Written by Brian Hicks
Posted December 12, 2012

After three years of rapid production, Iraq has passed Iran to become the second-largest oil producer in OPEC.

Multi-Well Pad Will Sink OPEC

Written by Brian Hicks
Posted December 12, 2012

I wrote about "the Octopus" a few weeks ago. But I think you should know that the American oil and gas boom is about to undergo another tectonic shift...

Spectra Energy (NYSE:SE) to Purchase Canada-to-Illinois Pipeline

Written by Brian Hicks
Posted December 11, 2012

Spectra Energy (NYSE: SE) is gaining access to oil and gas infrastructure with its latest purchase of a pipeline system.

Egypt to Become Natural Gas Importer

Written by Brian Hicks
Posted December 11, 2012

Long a natural gas exporter, Egypt may become an importer as early as next year as rising demand battles falling production.

Jordan Shale Development

Written by Brian Hicks
Posted December 10, 2012

Jordan could have the world's fourth-largest shale deposit, but a lack of infrastructure is holding back development.