Category: Oil Investing

Forest Oil (NYSE: FST) Taps Eagle Ford Shale

Written by Brian Hicks
Posted April 14, 2013

Low natural gas prices have created a decreasing cash flow for Forest Oil (NYSE: FST), but it plans to accelerate its oil drilling program in the Eagle Ford with the help of Schlumberger Ltd. (NYSE:...

Oil Demand Forecast Lowered for 2013

Written by Brian Hicks
Posted April 11, 2013

OPEC and the IEA both revised down their projections for oil demand growth through 2013. But that doesn't mean production is lagging...

Salty Saudi Tears

Written by Keith Kohl
Posted April 11, 2013

Keith Kohl peels back the layers of lies the Saudis have been telling the world for decades regarding their oil production... and reveals a way to profit from their scheme.

Keystone XL Approval Bill

Written by Brian Hicks
Posted April 11, 2013

House Republicans are tired of waiting on President Obama for a Keystone XL decision that may never come, so they're putting the pressure on...

Shale Doubles Natural Gas Resources

Written by Brian Hicks
Posted April 10, 2013

A recent study by the Potential Gas Committee has shown that recoverable natural gas reserves are much higher than last estimated...

Blockbuster U.S. Shale Formation

Written by Brian Hicks
Posted April 10, 2013

This past Monday, one of our favorite drillers announced a blockbuster gas well, and it's starting to make some serious waves...

North Dakota Refinery Boom

Written by Brian Hicks
Posted April 10, 2013

A refinery from MDU Resources Group (NYSE: MDU) and Calumet Specialty Products Partners (NASDAQ: CLMT) will be the first new U.S. refinery in over 35 years...

Saudi Arabia Shale Investing

Written by Jeff Siegel
Posted April 9, 2013

With Saudi Arabia losing its share of the oil industry, the United States is taking over.

Chevron (NYSE: CVX) to Restart Brazil Oil Drilling

Written by Brian Hicks
Posted April 9, 2013

Brazil is allowing Chevron (NYSE: CVX) to resume drilling after a 2011 spill, and the nation is auctioning off oil blocks for the first time since 2008...

BP (NYSE: BP) Bets on Climate Change

Written by Brian Hicks
Posted April 8, 2013

Oil majors BP (NYSE: BP) and ConocoPhillips (NYSE: COP) are investing in a carbon capture technology startup that could benefit the shale boom...

GE (NYSE: GE) Makes $3 Billion Bet on Oil

Written by Brian Hicks
Posted April 8, 2013

GE (NYSE: GE) is heading into oil and gas technology with full force, and it's latest move is the acquisition of Lufkin Industries (NASDAQ: LUFK)...

Shell (NYSE: RDS.A) Partners with Russia for Arctic Oil

Written by Brian Hicks
Posted April 8, 2013

Royal Dutch Shell (NYSE: RDS.A) is partnering with Gazprom in an effort to tap offshore oil resources in the Arctic...