With its 55 nuclear reactors currently offline in answer to the devastating earthquake and tsunami it suffered in March 2011, Japan has been forced to import more expensive alternative fuels to replace the homegrown nuclear-fueled electrical generation capacity which previously made up between a quarter and a third of the country’s electrical output and helped it achieve energy independence in
Basic Energy Services CEO Roe Patterson appeared on CNBC’s Mad Money with Jim Cramer to discuss the recent 71% appreciation in share price, as well as expected drivers of near-term growth.
Ed Cohen, Atlas Energy LP CEO was on CNBC Europe’s Worldwide Exchange to discuss the current energy revolution in NA and how he thinks it will affect the global markets.
On June 2, 2014, the Environmental Protection Agency (EPA) moved to the second phase of its Clean Power Plan. According to the EPA, the Plan “cuts carbon pollution from existing power plants, the single largest source of carbon pollution in the United States. Today’s proposal will protect public health, move the United States toward a cleaner environment and fight climate change
Saratoga Resources (ticker: SARA) is an independent exploration and production company with 52,103 net acres under lease in the Gulf of Mexico (GOM). Approximately 62% of its acreage is on the traditional Louisiana coastline and the remaining 32% is located in the shallow GOM. SARA operates and holds substantially 100% working interest in all of its wells. Saratoga announced on
Intervale Capital’s Co-Founder, Charles Cherington, interviews on CNBC’s Squawk Box
Denver-based PDC Energy (ticker: PDCE) is an independent oil and natural gas company that operates in Colorado’s liquid-rich Wattenberg Field and the Appalachian Basin including the emerging liquid-rich Utica Shale play in Ohio and the dry-gas Marcellus Shale in West Virginia. Wattenberg Program A focal point of PDC’s Analyst Day in New York on April 17, 2014 was its downspacing
March Madness may be recognized as the most exhilarating tournament in sports, but spectators simultaneously viewing the stock market with the Federal Reserve news conference on March 19, 2014, were treated to a roller coaster ride of their own. The market hung on every word spoken during Fed Chairwoman Janet Yellen’s debut until the organization insisted it will maintain the
The United States energy market has big decisions ahead of it: Do we export oil? How do we safely transport crude oil across our country? Should we build the Keystone pipeline? And perhaps more captivating is what the industry/country should do with the tremendous amounts of natural gas we’ve untapped. The natural gas landscape continues to make headlines by means
Decades ago, the Organization of the Petroleum Exporting Countries (OPEC) was THE lifeline to the United States’ thirst for oil. Now, record production, horizontal drilling, advanced seismic and completion technologies, and increased spending rates have the U.S. primed to become the world’s top oil producer. Out of 62 companies for which we have gathered data on capital expenditures and estimates,
Magnum Hunter Resources Chairman and CEO Gary Evans appeared on CNBC’s Closing Bell to discuss the company’s recent share price run, Utica and Marcellus growth operations, and near-term plans for the Bakken. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions
Oil ministers from the Organization of the Petroleum Exporting Countries (OPEC) announced the group’s target output for 2014 will remain unchanged at 30 MMBOPD. Ministers of Iraq, Saudi Arabia and Kuwait made the announcement following a meeting between the exporters on December 22, 2013. “The market is in fear of a shortage of oil,” said Ali al-Naimi, the oil minister
