International

Harvest Natural Resources in Negotiations to Sell Company, Spin-Off Assets

Harvest Natural Resources in Negotiations to Sell Company, Spin-Off Assets

Harvest Natural Resources, Inc., (ticker: HNR) headquartered in Houston, Texas, is an independent energy company with principal operations in Venezuela, exploration assets in Indonesia, West Africa, China and business development offices in Singapore and the United Kingdom.

HNR recently presented …

Japan and India Create LNG Buyer’s Group in Hopes of Luring Additional Imports

Japan and India Create LNG Buyer’s Group in Hopes of Luring Additional Imports

The governments of Japan and India announced on September 9, 2013, a joint buyer’s group agreement to increase the importation of liquefied natural gas (LNG) in an attempt to offset their rising energy prices.

According to Mari Iwata’s report in …

September 10, 2013 - 3:44 pm International, Oil and Gas 360 Articles, Regulatory
Apache Corporation Sells Portion of Egypt Assets for $3.1 Billion to Sinopec

Apache Corporation Sells Portion of Egypt Assets for $3.1 Billion to Sinopec

Apache Corporation (ticker: APA) is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom, Australia and Argentina. It is one of the world’s top independent E&P companies and recently celebrated …

September 4, 2013 - 5:39 pm International, Oil and Gas 360 Articles, OPEC

Crude Oil Cuttings (Week Ended 7/5/13)

Crude Oil Inventory/’000 BBLS

Current: 373,918
Actual Build/(Withdrawal): (9,874)
Economist Average Estimate: (3,114)
Previous: 383,792

Click here for the chart with five year averages.

CRUDE OIL IN THE MEDIA

*Fracking Firms Face New Crop of Competitors – WSJ

So many …

African “Fray” Causing Down-tick in OPEC Production

African “Fray” Causing Down-tick in OPEC Production

The Organization of the Petroleum Exporting Countries (OPEC) crude output in June fell by 130,000 BOPD due to lower exports from Iraq and disruptions in Libya and Nigeria according to a recent survey published by Reuters.  OPEC was founded in …

July 1, 2013 - 4:54 pm International, Oil and Gas 360 Articles, OPEC
Let’s Work For America, Not Against It; Climate Change Speech Positive for Natural Gas

Let’s Work For America, Not Against It; Climate Change Speech Positive for Natural Gas

President Barack Obama’s first climate change speech of his second term focused on three main points: cutting carbon pollution in America, preparing the U.S. for the impacts of climate change, and leading international efforts to combat global climate change.

Our …

Crude Oil Cuttings (Week Ended 6/19/13)

CRUDE OIL INVENTORY/’000 bbls (Week Ended 6/19/13)

Current: 394,121
Actual Build/(Withdrawal): 313
Economist Average Estimate: (425)
Previous: 393,808

Click here for the chart with five year averages.

 

CRUDE OIL IN THE MEDIA

*Brent Holds Above $106, All Eyes on

June 19, 2013 - 12:50 pm International, Oil and Gas 360 Articles, OPEC

Natural Gas Roundup (Week Ended 4/19/13)

NATURAL GAS INVENTORY

Current: 1,734 Bcf
Actual Injection/(Withdrawal): 30 Bcf
Economist Average Estimate: 32 Bcf
Previous: 1,704 Bcf

Click here for the chart with five year averages.

NATURAL GAS IN THE MEDIA

*Pressure Mounts on US to Export Natural Gas

Crude Oil Cuttings (Week Ended 4/12/13)

CRUDE OIL INVENTORY/’000 bbls 

Current: 387,641
Actual Build/(Withdrawal): (1,233)
Economist Average Estimate: 1,082
Previous: 388,874

Click here for the chart with five year averages.

IN CASE YOU MISSED IT

*VIDEO: U.S. Need for Oil Is `Shrinking,’ Petrie Says – Bloomberg

CAMAC Energy Inc. Announces Year End and Fourth Quarter 2012 Results and Provides Operational Update

CAMAC Energy Inc. (ticker: CAK) is a Houston-headquartered oil and natural gas company exploring the vast onshore and offshore basins of East and West Africa. Offshore Nigeria, CAK currently produces from the Oyo Oilfield on block OML 120 with additional …

Unleashing the Dragon – Being the Number One Importer Ain’t Always a Good Thing.

Unleashing the Dragon – Being the Number One Importer Ain’t Always a Good Thing.

Oil.  It Brings Good Things to Life.

On April 4, Abdalla S. El-Badri, OPEC Secretary General, at the OPEC-IEA-IEF Session of the 14th International Oil Summit in Paris, France,  delivered a keynote speech that spoke of oil’s place in world …

April 4, 2013 - 7:42 pm International, Oil and Gas 360 Articles, OPEC

Crude Oil Cuttings

CRUDE OIL INVENTORY/’000 bbls (Week Ended 3/8/13)

Current: 383,975
Actual Build/(Withdrawal): 2,624
Economist Average Estimate: 2,236
Previous: 381,351

Click here for the chart with five year averages.

CRUDE OIL IN THE MEDIA

*EnerCom’s Monthly Energy Industry Data and Trends Reports

March 13, 2013 - 5:19 pm Canada, International, Midstream, Oil and Gas 360 Articles, OPEC

Get your Fracs Straight before Inserting Foot in Mouth

CRUDE OIL INVENTORY/’000 bbls (Week Ended 3/1/13)

Current: 381,351
Actual Build/(Withdrawal): 3,833
Economist Average Estimate: 327
Previous: 377,518

Click here for the chart with five year averages.

CRUDE OIL IN THE MEDIA

*U.S. Tops Saudi Arabia as World’s Biggest Fuel

CARBO Ceramics Inc. Reports Q4'12 Results

  • Quarterly revenues of $153.6 million compared to $158.1 million in the prior year
  • Reported net income of $19.8 million, or $0.86 per share for the quarter, including an after-tax charge of $0.03 per share for the wind-down of Applied Geomechanics
January 31, 2013 - 9:19 pm International, Oil and Gas 360 Articles, Regulatory

Core Laboratories N.V. Reports Most Profitable Quarter Ever; Q4'12 Results

Core Laboratories N.V. (ticker: CLB) is a leading provider of proprietary and patented reservoir description, production enhancement, and reservoir management services used to optimize petroleum reservoir performance.  The Company has over 70 offices in more than 50 countries and is …

January 31, 2013 - 9:00 pm International, Oil and Gas 360 Articles

Important Data Points from OPEC’s October Monthly Oil Market Report

The Organization of the Petroleum Exporting Countries (OPEC) is putting forth bearish signals on the world’s economy. The 12-member organization lowered its forecast for growth in global oil demand this year and warned of a continued slowdown in 2013.

World

November 6, 2012 - 7:56 pm International, Oil and Gas 360 Articles, OPEC
CARBO Ceramics Inc Reports Q3’12 Results; Looking Ahead is Always Best

CARBO Ceramics Inc Reports Q3’12 Results; Looking Ahead is Always Best

CARBO Ceramics (ticker: CRR) is the world’s largest supplier of ceramic proppant for fracturing oil and gas wells and a supplier of resin-coated sand proppant. The company faces challenges amid lower energy prices, global economic weakness, and an influx of …

October 25, 2012 - 10:56 pm International, Oil and Gas 360 Articles

Petronas/Progress Energy Deal Blocked – A Roundup of Coverage

Canada blocks Petronas’ bid for Progress Energy – AP

TORONTO — Canada has blocked the Malaysian state-owned oil firm Petronas’ US$5.2 billion (CA$5.17 billion) bid for gas producer Progress Energy Resources, saying the proposed investment would not provide a net …

October 22, 2012 - 7:29 pm Canada, International, Oil and Gas 360 Articles, OPEC

REPOST: Clinton Cites 'Energy Diplomacy' as Driving Force in Foreign Policy

WSJ REPOST: Secretary of State Hillary Clinton on Thursday described “energy diplomacy” as a driving force behind U.S. foreign policy and offered a spirited defense of the Obama administration’s foreign-policy record. She also took swipes at rivals, including China and …

It’s a Big Gas World!

NATURAL GAS INVENTORY (Week Ended 10/5/12)

Current: 3,725 Bcf
Actual Injection/(Withdrawal): 72 Bcf
Economist Average Estimate: 79 Bcf
Previous: 3,653 Bcf

Click here for the chart with five year averages.

NATURAL GAS IN THE MEDIA

*Houston firm drilling exploratory well

Geopolitical Issues Push WTI/Brent Differential to $23

CRUDE OIL INVENTORY/’000 bbls (Week Ended 10/5/12)

Current: 366,370
Actual Build/(Withdrawal): 1,672
Economist Average Estimate: 773
Previous: 364,698

Click here for the chart with five year averages.

CRUDE OIL IN THE MEDIA

*Continental Resources says Oklahoma discovery may add 1.8

Oil Prices Falling Below $90

CRUDE OIL INVENTORY/’000 bbls (Week Ended 9/28/12)

Current: 364,698
Actual Build/(Withdrawal): (482)
Economist Average Estimate: 1,486
Previous: 365,180

Click here for the chart with five year averages.

CRUDE OIL IN THE MEDIA

*Presidential debate could shed light on energy issues

Brent and WTI – Which Way are They Headed?

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Brent and WTI – Which Way are They Headed?

CRUDE OIL INVENTORY/’000 bbls (Week

September 26, 2012 - 4:00 pm International, Midstream, Oil and Gas 360 Articles, OPEC, Regulatory

Natural Gas and the Political Season

Every Thursday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the natural gas spectrum. The theme for this week: Natural Gas and the Political Season.

NATURAL GAS INVENTORY (Week Ended 9/14/12)

Current: 3,496 …

Look Out Below! Crude Oil Plunges

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Look Out Below! Crude Oil Plunges.

CRUDE OIL INVENTORY/000 bbls (Week Ended 9/14/12)

Current: …

Up, and to the Right – Moving in the Right Direction

Every Thursday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the natural gas spectrum. The theme for this week: Up, and to the Right – Moving in the Right Direction.

NATURAL GAS

September 13, 2012 - 3:21 pm International, Oil and Gas 360 Articles, OPEC

Oil – The Global Commodity

Oil – The Global Commodity

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Oil – The Global Commodity.

CRUDE OIL INVENTORY/000 BBLs

September 12, 2012 - 3:02 pm Canada, International, Midstream, Oil and Gas 360 Articles, OPEC
ERHC Diversifies African Exploration Assets; Adds 2.95 Million Acres in the Middle of Kenyan Activity

ERHC Diversifies African Exploration Assets; Adds 2.95 Million Acres in the Middle of Kenyan Activity

ERHC Energy Inc. (OTCBB: ERHE) is a publicly traded American company with oil and natural gas assets in Sub-Saharan Africa. The company is actively pursuing two offshore West Africa zones, the São Tomé and Príncipe Exclusive Economic Zone (EEZ) …

July 11, 2012 - 7:15 pm International, Oil and Gas 360 Articles, OPEC

The Sun Goes Down and the Wind Stops A' Blowin'. But America's Oil and Gas Keeps On A' Flowin'!

In a rhetoric-filled campaign speech on March 29, President Obama sought to pit one American against another when he told members of Congress that they could “stand with big oil companies, or they can stand with the American people.”

Oil …

Core Laboratories Presents at EnerCom's The Oil & Services Conference™ 10

David Demshur, Chief Executive Officer, and Richard Bergmark, Chief Financial Officer of Core Laboratories N.V. (NYSE: CLB) presented today at EnerCom’s The Oil & Services Conference™ 10. Core Laboratories is a leading provider of proprietary and patented reservoir description, production …

February 22, 2012 - 2:12 pm International, Oil and Gas 360 Articles, Oilfield Services