• GoldCore
    12/18/2014 - 13:54
    Russia supplies China with hi-tech military hardware. Russia has negotiated two major natural gas deals with China in the last year. China expects to double its gas usage by 2030. From a Chinese...

Department Of Energy

Tyler Durden's picture

"It's A Huge Crisis" - The UK Oil Industry Is "Close To Collapse"





With great delight we present the latest blowback from Obama's "brilliant" strategy to cripple Putin: in addition to the default wave about to crush America's own shale industry, America's biggest foreign ally and military partner when it comes to "ideologically pure missions of liberation" - the UK, and specifically its North Sea oil industry which according to the BBC is in a "crisis" and according to Robin Allan, chairman of the independent explorers' association Brindex, the industry was "close to collapse".  "It's almost impossible to make money at these oil prices", said a director of Premier Oil. "It's a huge crisis. It's close to collapse. In terms of new investments - there will be none, everyone is retreating, people are being laid off at most companies this week and in the coming weeks. Budgets for 2015 are being cut by everyone."

 
Tyler Durden's picture

The Oil Weapon: A New Way To Wage War





It was heinous. It was underhanded. It was beyond the bounds of international morality. It was an attack on the American way of life. It was what you might expect from unscrupulous Arabs. It was “the oil weapon” -- and back in 1973, it was directed at the United States. Skip ahead four decades and it’s smart, it’s effective, and it’s the American way. The Obama administration has appropriated it as a major tool of foreign policy, a new way to go to war with nations it considers hostile without relying on planes, missiles, and troops.  It is, of course, that very same oil weapon.

 
Reggie Middleton's picture

If You Believe The Oil Bull Market Is Over, This Is How To Monetize Your Perspective With Up To 4x Leverage





Ways for retail investors, and institutions small and large, to monetize a fundamental or economic outlook that the muppet masters will never tell you!

 
Tyler Durden's picture

Frontrunning: July 24





  • EU to weigh extensive sanctions on Russia (FT)
  • U.S. lifts flight ban to Israel (Reuters)
  • Russia says will cooperate with MH17 probe led by Netherlands (Reuters)
  • Norway faces ‘concrete and credible’ terrorist threat (FT)
  • Don’t Tell Anybody About This Story on HFT Power Jump Trading (BBG)
  • But... but... PMI: Unilever Sales Growth Misses Estimates on Asian Slowdown (BBG)
  • World’s Biggest Wealth Fund Reviews $8 Billion Russian Stake (BBG)
  • Qualcomm latest US tech company to reverse in China (FT)
  • Hamptons Home Sales Rise as Buyers Find More Inventory (BBG)
 
Tyler Durden's picture

Frontrunning: July 16





  • BRICS set up bank to counter Western hold on global finances (Reuters)
  • Fed's Yellen Hedges Her View on Rates (Hilsenrath)
  • China GDP Grows 7.5% in Second Quarter (WSJ)
  • Get More Acquainted With Your Knees as Boeing Reworks 737 (BBG)
  • Israel Warns Gazans of New Attack After Hamas Rejects Truce (WSJ)
  • Israel poised for Gaza incursions after truce collapses (Reuters)
  • China Housing Sales Fall in First Half of 2014 (WSJ)
  • IBM to offer iPads and iPhones for business users (Reuters)
  • Fed's George says strengthening economy warrants quick rate rise (Reuters)
 
Tyler Durden's picture

Frontrunning: May 8





  • China’s Trade Unexpectedly Rises (BBG)
  • 'We're already not in Ukraine' - rebel east readies secession vote (Reuters)
  • Pro-Russian Separatists in Ukraine Reject Putin's Call to Delay Vote (WSJ)
  • Vietnam’s Stocks Post Biggest Loss in Decade on China Tensions (BBG)
  • Hedge Funds Extend Their Slide (WSJ)
  • Carney Looks to Untested Tools as House Prices Boom (BBG)
  • New Draghi Era Seen on Hold at ECB as Euro Area Recovers (BBG)
  • Woman With Printer Shows the Digital Ease of Bogus Cash (BBG)
  • Regulators See Growing Financial Risks Outside Traditional Banks (WSJ)
 
Tyler Durden's picture

Frontrunning: April 21





  • Putin playing the long game over Russian kin in Ukraine (Reuters)
  • U.S.-Russia Relations Come Full Circle After Ukraine (WSJ)
  • Japan PM makes offering to Yasukuni Shrine, angers China, South Korea (Reuters)
  • In Gold Miners' Talks, Scale Is Crucial: Combined Barrick-Newmont Would Be Able to Trim Costs (WSJ)
  • SEC Said to Weigh Shining Light on Brokers’ Stock Routing (BBG)... and protmply unweigh it
  • Exelon Beating Facebook in S&P 500 After Valuation Scare (BBG)
  • Court Case May Help Define 'Insider Trading' (WSJ)
  • Spanish banks face tough rivalry in small companies bet (Reuters)
 
Tyler Durden's picture

EIA Chief: Boundless Natural Gas, Boundless Opportunities





Despite stockpiles imploding and prices exploding in the short-term, The U.S. Energy Information Administration (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70 billion cubic feet a day and is expected to reach over 100 billion cubic feet per day by 2040. The trend is likely to continue without hitting a geologic “peak”, and along with this trend will come new marketing opportunities for America. The following exclusive interview with OilPrice.com answsers some of the bigger questions...

 
Tyler Durden's picture

World's Largest Solar Plant Comes Online





The Ivanpah Solar Electric Generating System officially came online on February 13, becoming the world’s largest source of solar power. With a capacity of 392 megawatts, the solar system will be able to generate enough power for 140,000 homes in California. Ivanpah uses concentrated solar power (CSP), which uses hundreds of thousands of mirrors to reflect the sun towards a tower. This heats a boiler in the tower, which creates steam to drive turbines and make electricity. Ivanpah can be seen as a success story and a cautionary tale, highlighting the inevitable trade-offs between the need for cleaner power and the loss of fragile, open land. The speed at which solar expands will depend on incentives from Congress, many of which are set to expire in 2016.

 
Tyler Durden's picture

Guest Post: Nuclear Restarts Spell Trouble for LNG





There are two major factors that have emerged in the last five years that have sparked a surge in LNG investments. First is the shale gas “revolution” in the United States, which allowed the U.S. to vault to the top spot in the world for natural gas production. This caused prices to crater to below $2 per million Btu (MMBTu) in 2012, down from their 2008 highs above $10/MMBtu. Natural gas became significantly cheaper in the U.S. than nearly everywhere else in the world.  The second major event that opened the floodgates for investment in new LNG capacity is the Fukushima nuclear crisis in Japan. Already the largest importer of LNG in the world before the triple meltdown in March 2011, Japan had to ratchet up LNG imports to make up for the power shortfall when it shut nearly all of its 49 gigawatts of nuclear capacity. In 2012, Japan accounted for 37% of total global LNG demand. The future of LNG may indeed be bright, especially when considering that global energy demand has nowhere to go but up. But, investors should be aware of the very large threat that Japanese nuclear reactors present to upstart LNG projects.

 
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