How Russia Could Derail US Natural Gas Exports

Christian Science Monitor  By Kurt Cobb Russia and China have signed two large natural gas deals in the last six months as Russia turns its attention eastward in reaction to sanctions and souring relations with Europe, currently Russia’s largest energy export market. But the move has implications beyond Europe. In the department of everything is connected, U.S. […]

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Saudis continue to squeeze OPEC profits

By The Associated Press VIENNA — Saudi Arabia showed little concern for fellow OPEC members by unilaterally cutting its oil prices to the United States this week, a move that casts doubts on the cartel’s credibility and its ability to find a common plan to stabilize the slumping energy market. And while OPEC struggles to […]

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U.S. production disrupts global flows of crude oil

By Bloomberg News Things are slowing down at the nation’s largest oil-import hub. The Louisiana Offshore Oil Port, which six years ago imported more than 1 million barrels a day from countries including Saudi Arabia, Nigeria and Iraq, is receiving just half of that from overseas. The trend is reflected at harbors from Mississippi to […]

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Oil Price Slump a Mixed Bag for World Economy

ECNS Global crude prices have taken a bearish turn over recent months, and given current market conditions the odds of a near-term rebound seem slim. Brent crude for December delivery lost 0.16 percent to close at $85.96 per barrel Friday, leaving the benchmark contract with a 9.32 percent loss, the biggest since May 2012 and […]

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Deepwater Exploration Could Boost Trinidad and Tobago Oil, Gas

Akron Beacon Journal Exploring deep and ultra-deepwater areas could boost Trinidad and Tobago’s (T&T) oil and gas industry, which has $6.2 billion of investment planned over the next two years, helping to offset the government’s apparent move away from an energy-dependent economy, says an analyst with research and consulting firm GlobalData. According to Effuah Alleyne, […]

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Why China’s Slowdown Is Taking a Heavy Toll on Canada

Huffington Post If beaten-up Canadian investors are looking to assign blame for the bruising suffered by their portfolios of late, they could do worse than point an accusatory finger at China. The resource super-cycle that drove valuations so much higher over the last decade is now hobbling along at a snail’s pace and China is […]

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Liberalization Key to Brazil’s Natural Gas Market Growth

Platts By J Robinson As one of the largest renewable energy producers in the world, Brazil’s relatively recent foray into natural gas markets could probably be euphemistically described as “unplanned.” When it became clear by the 1980s that the country’s hydroelectric reservoir system would be insufficient to meet growing national demand for electricity, the Brazilian […]

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