Unleaded Gas

USA Gasoline Price Outlook

concerns about the price of gasoline is on the front burner with the US consumer on a daily basis, and it has turned a lot of folks into speculators of how high pump prices will rise. In some regions of the US it tapped $5 a gallon as predicted by several pundits back in February, [...]

M&A News: Private Equity Buys Oil and Gas

Private equity (‘PE’) interest in the U.S. oil and gas industry marked at least a 20-year high during the first quarter of 2012, as the volume of mergers and acquisitions (M&A) reached 11 transactions, which had a total deal value of $11.5 billion, a 120 percent increase in activity when compared to the same period [...]

Shayne Heffernan Coal Report

Arch thinks U.S. coal consumption for electrical generation could drop by at least 75 million tons this year, so it is paring its total production in the U.S. by 25 million tons over 2012. Arch has eliminated some 500 jobs company-wide since the market’s downturn. “While we hope that coal markets improve as we progress [...]

China and Russia in New Energy Deal

Chinese and Russian co-operation in the energy sector will expand beyond the traditional Oil and Gas arena as economic ties between the 2 countries continue to tighten, industry experts say. Russia sold 2.31-M tons of Crude Oil to China in March, a Y-Yincrease of 47.8%. Russia became China’s 3rd-biggest source of Crude Oil after the [...]

Goldman (NYSE:GS) Oil Outlook

Goldman (NYSE:GS) sees WTI Crude Oil price closer to Brent price in 2-H of Y 2012 The WTI-Brent spread is the measure the price difference between the World’s 2 main Crude Oil benchmark prices. Goldman Sachs said Tuesday in a note that the WTI-Brent spread is expected to narrow in 2-H of this year. The [...]

Read More » Comments Off April 11, 2012

The Oil Rich States in the USA

The Oil Rich States in the USA Though it is not always the cause, the States with the most Crude Oil reserves generally have strong economies. 6 of the 10 states with the most reserves have among the lowest unemployment rates in the Country; 7 had the smallest increases in the unemployment rate from Y’s [...]

Obama, Oil Reserves and Alan Gaines

Leading Oil Industry Executive Alan Gaines speaks on Obama and Oil Reserves. Alan Gaines was Chief Advisor to financier Carl C. Icahn in all of Mr. Icahn’s investments within the energy space, including such highly publicized forays as Texaco, Phillips Petroleum, Unocal, United States Steel (Marathon Oil), Tenneco, Williams Cos., Western Company of North America, [...]

Berau Coal Energy to Spend $691m on Exploration and Production

Berau Coal Energy plans to spend $691 million over the next three years to expand its exploration and production, up from an original target of $450 million to $475 million, the company’s president director said on Monday. Last year’s coal production was estimated at 20 million tons and net income at $180 million, a rise [...]

Read More » No comment February 28, 2012

Energy Market Recap

Energy Market Recap: 20 September 2011 November Crude Oil ended the session with an inside day trading range, as it consolidated Monday’s downdraft. It seemed that Crude Oil prices benefited from optimism that the US Federal Reserve might embark on further measures to support US economic growth. Additional support appeared to come from a Global [...]

Read More » No comment September 21, 2011

Tony Hayward leave’s TNK-BP board

11 Sept. 2011 (LTN) Former CEO of British Petroleum (NYSE:BP)Tony Hayward is set to leave the board of TNK-BP following the announcement that his investment vehicle Vallares PLC will merge with Turkey’sGenel Energy International Ltd, The Sunday Telegraph (London) reported, citing unnamed sources. Hayward is expected to inform BP of his decision in coming weeks, [...]

Read More » No comment September 12, 2011

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …