Shell Scraps Oil-Sands Project, Points at Big Issue For Canada by Oilprice.com • Oct 28, 2015 • 14 Comments It’s been a brutal few weeks for Royal Dutch Shell.
Next Few Weeks Reveal Extent of Calamity in Oil & Gas Industry by Nick Cunningham • Oct 27, 2015 • 6 Comments Get ready for some bad news and red ink.
Why Investors Should Take “Lower For Longer” Seriously by Dan Dicker • Oct 24, 2015 • 2 Comments Oil & gas bust might last a whole lot longer than anyone first thought.
Who on Wall Street is Now Eating the Oil & Gas Losses? by Wolf Richter • Oct 20, 2015 • 14 Comments This trade has become blood-soaked.
Saudi Arabia Cuts Spending, Slows Payments, Hits Spain Inc. by Don Quijones • Oct 20, 2015 • Comments Off on Saudi Arabia Cuts Spending, Slows Payments, Hits Spain Inc. Ugly for Spain’s over-indebted, liquidity-challenged construction giants.
Saudi, US Oil Inventories Hit Record High as Demand Fizzles by Wolf Richter • Oct 19, 2015 • 18 Comments Crude oil inventory buildup points at a potential fiasco by next spring.
The Dismal Thing Schlumberger Just Said about US Oil by Wolf Richter • Oct 18, 2015 • 27 Comments 2016 to be brutal. But then, dreams of “a potential spike in oil prices.”
Shell Oil Loses $7 Billion in US Arctic, Leaves it For Dead by Nick Cunningham • Sep 28, 2015 • 6 Comments Casualty of much more than just the oil price collapse.
This is When Bonds Go Kaboom! by Wolf Richter • Sep 27, 2015 • 17 Comments The toxic miasma of “distressed debt.”
‘Sanction Spiral’: Russian Natural Gas Exports to Europe Soar by Wolf Richter • Sep 25, 2015 • 10 Comments A collapsed price, a lot of money, and some shrewd traders.