Latest Investment Strategy News

Foreign investors play increasing role in US shale development

05/01/2013

Investors from outside the United States are playing an increasingly vital role in the US tight oil and shale natural gas industry, according to the US Energy Information Administration.

Global impact of North American shale gas boom forces Qatar to shift focus

04/16/2013

The global impact of the US shale gas boom was in further evidence this week as Qatar Petroleum, along with its MOU partner, Centrica, made its first move into the North American E&P market in a $1 billion acquisition of Canadian assets from Suncor Energy. North America had been earmarked by Qatar as a guaranteed market to sell its copious LNG export capacity in, but the US Shale boom has turned this idea on its head, as the middle-eastern NOC becomes the latest foreign power to move into the North American E&P arena.

IPAA launches 'Energy Tax Facts' campaign

04/11/2013

The Independent Producers Association of America (IPAA) has launched a new educational campaign, Energy Tax Facts. This campaign and website (http://energytaxfacts.com) will explain the often complicated tax provisions and policies that apply to American independent producers.

Poll: Support for hydraulic fracturing exceeds opposition

04/11/2013

A recent University of Texas poll asked respondents what they thought about a variety of energy issues, not the least of which was hydraulic fracturing. Interestingly, the poll actually shows how anti-energy activists are losing in their misinformation campaign against responsible shale development.

Vean Gregg taking leave from JPM, new energy banking leaders named

04/09/2013

J. P. Morgan reports that Vean Gregg, who has played an important role in building the firm’s oil and gas business, will take a “sabbatical” from the firm, beginning in June.

Court holds that BLM violated NEPA

04/09/2013

A US District Court in Northern California has held that the US Bureau of Land Management violated the National Environmental Policy Act in its environmental assessment of federal leases in California by unreasonably relying on an earlier single-well development scenario that failed to adequately consider the development impact of fracking when used in combination with horizontal drilling techniques.

JV created to acquire majority stake in new LNG-fueled power plant in Singapore

04/09/2013

First Pacific Co. Ltd. of Hong Kong and Manila Electric Company of the Philippines have created a joint venture vehicle – FPM Power Holdings – to acquire a majority interest in a new 771-megawatt, LNG-fueled power plant in Singapore.

SandRidge Energy promotes Lawler to COO

04/08/2013

Oklahoma City-based SandRidge Energy Inc. (NYSE: SD) has appointed David C. Lawler as COO.

Lukoil to buy Hess's Russian subsidiary for US$2 billion

04/02/2013

OAO Lukoil has signed an agreement with New York-based Hess Corp. to acquire 100% of Hess’s Russian subsidiary, Samara-Nafta, for $2.05 billion.

Salary guide: US oil and gas professionals among the world's highest paid

04/02/2013

Oil and gas industry professionals based in the United States are the 6th best rewarded in the world, according to the Oil and Gas Global Salary Guide 2013 produced annually by expert recruiters Hays Oil & Gas and the jobsite, Oil and Gas Job Search.

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Latest Oil & Gas Hedging News

Laredo Petroleum de-risking acreage in Wolfcamp zones and Cline shale

AN INTERVIEW WITH RANDY FOUTCH, CHAIRMAN AND CEO OF LAREDO PETROLEUM

Hedging is an effective risk management tool for upstream companies

Commodity price volatility has always been with us and is the single biggest variable in forecasting EBIT for non-integrated independent exploration and production companies.

The bright shining lie between hedging and speculation

Hedging is good. Speculating is bad. That seems to be the zeitgeist. In the US, the Dodd-Frank financial overhaul goes so far as to bar banks from proprietary trading, speculation by another name.

Crimson Exploration refinances second lien facility

Crimson Exploration expanded its second lien facility and extended its maturity by three years.