Post Profile






New Mega Oil Discovery In Alaska Could Reverse 3 Decades Of Decline

Submitted by Nick Cunningham via OilPrice.com, A small company just announced that it has made a “world-class” oil discovery in Alaska, which could be the largest find in the state in years. Caelus Energy LLC, a small company backed by private equity, says that it has discovered oil on Alaska’s northern coast. The field could hold as much as 6 billion barrels of oil, with about 1.
read more

share

Related Posts


Impatient Banks: A Real Red Flag For The Oil Patch

Business & Finance : Zero Hedge

Submitted by Nick Cunningham via OilPrice.com, Lenders to the oil and gas industry have been extraordinarily lenient amid the worst downturn in decades, allowing indebted companies to survive a little while longer in hopes of a rebo...

Why So Much Oil Price Volatility? Blame The Speculators

Business & Finance : Zero Hedge

Submitted by Nick Cunningham via OilPrice.com, Oil prices crashed last week only to rebound at lightning speed. On August 28, oil prices surged 10 percent, the largest one-day gain in seven years. So, what happens next for oil price...

Clean Energy Presents "Perfect Storm" For Utilities

Business & Finance : Zero Hedge

Submitted by Nick Cunningham via OilPrice.com, A new report from UBS finds that renewable energy and energy storage are together presenting a “perfect storm” for big utilities. The declining cost of solar, energy efficiency, and ele...

Small, Unknown Company Strikes Big Oil In Alaska

Business & Finance : Forbes: Business

A small, relatively unknown company, Caelus Alaska LLC, has discovered 6 million barrels of oil, in what could be one of the largest oil discoveries in Alaska's history,

Oil's Biggest Threat: 'Peak Demand' Within 15 Years?

Business & Finance : Zero Hedge

Submitted by Nick Cunningham via OilPrice.com, For more than two years the oil industry has suffered through its worst down cycle since the 1980s, and relief may not come until the middle of 2017 at the earliest. Some argue that oil...

Comments


Copyright © 2016 Regator, LLC