Investments in oil – nothing is really constant

Any market involving calculations, speculations and guesswork becomes unpredictable and inconsistent over time. Even the most lucrative market, the oil industry, has been showing signs of inconsistency over the past few years. Though the oil market is well exposed to investors and well explored by them, there are some facts which they still need to know. Because of these fluctuations, the media...
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Obama proposes highway bill

US President Barack Obama will be proposing a 6 year highway bill which will set the policies for surface transportation over the coming decade. He will propose the bill this year. Many believe this policy is in response to the current situation of steadily rising oil prices and the so-called “knock-on” effect such elevated prices are expected to have on the economy.  People are...
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The Investor and Global turmoil

The present situation that is prevailing all across the globe is not very encouraging for any individual. First it was the near-economic depression that had brought nations to their knees. Now it is the turmoil and unrest that is prevailing in the Middle East which is fueling worldwide sentiments. All these years, ever since the start of the recession, global economies have tumbled and stock...
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Hotspots for oil investments – Africa and the Atlantic

Tudor, Pickering and Holt LLC, leading energy investment bank, recently declared that the political agitations prevailing in North Africa has made many oil exploration and production investors shift their focus towards South America and Africa. Anish Kapadia, the director of London Bank, recently mentioned in an interview that the eastern parts of Africa have commenced an offering of quite...
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Today in Oil News 2/26/11

An order to pay $8.5 billion to Chevron Oil giant Chevron has been ordered to pay in pollution damages more than $8.5 billion by a court in Ecuador. The company agreed to pay $2.7 billion for a well-support department of Britain’s John Wood Group PLC. It is a very big operation, with around 3,700 employees across the world and about $1 billion of annual revenue. This company specializes in...
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