The End of Oil

An examination of what the end of oil could mean for the world.

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Videos

INN VIDEO: Keith Schaefer on High-risk Junior Oil and Gas Plays

At PDAC 2013, Keith Schaefer, editor and publisher of Oil & Gas Investments Bulletin, spoke with INN Editor Vivien Diniz about why junior oil and gas explorers are being pushed into frontier regions, why condensate is important and why oil prices are going to drop this year.

Company News

Chevron Profits Rise Amid Oil Downturn

Chevron Corp. saw its third quarter net income rise for the first time in three years as refining oil into fuels helped returns as the market struggles with the worst crude market of the decade.

Super Nova Petroleum Reports Initial Augusta Krone 31-32 Results

Super Nova Petroleum Reports Initial Augusta Krone 31-32 Results

Super Nova Petroleum (TSX:SNP,OTC Pink:SNOVF) announced that it's Augusta Krone 31-32 exploration well has reached a depth of 7,400. The well penetrated the targeted Bakken shale formation on October 25 with initial results indicating the discovery of oil. Super Nova is a 20 percent owner of this well.

Hinto Energy Announces Agreement to Drill Oil Well in Medina

Hinto Energy Announces Agreement to Drill Oil Well in Medina

Hinto Energy (OTCQB:HENI) announced it has come to an agreement about taking a 75 percent stake in an exploratory well to be drilled in Medina County, Ohio. Hinto will also have the interest in any future wells developed on the property, with the operator planning to drill and complete the first well during the fourth quarter of 2014.

Taipan Resources Secures Greatwall Drill Rig for Badada Well

Taipan Resources (TSXV:TPN,OTCQX:TAIPF) announced that its Kenya based subsidiary Lion Petroleum has entered into a letter of intent with Greatwall drilling to use its GW-190 rig for the planned Badada well. The Badada well is targeting 251mmbbl of oil in the Tertiary rift play.

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Company Videos

INN Video: Chris Cooper of Aroway Energy Inc.

Aroway Energy (TSXV:ARW,OTCQX:ARWJF) President & CEO Chris Cooper spoke with Resource Investing News about its unique position in the oil and gas space.

Market News

Lower Oil Prices Forces Reassessment of US Shale Boom

With dropping oil prices - hitting $79.78 on Oct. 16, the lowest price since June 2012 - analysts are re-evaluating the economic forecast of the shale oil boom in the United States.

Oil Drops to Four-Year Low, Below $83 a Barrel

The price of oil plummeted to a four-year low, falling more than a dollar a barrel on Thursday as concerns over the global economy and a supply glut continued to wreak havoc with it.

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