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The energy industry is an exciting marketplace. It is currently experiencing a revolution, especially in the US. Decades-long trends of rising consumption, declining production, and increasing imports for oil and natural gas are being reversed. The heightened environmental concern about greenhouse gases created an urgency to develop alternative energy solutions. There are many market dynamics and investment opportunities within the energy sector that are unique and not well understood by the wider investment communities.

We are a team of seasoned professionals with extensive knowledge in energy project development, investment valuation, and trading strategies in the energy industry. 

We approach energy investing with a macro view. We research the underlying drivers for the energy industry and study the inter-relations of various markets and subsectors to seek the best returns.  

We create value by

1. Exploiting our Edge: specialized knowledge and unique insight in the energy industry through careful research and interpretation of trends and data,

2. Sound Risk Management principles: balancing long/short exposure on commodities futures/equities to implement our relative value arbitrage strategy and generate superior return,

3. Discipline: execution of strategies backed by solid analysis and entry/exit planning.





Today in Energy

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Short, timely articles with graphics on energy facts, issues, and trends.

1 - U.S. coal exports set monthly record
2 - Apartments in buildings with 5 or more units use less energy than other home types
3 - Middle East leads global crude oil and condensate production; growth in North America
4 - U.S. crude oil production could reach 10 million barrels per day by 2040
5 - What caused the run-up in ethanol RIN prices during early 2013?
1 - U.S. coal exports set monthly record

Coal exports from the United States in March 2013 totaled 13.6 million short tons, nearly 0.9 million short tons above the previous monthly export peak in June 2012. EIA is projecting a third straight year of more than 100 million short tons of coal exports in 2013, following annual exports in 2011 of 107.3 million short tons and record annual exports in 2012 of 125.7 million short tons.

6/19/2013 9:00:00 AM

2 - Apartments in buildings with 5 or more units use less energy than other home types

Thirty percent of new home starts in 2012 were in apartment buildings with five or more units, the highest percentage since 1986 and up sharply from 18% in 2009 and 2010, according to the U.S. Census Bureau. About 17% of households (19 million) lived in apartment buildings with five or more units in 2009, up from 13% (11 million) in 1980, but they only accounted for 9% of home energy use in both years.

6/18/2013 9:00:00 AM

3 - Middle East leads global crude oil and condensate production; growth in North America

Growth in North American crude oil production (including lease condensate) contributed to record global production of 75.6 million barrels per day (bbl/d) in 2012 (see animated map). In 2012, global production increased by 2%, as production rebounded in Africa and Asia and accelerated in North America. The Middle East produced 24.1 million bbl/d of crude oil in 2012, the most of any region.

6/17/2013 9:00:00 AM

4 - U.S. crude oil production could reach 10 million barrels per day by 2040

Projected crude oil production in the United States ranges from 6 to 8 million barrels per day (bbl/d) over the next 30 years in the Annual Energy Outlook 2013 (AEO2013) Reference case projection. However, under greater supply assumptions, crude oil production is sustained at a higher level of about 10 million bbl/d between 2020 and 2040.

6/14/2013 9:00:00 AM

5 - What caused the run-up in ethanol RIN prices during early 2013?

Before 2013, Renewable Identification Number (RIN) prices for corn ethanol, which can be used to meet only the overall target for biofuels under the Renewable Fuel Standard (RFS) program, had consistently ranged between $0.01 per gallon to $0.05 per gallon, and were substantially lower than biodiesel RIN prices, which can meet multiple targets.

6/13/2013 9:00:00 AM


 

Oil and Gas

Oil and Gas

11/27/2012 3:30:00 PM

1 - Imperial to close Nova Scotia refinery, convert it to terminal
2 - UPDATE 1-Iraqi Kurds say new oil pipeline to Turkey to start soon
3 - UPDATE 3-Oil gains on lower US stockpile, all eyes on Fed
4 - UPDATE 1-Brent holds above $106, all eyes on Fed
5 - CORRECTED-Brent holds above $106, all eyes on Fed
6 - California senators want more information on oil well 'acid jobs'
7 - NYMEX-U.S. oil steady below $99 ahead of Fed announcement
8 - Algeria probes state power boss over Alstom, GE deals
9 - Lightning Round
10 - COMMODITIES-Little changed, markets await Fed outcome Wednesday
11 - Fast Money, June 18, 2013
12 - Commodities Tomorrow: Waiting for Ben
13 - UPDATE 7-Oil gains moderately, trading sluggish ahead of Fed
14 - Canada to make offshore oil producers pay more for spills
15 - UPDATE 2-More Russian oil flows to China in strategic shift from Europe
16 - Iraq excludes Kurds from ambitious 2014 oil output target
17 - A Few Voices Warn of US Energy Revolution 'Hype'
18 - UPDATE 3-Major natgas pipeline explodes in Louisiana, area evacuated
19 - UPDATE 6-Oil pares gains on profit taking ahead of Fed policy
20 - Pioneer Natural Jumps on Merrill Lynch Forecast
21 - Newfield Exploration rises as analyst upgrades co.
22 - 10 Most Expensive Hurricanes in US History
23 - Tesoro announces $75M sale of Hawaii refinery
24 - UPDATE 5-Oil hits $106 as strong U.S. data eases Fed jitters
25 - UPDATE 1-China takes cautious step towards carbon emissions trading
26 - Offshore oil industry experiments with remote control
27 - UPDATE 1-Brent hovers near 10-week high, Fed meeting in focus
28 - ANALYSIS-Companies may turn to courts on U.S. natural gas export push
29 - COLUMN-Indonesia's fuel subsidy cut is good, more still needed: Clyde Russell
30 - NYMEX-Oil inches up, but investors cautious ahead of Fed meeting
1 - Imperial to close Nova Scotia refinery, convert it to terminal

TORONTO, June 19- Imperial Oil Ltd said on Wednesday that it was unable to find a buyer for its refinery in Dartmouth, Nova Scotia, and will instead convert the facility into a terminal operation. Canada's largest oil refiner will take a non-cash charge of C $260 million to C $280 million in the second quarter related to closing the refinery.

6/19/2013 8:47:00 AM

2 - UPDATE 1-Iraqi Kurds say new oil pipeline to Turkey to start soon

*Natural gas exports to Turkey seen by 2016. LONDON, June 19- Iraqi Kurdistan will start a new oil pipeline to Turkey within months, its energy minister said, increasing the autonomous region's control over its resources in a dispute with Baghdad and raising its exports to world markets.

6/19/2013 7:53:00 AM

3 - UPDATE 3-Oil gains on lower US stockpile, all eyes on Fed

Violence in the Middle East and lower oil stockpiles in the United States supported prices. Brent futures for August delivery were up 50 cents to $106.52 a barrel by 0940 GMT and set for their highest close since April 4. U.S. crude for July delivery rose to a nine-month high of $99.01, before easing to $98.91, still up 47 cents.

6/19/2013 5:48:00 AM

4 - UPDATE 1-Brent holds above $106, all eyes on Fed

*Syria peace conference unlikely before Aug- source. SINGAPORE, June 19- Brent crude futures held above $106 a barrel on Wednesday as investors looked to a Federal Reserve meeting for clues on the outlook for a U.S. stimulus programme that has underpinned commodity prices. Brent futures for August delivery had gained 13 cents to $106.15 a barrel by 0522 GMT.

6/19/2013 1:47:00 AM

5 - CORRECTED-Brent holds above $106, all eyes on Fed

*Syria peace conference unlikely before Aug- source. SINGAPORE, June 19- Brent crude futures held above $106 a barrel on Wednesday as investors looked to a Federal Reserve meeting for clues on the outlook for a U.S. stimulus programme that has underpinned commodity prices. Brent futures for August delivery had edged down 1 cent to $106.01 a barrel by 0310 GMT.

6/19/2013 1:42:00 AM

6 - California senators want more information on oil well 'acid jobs'

SACRAMENTO, Calif., June 18- California state legislators on Tuesday told regulators and oil industry lobbyists they wanted more information about the use of acid to increase flows in wells in a technique that is used more often in the state than the controversial fracking method.

6/18/2013 11:31:00 PM

7 - NYMEX-U.S. oil steady below $99 ahead of Fed announcement

PERTH, June 19- U.S. oil prices were steady below $99 on Wednesday as investors waited for the U.S. *NYMEX crude futures for July delivery had risen 6 cents to $98.50 a barrel by 0053 GMT, after climbing to a nine-month high of $98.74 a barrel on Monday. *Brent crude rose 6 cents to $106.08 a barrel.

6/18/2013 8:57:00 PM

8 - Algeria probes state power boss over Alstom, GE deals

June 19- Algeria is investigating the head of its state power and gas utility, Sonelgaz, over contracts involving U.S. conglomerate General Electric Co and France's Alstom SA, sources told Reuters and Algerian local media reported. "The case is about inflating costs in deals with U.S. firm General Electric and French firm Alstom," one of the sources said.

6/18/2013 8:18:00 PM

9 - Lightning Round

You say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.

6/18/2013 6:40:00 PM

10 - COMMODITIES-Little changed, markets await Fed outcome Wednesday

Brent crude settled 55 cents higher at $106.02 per barrel after trading as high as $106.24. Front-month U.S. crude oil futures finished 67 cents higher at $98.44 per barrel, after reaching $98.61. The benchmark three-month futures contract in London ended at $7,005 a tonne, down from Monday's close of $7,082.

6/18/2013 5:50:00 PM

11 - Fast Money, June 18, 2013

CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.

6/18/2013 5:00:00 PM

12 - Commodities Tomorrow: Waiting for Ben

CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil extended its run today, while metals took it on the chin. Traders are watching Bernanke for indications that he'll taper sooner rather than later.

6/18/2013 4:00:00 PM

13 - UPDATE 7-Oil gains moderately, trading sluggish ahead of Fed

*Iraq says will bolster crude output. NEW YORK, June 18- Oil prices ended slightly higher on Tuesday in sluggish trading as the market awaited the Federal Reserve's policy statement on O/RWednesday that is expected to show whether it will reduce its monetary stimulus.

6/18/2013 3:36:00 PM

14 - Canada to make offshore oil producers pay more for spills

*New limit C $1 bln, up from C $30- 40 mln. CALGARY, Alberta, June 18- The Canadian government said on Tuesday it will raise the liability for oil spill cleanups off the country's east and Arctic coasts to C $1 billion, a more than twenty-five fold increase from its prior limit.

6/18/2013 3:11:00 PM

15 - UPDATE 2-More Russian oil flows to China in strategic shift from Europe

*Russian supplies to northern Europe fall most because of China. MOSCOW, June 18- Russia is steeply ramping up oil deliveries to China, with Asia now importing almost a fifth of oil exports from the world's largest crude producer in a strategic shift meant by the Kremlin to end reliance on weak and saturated European markets.

6/18/2013 2:22:00 PM

16 - Iraq excludes Kurds from ambitious 2014 oil output target

LONDON, June 18- Iraq aims to ramp up oil production by nearly 45 percent by the end of next year- without any input from its autonomous Kurdistan region- which suggests a lasting compromise in their long-running oil feud may be a way off.

6/18/2013 1:38:00 PM

17 - A Few Voices Warn of US Energy Revolution 'Hype'

With expectations for true U.S. energy independence so high, could the shale boom lead to bust?

6/18/2013 1:37:00 PM

18 - UPDATE 3-Major natgas pipeline explodes in Louisiana, area evacuated

*Florida gas prices up, in line with other regions. June 18- A major natural gas pipeline exploded on Tuesday in Washington Parish, Louisiana, destroying a mobile home and causing an evacuation of the area but no injuries were reported, local officials said.

6/18/2013 1:21:00 PM

19 - UPDATE 6-Oil pares gains on profit taking ahead of Fed policy

*Market keeps an eye on standoff in Syria, fears growing conflict. NEW YORK, June 18- Oil prices were moderately higher on Tuesday after paring earlier gains made on positive U.S. economic data. Global financial markets have been on edge since Fed Chairman Ben Bernanke suggested the central bank would be looking to pull back its stimulus program.

6/18/2013 12:19:00 PM

20 - Pioneer Natural Jumps on Merrill Lynch Forecast

Pioneer Natural surged after analysts added the oil and gas exploration company to its "best ideas" list.

6/18/2013 12:17:00 PM

21 - Newfield Exploration rises as analyst upgrades co.

NEW YORK-- Newfield Exploration's stock rose Tuesday as an analyst raised the oil and natural gas company's rating, citing an international asset sale and potential growth in core areas. THE SPARK: Amir Arif of Stifel Nicolaus lifted Newfield Exploration Co. to "Buy" from "Hold" and established a $29 price target.

6/18/2013 11:43:00 AM

22 - 10 Most Expensive Hurricanes in US History

What are the all-time costliest hurricanes to have ever hit the U.S.?

6/18/2013 10:46:00 AM

23 - Tesoro announces $75M sale of Hawaii refinery

HONOLULU-- Tesoro Corp. said Monday it has agreed to sell its refining operations in Hawaii to Par Petroleum Corp. for $75 million plus the market value of its working capital. The deal expected to close in the third quarter comes after Tesoro told Hawaii state officials in May that it would lay off 165 workers at the Kapolei refinery.

6/18/2013 10:31:00 AM

24 - UPDATE 5-Oil hits $106 as strong U.S. data eases Fed jitters

*Market keeps an eye on standoff over Syria. LONDON, June 18- Oil rose above $106 a barrel on Tuesday after data pointing towards a strengthening U.S. economy eased some concerns ahead of the Federal Reserve's meeting on its stimulus plan.

6/18/2013 9:13:00 AM

25 - UPDATE 1-China takes cautious step towards carbon emissions trading

BEIJING, June 18- China launched its first pilot carbon emissions exchange on Tuesday, though plans for a nationwide roll out and efforts to apply the scheme to some polluting heavy industries could be undermined by a slowdown in the world's No.2 economy.

6/18/2013 4:47:00 AM

26 - Offshore oil industry experiments with remote control

*BP controlling wells at Valhall offshore field from land. *Norway is testing ground for new method. Unions say the move endangers safety, a top focus of regulators and the industry since BP's Macondo accident in the Gulf of Mexico in 2010, which killed 11 people and resulted in a massive oil spill.

6/18/2013 4:14:00 AM

27 - UPDATE 1-Brent hovers near 10-week high, Fed meeting in focus

*Market keeps an eye on standoff over Syria. At 0446 GMT, Brent was up 5 cents at $105.52 a barrel. U.S. oil added 5 cents to $97.82 after hitting a nine-month high near $99 a barrel in the previous session.

6/18/2013 1:32:00 AM

28 - ANALYSIS-Companies may turn to courts on U.S. natural gas export push

WASHINGTON, June 18- U.S. companies hoping to export natural gas are frustrated by lengthy delays and rule changes as they await U.S. Department of Energy approval of their applications and may turn to the courts to speed up the process.

6/18/2013 12:59:00 AM

29 - COLUMN-Indonesia's fuel subsidy cut is good, more still needed: Clyde Russell

--Clyde Russell is a Reuters market analyst. Indonesia has joined China, the region's biggest oil consumer, and India, the third-largest, in moving toward market-based pricing for transport fuels.

6/18/2013 12:13:00 AM

30 - NYMEX-Oil inches up, but investors cautious ahead of Fed meeting

*NYMEX crude futures for July delivery had added 21 cents to $97.98 a barrel by 0030 GMT. *Production at Norway's Oseberg field and several adjunct fields in the North Sea was shut early on Monday and it was unclear when it would restart, its operator Statoil said on Monday.

6/17/2013 9:26:00 PM