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The Trump Administration is Reshaping the Country Under the Guise of National Security. The Energy Sector is Next.

Photo: Justin Merriman/Bloomberg/Getty Images THE TRUMP ADMINISTRATION IS RESHAPING THE COUNTRY UNDER THE GUISE OF NATIONAL SECURITY. THE ENERGY SECTOR IS NEXT. THE TRUMP ADMINISTRATION is unilaterally reshaping the United States under the cover of national security. The White House’s justification for its “zero tolerance” policy of separating families at the border was based on the president’s […]

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One Third Of Energy Companies Could Go Bankrupt Deloitte Warns As Credit Risk Hits Record High

One Third Of Energy Companies Could Go Bankrupt Deloitte Warns As Credit Risk Hits Record High  At 1600bps, the extra yield investors are demanding to take on US energy credit risk has never been higher. However, if a new report from Deloitte proves true, this is far from enough as they forecast roughly a third of oil producers […]

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When good loans go bad among junior energy companies

When good loans go bad among junior energy companies The energy sector is facing a season of pain as its loans are renegotiated. This is shaping up to be a deeply unpleasant autumn for junior energy companies and the banks that lent them hundreds of millions of dollars. “Everyone got hall passes until the fall, but the principal […]

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What’s Coming Unglued Now in Canada?

What’s Coming Unglued Now in Canada? Canada lumbered through the first half of 2015 in a “technical recession,” Statistics Canada confirmed this week, as GDP shrank in both quarters. Among the culprits: the swooning energy sector and an investment slump. Now everybody is lining up behind the hope that a sudden acceleration will put the […]

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Layoffs Surge As Oil Price Outlook Remains Sober

Layoffs Surge As Oil Price Outlook Remains Sober Lately the leaders of some of the world’s biggest energy companies have been saying oil prices will remain depressed for some time – perhaps for the next five years – and now they’ve decided to cut their costs in the most painful way possible: massive job cuts. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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