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Breaking News:

Two Oil Giants Merge In $7.45 Billion Deal

Oil Prices Inch Higher As Libya Closes Crude Export Terminal

Oil Prices Inch Higher As Libya Closes Crude Export Terminal

Oil prices increased slightly after…

Are Oil Bulls About To Be Burned Again?

Are Oil Bulls About To Be Burned Again?

Oil markets have just seen…

Energy / Energy-General

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ConocoPhillips Sheds Assets to Focus on US Shale

Mar 05, 2013 at 15:32 | Jen Alic

Seeking to balance out its portfolio and focus more solidly on US unconventional plays, ConocoPhillips (NYSE: COP) is divesting billions of dollars of its stakes in the Australia Pacific LNG…

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The EIA Says Now is the Time to Drop Fossil Fuel Subsidies

Mar 05, 2013 at 15:31 | James Hamilton

With domestic oil production soaring, and petroleum and coal sector profits rising at a rapid clip, now seems the right time to cut back on tax expenditures related to oil…

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This Week in Energy: Sequester Day - What it Means for the Energy Sector

Mar 01, 2013 at 12:11 | James Stafford

Happy Sequester Day—but don’t’ expect any celebration from the energy industry; Forbes outs California as home to the two dirtiest cities in the US; China gets its hands on more…

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The Hottest, Smartest Oil & Gas Investment: M2M

Mar 01, 2013 at 10:01 | Editorial Dept

Smart grid technology had everyone excited a few years back but 2010 and 2011 were rather anticlimactic. The problem was that it wasn’t smart enough - it was all over…

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Last Stops on the East Africa Oil & Gas Frontier: Eritrea, Ethiopia

Mar 01, 2013 at 09:53 | Editorial Dept

Eritrea is most likely sitting on massive oil and gas reserves, but the government doesn’t seem to be too interested in exploiting them—for now. At the same time, neighboring Ethiopia…

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DRC: Congo Investors Beware of 'peace-means-war' deal

Mar 01, 2013 at 09:33 | Editorial Dept

Bottom Line: A DRC “peace” deal signed in Ethiopia last week is a “war” deal that will see the creation of a UN-backed “military brigade” of 2,000-2,500 South African troops…

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Is There Oil in 'Kryzakhstan'? Ask John Kerry

Feb 28, 2013 at 17:04 | Jen Alic

It wasn’t exactly a propitious start for new US Secretary of State John Kerry on his first foreign trip when he referred to “Kyrzakhstan”, where US diplomats are ostensibly working…

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Oil & Gas Salaries Rise Amid Economic Slump

Feb 27, 2013 at 17:04 | Jen Alic

The oil and gas industry saw an overall increase in wages and benefits in 2012, according to the 2013 Oil & Gas Global Salary Guide.  The report, published by Oil…

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Ghana: Record Move from Discovery to Production

Feb 27, 2013 at 17:00 | Editorial Dept

(This report is part of Oilprice.com’s premium publication Oil & Energy Insider. Oil & Energy Insider gives subscribers an information advantage when investing, trading or doing business in the…

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With Rail Interest, Who Needs Keystone XL?

Feb 25, 2013 at 17:01 | Daniel J. Graeber

The amount of crude oil delivered by rail in the United States set a record last year by an overwhelming margin. The U.S. Energy Department said it expects domestic crude…

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