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Breaking News:

Chevron To Invest $4B In Permian Production

Heavy Crude Production Hit Hard By OPEC Cuts

Heavy Crude Production Hit Hard By OPEC Cuts

The global crude oil supply…

The Single Biggest Player In The Electric Car Market

The Single Biggest Player In The Electric Car Market

The announcement from China last…

Energy

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What Most Peak Oil Believers are Failing to Consider

Jul 14, 2010 at 02:52 | Al Fin

A lot of otherwise normal, well-functioning persons are firm believers in the idea that global oil production has irrevocably peaked -- or is soon to peak irrevocably. Whether such a…

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Lloyd’s Research Paper Warns of Peak Oil Crunch

Jul 13, 2010 at 13:02 | Darrell Delamaide

The Lloyd’s insurance market in London added its voice to those warning about dependence on oil with the release of a research paper that predicted a supply crunch and price…

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European Power Plants Win Reprieve on Emissions

Jul 12, 2010 at 03:30 | Philippa Jones

The European Parliament voted overwhelmingly on Wednesday to adopt the Industrial Emissions Directive, after agreeing a compromise position that will give power plants extra time to comply with stricter levels…

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Crude Oil Tracks Stocks Upwards to Close Week Above $76 a Barrel

Jul 10, 2010 at 04:46 | Darrell Delamaide

Oil Market Summary for 07/05/2010 to 07/09/2010. Crude oil futures finished the week on a positive note, tracking stocks upward after hitting the low for a month earlier in the…

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A look at China’s Growing Demand for Oil

Jul 10, 2010 at 04:40 | The Oil Drum

In my last post, we looked at the supply of oil in the US Energy Information Administration's (EIA's) recently released International Energy Outlook (IEO), which many consider the EIA's definitive…

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Ownership of Offshore Israel Gas Deposits Speculative Without Further Drilling

Jul 09, 2010 at 11:53 | Fawzia Sheikh

While offshore natural gas discoveries have spurred Lebanese and Israeli saber-rattling in a region widely viewed as rich in energy resources, a London analyst said it is too early to…

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Shale Gas and LNG

Jul 09, 2010 at 06:37 | Dave Forest

This week, Australia's Beach Energy signed an MOU with Japanese commodities brokers Itochu to examine the possibility of building an LNG plant fed by shale gas from Beach's tenements in…

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China Plans New Energy Resource Tax, Infrastructure Spending in Western Provinces

Jul 09, 2010 at 06:36 | Darrell Delamaide

Chinese officials announced plans to develop the country’s western provinces as the center of its energy industry and reformed the resource tax on oil, coal and natural gas extraction so…

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Dwindling Resources and Why Population Growth Must Stop

Jul 08, 2010 at 02:50 | The Oil Drum

Earth’s population is approaching seven billion at the same time that resource limits and environmental degradation are becoming more apparent every day. Rich nations have long assured poor nations that…

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Looking for Value at Occidental Petroleum (OXY)

Jul 07, 2010 at 05:12 | Mad Hedge Fund Trader

While a student at UCLA in the early seventies, I took a World Politics course which required me to pick a country, analyze its economy, and make recommendations for its…

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