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Iraq Could Complicate OPEC Extension

Iraq Could Complicate OPEC Extension

Despite several large announcements, oil…

China Teapot Refineries Lobby For Fuel Export Ban Removal

China Teapot Refineries Lobby For Fuel Export Ban Removal

Independent Chinese refineries, known as…

Energy

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A Look at the Exploration Business and Mining Economics

Jan 18, 2010 at 17:12 | Dave Forest

We spend a lot of money looking for mines. Drilling, trenching, sampling, assaying, metallurgical testing, running geophysical surveys, taking soil geochemistry samples. All of these things are necessary to locate…

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Oil Prices Fall as Winter Premium Melts Away

Jan 16, 2010 at 15:28 | Darrell Delamaide

Oil Market roundup: 11/01/2010 to 15/01/2010. Crude oil futures fell for five straight sessions as warmer weather in the U.S. dispelled forecasts of unusually low temperatures and allowed concerns about…

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Canada's Oil Sands, Tarnished Images and Dirty Commodities

Jan 15, 2010 at 16:29 | Editorial Dept

“When you think of Canada, which qualities come to mind: the world's peacekeeper, the friendly nation, a liberal counterweight to the harsher pieties of its southern neighbour, decent, civilised, fair,…

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A Disobliging Update on the Price of Oil

Jan 09, 2010 at 16:21 | Ferdinand E. Banks

There still seems to be a deplorable uncertainty about the future price of the most important commodity in the world. A few months ago Philip Verleger – now apparently guest…

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What Happens When the Wells Run Dry?

Jan 08, 2010 at 16:55 | Claude Salhani

One nagging question that the industrial world has been asking itself since the discovery of the first oil well is what happens when the wells begin to run dry. The…

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A Gas Company Revolutionizes Canadian Oil

Jan 06, 2010 at 17:07 | Dave Forest

The next big thing is here in the Canadian oil patch. I wrote a few weeks ago that a number of new Alberta and Saskatchewan petroleum plays are being poked…

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Clean Coal - Not as Clean as We Thought

Dec 30, 2009 at 14:42 | Editorial Dept

Is the term “clean coal” an oxymoron?  That’s a hot question for politicians, the energy industry and environmentalists, alike.  While the words seem intuitively clear, the meaning of the term,…

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Petro Unfriendly California Changing it's Stance on Oil

Dec 30, 2009 at 14:18 | Dave Forest

The financial crisis changed the way people think. At least some people. In North America, the bursting of the housing bubble dispelled the myth you could get rich simply by…

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Exxon's Built in Escape Hatch From the Shale Gas Game

Dec 29, 2009 at 20:36 | Dave Forest

ExxonMobil's buyout of XTO Energy was the story of December. It might be the story of 2009. But equally important are the details now emerging about the deal. Particularly the…

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The Natural Gas Sector, Shale Gas & Exxon's $31 Billion Takeover of XTO Energy

Dec 15, 2009 at 19:51 | Dave Forest

Yesterday's big news in the commodities world was Exxon's $31 billion takeover of XTO Energy. The acquisition is a big endorsement by the world's largest energy company. The majority of…

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