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Who Are The Biggest Buyers Of U.S. Oil?

Exports of U.S. petroleum and…

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Is OPEC Considering Deeper Output Cuts?

You could argue OPEC and…

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IEA: Oil Prices To Hit A Ceiling In 2018

Global oil markets appear to…

News

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Chinese Dam and Pipeline Projects Raise Burmese Tensions

Jun 18, 2011 at 17:44 | Joao Peixe

Lucrative China-backed hydropower projects are raising tensions along Burma’s northern border with China. Environmental groups claim that the Burmese government's against armed ethnic groups along its northern frontier is intended…

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Russia Remains Committed to Burgas-Alexandroupolis Oil Pipeline

Jun 18, 2011 at 09:36 | Charles Kennedy

Russian Deputy Energy Minister Anatoli Ianovskii told journalists during an Energy Ministry conference at the St. Petersburg Economic Forum that Russia remains committed to the Burgas-Alexandroupolis oil pipeline. Speaking at…

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Kazakhstan's Tengizchevroil to Expand Oil Production

Jun 17, 2011 at 20:27 | Charles Kennedy

Kazakhstan’s Tengizchevroil has announced plans to invest $20 billion to expand oil production at its Tengiz (Kazakh for ‘sea”) oil field. The Tengiz “super” oil field is one of the…

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Russian Oil Company Lukoil Seeks Re-Entry to Iraq

Jun 16, 2011 at 20:35 | Charles Kennedy

Russia, blindsided by the March 2003 U.S.-led invasion, is seeking to revive previous Iraqi opportunities. Excluded from Iraq by the U.S.-led March 2003 invasion, Russia’s Lukoil is planning to invest…

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China Looks Increasingly Towards Renewables

Jun 16, 2011 at 20:34 | Joao Peixe

The Offshore Wind China 2011 Conference and Exhibition is scheduled to be held at Shanghai New International Expo Centre on 15-17 June. The event is Asia's largest renewable wind-power event.…

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Lithuania, U.S. Company Discuss Shale Gas Production

Jun 16, 2011 at 19:33 | Joao Peixe

Lithuanian Energy Minister Arvydas Sekmokas disclosed on 14 June that he had held talks with a U.S. company about beginning shale natural gas production in the energy-poor Baltic state. Citing…

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Following Fukushima, India Slows Nuclear Development

Jun 16, 2011 at 18:54 | Charles Kennedy

Resource-poor India proposes to increase its nuclear electrical power capacity to 63,000 megawatts by 2032. In the wake of Japan’s March Fukushima catastrophe New Delhi is reviewing its plans. Across…

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Russian Expert Criticizes Bulgaria's Proposed Belene Nuclear Plant's Cost

Jun 16, 2011 at 16:34 | Charles Kennedy

One of the most contentious issues since the 1991 implosion of the USSR and the end of the Kremlin’s protectorate over Eastern Europe has been the fate of aging Soviet-era…

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Debate Over Ethanol Subsidies Heats up in Washington

Jun 15, 2011 at 22:22 | Charles Kennedy

Washington currently provides approximately $5 billion worth of annual tax credits to U.S. farmers growing crops for ethanol production. The question of ending the subsidies is fracturing the Republican leadership…

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Natural Gas Issues Inflame Palestinian-Israeli Dispute

Jun 15, 2011 at 21:13 | Charles Kennedy

Massive potential natural gas fields off the Gaza Strip in the Mediterranean are complicating Israeli and Palestinian peace negotiations. Earlier this week Israel's Ministry of National Infrastructure authorized Noble Energy,…

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