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Published 17 June 2013 | viewed 1,517 times
A mixed picture is starting to emerge from the Middle East in terms of oil production. Several members of the 12-member OPEC oil cartel are…
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Published 16 June 2013 | viewed 1,238 times
Crude oil prices rebounded to above the $100 per barrel mark last week on concerns the Syrian crises may be entering a new international phase.…
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Published 12 June 2013 | viewed 1,644 times
Oil production from OPEC-member Libya, a leading African oil producer, hasn't recovered from civil war. The state oil company said it wasn't able to return…
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Published 10 June 2013 | viewed 2,501 times
Pakistan says it can't let geopolitical concerns interfere with its quest to find ways to keep the lights on. A planning minister said last weekend…
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Published 09 June 2013 | viewed 3,648 times
The United States could try to work out a deal that would end ongoing tit-for-tat disputes over trade in solar energy products. Last week, the…
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Published 05 June 2013 | viewed 3,364 times
Oil priced at around $100 per barrel means Iran for May was out around $300 million in oil revenue because of Western economic sanctions. A…
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Published 03 June 2013 | viewed 2,082 times
More than 97,000 rail carloads of crude oil were delivered in the United States during the first quarter of the year. That's 20 percent more…
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Published 02 June 2013 | viewed 1,764 times
China's national oil company said it's finished building six new oil storage tanks on a tiny island off the coast of Myanmar. More work is…
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Published 29 May 2013 | viewed 1,934 times
The incoming administration in Pakistan wants to pay off enough debt to finance a rebound in electricity. Most Pakistanis cope with blackouts that can last…
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Published 27 May 2013 | viewed 1,850 times
Canadian Natural Resources Minister Joe Oliver said natural resources are the cornerstone of the federal and provincial economies. The U.S. economy, on the road to…
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Published 26 May 2013 | viewed 1,412 times
Asian economies this year have relied less on Iranian oil to meet their energy demands. India's economy slowed down considerably in part because of tighter…
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Published 22 May 2013 | viewed 2,904 times
MIT physicist Ernest Moniz became the new energy secretary this week after sailing through the nomination process relatively unscathed. His appointment comes at a time…
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Published 21 May 2013 | viewed 2,221 times
Exxon Mobil hasn't asked federal regulatory authorities to restart the Pegasus oil pipeline, which burst open in a neighborhood in Mayflower, Ark. In March, a…
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Published 19 May 2013 | viewed 1,485 times
The U.S. Energy Department last week said it gave conditional authority for a facility in Texas to eventually export liquefied natural gas. New drilling technologies…
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Published 15 May 2013 | viewed 1,895 times
The United States needs to make some decisions on how to capitalize on its surging oil production. Crude oil exports, except under certain circumstances, were…
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Published 13 May 2013 | viewed 2,744 times
Libyan Oil Minister Abdel Bari Ali al-Arousi said his country was ready to recover from civil war and take its rightful place as the powerhouse…
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Published 10 May 2013 | viewed 2,827 times
The wealthiest man in Africa said he's secured billions of dollars in loans to help kick start the refinery business in Nigeria. OPEC-member Nigeria is…
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Published 09 May 2013 | viewed 2,704 times
The Iraqi and Libyan governments said they would help Egypt cope with its economic crisis by offering up crude oil exports. The Egyptian government of…
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Published 06 May 2013 | viewed 1,938 times
The Ukrainian government said it wants to allay European concerns over natural gas supplies by serving as a regional energy hub. Conclusions reached during a…
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Published 05 May 2013 | viewed 5,395 times
Growing security risks in the Middle East are giving oil companies the jitters. French supermajor Total said recently that it was spending more on security…
