• 25 mins Bidding Action Heats Up In UK’s Continental Shelf
  • 5 hours Keystone Pipeline Restart Still Unknown
  • 9 hours UK Offers North Sea Oil Producers Tax Relief To Boost Investment
  • 11 hours Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
  • 13 hours Trader Trafigura Raises Share Of Oil Purchases From State Firms
  • 15 hours German Energy Group Uniper Rejects $9B Finnish Takeover Bid
  • 16 hours Total Could Lose Big If It Pulls Out Of South Pars Deal
  • 18 hours Dakota Watchdog Warns It Could Revoke Keystone XL Approval
  • 1 day Oil Prices Rise After API Reports Major Crude Draw
  • 2 days Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 2 days Gazprom Speaks Out Against OPEC Production Cut Extension
  • 2 days Statoil Looks To Lighter Oil To Boost Profitability
  • 2 days Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 2 days Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 2 days Whitefish Energy Suspends Work In Puerto Rico
  • 2 days U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 2 days Thanksgiving Gas Prices At 3-Year High
  • 2 days Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 2 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 3 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 3 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 3 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 3 days ConocoPhillips Sets Price Ceiling For New Projects
  • 5 days Shell Oil Trading Head Steps Down After 29 Years
  • 5 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 5 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 6 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 6 days Venezuela Officially In Default
  • 6 days Iran Prepares To Export LNG To Boost Trade Relations
  • 6 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 6 days Saudi Oil Minister: Markets Will Not Rebalance By March
  • 6 days Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 6 days Rosneft Announces Completion Of World’s Longest Well
  • 7 days Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 7 days Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 7 days Ecuador Seeks To Clear Schlumberger Debt By End-November
  • 7 days Santos Admits It Rejected $7.2B Takeover Bid
  • 7 days U.S. Senate Panel Votes To Open Alaskan Refuge To Drilling
  • 7 days Africa’s Richest Woman Fired From Sonangol
  • 7 days Oil And Gas M&A Deal Appetite Highest Since 2013
Can OPEC Control The Oil Bulls In Vienna?

Can OPEC Control The Oil Bulls In Vienna?

The OPEC meeting is now…

OPEC Sees Oil Demand Soaring In 2018

OPEC Sees Oil Demand Soaring In 2018

OPEC's latest monthly oil report…

Energy / Crude Oil

The Death of BP?

The Death of BP?

Jun 06, 2010 at 11:36 | Robert Rapier

It was about six weeks ago that the man I work for walked into my office and asked what was happening in the world of energy. “This oil leak in…

Big Oil is Paying

Big Oil is Paying

Jun 06, 2010 at 11:15 | Allen Gilmer

In 2006, when I wrote this, and culled directly from their 10K, ExxonMobil paid $30.7 billion in excise taxes, $41.6 billion in other "taxes and duties", and $59.4 billion in…

Middle East producers see more heavy oil in their future

Middle East producers see more heavy oil in their future

Jun 05, 2010 at 06:08 | Darrell Delamaide

Middle East oil countries should increase production of heavy oil as oil prices remain higher and improved technology makes it easier, those attending an industry conference in Bahrain were told.…

Our Unhealthy Addiction to Oil

Our Unhealthy Addiction to Oil

Jun 01, 2010 at 07:50 | Robert Bryce

The Deepwater Horizon disaster in the Gulf of Mexico is providing barrels of new ammunition to pundits on both the Right and the Left who contend we have to end…

Canada’s Oil Sands Set to Become Biggest Source of U.S. Oil Imports, Report Says

Canada’s Oil Sands Set to Become Biggest Source of U.S. Oil Imports, Report Says

May 24, 2010 at 15:03 | Darrell Delamaide

Canadian oil sands will probably become the No. 1 source of U.S. crude oil imports this year, and could make up more than a third of the nation’s oil…

Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters

Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters

May 06, 2010 at 09:11 | Darrell Delamaide

While the oil spill from a sunken drilling rig in the Gulf of Mexico threatens to become an environmental disaster, plans are proceeding for opening up new drilling territories in…

Gulf Oil Spill Threatens Halt to White House Offshore Drilling Plans

Gulf Oil Spill Threatens Halt to White House Offshore Drilling Plans

May 04, 2010 at 09:54 | Darrell Delamaide

The oil spill in the Gulf of Mexico from a collapsed offshore drilling rig could affect White House plans to extend offshore drilling, press secretary Robert Gibbs acknowledged as the…

Where would we be without offshore oil?

Where would we be without offshore oil?

May 03, 2010 at 12:20 | James Hamilton

As oil continues to pour into the Gulf of Mexico, I thought it might be helpful to review how we got where we are today. The graph below shows total…

Iran Storing Oil at Sea Due to Weak Demand

Iran Storing Oil at Sea Due to Weak Demand

Apr 16, 2010 at 19:00 | Business Insider

Iran, the world's fifth-largest oil producing nation, is increasing the amount of oil is stores in tankers at sea. Iranian officials say this is due to refinery overhauls and seasonality,…

Chinese Purchase of Oil Sands Stake Could Revalue Resource

Chinese Purchase of Oil Sands Stake Could Revalue Resource

Apr 11, 2010 at 19:00 | Darrell Delamaide

The acquisition of a 9% stake in the Syncrude oil sands venture by China’s Sinopec for $4.65 billion – substantially more than expected – could pave the way for a…

Oilprice - The No. 1 Source for Oil & Energy News