• 2 hours Senior Interior Dept. Official Says Florida Still On Trump’s Draft Drilling Plan
  • 4 hours Schlumberger Optimistic In 2018 For Oilfield Services Businesses
  • 6 hours Only 1/3 Of Oil Patch Jobs To Return To Canada After Downturn Ends
  • 9 hours Statoil, YPF Finalize Joint Vaca Muerta Development Deal
  • 10 hours TransCanada Boasts Long-Term Commitments For Keystone XL
  • 12 hours Nigeria Files Suit Against JP Morgan Over Oil Field Sale
  • 19 hours Chinese Oil Ships Found Violating UN Sanctions On North Korea
  • 24 hours Oil Slick From Iranian Tanker Explosion Is Now The Size Of Paris
  • 1 day Nigeria Approves Petroleum Industry Bill After 17 Long Years
  • 1 day Venezuelan Output Drops To 28-Year Low In 2017
  • 1 day OPEC Revises Up Non-OPEC Production Estimates For 2018
  • 1 day Iraq Ready To Sign Deal With BP For Kirkuk Fields
  • 1 day Kinder Morgan Delays Trans Mountain Launch Again
  • 2 days Shell Inks Another Solar Deal
  • 2 days API Reports Seventh Large Crude Draw In Seven Weeks
  • 2 days Maduro’s Advisors Recommend Selling Petro At Steep 60% Discount
  • 2 days EIA: Shale Oil Output To Rise By 1.8 Million Bpd Through Q1 2019
  • 2 days IEA: Don’t Expect Much Oil From Arctic National Wildlife Refuge Before 2030
  • 2 days Minister Says Norway Must Prepare For Arctic Oil Race With Russia
  • 2 days Eight Years Late—UK Hinkley Point C To Be In Service By 2025
  • 2 days Sunk Iranian Oil Tanker Leave Behind Two Slicks
  • 3 days Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators
  • 3 days WCS-WTI Spread Narrows As Exports-By-Rail Pick Up
  • 3 days Norway Grants Record 75 New Offshore Exploration Leases
  • 3 days China’s Growing Appetite For Renewables
  • 3 days Chevron To Resume Drilling In Kurdistan
  • 3 days India Boosts Oil, Gas Resource Estimate Ahead Of Bidding Round
  • 3 days India’s Reliance Boosts Export Refinery Capacity By 30%
  • 4 days Nigeria Among Worst Performers In Electricity Supply
  • 4 days ELN Attacks Another Colombian Pipeline As Ceasefire Ceases
  • 4 days Shell Buys 43.8% Stake In Silicon Ranch Solar
  • 4 days Saudis To Award Nuclear Power Contracts In December
  • 4 days Shell Approves Its First North Sea Oil Project In Six Years
  • 4 days China Unlikely To Maintain Record Oil Product Exports
  • 4 days Australia Solar Power Additions Hit Record In 2017
  • 4 days Morocco Prepares $4.6B Gas Project Tender
  • 5 days Iranian Oil Tanker Sinks After Second Explosion
  • 7 days Russia To Discuss Possible Exit From OPEC Deal
  • 7 days Iranian Oil Tanker Drifts Into Japanese Waters As Fires Rage On
  • 7 days IEA: $65-70 Oil Could Cause Surge In U.S. Shale Production

Energy / Crude Oil

Iraq Oil Output Highest in 20 Years

Iraq Oil Output Highest in 20 Years

Dec 30, 2010 at 10:24 | ISN Security Watch

Iraq's new oil minister, Abdul Kareem Luaibi, said the country's oil output has reached 2.6 million barrels per day, the highest level for more than 20 years. Luaibi said developing…

What Can we do Now About Peak Oil

What Can we do Now About Peak Oil

Dec 29, 2010 at 06:41 | Gail Tverberg

Our problem now is that we have built a complex economy that depends on oil and other fuels. We can see that we will have less oil in the future.…

World Oil Production – A Look Ahead

World Oil Production – A Look Ahead

Dec 28, 2010 at 10:40 | Gail Tverberg

If we look at a graph of historical world oil production, we see a somewhat bumpy production pattern with two major price spikes (in 2009 $)–one peaking in 1981 and…

Huge Amount of Oil Available, But…

Huge Amount of Oil Available, But…

Dec 26, 2010 at 09:45 | Gail Tverberg

There is a huge amount of oil which theoretically can be extracted, but the question is whether the cost will be cheap enough for us to be able to afford…

Why Peak Oil Matters

Why Peak Oil Matters

Dec 21, 2010 at 10:55 | The Oil Drum

It is easy to become befuddled by the current discourse on peak oil. Peak oil is defined generally as the point at which the flow rate of oil to society…

A Look at Oil Company Subsidies

A Look at Oil Company Subsidies

Dec 02, 2010 at 19:41 | Robert Rapier

Following my recent essay on the elimination of the VEETC, the major ethanol subsidy in the U.S., some ethanol supporters argued for continuing the subsidies because oil companies receive…

A Detailed Look at the Middle East OPEC Oil Reserves

A Detailed Look at the Middle East OPEC Oil Reserves

Dec 01, 2010 at 11:31 | The Oil Drum

According to the BP statistical review of world energy 2010, the big six Middle East OPEC oil producers (Saudi Arabia, Iran, Iraq, Kuwait, Unite Arab Emirates (UAE) and Qatar)…

CO2 Being Used to Increase Oil Extraction

CO2 Being Used to Increase Oil Extraction

Dec 01, 2010 at 11:07 | Brian Westenhaus

Researchers have developed a soap-like additive for CO2 that turns it into a viable solvent for commercial-scale enhanced oil recovery to increase the amount of crude oil that can be…

The Next Big American Oil Resource Plays

The Next Big American Oil Resource Plays

Nov 22, 2010 at 10:49 | Brian Westenhaus

The rapidly getting famous Bakken Shale of the Williston Basin that stretches across a large portion of central North America is what most people consider as the latest great American…

Oil Will Run Out Before Replacements are Ready

Oil Will Run Out Before Replacements are Ready

Nov 19, 2010 at 08:31 | Brian Westenhaus

So says UC Davis Professor of Civil and Environmental Engineering Debbie Niemeier in a forecast that published on Nov. 8 in the journal Environmental Science & Technology. Sound nuts? …

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