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Energy / Crude Oil

Using Thicker CO2 to Increase Oil Extraction Rates

Using Thicker CO2 to Increase Oil Extraction Rates

Oct 18, 2012 at 17:47 | Brian Westenhaus

Oil extraction technology marches on. University of Pittsburgh engineers show crude oil extraction could be improved significantly and accessible domestic oil reserves could be expanded with their new economical…

Kazakhstan's Gigantic Kashgan Oil Field about to Begin Production

Kazakhstan's Gigantic Kashgan Oil Field about to Begin Production

Oct 17, 2012 at 17:39 | Eurasianet

In the Caspian Sea’s choppy waters off western Kazakhstan’s coast, D-Day is approaching on a man-made mound called D Island. It is the nerve center of the Kashagan field, the…

Yet Another Attack on Turkish Pipelines

Yet Another Attack on Turkish Pipelines

Oct 12, 2012 at 17:42 | John Daly

Turkey’s economy is one of the most booming of the Middle East, with a growth rate, despite the ongoing economic recession over the past decade, of an average 5.5…

Iraqi Oil Problems are Global Oil Problems

Iraqi Oil Problems are Global Oil Problems

Oct 11, 2012 at 18:00 | Daniel J. Graeber

The Iraqi government said Wednesday it was pulling back from its plans to increase oil production dramatically within the next five years. Baghdad, beginning in 2008, has brought in international…

Smash the Rally in Oil

Smash the Rally in Oil

Oct 11, 2012 at 17:45 | Mad Hedge Fund Trader

I love it. First, Israel's right-wing prime minister, Benjamin Netanyahu, calls for a snap election. Many observers are viewing this as a referendum on war with Iran. Then, terrorists blow…

Yet Another Huge Oil Find in the Anadarko Basin

Yet Another Huge Oil Find in the Anadarko Basin

Oct 11, 2012 at 17:39 | Brian Westenhaus

Continental Resources Inc. unveiled its newest oil field with a reservoir rock of an oil-rich portion of the Woodford Shale that lies beneath oil fields tapped long ago by some…

Full Steam Ahead for Suezmax Tankers, Thanks to Iran Sanctions

Full Steam Ahead for Suezmax Tankers, Thanks to Iran Sanctions

Oct 10, 2012 at 17:42 | Jen Alic

It has not been a good year for super tankers, what with sanctions on Iran and the US shale boom that has resulted in reduced demand for cargo transport and…

Oil Industry to Face Epic Changes over the Coming Years

Oil Industry to Face Epic Changes over the Coming Years

Oct 10, 2012 at 17:24 | Al Fin

UK based think tank Chatham House has published a new report: What Next for the Oil and Gas Industry? The report predicts a continued lessening of demand for middle…

Want Cheap Oil? Look no Further than Canada

Want Cheap Oil? Look no Further than Canada

Oct 08, 2012 at 13:40 | Frik Els

The price oil sands producers receive fell to $38 a barrel below the international benchmark oil price on Monday, leaving more than one fifth of all Alberta projects unviable.

Oil Markets Limp into Fourth Quarter

Oil Markets Limp into Fourth Quarter

Oct 03, 2012 at 17:39 | Daniel J. Graeber

On-going concerns over the global economy helped push oil prices to recent lows, with U.S. and foreign futures down more than 2.5 percent in recent trading. Most major U.S. stock…

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