• 5 minutes THE GREAT OIL PRICE PREDICTION CHALLENGE OF 2018
  • 8 minutes So oil touched $80! (WTI break $71 twice). What does the future hold?
  • 14 minutes China Tariff Threatens U.S. LNG Boom
  • 29 mins The Warning Lights: Full-Blown Trade War Would Cost Jobs, Growth And Stability
  • 1 hour Tesla’s Powerpack Battery in Australia Made up to $17 Million
  • 21 mins Realism Replaces Unlikely Bromance: Macron and Trump Aren't As Chummy As They Used To Be
  • 6 hours Will Robots Bring The Demise Of European Artistry?
  • 5 hours Global Hunger Continues to Grow Driven By Climate Change
  • 2 hours Saudi Aramco IPO Seems Unlikely
  • 23 hours Nothing new in Middle East? Iran Puts On 'Show Of Strength' Military Exercise In Gulf
  • 2 hours The moves toward 'zero-manning' in oil & gas
  • 18 hours Downloadable 3D Printed Gun Designs, Yay or Nay?
  • 7 hours Threat: Iran warns U.S, Israel to expect a 'devastating' revenge
  • 22 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 21 hours 100% Renewables will Fuel the Growth of Poverty and Homelessness
  • 19 hours Why Are the Maldives Still above Sea Level?
Schlumberger To Buy Russia's Leading Drilling Company

Schlumberger To Buy Russia's Leading Drilling Company

U.S. based oilfield services company…

OPEC: IMO Rules Will Boost Oil Demand By 400,000 Bpd

OPEC: IMO Rules Will Boost Oil Demand By 400,000 Bpd

OPEC estimates that tighter emission…

Energy / Crude Oil

Oil is too Precious to be Used as Transportation Fuel

Oil is too Precious to be Used as Transportation Fuel

Nov 09, 2012 at 17:44 | Kurt Cobb

An oil executive once observed that burning oil for energy is like burning Picassos for heat. Oil is extraordinarily valuable as the basis for so many products…

Nigeria, Africa's Leading Petro-State, Quelling Islamic Insurgency?

Nigeria, Africa's Leading Petro-State, Quelling Islamic Insurgency?

Nov 06, 2012 at 17:41 | John Daly

Nigeria is Africa’s leading petro-state, currently exporting just over two millions barrels per day (bpd).But the massive corruption associated with the overwhelming influx of oil revenues has produced…

Putin Plays Down Russia's Deadly Dependence on Oil & Gas Revenues

Putin Plays Down Russia's Deadly Dependence on Oil & Gas Revenues

Oct 30, 2012 at 18:33 | Al Fin

How dependent on oil & gas revenues is Russia's federal budget? Vladimir Putin recently claimed that his government is only 50% dependent on oil & gas revenues:President Vladimir…

The US is Not Even Close to Being the Next Saudi Arabia

The US is Not Even Close to Being the Next Saudi Arabia

Oct 29, 2012 at 17:38 | Dave Summers

There has been a little stir in the news on Energy lately, as folks have begun to extrapolate the growth in American oil and gas production to the point that…

Putin Strengthens his Grip on World Energy with TNK-BP Deal

Putin Strengthens his Grip on World Energy with TNK-BP Deal

Oct 26, 2012 at 17:54 | Marin Katusa

Exxon Mobil is no longer the world's number-one oil producer. As of yesterday, that title belongs to Putin Oil Corp – oh, whoops. I mean the title belongs to Rosneft,…

Why Shale Oil Will Never be a Game Changer

Why Shale Oil Will Never be a Game Changer

Oct 26, 2012 at 17:50 | The Oil Drum

The impact of unconventional fuels like shale oil on the global energy system is still an issue of great uncertainty. Not so much because of the size of the tank…

Why the US is NOT the New Saudi Arabia

Why the US is NOT the New Saudi Arabia

Oct 25, 2012 at 18:17 | Dave Cohen

Here we go again, another ‘Planet Stupid’ update. All posts like this one have a predictable structure. Some egregious baloney is put out by a propaganda organization like Reuters, the…

US to Overtake Saudi Arabia? Skewing the Oil Stats

US to Overtake Saudi Arabia? Skewing the Oil Stats

Oct 25, 2012 at 17:46 | Jen Alic

The headline-sweeping news led by the Associated Press this week to the effect that the US is poised to overtake Saudi Arabia as the world’s largest producer of oil buries…

Peak Oil and the Challenging Years Ahead

Peak Oil and the Challenging Years Ahead

Oct 25, 2012 at 17:34 | Gail Tverberg

We seem to hear two versions of the story of limited oil supply:1. The economists’ view, saying that the issue is a simple problem of supply and demand.…

Can Russia Afford to Cut Itself off from Western Oil Companies?

Can Russia Afford to Cut Itself off from Western Oil Companies?

Oct 24, 2012 at 17:12 | Al Fin

“For foreign oil companies seeking to expand production and reserves, Russia is now off limits,” Robbert Van Batenburg, head of research at Louis Capital Markets LP in New York, said…

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