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Shell And TotalEnergies See Risk Of Higher Oil Prices

Shell And TotalEnergies See Risk Of Higher Oil Prices

CEO's of Shell and TotalEnergies…

Saudi Arabia May Push For Higher OPEC Production

Saudi Arabia May Push For Higher OPEC Production

Saudi Arabia is reportedly planning…

Energy / Crude Oil

Hunger Strike Puts Spotlight on Canadian Crude

Jan 09, 2013 at 17:11 | Daniel J. Graeber

A U.N. special envoy on the rights of indigenous peoples expressed concern about the ongoing hunger strike of a tribal leader protesting certain natural resource laws in Canada. The Canadian…

Venezuela's Oil Industry is Likely to Benefit from Chavez's Death

Jan 09, 2013 at 17:05 | Matt Smith

With the rapid deterioration in the health of Venezuela’s President Hugo Chavez, it seems a pertinent time to look at why Venezuela and Chavez play such an integral role in…

Oil Industry Unfazed by Shell's Arctic Follies

Jan 08, 2013 at 16:30 | Daniel J. Graeber

U.S.-based supermajor Shell (NYSE:RDS.A) said it was making progress with the tow and recovery of the drill ship Kulluk, which struck ground last week off the coast of Alaska. The…

Russian ESPO Pipeline Threatens Europe Oil Supplies

Jan 04, 2013 at 16:43 | Charles Kennedy

Russia’s Transneft has opened its second and final branch of the $25 billion, 4,700km East Siberia-Pacific Ocean (ESPO) pipeline to double its capacity to 30 million tons for total exports…

Will Washington Now Hold Shell's "Feet to the Fire?"

Jan 02, 2013 at 17:01 | Daniel J. Graeber

Environmental advocacy groups expressing concern over frontier oil developments in the Alaskan arctic started the New Year on news that Shell's (NYSE:RDS.A) problems in the region continue. This week's grounding…

How Accurate are Long-Term Government Oil Forecasts, Can we Trust them?

Jan 02, 2013 at 16:48 | Kurt Cobb

[I]f you're still operating under the assumption that the earth's petroleum--or at least the cheap stuff--is about to run out, you're not going to thrive in the new oil era.…

Will 2013 be a Bumper Year for Oil Production?

Jan 02, 2013 at 16:42 | Brian Westenhaus

The free market of high oil prices for the past few years has made a Renaissance in this country for crude oil.  With no help and lots of barriers…

Syria's Oil Now a Target of Civil War

Dec 31, 2012 at 14:58 | Claude Salhani

It was only a matter of time before Syria’s oil industry, sagging as it may be, became a target in the country’s civil war, a conflict that is rapidly devastating…

The Coming Oil War in Iraq

Dec 24, 2012 at 12:11 | Daniel J. Graeber

One year after U.S. forces left Iraq, oil production is such that the country is situated behind only Saudi Arabia among OPEC member states. New export infrastructure in the south…

Tracking Syria's Oil Means Tracking Its War

Dec 24, 2012 at 12:07 | Daniel J. Graeber

Gulfsands Petroleum announced it acquired an "extensive portfolio" of oil and natural gas concessions in northern Morocco. The company trades on the London stock exchange and boasts of its…

How Relevant is Syria's Oil in the Conflict

Dec 20, 2012 at 17:06 | Claude Salhani

Syria is among the countries in the Middle East which produces oil, though not nearly enough to be counted as one of the major producers, such as the giant Saudi…

The Bakken Oil Boom: Moving "Back Home" to Montana?

Dec 20, 2012 at 16:55 | Keith Schaefer

Most people associate the huge Bakken oil field with North Dakota... but did you know the Bakken was actually discovered to the north in Montana?Drilling equipment and crews…

ExxonMobil Eyes South Africa's Untapped Frontier

Dec 18, 2012 at 16:58 | Charles Kennedy

Battling declining production, US energy super giant ExxonMobil Corp. (NYSE:XOM) is taking on South Africa—a rising offshore venue--where it will acquire a 75% stake in the Tugela South Exploration Right.…

Why Canadian Crude is the Cheapest in the World

Dec 17, 2012 at 17:09 | Charles Kennedy

Canadian crude prices are at their lowest levels against Brent-priced crude in 10 months, reaching a new market low on Friday and trading last week at under $50/barrel.

What does the Future "Really" Hold for US Oil Production?

Dec 14, 2012 at 16:34 | Post Carbon

The Association for the Study of Peak Oil recently held its annual conference down in Austin, Texas. The venue for the meeting was right across the street from the University…

Iran Asks OPEC to Cut Output so Countries can't Find Alternative Sources of Oil

Dec 13, 2012 at 17:09 | Dave Summers

With the possibility that demand for Iranian oil may fall below 1 million barrels a day (mbd) as sanctions continue to bite, Iran has announced that it wants OPEC…

Long-Term Oil Forecasts - Merely Guesses

Dec 12, 2012 at 17:03 | Kurt Cobb

When people read about a long-term forecast of world oil supply--say, out to 2030--they often believe that the forecasters are merely incorporating our knowledge of existing fields and figuring out…

It is Possible to Replace Crude Oil with Synthetic Oil

Dec 12, 2012 at 16:57 | Brian Westenhaus

A team of Princeton researchers led by Christodoulos Floudas, a professor of chemical and biological engineering at Princeton, evaluated scenarios in which the United States could power its vehicles…

Work on Keystone XL Halts in Texas over "Wrong Type of Oil" Claim

Dec 12, 2012 at 16:53 | Energy Digital

In Texas, a judge ordered the halting of TransCanada's Keystone XL pipeline after a landowner filed a lawsuit claiming that the company lied to Texans about type of oil it…

Peak Oil is Nonsense ... Because There's Enough Gas to Last 250 Years

Dec 10, 2012 at 17:07 | Professor Chris Rhodes

The title is a condensate of the latest rendition from Nigel Lawson, who served Margaret Thatcher’s government, both as Secretary of State for Energy and Chancellor of the Exchequer. In…

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