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Energy / Crude Oil

Is the North Sea Oil Production Bonanza Approaching Twilight?

Feb 23, 2010 at 21:34 | Business Insider

The UK Department of Trade and Industry (Oil and Gas) and the Norwegian Petroleum Directorate have both published production forecasts showing increased oil production in the years 2007 and 2008.…

Kill American Oil & Gas ration Bans, Unlock $2.4 TrillionExplo

Feb 16, 2010 at 14:44 | Business Insider

A major moratorium on U.S. domestic oil and gas exploration expired in 2008, yet its extension is now being considered. Thing is, despite vigorous alternative energy…

Oil Sands receive a big vote of confidence from Oil Major BP

Feb 15, 2010 at 14:25 | Dave Forest

News came yesterday that oil major BP is close to a deal in the Alberta oil sands. It appears that BP is the preferred bidder for a majority stake in…

New Invention Using Spent Nuclear Fuel Rods Could Unlock U.S. Oil Reserves Three Times Larger Than Saudi Arabia's

Feb 11, 2010 at 14:13 | Business Insider

There's some incredible new oil extraction technology being investigated over at Nuclearhydrocarbons.com. Essentially, the U.S. has a lot of spent nuclear fuel (SNF) rods from…

Oil and Gas Industry Weathers Shifting Climate

Feb 01, 2010 at 20:10 | Fawzia Sheikh

Often the green movement’s whipping boy, the oil and gas sector has no chance of escaping the scourge of climate change, an issue that everyone from international leaders to even…

Canada's Alluring Energy Supply Regaining it's Lustre Despite Continued Criticism

Jan 27, 2010 at 19:05 | Fawzia Sheikh

As the recession fades from the Canadian oil sands and projects delayed amid months of uncertainty score a second chance, criticism has still not simmered down over how these pockets…

The Value of Empty Space - Japan Secures Oil Supply

Jan 26, 2010 at 23:49 | Dave Forest

Here's an interesting one in the realm of oil security. As we've discussed, Japan is using a lot less oil these days. In the last year, Japanese consumption dropped 800,000…

Crude Oil Prices Fall Victim to China Syndrome

Jan 22, 2010 at 21:08 | Darrell Delamaide

Oil Market roundup for 01/18/2010 – 01/22/2010. New measures by Chinese authorities to curb bank lending reversed a rally in energy prices early in the week, bringing West Texas Intermediate…

Canada's Oil Sands, Tarnished Images and Dirty Commodities

Jan 15, 2010 at 16:29 | Editorial Dept

“When you think of Canada, which qualities come to mind: the world's peacekeeper, the friendly nation, a liberal counterweight to the harsher pieties of its southern neighbour, decent, civilised, fair,…

A Gas Company Revolutionizes Canadian Oil

Jan 06, 2010 at 17:07 | Dave Forest

The next big thing is here in the Canadian oil patch. I wrote a few weeks ago that a number of new Alberta and Saskatchewan petroleum plays are being poked…

A Detailed Guide on the Many Different Types of Crude Oil

Dec 02, 2009 at 17:12 | Editorial Dept

Some people arbitrarily speak about oil as if it is a single, indistinguishably homogenous substance without any unique differentiation, but this is actually not the case at all! In fact,…

What is Peak Oil Theory? A Thorough Look at This heavily Debated Topic

Oct 21, 2009 at 16:17 | Editorial Dept

Currently there is a lot of debate going on regarding Peak Oil and precisely what we need to be doing about it, both now and in the near future. The…

Oil Shale - So Just What Is It!

Sep 24, 2009 at 17:26 | Editorial Dept

People often say: “You can’t squeeze blood from a stone.” However that’s exactly what shale oil is. An alternative fuel, created by squeezing our planet’s proverbial “Life Blood” out of…

Oil is not a Villain! Here's what it's done for us

Sep 21, 2009 at 16:45 | Editorial Dept

For decades now, oil has often been vilified and bedeviled by just about everyone from progressive environmentalist organizations to the mass media, but the fact is, without oil, we would…

What is Crude Oil? A Detailed Explanation on this Essential Fossil Fuel

Jul 24, 2009 at 07:48 | Editorial Dept

Crude oil, commonly known as petroleum, is a liquid found within the Earth comprised of hydrocarbons, organic compounds and small amounts of metal. While hydrocarbons are usually the primary component…

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