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Energy / Crude Oil

The Coming Oil War in Iraq

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

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

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?

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

ExxonMobil Eyes South Africa's Untapped Frontier

Dec 18, 2012 at 16:58 | Jen Alic

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

Why Canadian Crude is the Cheapest in the World

Dec 17, 2012 at 17:09 | Jen Alic

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?

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

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

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

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…

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