Oil prices inched higher on…
India is leveraging its long-term…
The White House is keeping the rumor-mill afloat with hints that it may draw from US strategic oil and petroleum reserves, watching the market respond on the speculation with a…
The top executive at Turkish company Genel Energy announced a deal with Heritage Oil increased its stake in the Miran exploration block in the Kurdish north of Iraq. The block…
Leonardo Maugeri’s recent paper Oil: The Next Revolution on the presumed future abundance of oil supplies rejects the pessimistic outlook of limited increases in oil capacity over the next decade.…
The biggest geostrategic change of the past decade overlooked by Washington policy wonks in their fixation on their self-proclaimed “war on terror” is that Latin America has been throwing off…
A newspaper publisher in the Canadian province of British Columbia announced plans for a refinery that would process crude oil expected from the Northern Gateway pipeline. Canadian pipeline company Enbridge…
According to the U.S. government’s Energy Information Agency, “In 2009, India was the fourth largest energy consumer in the world, after the United States, China, and Russia. Despite a…
The United States Geological Survey (USGS) is charged with the cataloguing an assessment of land formations and mineral reserves in the United States. They have recently assessed the potential additions…
Kazakhstan is expected to start making deliveries from its giant Kashagan oil field by the middle of next year. The state-controlled consortium managing the field set a production benchmark of…
The world’s newest, and Africa’s 54th nation, South Sudan, proclaimed independence on 9 July 2011, the result of an internationally observed referendum embodied in the 2005 Comprehensive Peace Agreement (CPA),…
Since the December 1991 implosion of the USSR, the Russian Federation, Azerbaijan and Kazakhstan have all seen an explosion in the development of their hydrocarbon resources. For southern neighbour…
A major oil find by Canada’s Tethys Petroleum in Tajikistan comes at a bad time for the Central Asian country, as the security situation is about to skyrocket out of…
Over the past two decades, Chinese oil consumption has quadrupled to nearly 10 million barrels per day. For the past decade they have been on a growth trajectory which has…
The best source of oil would be to increase oil recovery from the existing reservoirs already in production. That oil is the easy stuff as pundits like to say, because…
The Kurdish government in Iraq announced Wednesday it would resume oil exports from the region later this week. Erbil had shut down exports in April, blaming the central government in…
President Mahmoud Ahmadinejad says Iran should focus now on oil products in light of tightening sanctions Iranian President Mahmoud Ahmadinejad said Iran should stop exporting crude oil and focus on…
Oilprice.com’s geopolitical editor Daniel J. Graeber was a guest on Infowars evening show last night where he discussed the following topics: • Middle East tensions and their impact on oil prices.
The Big Five oil companies – BP, Chevron, ConocoPhillips, ExxonMobil and Shell – are slated to announce their 2012 second-quarter profits later this week.We can expect these companies,…
Ongoing concerns of the Spanish debt crisis dragged on international markets Monday. Oil prices, meanwhile, had rallied last week amid tensions in the Persian Gulf. By Monday, however, Iran had…
If 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.…
International oil companies from the likes of Exxon Mobil and India's ONGC Videsh are among the majors setting their sights on an October deadline to submit bids to the…