• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 52 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 7 hours How Far Have We Really Gotten With Alternative Energy
  • 8 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 3 days Bankruptcy in the Industry
  • 3 days The United States produced more crude oil than any nation, at any time.
IEA Cuts 2024 Oil Demand Growth Forecast

IEA Cuts 2024 Oil Demand Growth Forecast

Global oil demand growth is…

Nigeria To Launch Crude Trading at its Commodity Exchange

Nigeria To Launch Crude Trading at its Commodity Exchange

Africa’s biggest oil producer, Nigeria,…

Energy / Crude Oil

Western Sanctions Halt Exxon’s Drilling In Russian Arctic

Sep 19, 2014 at 15:31 | Andy Tully

Western sanctions against Moscow have forced ExxonMobil Corp. and Kremlin-owned oil giant Rosneft to suspend drilling at an offshore oil well in the Russian Arctic.Bloomberg News broke…

Dim Future For North Sea Energy

Sep 18, 2014 at 16:12 | Euan Mearns

On 18th September 2014, Scotland will vote on the following question:Should Scotland be an independent country?Answer YES and the vote is for independence, answer NO and…

Commodities Suffer As Oil And Gas Takes Rail Priority

Sep 18, 2014 at 15:21 | Metal Miner

The rapid pace of energy exploration, for both natural gas and oil, in North Dakota is creating a crisis for upper Midwest farmers. Grain shipments have been held up by…

U.S. Targets Islamic State’s Lucrative Oil Smuggling Operations

Sep 15, 2014 at 14:52 | Nick Cunningham

With U.S. President Barack Obama’s announcement of an open-ended plan for airstrikes on the Islamic State (IS), the U.S. and its allies will need to degrade the power and influence…

New Sanctions Against Russia Could Deal Big Blow To ExxonMobil

Sep 15, 2014 at 13:51 | Climate Progress

On Friday, the United States and the European Union imposed a new round of sanctions on Russia in response to Moscow’s intervention in eastern Ukraine and following its annexation of…

Can New Technology Help The Oil Sands Industry Clean Up Its Act?

Sep 10, 2014 at 17:13 | Nick Cunningham

The oil sands industry is developing new technologies to reduce pollution and the impact on the lands where they operate – an increasing concern as extraction operations ramp up.

U.S. Oil Boom Revitalizing Rust Belt Economy

Sep 10, 2014 at 17:01 | Andy Tully

The American Midwest is enjoying a one-two punch of an economic boom thanks to hydraulic fracturing. The relatively new – and still controversial -- technique is not only generating more…

UK Wants U.S. Supreme Court To Limit BP Liability For Deepwater Horizon

Sep 09, 2014 at 16:43 | Andy Tully

The British government is urging the U.S. Supreme Court to limit payments by BP, the UK’s second-largest oil producer, to some victims of the 2010 Deepwater Horizon oil spill in…

Unpopular European Fracking Could Provide Independence From Russia

Sep 05, 2014 at 17:10 | Andrew Topf

Fracking has transformed the United States into the world’s largest producer of natural gas, and now Europe is weighing the pros and cons of the controversial technique as it seeks…

Why Peak Oil Refuses To Die

Sep 05, 2014 at 16:58 | Post Carbon

Perhaps you’ve seen one of the recent barrage of articles claiming that fears of an imminent peak and decline in world oil production have either been dispelled (because we actually…

Obama’s Oil Boom – Global Warming Be Damned

Sep 04, 2014 at 17:55 | Michael Klare

Considering all the talk about global warming, peak oil, carbon divestment, and renewable energy, you’d think that oil consumption in the United States would be on a downward path.  By…

Soros Signals Argentina’s Shale is Biggest Place to Be

Sep 02, 2014 at 16:10 | James Stafford

One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional…

Return to the Arctic: Shell Looks Set To Take Another Run

Sep 01, 2014 at 14:13 | Nick Cunningham

Shell could be returning to the Arctic after a two-year hiatus. The company submitted a drilling plan to the U.S. Department of Interior on Aug. 28, which…

When Will The Peak Oil Crisis Begin?

Aug 29, 2014 at 18:36 | Post Carbon

For those following the world oil production situation, it has been clear for some time that the only factor keeping global crude output from moving lower is the continuing increase…

Why These Lagging Oil Stocks Are Worth A Look

Aug 28, 2014 at 17:52 | Martin Tillier

It is generally accepted that in the U.S. – and increasingly, worldwide -- oil is a booming business. Over the last six months, the SPDR® Energy Sector ETF (exchange traded…

Shell Keen to Put Troubled Nigerian Assets Behind It

Aug 28, 2014 at 17:39 | Nick Cunningham

Royal Dutch Shell is on the verge of unloading a major portion of its assets in Nigeria.The oil major is zeroing in on a deal to sell four…

All’s Fair In Love And War And Oil

Aug 26, 2014 at 16:19 | Claude Salhani

An Iraqi Kurdish crude oil tanker has been seen floating off the coast of Israel after offloading its cargo, ship tracking data has shown.If true, the transaction…

Bypassing Keystone: Canadian Firm Uses Loophole To Ship Oil Sands To U.S.

Aug 25, 2014 at 17:25 | Nick Cunningham

Instead of waiting to obtain a “presidential permit” to ship oil sands from Canada to the United States, one Canadian firm has found a workaround, and environmental groups aren’t happy…

Disagreement Over Scotland’s Oil Wealth Fuels Independence Debate

Aug 22, 2014 at 17:26 | Andy Tully

Scottish First Minister Alex Salmond continues to insist that the strong future of Scottish oil would provide major support for the country if it achieves independence from the United Kingdom…

Five Regions Where Big Oil Is Foolishly Chasing Profits

Aug 19, 2014 at 17:29 | Nick Cunningham

Big Oil has been very successful at developing sophisticated technology to access oil in some pretty remote areas. Consider the technological skill necessary to drill several miles below…

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