Global oil demand growth is…
Africa’s biggest oil producer, Nigeria,…
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…
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…
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…
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…
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…
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.
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…