Deepened OPEC are triggering a…
Alberta's Premier asserts the province…
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…
A few days ago, I showed the close relationship between growth in world oil consumption and growth in world GDP. In this post, I will extend that analysis by…
Carpe Diem, Reuters, FTalphaville, and WhaleOil are among those calling attention to a new paper by Leonardo Maugeri, senior manager for the…
An “if” – a major “if,” in fact, is whether Afghanistan will achieve sufficient political stability following the withdrawal of foreign military forces in 2014 to begin economic development.
After five years of stalled negotiations, a bill overhauling Nigeria’s oil industry has finally won cabinet approval and if it makes it beyond the president’s office and through parliament, it…
Saudi Aramco has stated that it designs the well layouts and extraction patterns from its oil fields so that they effectively decline at a rate of 2% per year.*…
The Organization of Petroleum Exporting Countries described the global economy as "subdued" and "fragile," predicting no immediate recovery in 2013. World oil demand is forecast to grow modestly as the…
As the presidential campaign ramps up, Republican heir apparent Mitt Romney is being torn between advisors that want to make Obamacare the centrepiece of the campaign, and those that want…
One has to go back to the 1930's to find a time when so much of civilization was in turmoil at once. The 30's ended with World War II, tens…
Since 2005, the "total oil supply" for the United States as reported by the Energy Information Administration increased by 2.2 million barrels per day. Of this, 1.3 mb/d, or…
Azerbaijan and Turkmenistan are at it again, feuding over a lucrative patch of the Caspian Sea. Russia would likely be the chief beneficiary of Caspian discord, if it continues.
This is a guest post by Stephen Sorrell, senior lecturer Science and Technology Policy Research, Sussex Energy Group, and lead author of the UKERC Global Oil Depletion report, and Christophe…