• 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
  • 14 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days The United States produced more crude oil than any nation, at any time.
  • 2 mins Could Someone Give Me Insights on the Future of Renewable Energy?
  • 8 days How Far Have We Really Gotten With Alternative Energy
Oil Moves Down on Crude Inventory Build

Oil Moves Down on Crude Inventory Build

Crude oil prices moved lower…

Standard Chartered Says Peak Oil Demand Is Not Imminent

Standard Chartered Says Peak Oil Demand Is Not Imminent

Standard Chartered has predicted global…

Energy / Crude Oil

World Depends on Two Countries for Increase in Oil Production

Nov 12, 2013 at 17:23 | Nick Cunningham

Oil prices will only rise moderately over the next 20 years according to estimates from the International Energy Agency. The IEA released the 2013 edition of its much-anticipated World…

The Battle between Oil Sands and the Environment

Nov 12, 2013 at 17:13 | Robert Rapier

I spent the past week in the heart of the Athabasca oil sands in Fort McMurray, Alberta. I was there as a guest of the Canadian government, which hosts annual…

Libya's Oil May be its Downfall

Nov 11, 2013 at 17:35 | Daniel J. Graeber

The self-declared government of Cyrenaica, a district in eastern Libya, said it established its own oil company that's ready to put crude oil on the international market. Libya since Moammar…

Serious Oil Problems Uncovered in Nigeria

Nov 08, 2013 at 17:39 | Daniel J. Graeber

A report last week from Amnesty International said energy companies operating in the oil-rich Niger Delta region weren't entirely up front about what's causing the "hundreds" of spills reported every…

Anadarko Begins Production in Algeria’s Field of Dreams

Nov 01, 2013 at 18:28 | Joao Peixe

US oil company Anadarko Petroleum Corp. has officially launched production in Algeria’s Illizi Province, with plans to produce 146,000 barrels per day in partnership with Algerian state-run Sonatrach.

It’s Time to Buy Refining Stocks

Nov 01, 2013 at 17:28 | Dan Dicker

The refiners have been a very ‘feast or famine’ trade group that I have been wary of playing.  But with widening Brent-WTI spreads, along with the collapses of other benchmarks…

Lebanon’s Oil Future on Hold

Nov 01, 2013 at 17:24 | Editorial Dept

We want to take another look at what’s going on in Lebanon--in terms of the spillover of the conflict in Syria, the meddling of external actors, and the internal political…

Is Nobody Watching Oil Pipeline Safety in the United States?

Oct 30, 2013 at 18:06 | Daniel J. Graeber

North Dakota's governor said he was frustrated with the way in which federal regulators were monitoring pipeline safety. An oil spill in the west of the state went unnoticed until…

Developments in the Motor Industry Pushing Peak Oil Down the Road

Oct 29, 2013 at 18:05 | Post Carbon

It is time to take a break from the gloom and doom in Washington and the Middle East and look for some better news about the future of energy. Every…

Oil Production No Answer to Energy Security

Oct 25, 2013 at 18:38 | Daniel J. Graeber

Six shale plays in the United States account for nearly all of the growth in domestic oil production in the country. That's the assessment from the Energy Department's inaugural drilling…

Why Are Oil Majors Converging on “The Secret Coast”?

Oct 25, 2013 at 16:22 | Editorial Dept

Some of the world’s most savvy energy investors have converged in a strange place the last few months. A place I call “the secret coast”, because little is known about…

Kurdistan Considers National Oil Company

Oct 25, 2013 at 16:02 | Editorial Dept

Bottom Line: As Kurdistan Region of Iraq (KRI) works towards oil and gas independence from the central Iraqi authorities in Baghdad, the next idea being floated is the creation of…

How the 1973 Oil Embargo Still Affects US Energy Agenda Today

Oct 24, 2013 at 17:29 | Robert Rapier

America’s Wake Up CallForty years ago Americans were getting a wake up call on energy security. For the first time, the point was being driven home that America’s…

Brazil’s Pre-Salt Auction Goes to Shell-Total Consortium

Oct 23, 2013 at 17:06 | Joao Peixe

A consortium led by Anglo-Dutch oil major Shell, France’s Total and PetroChina and its sister company Cnooc, won the bid for Brazil’s Libra deep-water oilfield in a landmark auction on…

Is Deepwater the Next Oil Bonanza?

Oct 18, 2013 at 17:37 | Daniel J. Graeber

Strong growth in international drilling activity helped increase quarterly profits for some of the largest oil companies in the industry. Oil services company Baker Hughes Inc. said last week the…

Two Energy Ideas: Refiners and the Back of the Crude Curve

Oct 18, 2013 at 16:55 | Dan Dicker

Two energy ideas to touch upon today, now that the debt ceiling debacle is (at least for now) over:  Refiners and the back of the crude curve.Refiners have…

Big Win for Big Oil on Ethanol Mandate?

Oct 17, 2013 at 17:00 | Joao Peixe

It seems to many that the Environmental Protection Agency (EPA) is putting off a final decision on whether or not it will slash the 2014 biofuels mandate in order to…

From Peak Oil to Fossil Fuel Euphoria

Oct 16, 2013 at 17:13 | Michael Klare

Republished with permission from Tom DispatchFor years, energy analysts had been anticipating an imminent decline in global oil supplies.  Suddenly, they’re singing a new song: Fossil fuels…

China is Now the World’s Largest Importer of Oil—What Next?

Oct 15, 2013 at 17:16 | Rory Johnston

Last month the world witnessed a paradigm shift: China surpassed the United States as the world’s largest consumer of foreign oil, importing 6.3 million barrels per day compared to the…

The Might of the Petro-Dollars at Work Once Again

Oct 15, 2013 at 17:11 | Claude Salhani

Petro-dollars, the word used to describe the billions of dollars earned from the sale of oil and natural gas, have helped change the shape and future of many counties in…

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