Energy / Crude Oil

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

Oct 11, 2013 at 21:47 | Gail Tverberg

If a person reads US newspapers, it is easy to get the impression that all of the world’s oil problems are over. But this is not really the case.

Oct 11, 2013 at 16:10 | Editorial Dept

Bottom line: Transport costs are a sieve winnowing away Pdvsa’s profits and a recent investigation appears to show that at least three ships commissioned and inaugurated in public ceremonies by…

Oct 04, 2013 at 18:28 | Daniel J. Graeber

Instability in Libya and other parts of North Africa may be giving international investors the jitters.  In August, U.S. energy explorer Apache Corp. said it had enough of the political…

Oct 04, 2013 at 18:22 | John Daly

First, the good news.Later this month, on at a 21 October auction, Brazil will sell off leases in its massive Libra southern Atlantic offshore oil field, with high…

Oct 03, 2013 at 17:00 | Dave Summers

There has been considerable comment this week over the telephone call between President Obama and the President Rouhani of Iran. Certainly the election of a new President in Iran…

Oct 01, 2013 at 19:15 | Global Risk Insights

Saudi Arabia, along with OPEC neighbors Kuwait and the United Arab Emirates, exported a record high of crude oil this August. Despite pumping out 10.2 million barrels per day, the…

Oct 01, 2013 at 19:12 | Kurt Cobb

The belief that technology can always overcome natural limits just took a big hit this week when Royal Dutch Shell PLC decided to shut down its pilot oil shale…

Oct 01, 2013 at 19:01 | John Daly

First, the good news.Canada’s Calgary-based Husky Energy Inc. and its Norwegian partner Statoil ASA announced a major oil discovery in offshore Newfoundland and Labrador Flemish Pass Basin.