This year saw higher production…
A subsea pipeline rupture near…
It is with trepidation that independent petroleum geologist Jeffrey Brown has watched global oil exports decline since 2006. With all the controversy in the past several years over whether worldwide…
U.S. Rep. John Boehner, speaker of the House of Representatives, received nearly twice as much financial support from donors tied to the energy sector than did the next-closest recipient, a…
Crude oil prices this week declined after the government of Saudi Arabia announced plans to ensure market stability. Oil prices on average continued their decline toward levels not seen since…
In the old days, that is before 2010, the oil industry used to regale the public with tales of plenty that revolved around what is commonly called "conventional oil." Conventional…
The top administrator at the Bank of Canada last week said high oil prices were good for the national economy. Crude oil prices were mixed in early trading this week…
Has OPEC misled us about the size of its oil reserves? The short answer is probably. The long answer is that currently, there is no way to know for sure.
Ambrose Evans-Pritchard, wrote last week in The Telegraph, Saudi oil well dries up. He presented the following chart of projected Saudi oil consumption, vertical bars, and production, dark blue…
Environmental groups concerned about the potential damage to the Arctic environment suffered another blow after the U.S. Environmental Protection Agency granted a temporary air permit for Shell to work off…
Oligarchs are the wealthy few who benefit from the government and for all intents and purposes call the shots behind the scenes. Oilprice.com considers five key oligarchs and oligarch families…
The top foreign policy chief for the European Union met this week in Nairobi with Kenyan leaders. The country is a key Western ally in ongoing efforts to bring stability…
Investors – particularly Canadians – may recall Colombia as one of the hottest oil plays in the world.That was just a few years ago. Huge wells in these…
Even the detractors of Venezuelan President Hugo Chavez have never accused him of thinking small. Chavez is currently running for re-election in Venezuela’s upcoming presidential election, scheduled for 7 October,…
The White House is keeping the rumor-mill afloat with hints that it may draw from US strategic oil and petroleum reserves, watching the market respond on the speculation with a…
The top executive at Turkish company Genel Energy announced a deal with Heritage Oil increased its stake in the Miran exploration block in the Kurdish north of Iraq. The block…
Leonardo Maugeri’s recent paper Oil: The Next Revolution on the presumed future abundance of oil supplies rejects the pessimistic outlook of limited increases in oil capacity over the next decade.…
The biggest geostrategic change of the past decade overlooked by Washington policy wonks in their fixation on their self-proclaimed “war on terror” is that Latin America has been throwing off…
A newspaper publisher in the Canadian province of British Columbia announced plans for a refinery that would process crude oil expected from the Northern Gateway pipeline. Canadian pipeline company Enbridge…
According to the U.S. government’s Energy Information Agency, “In 2009, India was the fourth largest energy consumer in the world, after the United States, China, and Russia. Despite a…
The United States Geological Survey (USGS) is charged with the cataloguing an assessment of land formations and mineral reserves in the United States. They have recently assessed the potential additions…
Kazakhstan is expected to start making deliveries from its giant Kashagan oil field by the middle of next year. The state-controlled consortium managing the field set a production benchmark of…