• 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
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 12 days By Kellen McGovern Jones - "BlackRock Behind New TX-LA Offshore Wind Farm"
  • 3 hours If hydrogen is the answer, you're asking the wrong question
  • 7 days Solid State Lithium Battery Bank
  • 6 days Bad news for e-cars keeps coming

Energy / Crude Oil

Forget North Dakota, Texas is No. 1 for Oil

Feb 10, 2014 at 17:20 | Daniel J. Graeber

Advances in drilling technology are expected to help North Dakota hit the 1 million barrel per day mark at some point this year. But it's Texas that still holds the…

Why the World Should Brace for a Future U.S. Oil Embargo

Feb 07, 2014 at 17:43 | Daniel J. Graeber

U.S. policymakers are divided over what to do with the glut of domestic oil. Both sides of the debate craft their rhetoric around economic issues, though a report from a…

Alaska’s Largest Refinery to Close Down

Feb 07, 2014 at 17:38 | Charles Kennedy

Alaska’s largest refinery by capacity may shut down operations permanently beginning in May this year, citing the massive costs associated with clean-up. The North Pole refinery, operated by…

Oil Drilling Disappointment for Anadarko off New Zealand

Feb 07, 2014 at 17:34 | John Daly

Score one for the dozens of blue whales placidly munching plankton off New Zealand’s South Taranaki Bight.On 4 February Texas-based company Anadarko abandoned an exploratory well off…

New Study Finds Oil Sands Pollutants Underestimated by Official Estimates

Feb 04, 2014 at 17:15 | Rory Johnston

The emission levels of some pollutants from the Athabasca oil sands may be higher than previous official estimates, according to researchers at the University of Toronto. The focus of the…

Getting Around the US Crude Export Ban

Feb 03, 2014 at 15:52 | Charles Kennedy

Those who seek to get around the ban on most US crude exports that has been in place for four decades are reportedly eyeing the potential to export petroleum byproducts,…

Why Europe Won't See Canadian Crude Anytime Soon

Jan 31, 2014 at 17:21 | Daniel J. Graeber

Environmental groups in the European Union said they would consider taking a complaint against the European Commission to a top court in Luxembourg for reneging on a measure that labels…

Emerging Markets, Fed Tapering, and Oil

Jan 31, 2014 at 16:42 | Editorial Dept

Investors began to flee positions in emerging markets over the last week or two as concerns of slower growth and uncertainty surrounding Federal Reserve policy spread around the world.

This Might Be The World’s Lowest-Cost Oil

Jan 24, 2014 at 16:13 | Editorial Dept

Quick, what do the following three events from last week have in common?1)    Shell warning on lower-than-expected profits for the past quarter2)    India raising its domestic…

Can Italy Double Its Oil Production?

Jan 22, 2014 at 16:57 | Rory Johnston

Beneath the ancient groves of Italy’s Basilicata region lies something more valuable to modern Italy than olives—oil.  The region represents the “instep” of Italy’s iconic boot and contains the largest…

Turkey Finds High Grade Oil on its Border with Iraq

Jan 20, 2014 at 17:48 | John Daly

The past decade has seen Turkey’s economy take off, but one significant drag on its performance is the country’s paucity of indigenous hydrocarbon resources, resulting in massive energy import bills.…

Not so Fast on Libyan Oil Optimism

Jan 17, 2014 at 18:29 | Joao Peixe

We may be seeing the first boost in Libyan oil production in 10 months, which the markets are eyeing hungrily, but don’t jump the gun on this one—Libya’s oil…

Oil Glut Threatens US Shale Revolution

Jan 17, 2014 at 18:13 | Global Risk Insights

The year 2014 could pose a milestone for the U.S. oil industry. In its latest annual World Energy Outlook, the International Energy Agency predicted that the U.S. would become…

California Water Crisis May Head off Potential Oil Boom

Jan 16, 2014 at 17:19 | Nick Cunningham

Drilling for oil in California dates back to the late 19th Century, allowing it to become the country’s top producer by the beginning of the 20th. One hundred years later,…

DOT-111 Safety Major Issue in Crude-By-Rail Debate

Jan 14, 2014 at 17:14 | Rory Johnston

Experts from the Canadian rail industry, regulators, and representatives from all levels of government met in Ottawa on Monday to discuss the increasing number of tank car derailments and subsequent…

Lifting the Oil Export Ban: Where the Refiners Stand

Jan 13, 2014 at 16:39 | Charles Kennedy

As the debate over whether to lift the US ban on crude oil exports intensifies, producers will clearly benefit, but the situation for refiners is more complicated, but most are…

China’s Bold $10 Billion Investment in Nigerian Hydrocarbons

Jan 10, 2014 at 17:21 | John Daly

Developers in the pursuit of commercially available oil found it in Nigeria in 1956, with the country’s first oil field beginning production in 1958. The last 56 years have seen…

API Predicts Massive Oil Industry Spending Spree

Jan 10, 2014 at 17:12 | Charles Kennedy

Energy companies will spend close to $1 trillion on oil and gas infrastructure and storage over the next decade, to support more than 900,000 US jobs as the US becomes…

This Week in Energy: US Oil Exports: What Goes Unnoticed

Jan 10, 2014 at 15:57 | James Stafford

Quick note: Before we get started on this weeks report I wanted to briefly mention that today’s Oilprice Premium is a MUST READ for all our visitors. Dan…

Mother Nature Sends Oil Sector Strong Message

Jan 09, 2014 at 17:20 | Daniel J. Graeber

British Prime Minister David Cameron said he suspected the recent extreme winter weather may be a result of climate change, something the World Meteorological Organization said last year was tied…

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