Suriname's oil boom hopes are…
Namibia wants to join OPEC…
U.S. oil production is putting a crimp on demand from OPEC suppliers, the cartel said in its monthly report for March. Saudi Arabia alone cut its output by around 700,000…
Is Canada's tar sands expansion in trouble? Probably not, but the issue is complicated, so bear with me.Back on November 9, 2012 I wrote a post called
Oil is again climbing toward $100 a barrel and consumers are paying more than ever at the pump. Even natural gas prices have climbed off the mat, besting $4 per…
Exxon Mobil dispatched more than 100 responders to a community in Arkansas to address a release from its Pegasus pipeline system. So far, the company said it has managed to…
Last week our work suggested that crude oil may have been closer to a bottom than a top because the Commitment of Traders report showed that small speculators were liquidating…
The production of oil from Western Canada is expanding to the point that existing pipeline capacity is overwhelmed. Canadian pipeline company Enbridge aims to get its Northern Gateway project built…
Oil and natural gas from Lebanon’s yet to be exploited fields in the Mediterranean Sea are heading into troubled waters experts in Beirut predict. Unless the Lebanese government adopts stern…
(This report is part of Oilprice.com’s premium publication Oil & Energy Insider. Oil & Energy Insider gives subscribers an information advantage when investing, trading or doing business in the…
As Royal Dutch Shell prepares to resume operations at Majnoon field in Iraq in May, the supergiant plans to invest more than $1 billion this year to bring production online.…
What a mess President Obama makes as he tries to placate both sides of a dispute and comes out looking just inept.The president’s possible approval of the 2,000-mile-long…
With the media awash in stories telling us how much oil is being discovered around the world, there is one word which the optimists quoted in these stories refuse to…
Bottom Line: Massive plans to tap into Brazil’s subsalt fields and an upcoming auction of new oil and gas blocks in May could be delayed as we expect a high-profile…
In a recent Commodities Note, Reuters detailed how the Paris-based International Energy Agency (IEA) is changing the way it records and reports China’s crude and refined oil products consumption as…
Back in 2006-2007 when I was writing about peak oil, I would never have believed that U.S. crude oil production would reach 7 million barrels-per-day in the last month of…
(This report is part of Oilprice.com’s premium publication Oil & Energy Insider. Oil & Energy Insider gives subscribers an information advantage when investing, trading or doing business…
The discovery a few years ago of an important deposit of oil and gas reserves in the waters just off the Lebanese, Israeli and Cypriot coasts has raised the interest…
When peak oil first came to widespread public attention some 10 or 15 years ago, there was some debate about whether peak oil was the solution to climate change caused…
For the first time in almost 40 years, the U.S. has lost its top net oil importer position to China according to preliminary figures published by the U.S. Energy…
The way the oil industry is touting gains in U.S. crude production, you would think that production is soaring to new all-time highs. But the facts say otherwise. Below is…
The two most hotly debated scientific concepts associated with energy are “global warming” and “peak oil,” both with myriad proponents and detractors around the world. In the latter…