Canada's attempt to maintain its…
Oil markets remain relatively stable…
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…
Last week it was mentioned that nearby crude oil was expected to complete a test of the retracement zone at $92.37 to $90.85 and likely stay in this zone until…
Given the increase in the amount of oil that China and India are importing, it looks as if there will be no oil available for other countries to import in…
The discovery of oil in the Middle East around the 1930s has had a drastic effect on the lives of the people in the region. In most instances this black…
(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…
The Israeli government awarded a local subsidiary of U.S.-based Genie Energy the rights to explore for oil and natural gas in about 150 square miles of the southern section of…
Sweet Angola’s Sweet, Light Crude OPEC-member Angola is a leading producer of crude in Sub-Saharan Africa; more than one-third of all offshore oil discoveries in the region in…
Last year was a record one for major new discoveries, and 2013 has so far demonstrated that the road to discovery still has plenty of mileage. The past two months…
Bottom line: Foreign investment, though crucial for improving oil production levels in Ecuador, will remain far below potential for political reasons.Analysis: On 17 February 2013, President Rafael Correa…
Decline in output from the world's oil fields is averaging 5% per year, with some speculation that we may have reached the global production limit for conventional crude…
Both the protest movement against Keystone XL and the industry attempt to prove that Americans want it, are irrelevant: Keystone is set in stone and nothing indicates this more clearly…
The EIA last week released a nice summary of planned additional U.S. pipeline capacity.The reversal of the Seaway Pipeline began last May to carry 150,000 b/d…
I have been making the point about crude oil production and capex absolutely CONTROLLING the energy space right now and through 2013 and this week’s entry is perfect to point…
Bottom Line: The decision by Jordan’s Edgo Energy to relinquish its offshore exploration license opens up opportunities for new explorers but highlights two key problems: the technical difficulty of drilling…